oducts/services as well as "camaraderie" that transcends industry sectors. Isuzu Motors Limited (Isuzu) / UD Trucks Corporation (UD Trucks)   According to the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT), the country is facing a 34% shortage of transportation capacity by 2030, and the problems will be solved by using multi-pathways. The key to this lies in connected and autonomous driving technologies, but simply putti...

Market & Tech Reports  Updated at: 2025/12/16

o Automotive Systems Co., Ltd.” The manufacture of plastic components, including instrument panels, is conducted at three sites: the Kashiwabara Plant (Saitama Prefecture) and Suzuka Plant (Mie Prefecture) in Japan and the Siam Yachiyo Co., Ltd. (SYC) plant in Prachinburi, Thailand. In its Vision 2030, the company has set the goal of "becoming a key company for mobility through assiduous evolution of manufacturing," and is working on the develo...

Market & Tech Reports  Updated at: 2025/12/15

99% of components are produced locally) lowers costs and speeds up shipments. The company's e-Axle has already been applied to several mainstay models, including GAC-Toyota's bZ3X. The company's medium- to long-term goal is to capture a 40% to 45% share of the global electric drive system market by 2030.  Regarding financial performance and sales strategy adjustments, in fiscal year 2024, the company's operating income was impacted by price comp...

Market & Tech Reports  Updated at: 2025/12/11

gen engine is based on the 998cc in-line four-cylinder supercharged engine of Kawasaki Heavy Industries' Ninja H2 motorcycle and has been modified to use direct injection of hydrogen fuel into the cylinder. Research and development is underway with the aim of commercializing the engine in the early 2030s.   The six-cylinder hydrogen engine is a mock-up model of a six-cylinder hydrogen-fueled reciprocating engine that Kawasaki Motors is developin...

Market & Tech Reports  Updated at: 2025/12/11

ion Euro range, for flap systems used as bypass and shut-off valves for fuel cells. The delivery of the first parts started already in 2022 and series production is expected to start in 2025/2026. Rheinmetall plans to manufacture a total of 1.5 million components at its production site in Berlin by 2030. Dowlais（Formerly GKN） Click here to see recent developments   GKN Automotive Ltd. (GKN) is the number one global drive system supplier, ser...

Market & Tech Reports  Updated at: 2025/12/09

h robotics, vehicles, or real-world systems. Perceptions, control and decision making in real-time physical environments Exploratory(2027 -) 5 AGI Human-level reasoning, learning across tasks without retraining. Capable of abstraction, self-adaptation, generalization across domains Visionary(post 2030) (Source: Table created by MarkLines based on information obtained from the presentation by VW)  Dr. Ardey explained that traditional aut...

Market & Tech Reports  Updated at: 2025/12/02

ird wave of vehicle electrification in China, following transport vehicles and private passenger cars to promote advanced transformation in the convergence of transportation and energy.   For example, the current annual electricity consumption of passenger cars is approximately 100 billion kWh. By 2030, the electric heavy-duty truck fleet is expected to reach 2 million units. The electricity demand per electric heavy-duty truck is equivalent to ...

Market & Tech Reports  Updated at: 2025/12/02

ction Act (USA) LLC Limited Liability Company NACS North American Charging Standard OBBB One Big Beautiful Bill Act Created by itsEV Inc. I-1. Policy trends of various countries Europe   Based on the European Commission's 2021 "Fit for 55" package proposal (12 policies to achieve the 2030 CO2 reduction target of 55% below 1990 levels), a provisional agreement on CO2 emission standards for passenger cars and light commercial vehicle...

Market & Tech Reports  Updated at: 2025/12/01

    By 2035, conventional energy passenger cars will be fully hybridized. Hybrid vehicles will account for 65% of new conventional energy commercial vehicle sales by 2040, with zero-carbon commercial vehicle penetration exceeding 15%. The table can be scrolled left and right. Overall targets 2030 2035 2040 Product markets (Conventional energy vehicles) Passenger cars ・Hybrid passenger cars account for 80% of new conventional energy p...

Market & Tech Reports  Updated at: 2025/11/27

of the market share), and battery electric vehicles (BEVs) increased 47.7% to 52,000 units, accounting for 21.0% of the market share.    The European Automobile Manufacturers Association (ACEA) announced on November 7 that based on the current growth rate of battery electric vehicles (BEVs), the 2030 and 2035 CO2 emission targets are not achievable. Infrastructure, incentives, battery supply chain, and consumer demand have not kept pace with t...

