language model to support voice/touch control/gesture interaction. The Smart Driving System is a driver assistance solution jointly developed by Audi and Momenta. AUDI E5 Sportback   SAIC VW   In November 2024, the VW Group and the SAIC Group announced a JV agreement that will run until 2040, deepening the understanding and integration of technologies, resources and markets, and promoting localized innovation and globalization. Two m...

Market & Tech Reports  Updated at: 2025/06/11

ations have been reorganized (other Chinese companies are 51% owned by ZF). Future direction: The company is focusing on the following two areas for future growth: Electrification of commercial vehicles – There will be a huge demand to convert all internal combustion engine vehicles to xEVs by 2040. Wind power gearboxes - ZF is ranked #3 in the world, ahead of Chinese companies, and can continue to grow by leveraging its competitive edge. ...

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

eir family and loved ones, Mazda offers a driving and transportation experience that is unique to Mazda, as well as the latest environmental and safety features.   Advanced safety features   In November 2022, Mazda announced that it would achieve zero fatal accidents involving its new vehicles by 2040, provided that countermeasures are possible using available automotive technology.   Specifically, the CX-60, launched in Japan in September 202...

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

ntly being applied to motor design, and Huawei's high-speed permanent magnet motors use the Pangu Large Model developed in-house. (Source: Created by MarkLines based on presentation content) Technology forecast for drive motors Fiscal year of development Industry standard in 2024 2030 2035 2040 Development goal - The core performance indicators of the drive motor itself have reached the world's advanced level. All drive motor materials...

Market & Tech Reports  Updated at: 2025/02/18

duled to be produced exclusively for the Chinese market. Joint venture agreement with SAIC extended The VW Group extended its JV agreement with the SAIC Group on November 26, 2024, further strengthening their long-term cooperative relationship. The joint venture agreement for SAIC-VW runs through 2040. By 2030, SAIC-VW plans to launch 18 new models, 15 of which will be developed for the Chinese market. Import of finished vehicles/parts On Nov...

Market & Tech Reports  Updated at: 2025/01/28

ed vehicles (EVs and PHVs) by 2030. The remaining 0-10% will allow for mild hybrid vehicles, if needed. By 2025, the electrified models are expected to account for 50-60% of total sales. The company remains committed to its long-term ambition (full electrification and achieving carbon neutrality by 2040). Hyundai Motor,Kia Kia aims to expand its EV lineup to 11 models by 2026, and 15 models by 2027, making its lineup fully electric by 2035. In ...

Market & Tech Reports  Updated at: 2024/12/25

er PHEV can carry payload up to 1t and a maximum towing capacity of 3.5t. The all-new Ranger PHEV is equipped with a 12-inch touchscreen in the central console with Ford SYNC 4A for the infotainment system.   F-Line E   Ford Trucks aims to achieve zero emissions in heavy commercial vehicles by 2040. To reach this target, the company has invested in hydrogen-fueled engines as well as battery-electric technologies. At IAA Transportation 2024, ...

Market & Tech Reports  Updated at: 2024/12/05

AR technology, which provides precise measurements of distance and can be used to improve navigation and obstacle detection, contributing to safer and more efficient flight operations.     Driving Sustainable Innovation @ZFDr. Holger Klein - CEO, ZF Group   Aiming for climate neutrality by 2040 (33rd Aachen Colloquium Sustainable Mobility, organized by © Aachener Kolloquium Fahrzeug- und Motorentechnik GbR, Photo: Copyright © ZF Group)...

Market & Tech Reports  Updated at: 2024/12/02

any will promote the installation of safe driving support systems and smart cockpits in all series models. - Regarding the environment, the company is promoting the electrification of all series models with the goal of achieving carbon neutrality throughout the product lifecycle by 2045 (preferably 2040). In addition, a new zero carbon emission EV plant will be built in 2024, and carbon peaking and manufacturing phase carbon neutrality will be ac...

Market & Tech Reports  Updated at: 2024/11/05

greener, and more efficient. - Intelligent: With the goal of "zero traffic fatalities by 2050", the company will start operation of a new electrified vehicle plant in 2024 and promote the installation of safe driving support systems and smart cockpits in all series of vehicles. - Green: By 2045 (or 2040 if possible), the goal is to achieve carbon neutrality throughout the entire product life cycle. The company will promote the electrification of ...

Market & Tech Reports  Updated at: 2024/10/30

56.8 billion in 2022 to JPY 4,912.7 billion in 2035, while the number of lines of software code is expected to increase six-fold, from 100 million lines in 2020 to 600 million lines in 2030. In addition, carmakers’ software revenue is estimated to reach 38% of total automotive industry revenue by 2040.   The scale of the software business will expand from JPY 200 billion in 2023 to JPY 800 billion in 2035 (fourfold), and development volume wil...

