Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

Market & Tech Reports  Updated at: 2025/05/12

: Xforce HEV Mazda: Iconic SP compact electric sports car Honda: e:N1 and City Hatchback DRIVAL Nissan: Serena e-POWER Suzuki: Swift and Carry Isuzu: Dragon Max pickup truck Toyota: Hilux Champ, Lexus RX 450h+ PHEV Ford: Everest Sport Special Edition Hyundai: N Line Series Volvo: XC90 PHEV and EX90 BEV Audi: A5 PHEV BMW: 330e M Sport PHEV Mercedes-Benz: Three new AMG models Luxury brands: Porsche, Maserati, Aston Martin, Rolls-Royce Motorcycle: H...

Market & Tech Reports  Updated at: 2025/05/08

Bangkok International Motor Show 2025 (1) Chinese OEMs BYD, Geely, Chery, Changan, MG, GAC, and others Summary BYD: Shark 6 DMO PHEV pickup truck, Denza D9 flagship electric MPV Geely: Star Wish compact EV, Zeekr SUV and MPV, RIDDARA electric pickup truck Chery: Market entry of Chery brand, Omoda & Jaecoo model lineup Changan: Deepal S05 BEV and REEV variants MG (SAIC): New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: ...

Market & Tech Reports  Updated at: 2025/04/25

Mazda: BEV Transition to Progress in Stages Expanding the CX series of large models; developing NEVs with Changan Automobile Summary Announced Lean Asset Strategy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda t...

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

t the evolution of SDVs brings for the automotive industry NIO: Evolving the cockpit - Leveraging AI and real-time updates in software-defined vehicles   The annual SDV - Software-defined Vehicle 2024 conference, which is organized by the German event provider we.CONECT Global Leaders, was held in Berlin from December 1st to 3rd 2024. It was co-located with the sec.SDV conference, which focused on cybersecurity for SDVs.   The event was attende...

Market & Tech Reports  Updated at: 2025/02/20

Chinese Market Q4 2024 BYD invests CNY 100 billion to focus on intelligent tech, Audi and Honda NEV plants begin operations Summary Trends of Chinese OEMs (Q4 2024) Trends of major non-Chinese manufacturers (Q4 2024) Policies related to China's automotive industry (Q4 2024) BYD’s 10 millionth NEV rolling off the line(Source: BYD)   The China Association of Automobile Manufacturers (CAAM) announced on January 13, 2025, that 2024 vehicl...

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

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

Market & Tech Reports  Updated at: 2025/01/16

Thailand International Motor Expo 2024 (1) Chinese OEMs Chery, Changan, Geely, SAIC, GAC, BYD, and others Summary Chery: Omoda and Jaecoo brand electrified vehicle lineup Changan: Deepal and Avatr e-SUVs and REEV pickup truck Geely EX5 and Zeekr 7X e-SUVs and RIDDARA electric pickup truck SAIC: IM Motors intelligent e-SUV, and Wuling brand compact EVs GAC: Aion V e-SUV and HYPTEC SSR BEV sports car BYD: Denza D9 luxury e-MPV, Sealion 7 e-SUV, SHA...

Market & Tech Reports  Updated at: 2024/12/27

; 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 Passenger car sales: 10.82 million units for January-October 2024, same level as last year Passenger car productio...

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

Paris Motor Show 2024: BEV HMIs Renault, Peugeot, Kia, AITO, BYD, XPeng, etc. Summary HMI trends at the Paris Motor Show 2024 Renault 4 E-Tech Electric and 5 E-Tech Electric Peugeot E-3008 / Citroen e-C3 Dacia Bigster Audi's new-generation HMI Alfa Romeo Junior Cadillac (GM) Optiq Kia EV3 AITO M9 BYD Sealion 7 XPeng G9 GAC Aion HYPTEC HT Hongqi EHS7 Dongfeng Forthing S7 Skyworth Auto Skyworth Y View of the motor show venue Renault ...

Market & Tech Reports  Updated at: 2024/12/04

ic challenge towards carbon neutrality Aurobay: Powering a hybrid future FEV.io: Cooperative ADAS-Functions with V2X Communication fka: LiDAR Technologies AVL List: Steer-by-wire The use of artificial intelligence in automotive applications Live experience - Circus Minimus   The Aachen Colloquium, being organized by the Aachen Kolloquium Fahrzeug- und Motorentechnik GbR, was held in Aachen, Germany from October 7th to 9th, 2024. Aachen Co...

