ter in response to sudden loads and its ability to absorb power fluctuations (as detailed in the subsequent section "Overall Trends [Technology Trends] 1. New Technologies"). In addition, some hybrid systems include an automatic transmission (AT). Figure 1 below compares the main hybrid systems; however, in this report, the system on the far left is classified as an automatic transmission (AT) for the purposes of sales volume calculations and ana...

Market & Tech Reports  Updated at: 2026/04/17

Tesla: Struggling with Slowing U.S. BEV Demand and Intensifying Competition in China GlobalData sales forecast: Gradual decline from 1.6 million units; promotion of Robotaxi business Summary GlobalData Sales Forecast: Tesla sales will decline, but recover around 2030 with the launch of a low-cost model Sales trends: Model Y and Model 3 account for over 95% of total sales Production trends: Production ramp-up slows down from 2024 U.S.: BEV sales s...

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

Analysis Report: Lithium-Ion Battery (Japanese, European, U.S. and Korean Markets) Each company's EV strategy and next-generation battery technology List of Suppliers Introduction I. OEM BEV and battery strategies (Overall trends) II. Trends of Major Battery Suppliers III. Simple explanation of LiB technology Japan Panasonic Energy Co., Ltd. Prime Planet Energy & Solutions, Inc. (PPES) Toyota Battery Co., Ltd. Toyota Industries Corporation AESC ...

Market & Tech Reports  Updated at: 2025/12/01

Honda: HEVs thriving in North America and Japan GlobalData 5-Year Forecast: Honda struggling in China with BEV Summary GlobalData Sales Forecast: Honda to sell around 3.5 million units through 2030 China: Sales and production down sharply; expansion of BEVs an issue U.S.: Annual sales exceed 300,000 units with three HEV models Japan: HEV proportion expands, introduction of BEV mini vehicles   According to GlobalData's latest volume forecast, Hon...

Market & Tech Reports  Updated at: 2025/09/26

Mexico (2) Production and exports affected by U.S. tariff concerns Production and exports reach record highs in 2024, stalling in H1 2025 Summary Mexican auto industry outlook: Impact of Trump tariffs becoming apparent Production and exports: 2024 volumes were the highest ever, but export volumes are on the decline following the inauguration of the Trump administration GM: Producing three EV models, considering transferring some pickup truck prod...

Market & Tech Reports  Updated at: 2025/07/11

Analysis Report: Thermal Management of BEV Batteries (Europe, U.S. and China Markets) Searching for battery cooling methods to reduce costs 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 of major functional parts by model Valeo Mahle Behr Hanon Systems Modine Manufacturing...

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

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (April 2025) Electric vehicle sales in April increase 31.6% y/y to 1,341,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report ...

Market & Tech Reports  Updated at: 2025/05/26

automotive parts based on Section 232 of the 1962 Trade Expansion Act. The additional tariff came into effect on April 3.   If the rules of origin of the USMCA (United States-Mexico-Canada Agreement) are met, the additional 25% tariff on automobiles and automobile parts under Section 232 will be levied on products other than those with U.S. value added.   Regarding IEEPA (International Emergency Economic Powers Act)'s reciprocal tariffs, which...

Market & Tech Reports  Updated at: 2025/05/02

Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

Market & Tech Reports  Updated at: 2025/04/30

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (March 2025) Electric vehicle sales in March increase 33.4% y/y to 1,490,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report ...

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

ilable in a few remaining models, including Suzuki and Mitsubishi Motors Corporation (Mitsubishi) mini vehicles (trucks and cross-country vehicles) that are used on rough terrain, the lowest grade of Mitsubishi mini vans, and outdated Nissan Motor Co., Ltd. (Nissan) commercial vehicles with 4WD. However, in terms of volume, as shown in Figure 2 below, 28% of ATs are 4-speed, indicating how many Suzuki and OEM-supplied vehicles are sold.   The 8-...

