〇 SAIC-GM-Wuling Wuling Xingguang 2024 D 〇 SAIC-GM-Wuling Wuling Bingo 2023 B 〇 Changan Auto Qiyuan A07 2023 D 〇 BYD Yangwang U9 2024 F 〇 BYD Seal  2022 D 〇 BYD Seagull / Dolphin Mini 2023 A 〇 Li Auto Li L6 2024 D 〇 Leapmotor C16 2024 D 〇 Korea Hyundai Kona Electric 2023 C 〇 Japan Honda Acura ZDX 2024 D 〇 Nissan Sakura 2022 A 〇 Toyota bZ3 2023 D 〇 Efforts to improve t...

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

omotive business Exchange rates Trends among automotive parts suppliers   MarkLines Co., Ltd. has compiled a FY2024 ranking of automotive parts suppliers in terms of sales (comparing the sales of each company's automotive businesses in U.S. dollars). The top five companies are Bosch, Denso, Magna, Hyundai Mobis, and ZF, in that order.   The top 5 automotive components suppliers by revenue in FY2024   Related reports: Top 30 global autom...

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

SCR systems, and diesel and gasoline filters. Customers: Bosal supplies catalytic converters for many models. The company supplies more than 150 models including of passenger cars, light trucks, vans and SUVs. Major customers include Audi, BMW, Changan Suzuki, Dacia, Ford, GAZ, GM, GM Korea, Honda, Hyundai, Kia, Jaguar Land Rover, Lada, Mazda, Mercedes-Benz, Mitsubishi Motors, Nissan, Renault, Porsche, SEAT, Skoda, Subaru, and Stellantis (FCA / P...

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

rseas sites (1 in the Americas, 3 in China, 1 in Thailand, 4 in India, 1 in Korea) Japan: Tatebayashi Office (Gunma Prefecture) Nisshinbo Automotive Manufacturing, Inc. (U.S.), 1 production site Saeron Automotive Corporation (Headquarters: Korea), 4 production sites 1 in South Korea, 3 in China (Beijing, Changshu, Yantai) Nisshinbo Somboon Automotive Co., Ltd. (Rayong, Thailand), 1 production site Rane Brake Lining Limited, 4 production site...

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

to jointly develop safety solutions for "flying cars". In June 2024, Autoliv China and China's Hangsheng Group announced that they have entered into a strategic partnership in the field of automotive electronics. In April 2024, Autoliv China and Shenzhen Hangsheng Electronics Co., Ltd. announced in Beijing that they have signed a strategic cooperation framework agreement and a joint R&D agreement on in-vehicle integrated solutions in the field of...

Market & Tech Reports  Updated at: 2025/04/24

Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...

Market & Tech Reports  Updated at: 2025/04/07

ns on exporting commercial vehicles and EVs. Stellantis In October 2023, the company formed a strategic alliance with Leapmotor, investing approximately EUR 1.5 billion to acquire a 20% stake in Leapmotor. Leapmotor International, a joint venture with Leapmotor, will be established in May 2024. Hyundai In January 2024, Beijing Hyundai sold its Chongqing plant. Hyundai's production facilities in China have been reduced to three plants (includi...

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

, Inc., a Wabco subsidiary power steering supplier. In February 2024, HL Mando Corporation established a joint venture with Tianrun Industry Technology Co., Ltd. to manufacture electric steering for commercial vehicles.In April 2024, thyssenkrupp partnered with Chinese brake parts manufacturer BWI (Beijing West Industries International Limited) for electronic-mechanical brake technology.   Foundation brake suppliers   Conversely, with the excep...

Market & Tech Reports  Updated at: 2025/03/21

e RT model. In eighth place was Dongfeng Motor Corporation (Dongfeng) with a year-on-year decrease of 11.3% to 1.930 million units. This is largely due to sluggish sales at foreign joint ventures Dongfeng Motor Co., Ltd. (DFL, Nissan and Dongfeng joint venture) and Dongfeng Honda In ninth place was Beijing Automotive Group Co., Ltd. (BAIC), down 2.6% y/y, with the Arcfoxα, a solutions alliance model with Huawei, performing well. In 10th place, s...

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

2024, Stellantis China signed a strategic cooperation memorandum for 2025 with China Import Automotive Trading Co., Ltd. (a wholly owned subsidiary of China National Automotive Co., Ltd.). It offers imported vehicles, services and lifestyle experiences for Jeep and Alfa Romeo brand customers. Hyundai Research and development of advanced technologies Hyundai Motor Company (Hyundai) held a technology vision presentation for its China Advanced...