Market & Tech Reports  Updated at: 2024/10/22

garding sales of CO2-neutral fuels (eFuel, hydrogen, biofuels, etc.) consistent with EU regulations. In February 2023, for heavy-duty vehicles, the European Commission announced a revised proposal, changing the reduction after 2030 compared to 2019 from the original 30% → 45%, and after 2035 and 2040, reductions of 65% and 90%, respectively, compared to 2019. Subsequently, an exception was made, allowing new car sales after 2035 for vehicles e...

Market & Tech Reports  Updated at: 2024/10/18

ies for electric motorcycles (local content rate of 40% or more, until the end of 2024)・ Purchase of electric motorcycle or conversion of gasoline motorcycle to electric: IDR 7 million per unit Malaysia The ratio of electrified vehicles (EVs and HVs) to new car sales will be 20% by 2030, 50% by 2040, and 80% by 2050. Tax incentives・ Completely built EVs (CBU): Exemption from import duties and excise tax (extended until the end of 2025)・...

Market & Tech Reports  Updated at: 2024/09/04

y and Resource Procurement (Jun. 2023)       In May 2024, Honda held a briefing on its initiatives centered on four-wheeler electrification. In its four-wheeler business, Honda has set a goal to achieve a global EV and FCEV ratio of 40% by 2030 (producing 2 million EVs), 80% by 2035, and 100% by 2040.   Initiatives to achieve EV and FCEV ratio of 40% and EV production of 2 million units by 2030 Direction of automobile business electrifi...

Market & Tech Reports  Updated at: 2024/08/23

ve been reported through May 2024).・ In its budget proposal published in October 2023, the Malaysian government outlined its intention to promote the spread of EVs and related industries. The country has set a goal of having electric vehicles (EVs and HVs) account for 20% of sales by 2030, 50% by 2040, and 80% by 2050. Thailand ・ In January 2024, the Department of Business Development of the Thai Ministry of Commerce announced that six el...

Market & Tech Reports  Updated at: 2024/08/19

a quarter of the maximum output), the engine will not be able to keep up with the electricity generation, and even if there is fuel remaining, the small battery will quickly discharge and the vehicle unable to continue driving.   Yangwang U8 main specifications table Product type No. (China) QCJ2040ST6HEV Overall length x Overall width x Overall height 5319 x 2050 x 1930mm Wheelbase/tread front/rear 3050/1740/1731mm Equipped weight when...

Market & Tech Reports  Updated at: 2024/08/05

urces such as e-fuels, hydrogen, LPG, CNG, and ethanol.  In June 2024, Aramco of Saudi Arabia announced that it will take a 10% stake in HORSE Powertrain Limited, cooperating in the development of e-fuel and hydrogen fuel technologies. Renault Group and Geely will each take a 45% stake.   Even in 2040, internal combustion engine and hybrid vehicles are expected to account for more than 50% of global sales.   At the start, Renault's Madrid plan...

Market & Tech Reports  Updated at: 2024/07/12

very limited. Of greater concern are high inflation and declining real wages, which are eroding consumer purchasing power.   Honda announced on May 16 that it aims to achieve a 5% return on sales (ROS) for its EV business by 2030. The company aims to achieve a global EV/FCV sales ratio of 100% by 2040, and 40% by 2030, as well as annual EV production of over 2 million units. To realize these electrification strategies, the company plans to inve...

Market & Tech Reports  Updated at: 2024/06/26

ct on the industry.   Mr. Rose is less optimistic about synthetic fuels, as they are still at the research and development stage and the costs are still being examined. He sees the lack of green electricity as the main obstacle. He assumes that there will be a large deficit in green electricity by 2040 or even 2045, as green electricity plants cannot be built quickly enough and it is difficult to bring enough green electricity onto the grid with...

Market & Tech Reports  Updated at: 2024/06/06

on CO2 emission limits for heavy-duty vehicles (HDVs) sold in the EU market after 2030. Almost all trucks, city buses, long-distance buses, and trailers will be covered, with the aim of reducing emissions by 45% compared to 2019, between 2030 and 2034, by 65% between 2035 and 2039, and by 90% as of 2040.   Research Department, MarkLines Information Platform Division ------------------KeywordsElectric Vehicle, EV, PHEV, FCEV, HEV, NEV, Electric, ...

Market & Tech Reports  Updated at: 2024/05/24