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Indonesia: BYD, GAC Aion and VinFast set up EV plants
ing to the type of fuel, fuel consumption, and emissions.The estimated budget required by the government for this measure is IDR 840 billion. Battery EV (BEV) sales in Indonesia reached 43,104 units in 2024, increasing around 2.5 times from the previous year. BYD delivered the most with 15,429 units, followed by Wuling (13,117 units) and Chery (5,010 units). Major models include BYD’s M6, Seal, ATTO 3, Wuling’s Binguo, Air EV, Cloud,...
Market & Tech Reports Updated at: 2025/06/13
Analysis Report: Lithium-Ion Battery (Chinese Market)
82,262,664 87,728,182 Cost of sales 46,945,103 55,010,762 63,231,088 62,461,405 66,348,948 Operating income 3,194,987 4,057,997 3,550,972 3,653,294 3,419,675 Net income 2,063,790 1,414,972 1,863,123 1,150,611 591,365 Net income attributable to owners of the parent 1,243,324 1,888,995 1,911,429 818,301 1,619,689 (2) Product technology development In January 2023, Korean media reported that "silicon battery" technology had achieve...
Market & Tech Reports Updated at: 2025/06/12
Analysis Report: Brake (Japanese Market)
Brake system manufacturer ▶ Recent trends Business overview: Headquartered in Germany, Bosch (Robert Bosch GmbH) is the world's largest automotive parts supplier. It has been conducting business in automotive parts in Japan since 1939. Sales of Bosch Corporation, the Japanese subsidiary, are JPY 429.2 billion (fiscal year ended December 2023), and the number of employees is 6,031 (as of December 31, 2023). It was established in 1939 as the for...
Market & Tech Reports Updated at: 2025/05/29
Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030
e reduced output in Hungary, Indonesia, and Thailand. Trends: Maruti Suzuki’s production in India rose by 6% YoY to 2.2 mn units in 2024, despite the automaker's efforts to streamline its output in response to elevated dealer inventory levels. In the first two months of 2025, production reached 429k units, representing a 5% YoY rise. In Japan, Suzuki’s production saw a modest YoY improvement of 1% to 904k units, bolstered by consistent out...
Market & Tech Reports Updated at: 2025/05/15
Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
97,795 77,569 62,486 94,831 101,206 89,372 SAIC Group MG MG 30,267 15,677 21,478 29,152 35,581 38,937 44,764 Roewe MG 2,060 2,174 571 1,640 3,907 5,637 5,526 Maxus MG 2,674 2,135 20 1,300 594 0 0 SAIC Group sub-total 35,001 19,986 22,069 32,092 40,082 44,574 50,290 BYD Auto BYD BYD 0 0 15,429 25,366 47,220 51,985 48,019 Great Wall Motor ORA ORA 0 0 3,185 5,408 6,416 6,997 7,684 Haval Haval 8,342 5,893 1,405 2,370 6,624 6,920 6,798 ...
Market & Tech Reports Updated at: 2025/05/12
Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
les to its lineup since 2023. These include the subcompact HEV MG3, the compact BEV sedan MG4 and the B-class BEV SUV ZS, as well as the C-class PHEV SUV HS. The flagship BEV, the MG4, is available in three versions: "Style", "Extended Range" and "XPower". The XPower version has a maximum output of 429hp and a range of 385km (WLTP), while the Extended Range version has 241hp and 520km, respectively. MG series sales by powertrain (2024) are 927...
Market & Tech Reports Updated at: 2025/04/30
Mazda: BEV Transition to Progress in Stages
1,346 177,897 149,333 245,926 251,495 226,231 218,345 Australia Mazda Mazda 95,718 100,008 95,262 84,127 88,521 89,597 85,797 Canada Mazda Mazda 49,876 58,630 73,034 77,071 73,461 72,362 69,088 Mexico Mazda Mazda 48,275 76,017 94,348 69,772 63,138 56,328 60,847 Germany Mazda Mazda 35,013 46,429 44,906 51,302 63,152 49,109 46,828 Vietnam Mazda Mazda 36,052 35,632 30,247 27,182 31,847 38,545 42,592 China Mazda Mazda 104,168 89,345 71,19...
