5, tire maker Hankook Tire & Technology, a subsidiary of the group, acquired shares of Hanon Systems, increasing its stake to 54.77%. In November 2024, Hanon Systems announced it would build a plant for electric compressors for hybrid vehicles (HV) and electric vehicles (EV) in Woodbridge, Ontario, Canada. The plan is to begin operations in the first half of 2025 and produce up to 900,000 units per year. This investment brings Hanon Systems' elec...

Market & Tech Reports  Updated at: 2026/03/30

io increased, as did the HEV version of the VW T-Roc, which was launched in January. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown because data on some ...

Market & Tech Reports  Updated at: 2026/03/27

nge Year to date2026 Year to date2025 PercentChange Feb2026 Year to date2026 Year2025 PercentChange WORLD 6,042,579 6,602,441 -8.5% 12,639,875 13,371,020 -5.5% 86,639,562 83,544,040 91,971,905 -9.2% USA 1,180,494 1,224,758 -3.6% 2,272,246 2,324,905 -2.3% 15,597,607 15,154,717 16,323,170 -7.2% CANADA 118,855 119,369 -0.4% 231,649 235,584 -1.7% 1,953,645 1,984,889 1,867,618 6.3% WESTERN EUROPE 986,232 970,701 1.6% 1,967,898 1,976,749 -0.4% ...

Market & Tech Reports  Updated at: 2026/03/24

s LDW: OnLaneALERT lane departure warning systemECAS: OptiRide electronically controlled air suspension Manufacturing related: In Europe, the company has production facilities in countries including Germany, France, the U.K., Poland, and the Czech Republic, and in the Americas in the U.S., Canada, Mexico, and Brazil. ZF Active Safety and Electronics products include ECU for ABS and ESC, sensors (wheel speed, steering angle), brake valve ...

Market & Tech Reports  Updated at: 2026/03/24

rp drop in new car sales in January and a significant decrease in the share of xEVs. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown because data on some ...

Market & Tech Reports  Updated at: 2026/03/03

, but up by 1.9% YoY. Incentives averaged US$3,335 in January, down by US$288 MoM, but up by 2.0% YoY. Canadian LV sales totaled an estimated 113k units in January, down by 2.9% YoY, although the selling rate accelerated to 2.02 mn units/year, from 1.94 mn units/year in December. Given that much of Canada experienced heavy snowfall in January, this can be considered a good result. In Mexico, sales increased by 11.4% YoY, to almost 140k units. The...

Market & Tech Reports  Updated at: 2026/02/24

odules, and solar module parts for automotive and mobile device applications December (November 24 - December 17, 2025) China Asimco Sealing Technologies (Thailand) Suspension bushing for vehicles Unestablished Automotive pipe and automotive pipe protection Unestablished Car sunshades China/Canada Tengmei Automotive Parts (Thailand) Automotive seat cover sets China/USA Karlang Industrial (Thailand) Engine parts for vehicles Germany/Ch...

Market & Tech Reports  Updated at: 2026/02/17

February 2026, 3 days fewer than in February 2025. Consequently, with very limited effective production and sales time, February sales are expected to reach the annual seasonal low, which may help alleviate inventory pressure at the retail end. Meanwhile, with the positive progress in EU-China and Canada-China EV tariff negotiations, NEV exports have extended from "simply selling vehicles" to "supply chain localization". Overall, future export g...

Market & Tech Reports  Updated at: 2026/02/13

end-January 2026) Note: Includes commercial vehicles, includes estimated figures, China's sales volume (shipped volume) excludes export volume* The following 15 countries account for approximately 90% of global electrified vehicle sales. China, USA, Japan, India, Germany, France, Brazil, UK, Korea, Canada, Italy, Thailand, Norway, Sweden, Finland (Reference report) Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (December 2025)   Electrified...

Market & Tech Reports  Updated at: 2026/02/09

Percent of Exhibitors 2026 2025 2024 2026 2025 2024 USA 1,330 1,370 1,200 32.4% 30.4% 27.9% China* 940 1,356 1,114 22.9% 30.1% 25.9% South Korea 793 768 773 19.3% 17.1% 18.0% Taiwan 150 165 130 3.66% 3.67% 3.02% France 140 166 206 3.41% 3.69% 4.79% Japan 105 96 72 2.56% 2.13% 1.67% Canada 74 83 76 1.80% 1.84% 1.76% Turkey 60 53 64 1.46% 1.18% 1.49% Italy 60 51 50 1.46% 1.13% 1.16% Netherlands 53 69 80 1.29% 1.53% 1.86% Ge...