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

eating configurations. The moveable center console includes a wireless phone charger, a storage compartment, an optional refrigerator, and space for other mountable accessories. Zeekr Mix Zeekr Mix interior   The Zeekr Mix launched October 2024 in China after being introduced at the 2024 Beijing Motor Show. It is produced in Chunxiao, China, and has a starting price of CNY 279,900.   Zeekr 009 Grand MPV Zeekr 009 Grand   Th...

Market & Tech Reports  Updated at: 2025/01/24

h innovative domain controller technology and sophisticated partnership projects.   Rise of local companies   With the acceleration of technology iteration and localization, the position of local Chinese suppliers in the market is gradually increasing. Local Chinese companies, such as Megatronix (Beijing) Technology Co. Ltd. (Megatronix) and ECARX, have significantly increased their influence in the market by partnering with several vehicle man...

Market & Tech Reports  Updated at: 2024/12/19

arket with digital experiences, in particular by strengthening its autonomous driving and driver assistance systems, introducing next-generation Level 2 autonomous driving, upgrading Level 3 autonomous driving, and conducting field testing of "Level 4 autonomous driving for privately owned cars" in Beijing from August 2024.   The Mercedes-Benz Group's financial performance results were solid in 2023, but in the January to June period of 2024, sa...

Market & Tech Reports  Updated at: 2024/12/06

Activities of major CVT manufacturers and in-house OEMs IV. CVT component suppliers overview V. CVTs and suppliers by vehicle model V. Sales of major CVT suppliers VII. CVT manufacturing sites (suppliers and OEM in-house) JATCO Aisin Akashi-Kikai Industry Punch Powertrain Zhejiang Wanliyang Hyundai Transys   The transmission is a unit component that is used to obtain the desired output from the output shaft of the power source (mainly...

Market & Tech Reports  Updated at: 2024/11/21

er Halla Visteon Climate Control Corp.) Recent activities [Company and Business Overview] Hanon Systems Corporation (Hanon Systems) is a specialist thermal management supplier of air conditioning equipment and cooling systems, headquartered in Daejeon, South Korea. The company's main customers are Hyundai and Kia, but due to its relationship with the former Visteon, Hanon Systems is building a supply system for global customers such as Ford, Chr...

Market & Tech Reports  Updated at: 2024/11/07

tery achieves a single cell cycle life of over 6,000 cycles. Fast charging time is 10 minutes (30%-80%), and a 10-minute charge provides 200km of all-electric driving range. Partnership for smart technology On July 23, 2024, Geely Automobile Group agreed to a strategic partnership with AI company Beijing Kuangshi Technology Co., Ltd. and the Chongqing Liangjiang New Area Administrative Committee. The organizations aim to jointly build an AI-bas...

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

100% in Europe, 30% in Japan, and 30% in India, and battery-lean BEVs/HEVs would be developed. In India, the company plans to develop engines for biogas ICE vehicles and build biogas production plants (Manesar Plant to begin operation in July 2024, with four plants in Gujarat from 2025 onwards).   Hyundai Hyundai Motor Company initially planned to sell 1.87 million EVs per year by 2030, but in June 2023 it announced an acceleration of its EV shi...

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

ditioners, etc. Japan Shimizu Industry Co., Ltd. Kariya (Aichi Pref.) 54 Toyota Dies and plastic parts for car air conditioners and radiators Japan Denso Air Systems Corporation Anjo (Aichi Pref.) 100 Hoses, ducts, and pipes for car air conditioners China DENSO (China) Investment Co., Ltd. Beijing 100 Regional headquarters for China; sale, development & design of automotive components China DENSO (Tianjin) Thermal Products Co., Ltd. ...

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

phi Technologies, and the other businesses going to Aptiv PLC which was newly established. Aptiv’s main business is the development of systems related to advanced safety, autonomous driving, and connected services. Utilizing this technology, in March 2020, a joint venture was established with the Hyundai Group of Korea for the development of autonomous driving. The joint venture, Motional, Inc. received permission to test drive self-driving veh...

Market & Tech Reports  Updated at: 2024/10/03

to 550,000 units.   In Indonesia, production volume declined by 5.1% y/y to 1.4 million units in 2023, and fell further to 560,000 units for the period of January-June 2024, down by 19.4% y/y. VinFast and BYD plan to start operations at their new plants in Indonesia in 2025 and 2026, respectively. Hyundai Motor aims to increase the production capacity to 250,000 units by 2030.   Malaysian vehicle production grew by 10.5% y/y to 770,000 units in...

Market & Tech Reports  Updated at: 2024/10/02