Market & Tech Reports Updated at: 2025/04/01
Analysis Report: Brake (U.S. and European Markets)
ased Robert Bosch GmbH is the largest automotive component supplier in the world, having sales of EUR 88.2 billion (for the fiscal year ended December 2022) with 421,338 employees worldwide (as of December 31, 2022). It had sales of EUR 91.6 billion (for the fiscal year ended December 31, 2023) and 429,416 employees worldwide (as of December 31, 2023). The Mobility Solution division, which includes the brake business, had sales of EUR 56.2 billio...
Market & Tech Reports Updated at: 2025/03/21
Stellantis (2) Developing Next-Generation Vehicles with New Platforms
8 95,824 98,113 Fiat 915 558 1,410 1,691 2,867 3,459 3,009 Alfa Romeo Alfa Romeo 12,845 10,897 9,092 10,041 13,405 20,144 30,308 Maserati Maserati 6,100 5,869 4,673 3,494 3,297 4,737 6,617 USA sub-total 1,536,184 1,511,906 1,282,267 1,380,538 1,571,549 1,636,213 1,664,773 Brazil Fiat Fiat 429,838 475,493 523,737 498,487 490,995 505,914 532,450 Peugeot 2,027 1,704 786 613 456 616 628 Jeep Jeep 137,319 127,315 125,054 123,844 112,125 ...
Market & Tech Reports Updated at: 2025/03/18
Chery: Jump in NEV Sales; Promoting Intelligent Technology
2021 2022 2023 2024 Chery Chery SUV Tiggo 7 14,759 64,991 91,331 153,777 236,519 303,971 Tiggo 8 42,602 50,962 11,899 50,098 109,061 200,310 Tiggo 5X - 70,021 15,996 - - 167,184 Omoda - - - 27,525 129,190 154,343 Tiggo 8 Plus - - 63,602 77,751 88,524 121,140 Tiggo 3 6,514 144 95,581 80,429 96,136 104,318 Tiggo 9 - - - - 43,606 87,099 Fulwin T9 - - - - - 84,240 Tansuo 06 - - - - 36,954 65,775 Luxeed R7 - - - - - 26,989 eQ - ...
Market & Tech Reports Updated at: 2025/03/07
ASEAN Vehicle Sales and Production Update (Q4 2024)
mparison (units) Country Dec. 2024 Dec. 2023 Y-o-Y Oct.-Dec.2024 Oct.-Dec.2023 Y-o-Y Jan.-Dec.2024 Jan.-Dec.2023 Y-o-Y Thailand 54,016 68,291 -20.9% 134,016 188,875 -29.0% 572,675 775,745 -26.2% Indonesia 79,806 85,284 -6.4% 232,063 250,024 -7.2% 865,723 1,005,802 -13.9% Malaysia 81,735 78,429 4.2% 222,603 227,864 -2.3% 816,747 799,821 2.1% Philippines 42,044 39,153 7.4% 122,945 114,964 6.9% 467,252 429,807 8.7% Vietnam 31,598 38,740...
Market & Tech Reports Updated at: 2025/02/25
U.S. Market: New Vehicle Sales Recover, BEV Expansion Slows
105 47,246 Polestar Polestar 0 0 5,138 14,963 17,070 14,212 13,417 Geely Group sub-total 13,532 15,353 24,222 30,328 42,991 43,317 60,663 Daimler Truck Group Mercedes-Benz Freightliner 0 0 0 0 0 0 0 Other Rivian Rivian 24,338 57,232 47,939 55,853 85,239 100,471 102,136 Lucid Lucid 7,180 8,429 6,743 22,676 23,348 43,383 55,110 Oshkosh Oshkosh 0 0 107 2,733 16,873 25,231 35,019 Bollinger Bollinger 0 0 0 0 613 5,113 5,574 Mullen Mull...
Market & Tech Reports Updated at: 2025/02/21
BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion
building factories in Thailand, Indonesia, Uzbekistan, Pakistan, and other countries. In Thailand, the company is aggressively expanding its sales network and introducing many models. The company’s first electric MPV model, M6, was launched in Indonesia. In Indonesia, sales volume in 2024 was 15,429 units with a market share of 1.8% (Source: GAIKINDO). In Malaysia, the number of registered vehicles reached 8,570, ranking first among BEVs (Sour...
