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

Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65% BYD leads the pack; Seres, in development partnership with Huawei, sees significant growth Summary 2024 vehicle sales in China up 4.5% y/y to 31.4M units Sales by group: BYD tops the list, Geely and Chery perform well Passenger car market: Chinese-OEMs share exceeds 65% Sales by vehicle type : SUVs account for 53.8% of the PV market; many BYD in the Top 10 sedans and hatch...

Market & Tech Reports  Updated at: 2025/02/19

BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion 2024 sales volume 9 times higher than 2019 Summary 2024 Sales: Top in China with 4.272 million units, up 41.3% y/y; most are D-segment vehicles Product trends: Expansion of models and accelerating overseas expansion of each brand Core technologies: Promoting BEVs and PHVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded...

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

European Market: Adjusting Electrification Plan Amid Slowing EV Sales Additional duties on imports of EVs from China; European OEMs to launch affordable EVs Summary EV sales in Europe slowing down; Automakers reducing workforce EU imposes additional duties on imports of Chinese EVs National governments implementing various EV incentives; OEMs launching affordable EVs Zero-emission vehicles (EV, FCV) launched/to be launched in Europe in 2024-2025...

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

GAC: Aiming to Sell Over 4.75 million Units by 2030 Battery and electric powertrain plants; Focus on smart mobility; KD plant expansion overseas Summary Electrification: Battery and powertrain plants in operation, installation of all-solid-state batteries in vehicles in 2026 Intelligent driving: 3-year focus on intelligent driving, intelligent cockpit, and mobility Globalization: KD plants to be located in Africa and Southeast Asia, targeting exp...

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

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (May 2024) Electric vehicle sales in May increase 24.6% y/y to 1,164,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report pres...

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

Global Top 10 OEMs Production Forecast (Q1 2023) Global production to increase 4.2% to 86M in 2023, with steady growth to 90M in 2024 and 94M in 2025 Summary Commentary by LMC Automotive ⋆An updated version of this forecast report will be released every quarter -In a report by LMC Automotive as of Q1 2023, global light vehicle production in 2023 was estimated to increase by 4.2% year-on-year to 86.05 million units. This is only a slight upward ...

Market & Tech Reports  Updated at: 2023/04/26

Global Top 10 OEMs Production Forecast (Q4 2022) Global production to reach 85.97M units in 2023 and to exceed pre-COVID levels in 2024 Summary Commentary by LMC Automotive ⋆An updated version of this forecast report will be released every quarter -The global production of light vehicles in 2022 was estimated to have increased by 6.4% year-on-year to 82.01 million units, according to a report by LMC Automotive as of the fourth quarter of 2022. ...

Market & Tech Reports  Updated at: 2023/01/30

Analysis Report: Lithium-Ion Battery (Japanese, European, North American and Korean Markets) Business activities of major OEMs and suppliers List of Suppliers Introduction Ⅰ. OEM BEV and battery strategy (Overall trends) II. Activities of Major Battery Manufacturers III. Simple explanation of LiB technology Japan Panasonic Energy Prime Planet Energy & Solutions (PPES) Toyota Industries Corporation AESC Vehicle Energy Japan Blue Energ...

Market & Tech Reports  Updated at: 2022/11/11

China Market H1 2022: Sales Down to 12.05 Million Units, but NEVs Up 2.2 Times to 2.6 Million Units BYD's sales increased to 647k units; BYD, Tesla, and SAIC-GM-Wuling were the top three NEV sellers Summary Sales in the first half of 2022 decreased 6.5% y/y to 12.05 million units Sales volume by group: SAIC leads with 2,182,000 units, GAC rises to fourth place, and BYD's sales volume increases by more than 2.5 times Market share by vehicle type: ...

Market & Tech Reports  Updated at: 2022/08/09

LMC Automotive European Passenger Car Sales Update (March 2022) Summary Commentary The West European selling rate dropped to 9.0 mn units/year in March, from 10 mn units/year in February, bringing the Q1 2022 average to just 9.6 mn units/year. The start to 2022 has been very disappointing as the automotive industry continues to endure the impact of supply problems. To make matters worse, the horrific war in Ukraine only adds to these issues. In...