Market & Tech Reports  Updated at: 2026/01/30

ed to be much-discussed throughout much of this year, it could be argued that the reality of what has transpired bears little resemblance to what was originally feared when the Trump administration’s intentions were first laid out in March. Crucially, USMCA-compliant parts imported to the US from Canada and Mexico are not charged a tariff, while finished vehicles only incur a 25% tariff on the non-US content of the vehicle, if it is USMCA-compl...

Market & Tech Reports  Updated at: 2026/01/30

hare of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordic countries *By clicking the button below the graph, only the relevant data will be shown. Norway Sweden China Finland UK Germany France Thailand Korea US Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved.   Norway took the top spot with 86.4%, down 1.0 points from the p...

Market & Tech Reports  Updated at: 2026/01/26

hange Year to date2025 Year to date2024 PercentChange Dec2025 Year to date2025 Year2024 PercentChange WORLD 8,385,654 8,596,576 -2.5% 91,935,010 88,750,659 3.6% 92,942,909 91,935,010 88,750,659 3.6% USA 1,486,289 1,507,099 -1.4% 16,325,284 15,932,817 2.5% 16,291,767 16,325,284 15,932,817 2.5% CANADA 125,246 139,891 -10.5% 1,867,618 1,810,266 3.2% 1,941,403 1,867,618 1,810,266 3.2% WESTERN EUROPE 1,169,927 1,133,833 3.2% 13,416,422 13,370,...

Market & Tech Reports  Updated at: 2026/01/21

without having all the same features that Tesla buyers could previously expect. Still, this has to be balanced against the fact that other EVs are also suddenly much more expensive, so Tesla’s models are still competitive.   The other headwind Tesla has faced in 2025 is its collapse in sales in Canada. In January-October, its volumes in the country are thought to have fallen by around 74% YoY. The political activity of CEO Elon Musk with the ...

Market & Tech Reports  Updated at: 2026/01/14

hare of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordic countries *By clicking the button below the graph, only the relevant data will be shown. Norway Sweden China Finland UK Germany France Thailand Korea US Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved.   Norway’s share ranked first, up 8.5 points from the previous ...

Market & Tech Reports  Updated at: 2025/12/26

facility Manufacturing site Manufacturing site Manufacturing siteR&D facility Indonesia Manufacturing site Thailand Manufacturing site Manufacturing site Manufacturing site Manufacturing site Americas Brazil Manufacturing site Manufacturing site Manufacturing site Manufacturing site Canada Manufacturing site Mexico Manufacturing site Manufacturing site Manufacturing site Manufacturing site Manufacturing site USA Manufactur...

Market & Tech Reports  Updated at: 2025/12/22

hange Year to date2025 Year to date2024 PercentChange Nov2025 Year to date2025 Year2024 PercentChange WORLD 8,124,947 8,305,829 -2.2% 83,560,075 80,169,647 4.2% 94,773,949 92,563,963 88,770,567 4.3% USA 1,289,376 1,368,589 -5.8% 14,837,106 14,425,718 2.9% 15,795,117 16,281,436 15,932,817 2.2% CANADA 140,118 149,336 -6.2% 1,737,457 1,670,375 4.0% 1,789,732 1,869,570 1,810,266 3.3% WESTERN EUROPE 1,090,903 1,086,048 0.4% 12,248,287 12,236,2...

Market & Tech Reports  Updated at: 2025/12/19

t parts such as seat foam pads, exterior parts such as aero parts, functional parts such as air intake resonators, and various plastic molded parts. The company is actively expanding its global footprint and has established a number of joint ventures. (North America: Inoac Group North America, LLC; Canada: Inoac Interior Systems LP.; China: Ningbo Inoac Huaxiang Automobile Products Co., Ltd.; etc.) Inoac is a major shareholder of DaikyoNishikawa,...

Market & Tech Reports  Updated at: 2025/12/15

sing acceleration power and engine braking effectiveness. Americas markets Automatic transmissions in North America have the same trend as in Japan, with approximately 97% of the market. One key difference with the Japanese manufacturers and markets, the Americas markets, (especially the U.S. and Canada) is that the U.S. has a higher quantity of large vehicles, making torque converter step-type ATs more popular than CVTs. The reason for this is...

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

ing the Model Y, Model 3, Rivian R1T, and Ford F-150 Lightning. Market penetration varies widely by region, exceeding 25% in California. Meanwhile, in some southern states, it remains below 5%. There are approximately 180,000 recharging facilities, mostly concentrated in densely populated areas.   Canada, Mexico, and Brazil are also accelerating policy support and infrastructure construction. Brazil has incorporated electric vehicles into its en...

Market & Tech Reports  Updated at: 2025/12/02