Market & Tech Reports Updated at: 2025/02/18
VW Group: Partnership with Rivian and XPeng for SDV Development
84 13,109 10,778 14,063 14,195 13,098 11,611 Porsche Porsche 1,400 1,673 2,583 2,128 2,238 2,631 2,585 Cupra Cupra 2,910 3,799 4,265 2,888 2,659 2,261 1,206 Scout Scout 0 0 0 0 0 0 289 Bentley Bentley 16 20 13 4 11 41 35 Mexico sub-total 109,136 149,046 173,038 145,045 150,930 142,556 144,429 Source: GlobalData "Global Light Vehicle Sales Forecast (Q4, 2024)"Notes: 1. Data indicates figures of only small-size vehicles, including pass...
Market & Tech Reports Updated at: 2025/02/10
Global Top 10 Countries Sales Forecast (Q4 2024)
recast by Country (top 10 countries) 2021 2022 2023 2024 2025 2026 Total 79,992,977 78,796,864 86,849,753 88,545,222 90,801,329 92,368,737 China 23,652,729 23,874,503 25,236,335 25,715,936 26,066,156 25,780,918 USA 14,972,786 13,775,998 15,552,299 15,816,259 16,085,429 16,480,279 India 3,536,789 4,391,202 4,713,369 4,895,368 4,998,561 5,187,406 Japan 4,395,581 4,166,415 4,744,288 4,408,786 5,093,117 5,062,781...
Market & Tech Reports Updated at: 2025/01/31
Analysis Report: Radar and LiDAR (Japanese Market)
ith several companies, and Mazda Motor Corporation (Mazda) in particular has business relationships with many suppliers. 2) Supplier Overview Bosch ▶ Recent activities Business overview: Robert Bosch GmbH (Bosch), the world's largest automotive parts supplier, is based in Germany, and has 429,416 employees (as of December 31, 2023). Bosch’s business structure is divided into the Mobility, Industrial Equipment Technology, Energy and Bu...
Market & Tech Reports Updated at: 2025/01/16
Analysis Report: Camera (Japanese Market)
bility Sector within the Automotive Division, and the product lineup includes monocular cameras, stereo cameras, radar, LiDAR, and ADAS ECUs. Robert Bosch GmbH (Bosch) ▶ Recent trends Company profile Robert Bosch GmbH (Bosch) is the world's largest automotive supplier, based in Germany, with 429,416 employees (as of December 31, 2023). The business structure is divided into the Mobility, Industrial Technology, Energy and Building Technolog...
Market & Tech Reports Updated at: 2025/01/09
U.S. Market: Transition towards the new Trump Administration
32 34,808 51,017 65,073 Sweden 85,552 70,390 69,523 80,691 72,019 80,574 59,734 Slovakia 41,468 48,905 46,560 55,735 42,825 67,425 50,167 Hungary 42,150 15,278 17,416 14,034 38,248 53,515 42,342 Italy 126,085 97,695 82,876 66,568 41,269 46,777 33,554 Belgium 12,427 25,687 35,862 39,394 33,429 47,937 31,278 Thailand 24,316 26,966 19,136 22,741 15,816 13,219 17,105 Austria 8,842 20,549 20583 21,103 13,898 14,834 14,517 Spain 48,751 ...
Market & Tech Reports Updated at: 2024/12/26
Mercedes-Benz: Revises Strategy to All-electric
eds. (Mercedes-Benz Cars) BEV and PHEV sales volume (units) and ratio 2022 2023 Jan-Sep 2023 Jan-Sep 2024 Number of units Ratio Number of units Ratio Number of units Ratio Number of units Ratio BEV 149,227 7.3% 240,668 11.8% 174,471 11.4% 135,908 9.3% PHEV 184,263 9.0% 161,275 7.9% 115,429 7.5% 131,464 9.0% xEV total 333,490 16.3% 401,943 19.7% 289,900 19.0% 267,372 18.3% Total sales volume 2,040,719 100.0% 2,044,051 100.0% 1,529...
Market & Tech Reports Updated at: 2024/12/06
Analysis Report: EV/HV Drive Motor (Chinese Market)
m Wheel peak torque 1,400Nm Output shaft maximum speed 13,000rpm OBC charging power 6.6kW OBC discharge power 3.3kVA DCDC output 1.5kW OBC efficiency ≥94% Reduction ratio 10.07 IP standard IP67 Functional safety ASIL-C EMC level Class 3 Cooling method Liquid-cooled External dimensions 429mmx396mmx409mm Figure 3.11: EX70 EP100 (3-in-1) Motor type Permanent magnet synchronous motor Operating voltage 220V~450V Peak ou...
Market & Tech Reports Updated at: 2024/11/28