Market & Tech Reports  Updated at: 2022/04/08

LMC Automotive European Passenger Car Sales Update (January 2022) Summary Commentary The West European selling rate slipped to 9.7 mn units/year in January, from 11.3 mn units/year in December. While the completion of some build‐shy vehicles may have been part of the reason for improvement in the final month of last year, the result at the beginning of 2022 highlights once again the enduring nature of the supply‐side issues. The German PV s...

Market & Tech Reports  Updated at: 2022/02/08

LMC Automotive European Passenger Car Sales Update (November 2021) Summary Commentary The West European selling rate increased to 10.3 mn units/year in November, from 9.0 mn units/year in October — although some improvement was seen in the latest result, it still reflected the ongoing global supply issues currently hindering vehicle production. By comparison, the market result for 2019 was 14.3 mn units. The German PV selling rate increased t...

Market & Tech Reports  Updated at: 2021/12/07

Japanese Auto Parts Suppliers in ASEAN: Responding to Mid-Term Demand Growth Consolidation of production in Thailand and Indonesia, semiconductor production in Malaysia, etc. Summary Trends of Japanese suppliers in ASEAN ASEAN in general: SmartDrive, THK, NSK, Nihon Plast, Pronics Thailand: Toyobo, Nachi-Fujikoshi, Kobe Steel, Sanyo Chemical Industries, JATCO, Sumitomo Electric Industries, Chuo Spring, Yokohama Rubber, etc. Vietnam: Sumitomo Riko...

Market & Tech Reports  Updated at: 2021/11/18

Thailand: Acceleration as EV hub, increasing battery production Increase in EVs on market, production to recover with drop in COVID and easing of chip shortage Summary Thailand’s electrification policy: Making the country an EV production hub by 2035 Targets for EV charging stations and battery production Production in January-September 2021 increases 25.9% to 1.21 million units, pickup truck output grows 27.5% Exports in January-September 2021...

Market & Tech Reports  Updated at: 2021/11/11

European Market: Banning ICE vehicle sales in 2035 to be climate neutral by 2050 Boosting local production of EV batteries, 2020 sales of EVs double to 750k units Summary EU plans to achieve zero CO2 emissions from vehicles by 2035 National governments to continue purchase incentives for electrified vehicles Automakers expanding in-house production of EV batteries EV sales double to 750,000 units in 2020 Passenger car sales: 27.1% y/y growth in H...

Market & Tech Reports  Updated at: 2021/08/12

The global market for motorcycles: India, China and ASEAN countries Demand declines and production stagnates in 2020, introduction of electric vehicles is progressing Summary Global motorcycle demand and production volume India: Production stagnates due to lockdowns; introduction of electric scooters progresses due to measures to promote EV adoption China: Motorcycles with displacements of 150cc or less decline, EVs surge as electric motorcycles ...

Market & Tech Reports  Updated at: 2021/07/30

Analysis Report: Seat (Japan Market) Major supplier trends List of suppliers Ⅰ. Introduction Ⅱ. Global expansion of major seat suppliers Ⅲ. List of major seat suppliers and the automakers to which they supply seats (vehicles produced in Japan) IV. List of components by supplier, OEM, and model (seat assemblies only) Ⅴ. Sales figures of major seat suppliers VI. Suppliers global footprints (Detail) Toyota Boshoku Cowerk NHK Spring/ Fa...

Market & Tech Reports  Updated at: 2021/06/25

ASEAN: Thailand and Indonesia building EV and battery production facilities VinFast releases its first EV in Vietnam, Hyundai sets up R&D and production sites in Singapore Summary Electrification policies: Thailand and Indonesia building EV battery production facilities ASEAN vehicle production: Great Wall to start production in Thailand, Hyundai to build new plants in Indonesia and Vietnam ASEAN new vehicle sales: Sales in major six countries we...

Market & Tech Reports  Updated at: 2021/06/10

China Passenger Car Association (CPCA) report - May 2021 Analysis of China's passenger car sales in April and outlook for May China passenger car production and sales volumes in April 2021 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for April 2021.   RetailA...

Market & Tech Reports  Updated at: 2021/05/12