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

ASEAN Vehicle Sales and Production Update (Q3 2024) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - September 2024 Thailand BEV sales by OEM ASEAN News Topics (Q3 2024)   * An updated version of this ASEAN report will be released every quarter.   Related reports:ASEAN (2) Increase in Chinese car production (Oct. 20...

Market & Tech Reports  Updated at: 2024/11/26

Analysis Report: Lithium-Ion Battery (Japan, Europe, North America and Korea) Each company's EV strategy and next-generation battery technology List of Suppliers Introduction Ⅰ. OEM BEV and battery strategy (Overall trends) II. Trends of Major Battery Suppliers III. Simple explanation of LiB technology Japan Panasonic Energy Prime Planet Energy & Solutions (PPES) Toyota Industries Corporation AESC Group Vehicle Energy Japan Blue Energ...

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

sion of the basic system that helps drivers to steer a vehicle more easily and comfortably by augmenting steering effort of the steering wheel. In recent years, steering system architectures are evolving to a high level of functionality with system redundancy (to ensure fail-safe operation) and are becoming one of the critical functional components in the CASE (Connected, Autonomous, Shared, and Electric) era.   This report focuses on four Europ...

Market & Tech Reports  Updated at: 2024/07/19

and reveals three electric commercial vehicles Hexagon Purus and Hino debuts new zero-emission truck brand Tern Rizon expands medium-duty battery electric lineup with e18Mx and e18Lx Lion Electric introduces fully electric Lion8 Tractor Class 8 truck Variety of batteries shown by OPmobility, Freudenberg, Cummins Electric drives and e-axles from Linamar, Dana, Cummins, ZF ACT Expo 2024 entrance sign   The 2024 Advanced Clean Transportati...

Market & Tech Reports  Updated at: 2024/07/05

Vienna Motor Symposium 2024 (2) Powertrain of the future Closing plenary session: AVL, CNH, and VW presentations Summary Strategic Orientation of an Engineering Company in the Global Transformation Process (AVL List) CNH's Alternative Power Solutions The Transformation of the Volkswagen Group Conclusion   The International Vienna Motor Symposium, being organized by the Austrian Society of Automotive Engineers (ÖVK), was held for the 45th time t...

Market & Tech Reports  Updated at: 2024/06/11

Auto China 2024: German OEMs Electrified vehicles from VW, Mercedes-Benz and BMW Summary VW Group: World premiere of the ID.CODE, a concept model showcasing VW's future vision in China Mercedes-Benz: EQG production model, R&D center opened in Shanghai BMW Group: MINI Aceman unveiled for the first time in the world, Neue Klasse to be produced in China in 2026 MINI Booth   The 18th Beijing International Automotive Exhibition (Auto China 2...

Market & Tech Reports  Updated at: 2024/06/03

Analysis Report: Thermal Management of BEV Batteries (European, American and Chinese Markets) Spread of liquid-cooling methods through the use of functional component manufacturers List of Suppliers Introduction I. Overview and trends of thermal management methods II. Thermal management major functional parts sourcing map III. Overview and trends of major component suppliers Ⅳ. Installation status major functional parts installed by model...

Market & Tech Reports  Updated at: 2024/05/16

volumes in China showed a 10.6% year-over-year (y/y) increase to 6.72 million units in the first quarter (January-March) of 2024. Of this total, passenger car sales grew 10.7% y/y to 5.687 million units. Commercial vehicle sales increased 10.1% y/y to 1.033 million units. New Energy Vehicles (NEVs: BEVs, PHEVs, FCVs) grew 31.8% y/y to 2.09 million units, giving NEVs a 31.1% share of the motor vehicle market in China.   This report presents signi...

Market & Tech Reports  Updated at: 2024/05/07

yundai to increase production capacity, Citroen, BYD, Neta to start local manufacturing 2023 sales in Indonesia decline 4% to 1.01 million, CBU exports grow 7% to 510k Domestic market: Japanese OEMs launching several HV/PHV models Production Forecast by GlobalData: Indonesian production expected to be 1.57 million units in 2027   The Indonesian government is aiming to achieve carbon neutrality by 2060. To this end, the government has emphasized ...

Market & Tech Reports  Updated at: 2024/04/12