ss was taken over from Showa Denko, which was to become a holding company, and the company name was changed to Resonac Corporation (Resonac). The company will emerge as the 7th largest chemical manufacturer in Japan in terms of sales in 2021 (according to the company's survey). The sales target for 2030 is JPY 1.8 trillion. The company will focus on the Semiconductor and Electronic Materials business, with the goal of raising its share from 31% i...

Market & Tech Reports  Updated at: 2025/05/29

system of 2 Linux OS+1 Android OS based on Hypervisor. High-end cockpit High-end cockpit domain controller description High-end cockpit domain controller platform   Alliances with Japanese manufacturers such as Toyota Boshoku   Toyota Boshoku Corporation exhibited the MX OASIS 2030, a mockup of a vehicle interior space concept with four core functions developed jointly with a Chinese company. The door trim illumination is su...

Market & Tech Reports  Updated at: 2025/05/28

KD cars/motorbikes in 2026 (February 17, 2025) https://www.marklines.com/en/news/322079 Proton starts building EV plant in Tanjung Malim, Malaysia; to complete by 2025 (February 7, 2025) https://www.marklines.com/en/news/321597 MAA: tax break for fully-imported EVs in Malaysia should continue until 2030 (January 27, 2025) https://www.marklines.com/en/news/320991 Proton, Malaysia to launch at least 3 new models in 2025; Sets annual sales target o...

Market & Tech Reports  Updated at: 2025/05/21

ti-solution approach to electrification, on March 18, 2025.   The company's strategy is to increase the utilization of its existing assets as a small player by developing, producing, and introducing a variety of products and electrification technologies in a timely manner. It sees the period up to 2030 as the "dawn of electrification" and will promote electrification with multiple solutions that can flexibly respond to diversifying user needs an...

Market & Tech Reports  Updated at: 2025/05/20

Auto Shanghai 2025: GAC, Changan, Great Wall Motor Next generation smart cars, luxury orientation, off-road capabilities Summary GAC Group: World premiere of four new models, accelerating the transition to the smart car era Changan: Three models exhibited; targeting sales of 5 million units in 2030 Great Wall Motor: 6 brands in the lineup, promoting technology and off-road capabilities Deepal Auto's exhibition booth   Auto Shanghai 2025...

Market & Tech Reports  Updated at: 2025/05/20

ion solutions.   Pleos Connect is an Android-based system infotainment system with a smartphone-like user interface. It includes features such as multi-window functions and an AI voice assistant. The system is expected to be launched in Q2 2026 and to be integrated into over 20 million vehicles by 2030.   Another feature is the Pleos Playground, an open development platform that is designed to allow third-party mobile app developers to freely p...

Market & Tech Reports  Updated at: 2025/05/16

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

Market & Tech Reports  Updated at: 2025/05/15

cast: Thai production expected to be 1.82 million units in 2028 BYD’s mid-size SUV, Sealion 6 DM-i (Unveiled at the Bangkok International Motor Show in March 2025) The Thai government has set a policy of making electric vehicles (EVs) account for 30% of domestic automobile production by 2030 and has been expanding EV production, but EV sales have been slowing down since around mid-2024. Conversely, the demand for hybrid vehicles (HVs)...

Market & Tech Reports  Updated at: 2025/05/12

arket (Apr. 2025)Mazda: BEV Transition to Progress in Stages (Apr.2025)Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65% (Feb. 2025)Toyota: Developing electrification compatible engines with Mazda and Subaru (Aug. 2024)Honda: Investing JPY 10 trillion in EVs and software by 2030 (Aug.2024)Auto China 2024: Japanese OEMs (May 2024)         Toyota Motor Corporation (Toyota) held the world unveiling of the D-segment sedan...

Market & Tech Reports  Updated at: 2025/05/07

ting in 2026: a model for personal use, a model for neighborhood mobility (cab), and a model for urban delivery. The price range is expected to be MXN 90,000 to 150,000 (approximately USD 4,600 to 7,600), and all models are scheduled to be launched during President Sheinbaum's term of office, until 2030.   In January 2025, Zacua, an emerging Mexican EV brand, announced plans to launch five new or facelifted models. Two models, a facelifted compa...