Market & Tech Reports  Updated at: 2025/04/15

GM (2) Global Sales Down, but Earnings Remain Strong In China, local brand vehicles approaching 70% of sales as EV expansion continues Summary Global sales Sales in the U.S. Sales in China Brazil: Electrification and investment plans Global Performance GlobalData Sales Forecast: GM’s sales in 2027 will be 4.62 million units, below the 2023 level GM Group sales volume (Jan - Jun 2024), proportion by countryRefer to: MarkLines  Vehicle sa...

Market & Tech Reports  Updated at: 2024/11/27

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 Energy GS ...

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

GM (1) EV Sales Growth Stalls, Electrification Plans Revised BEV product launches in North America and related investments Summary EV products for the US market: Expanding the lineup in high volume segments Chevrolet: Full-scale launch of EVs in major segments from 2024 Cadillac: Leading GM's EV sales, five models available by 2025 Buick: Major setbacks to EV introduction plans GMC: Expands EV lineup of full-size pickups following Hummer BrightDr...

Market & Tech Reports  Updated at: 2024/10/08

Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup Hyundai and Kia to build EV plants in Korea, battery joint venture plants with LGES/SK On in the US Summary Korean government: Aiming to have 4.2 million EVs on the road by 2030, continuing EV subsidies in 2024 Korean vehicle production capacity is 4.48 million units, Hyundai and Kia building EV dedicated plants Hyundai Motor Group’s electrification strategy Hyundai Mo...

Market & Tech Reports  Updated at: 2024/07/25

exico up 2.8 times y/y Tesla: Receives approval from Mexican authorities to build factory in Mexico, but concerns remain over delays in start of operations Renault-Nissan Group: Production up 58%, supported by increased sales in the U.S.; domestic (Mexico) sales also strong GM: Starts production of EVs; imports from China soar to 65% of domestic sales VW: Production volume increased for the third consecutive year, preparing for EV production Stel...

Market & Tech Reports  Updated at: 2024/06/14

SAIC: 3.5M NEV Sales by 2025, Launching 14 New Smart EV Models Overseas Promoting AI strategy with its IM Motors subsidiary, installing semi-solid-state batteries by 2024 Summary Electrification: Selling 3.5 million NEVs in 2025; semi-solid-state batteries to be installed in 2024 Intelligent technologies: Accelerate implementation of automated driving commercialization, promote IM Motors’ AI for Mobility strategy Internationalization: Targeting...

Market & Tech Reports  Updated at: 2024/03/25

markets.   Japan: Many Japanese automakers have been adopting CVTs (continuously variable transmissions) as a way to improve fuel efficiency, so the use of automatic transmissions is on the decline. Light vehicles equipped with ATs account for about 15% of all vehicles sold, with CVTs, including HEVs (Hybrid Electric Vehicles), and Nissan and Honda HEVs, which do not have gear boxes, being the majority. Daihatsu changed from ATs in its mini com...

Market & Tech Reports  Updated at: 2024/03/21

essors. Electric vehicles must be able to operate their air conditioners without relying on an internal combustion engine, which has created the need that the compressor, the "key" component of air conditioning systems, be electrically driven rather than engine-driven.   Secondly, as for heating, BEVs (battery electric vehicles) and PHEVs (plug-in hybrids) use PTC heaters and heat pump systems, as the heating function using engine coolant circul...

Market & Tech Reports  Updated at: 2023/11/22

Venue (Tokyo Big Sight)   Just as the Frankfurt Motor Show, a historic European motor show, was changed to IAA Mobility, the Tokyo Motor Show was changed to the Japan Mobility Show and held at Tokyo Big Sight (October 25 - November 5, 2023). Since it was the first time in four years that the event was held, automobile companies exhibited many concept cars and planned production models. Also, befitting the name Mobility Show, it was a spect...

Market & Tech Reports  Updated at: 2023/11/20