Market & Tech Reports  Updated at: 2025/11/26

ar with flat wire wave winding. In the PCU cutaway section, a power module made by Fuji Electric Co., Ltd. (Fuji Electric) can be seen, but the PCU itself was also jointly developed with Fuji Electric.   The company has decided that a strong hybrid is necessary for minicars to be CAFE compliant by 2030, so it is developing a hybrid that can be installed in minicars at a price that customers can afford. The release date has not yet been decided. ...

Market & Tech Reports  Updated at: 2025/11/21

Indian market 5-year forecast: New car sales to exceed 6 mn units in 2030 Passenger car market analysis: segment structure, sales volume by OEM Summary GlobalData Sales Forecast: India’s light vehicle sales to exceed 6 million units in 2030 2025 and medium-term trends in the passenger car market Reduction in GST for the automotive sector Passenger cars segment performance in 2024 Passenger car market segment structure OEM analysis of passenger ...

Market & Tech Reports  Updated at: 2025/11/20

AMP 2047 aims to bring together stakeholders, including OEMs, auto component manufacturers, policymakers, academia, and end users, to address challenges such as technological advancements and infrastructure development. It will guide the development of a comprehensive plan targeting milestones for 2030, 2037, and 2047. It will develop a strategic roadmap backed by concrete targets for sector growth, exports, and industry advancement.   In the U...

Market & Tech Reports  Updated at: 2025/11/19

sport goods and merchandise and which follow a fixed route or have an operating radius that is designed in such a way that they do not need to be recharged during the tour. The management consulting firm Arthur D. Little predicts that almost 600,000 electric trucks will be in operation in Europe by 2030. It assumes that 80 % of these will use depot charging [3]. Dirk Braun from the digitalization service provider fastahead is also convinced of th...

Market & Tech Reports  Updated at: 2025/11/19

bagasse (residue) and corn husks and cobs. The resulting ethanol can be efficiently converted into butadiene using an appropriate catalyst, and then polymerized to produce butadiene rubber (BR).   Yokohama Rubber aims to establish the technology for social implementation using pilot facilities by 2030, and to commercialize it by 2034. Collaborative project with Zeon CorporationHighly efficient synthesis of butadiene from ethanol Diagram...

Market & Tech Reports  Updated at: 2025/11/14

tnership in the three areas of driver assistance, smart cockpits, and intelligent manufacturing, and announced their first model, the Baojun Huajing S. The company also established SAIC Motor Passenger Vehicles Nanjing Branch Co., Ltd. China FAW    At the end of July, FAW set its sales target for 2030 at over 5 million units. The breakdown is more than 3 million NEVs and more than 2 million own-brands.   In mid-July, FAW and Alibaba establishe...

Market & Tech Reports  Updated at: 2025/11/11

27 CNT slurry 50,000 Q1 2027 NMP purification 50,000 Q1 2027 LFP cathode materials 50,000 Q1 2028 Tennessee VC additive materials 10,000 Q3 2027 DTD additive materials 2,000 Q3 2027 Electrolytes 100,000 Q1 2028 Fresh NMP 20,000 Q3 2028 Lithium-series materials 100,000 Q3 2028 – Q4 2030 Table 1: Green Energy Origin’s future production plans in the U.S. Bosch silicon carbide semiconductors Display showing Green E...

Market & Tech Reports  Updated at: 2025/11/07

e headwinds from the lack of tax credits. On a positive note, interest rates are likely to be lowered, providing relief for those financing their vehicle purchases. Beyond 2026, growth is expected to be slow in the medium term but should eventually creep up toward a peak of 16.7 mn units in the mid-2030s, as greater localization of production helps to alleviate tariff impacts.IndiaIn comparison to our previous report, we have raised our 2025 and ...

Market & Tech Reports  Updated at: 2025/10/29

ed that its global production will decline to 3.3 mn units by 2037. In May 2025, Honda announced that it had readjusted its BEV strategy. While maintaining the initial target to replace 100% of vehicle sales with BEVs and FCEVs by 2040, it announced downgrades to its BEV sales target by fiscal year 2030, from 2 mn units to 750k units, and reduced its BEV-related investment by JPY3 trillion ($20 billion) to JPY7 trillion ($46 billion). Global Ligh...

Market & Tech Reports  Updated at: 2025/10/29

vehicles (EVs) rose 31.9% to 45,000 units, for a market share of 19.3%.   On October 15, the German government announced that the Federal Cabinet had decided to extend the vehicle tax exemption for all-electric vehicles (EVs) until 2035. As a result, EVs newly registered or converted by the end of 2030 will be exempt from automobile tax, with the exemption period extending until the end of 2035 at the latest. Furthermore, measures are planned to...

Market & Tech Reports  Updated at: 2025/10/27