Market & Tech Reports  Updated at: 2025/04/30

ng in the seat In November 2017, Autoliv announced the development of a new crash manikin that represents an elderly person. The manikins, as defined by laws, regulations, standards, and the NCAP, are based on the physiques of men of average build, large men, small women, and children. However, by 2030, more than 20% of all drivers are expected to be over 65 years of age. As people age, bone density decreases and parts of the body harden, so the...

Market & Tech Reports  Updated at: 2025/04/24

since several units can be monitored by a single person, significant labor savings and thus profitability can be expected. By gradually expanding these areas, widespread social implementation will be realized.   Company profile   Isuzu Motors' growth strategy “Isuzu Transformation - Growth to 2030” includes "Automated Driving," "Connected Services," and "Carbon Neutral Solutions" as new businesses. Regarding connected vehicles, the compan...

Market & Tech Reports  Updated at: 2025/04/18

apan, and had approximately 330 attendees, including people from the automotive industry and the press. This report provides a summary of the strategy briefing.   Related reports: Smart Energy Week Spring 2025 (2) BEVs, Batteries, and Chargers (Apr. 2025) Stellantis (1): Launching 75 BEV Models by 2030, Aiming for 100% BEV Sales in Europe (Jan. 2024) Japan Mobility Show 2023: Electrification Technologies (2) (Nov. 2023) Foxconn: Transforming exi...

Market & Tech Reports  Updated at: 2025/04/17

ved fabric and papermaking technology (F.C.C.)   As the trend toward electrification leads to a decline in demand for clutches, the company has announced that it will review its product portfolio as a management goal and increase "new businesses" other than clutches to 30% of total sales by fiscal 2030. The company's core technologies are focused on developing new products that utilize four technologies: new papermaking material technology, pres...

Market & Tech Reports  Updated at: 2025/04/15

are currently four automatic transmission production companies, three of which are joint ventures with the OEMs FAW, GAC and Geely, respectively. Future direction: The e-Axle will be in its second generation in 2025 and have a full lineup including commercial vehicles. The third generation for 2030 is planned to be an X-in-1 system that integrates related equipment. According to the mid- to long-term business strategy released in September 2...

Market & Tech Reports  Updated at: 2025/04/15

nd 3) Deployment capabilities: contributing to the mobility industry through software human resource development programs and technology standardization. With these strengths in mind, the company will gain a new competitive advantage centered on software, aiming to have 18,000 software personnel by 2030 (1.5 times the current level) and a business scale of JPY 800 billion (including ECU-mounted software) (4 times the current level) by 2035. (Figu...

Market & Tech Reports  Updated at: 2025/04/09

025, the group announced plans to invest USD 21 billion between 2025 and 2028 in the United States, the group's largest market. It will invest USD 9 billion in its automotive division to establish an annual production capacity of 1.2 million vehicles in the US. Hyundai has set its sales target for 2030 at 5.55 million units, 350,000 units lower than its initial plan (2023) of 5.9 million units. Amid rising demand for hybrid electric vehicles (HE...

Market & Tech Reports  Updated at: 2025/04/07

et Strategy” to promote electrification through multiple solutions. The approach is to increase competitiveness as a small player, ensuring high asset efficiency with low investment and providing competitive technologies and products.   Mazda has a plan dividing the nine-year period from 2022 to 2030 into three stages and gradually advancing electrification and the shift to BEVs (battery electric vehicles). The proportion of xEVs (electrified ...

Market & Tech Reports  Updated at: 2025/04/01

ister of Industry and NITI, an Indian government think tank, met to discuss the direction of industrial cooperation between Thailand and India. They also exchanged views on the "30@30" goal of having 30% of Thailand's vehicle production be electric vehicles (EVs) or zero-emission vehicles (ZEVs) by 2030. The Indian government aims to continue promoting EV production in India to stimulate domestic demand and attract foreign investment. Currently, ...

Market & Tech Reports  Updated at: 2025/03/26

ation of the South America, the Middle East and Africa, and China, India, and the Asia-Pacific segments, which it calls its “Third Engine” (for presentation purposes only) after Europe and the United States. The company plans to invest a total of BRL 32 billion in South America between 2025 and 2030. New systems based on bio-hybrid engine technology, which combine electric and hybrid powertrains with biofuels, specifically ethanol, to reduce ...

Market & Tech Reports  Updated at: 2025/03/18