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Mitsubishi Motors: Strengthening HEVs in Thailand, Foxconn supplying BEVs
in September, with sales to begin by the end of 2025. Production is planned at the Renault ElectriCity, Douai Plant in France. Following production launch of the ICE model in 2017, the production of the Eclipse Cross PHEV model began at the end of 2020. In addition to sales in Japan, the product is exported to Germany, France, the Netherlands, and other European countries, and Germany has overtaken Japan as the top market for sales by country in ...
Market & Tech Reports Updated at: 2025/07/30
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (June 2025)
otive market remained strong in the first half of 2025. The vehicle replacement support policy continues, providing strong support for the growth of the Chinese domestic market. New Energy Vehicles (NEVs) continue to show rapid growth and are driving continued industry transformation and upgrading. Export volume also continues to increase, with exports of NEVs growing particularly rapidly. According to GlobalData, Chinese automakers continue t...
Market & Tech Reports Updated at: 2025/07/28
Global Top 10 OEMs Production Forecast (Q2 2025)
t the tariff impact is most focused in North America, which accounts for over half of our 1.5mn unit cut to the latest global light vehicle production forecast for 2025. Elsewhere, exposure to the US market, combined with the adverse economic impact from the ‘tariff shock’, ensures that the key export hubs of Japan, Korea and Europe account for the bulk of the remaining full-year LV production forecast downgrade. In contrast, China's LV produ...
Market & Tech Reports Updated at: 2025/07/28
Mexico (2) Production and exports affected by U.S. tariff concerns
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
China Passenger Car Association (CPCA) report - July 2025
ion (28,802 units), Xiaomi EV (25,459 units), NIO (24,925 units), GAC Aion (19,886 units), FAW Bestune (16,771 units), SAIC Motor Passenger Vehicle (16,202 units), and FAW Hongqi (14,756 units). In June, New Energy passenger car retail sales volumes totaled 1.111 million units, up 29.7% y/y. As for exports, 198,000 New Energy passenger cars were exported in June, up 116.6% y/y, among which 63% were BEVs and 49% were A0- and A00-class BEVs. Specif...
Market & Tech Reports Updated at: 2025/07/10
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (May 2025)
ric vehicle sales. (Note 1) Aggregated on June 20, 2025 Some corrections have been made to past vehicle data. Some data includes estimates. The sales volume (shipment volume) for China are aggregate figures excluding exports. (Note 2) Reasons for high electrification rates in Nordic countries 1. The population’s environmental awareness...
Market & Tech Reports Updated at: 2025/06/25
Indonesia: BYD, GAC Aion and VinFast set up EV plants
% year-over-year (y/y) to 1.197 million units and sales fell by 13.9% y/y to 866,000 units. GAIKINDO has set the 2025 sales target at 900,000 units, up 4% from the previous year. GAC Aion’s Aion V(launched in November 2024, compact electric SUV) Indonesia's vehicle production, sales and exports(Source: Created by MarkLines based on GAIKINDO's data) Related reports:ASEAN Vehicle Sales and Production Update (Q1 2025) (May. 2025)In...
Market & Tech Reports Updated at: 2025/06/13
China Passenger Car Association (CPCA) report - June 2025
units), Dongfeng Motor Corporation (27,552 units), NIO (23,231 units), AIC Motor Passenger Vehicle (20,887 units), GAC Aion (18,280 units), FAW Bestune (17,251 units), and Arcfox (13,507 units). In May, New Energy passenger car retail sales volumes totaled 1.021 million units, up 28.2% y/y. As for exports, 200,000 New Energy passenger cars were exported in May, up 80.9% y/y, among which 66% were BEVs and 39% were A0- and A00-class BEVs. Specific...
Market & Tech Reports Updated at: 2025/06/10
Auto Shanghai 2025: SAIC
ling Xingguan." Related reports:Auto Shanghai 2025: Geely, Chery (May 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025) According to SAIC, exports in 2024 were more than the cumulative total of 5.5 million units, making the company the top Chinese automaker in terms of export volume for ...
Market & Tech Reports Updated at: 2025/06/03
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (April 2025)
tric vehicle sales. (Note 1) Aggregated on May 21, 2025 Some corrections have been made to past vehicle data. Some data includes estimates. The sales volume (shipment volume) for China are aggregate figures excluding exports. (Note 2) Reasons for high electrification rates in Nordic countries 1. The population’s environmental awareness...
Market & Tech Reports Updated at: 2025/05/26
GlobalData Global Light Vehicle Sales Update (April 2025)
2025 boosting the automarket’s domestic demand, mostly for new energy vehicles (NEVs), while also helping reducingpurchase restrictions. The US-Chinese trade negotiations reached a temporary conclusion as tariff rates were mutuallydropped until August 10th, offering some relief to China’s huge export market. