es Philippines’ first all-electric taxi service with exclusive fleet of VinFast Nerio Green (June 11, 2025)https://www.marklines.com/en/news/327841 VinFast Philippines joins CAMPI, strengthening local EV presence (June 9, 2025)https://www.marklines.com/en/news/327685 Li Auto opens first Southeast Asia flagship showroom in Philippines (May 26, 2025)https://www.marklines.com/en/news/327003 Philippine Govt. urged to lower tariffs on imported vehic...

Market & Tech Reports  Updated at: 2025/08/28

ustrial states in India. The state is a leader in technology, R&D, and industrial sectors such as IT, aerospace, biotechnology, and automotive manufacturing. Karnataka is also a rising hub for automotive and electric mobility industries. The Karnataka Clean Mobility Policy 2025-2030 aims to make it Asia's top destination for clean mobility.   To attract investment and industrial growth of the state, the state government organized the Invest Karn...

Market & Tech Reports  Updated at: 2025/08/27

m, an electro-hydraulic steering system, and steering shafts at the IAA Transportation 2024 expo, which was held in Hannover, Germany. Several solutions for commercial vehicles were presented. Manufacturing site activities 17 production sites (6 in Europe, 4 in the Americas, 5 in China, 2 in Asia) Europe 6 (Germany 3, France 2, Hungary 1) Americas 4 (U.S. 1, Brazil 1, Mexico 2) China 5 (Shanghai; Yantai City, Shandong Province; Wuhan Ci...

Market & Tech Reports  Updated at: 2025/08/21

gine) powered vehicles. Because HEVs are expensive and require higher maintenance costs, BEVs are considered more advantageous. At the Periklindo Electric Vehicle Show (April 29 to May 4, 2025, Jakarta International Expo, Periklindo (the Indonesian Electric Vehicle Industry Association)), Southeast Asia's only show specializing in electric vehicles, Chinese manufacturer Wuling and state-owned Indonesian EV manufacturer MABI (PT Mobil Anak Bangsa ...

Market & Tech Reports  Updated at: 2025/08/20

put an end to this, meeting with heads of the largest OEM’s including BYD, where they instructed manufacturers not to offer unreasonable discounts. The EV market is the main battleground in the price war, as domestic and international demand for affordable electric driving has been rising. Other Asia In Japan, LV sales fell 3.6% YoY on a raw sales basis, with the CV segment contracting 8.1%. This is somewhat expected in seasonal terms however...

Market & Tech Reports  Updated at: 2025/08/20

tes the truck and bus division of the Toyota Group under the HINO brand, and also carries out commissioned production of Toyota-branded vehicles such as the Land Cruiser 250 and Dyna. Outside Japan, the company has production facilities in North, Central, and South America, Europe, the Middle East, Asia, Oceania, and other parts of the world. For example, in Thailand, the company manufactures HINO brand trucks and also produces unit parts for Toy...

Market & Tech Reports  Updated at: 2025/08/14

rs to provide automotive financial services. (Source: Prepared by MarkLines based on the content of the presentation) Major markets for Chinese OEMs’ overseas expansion  The target markets for Chinese manufacturers expanding overseas with ICE passenger cars are still Eastern Europe, Central Asia, GCC countries, Australia, and Africa. Markets that offer opportunities for NEVs include the EU, ASEAN countries, and South America. The table c...

Market & Tech Reports  Updated at: 2025/08/12

stems are being upgraded. In the past, the European supplier Forvia SE was primarily focused on the European market, but in the two years from 2012 to 2013, the company aggressively expanded its capital investments, establishing a number of manufacturing sites and R&D facilities in the Americas and Asia. In 2024, Europe, the Americas and Asia accounted for 47%, 26% and 27% of Faurecia’s total sales, respectively. Brose of Germany established a ...

Market & Tech Reports  Updated at: 2025/08/06

parts (though there are caveats to this on imports from Canada and Mexico), which are expected to raise vehicle prices in the US. While there is some expectation of easing these tariffs in the medium to long term, the overall tariff environment is set to remain more restrictive than before.-In the Asia-Pacific region, the forecast has been adjusted downward by approximately 300,000 units/year over the next five years, with China being the focal ...

Market & Tech Reports  Updated at: 2025/07/28

ault volumes expanded due to the scaling up of the new Renault 4, 5 and Symbioz. Dacia also saw impressive growth from the brand-new Bigster and the next-gen Duster. Globally, RNM’s decline is expected to continue into H2 with build falling by 1.9% amid continued weakness in North America and the Asia-Pacific markets, despite recoveries elsewhere. This should lead to full-year output of about 6.2 million units in 2025 (-4.0% YoY). StellantisSt...

Market & Tech Reports  Updated at: 2025/07/28

lowering the base price of vehicles. The price war could begin easing, though, as the Chinese government has expressed its concerns over the health of the sector. However, concerns are growing elsewhere as Chinese OEMs could use similar price competition to gain market share internationally. Other Asia In Japan, LV sales increased YoY by 5.8% in June 2025. After the double-digit increase in the first four months of 2025, the rate has been milde...

Market & Tech Reports  Updated at: 2025/07/22

tellantis' routes, entering multiple countries, including Austria, the Czech Republic, India, Brazil, and Chile. As of June 10, 2025, the company has established a network of more than 600 sales offices and service networks in 24 countries and regions, including Europe, the Middle East, Africa, and Asia-Pacific. Local production activities Poland Assembly of the Leapmotor T03 began at the Stellantis Tychy Plant in October 2024. However, accord...

Market & Tech Reports  Updated at: 2025/07/14

wards alternative fuels. In California, for example, 50 % of the diesel fuel used consists of HVO (hydrogenated vegetable oil). In Central and South America, there is an initiative to use national ethanol feedstocks, while Europe has been recognizing H2 ICE as a zero emission vehicle technology. In Asia there is the target that about 35% of their fuels will be FAME (Fatty Acid Methyl Ester) biodiesel within this year, and India's national fuel st...

Market & Tech Reports  Updated at: 2025/07/08

17 17 Adient plc 14,688 15,395 ・Launched a multi-year plan to improve performance and profitability in the EMEA (Europe, Middle East and Africa) region.・ In the fiscal year ending September 2025, the challenging environment in Europe is expected to continue, but performance in the Americas and Asia is expected to remain strong, with Asia being the main driver of growth. 18 20 Yazaki Corporation 14,363 14,203 ・The breakdown of sales by re...

Market & Tech Reports  Updated at: 2025/07/02

Aisin Aisin Corporation (Aisin) has a variety of businesses, including the mobility business represented by e-Axles, the energy solutions business represented by ENE-FARM and shower toilets, and new businesses. The company is expanding globally throughout North, Central and South America, Europe, Asia, and Africa. One of the exhibits is a portable hydrogen electric power generator, which uses Toyota's second-generation fuel cell and applies te...

Market & Tech Reports  Updated at: 2025/06/24

Vienna Motor Symposium 2025 (1) Reaching zero carbon mobility emission Climate-neutral drive systems and their ecological and economic relevance Summary Asia's New Role in Automotive Industry: Regionalization and Technology Innovations (Bosch) Is There More than One Solution in the Drive Toward Net Zero? (HORSE Powertrain) Redefining the Future of Drive Systems (Mercedes-Benz) From the Inventor of Diesel to the Pioneer of Zero Emissions (MAN Truc...

Market & Tech Reports  Updated at: 2025/06/20

on of supply chains and reduced discounting. Analysts expect industry consolidation by 2026 as weaker firms may fail. Profitability concerns are set to continue for now despite state support, though as state support weakens next year, GlobalData forecasts that so too will the vehicle market. Other Asia In Japan, sales increased YoY by 3.8% in May 2025, down from the prior four months of double-digit growth due to the low-base comparison to the ...

Market & Tech Reports  Updated at: 2025/06/19

um and high frequencies while reducing low frequencies that cause muffled noise; improved engine output by reducing flow resistance; and a beautiful appearance. Manufacturing-related: 21 manufacturing sites for exhaust system parts (7 in Japan, 1 in Europe, 6 in the Americas, 3 in China, and 4 in Asia) Japan 7 (Fukuda Plant, Toyohashi Plant, Yawadayama Plant, Komeno Plant, Inabe Plant, Sango Kanto Co., Ltd., Sanfuku Co., Ltd.) Europe 1 (Türki...

Market & Tech Reports  Updated at: 2025/06/19

nd A00-class BEVs. Specifically, the export volumes were 84,068 units for BYD; 25,748 units for Chery; 23,074 units for Tesla China; 13,374 units for SAIC Motor Passenger Vehicle; 7,623 units for Geely; 7,232 units for Spotlight Automotive; 6,932 units for SAIC-GM-Wuling; 4,659 units for Volvo Cars Asia-Pacific; 3,658 units for Leapmotor; 3,605 units for XPeng; 3,208 units for Polestar; 3,135 units for Great Wall Motor; 2,986 units for Changan Au...

Market & Tech Reports  Updated at: 2025/06/10

ture and a new "anchor beam" structure are adopted. These features provide direct braking force and high controllability, achieving both "sharpness" and "mildness" at a high level. Manufacturing related: 14 production sites: 5 in Japan, 9 overseas (2 in the Americas, 1 in Europe, 2 in China, 4 in Asia) Breakdown: Japan 5 (Iwatsuki (disc brakes, drum brakes), Okayama (drum brakes), Yamagata (disc pads), Fukushima (linings), Tatebayashi (caliper...

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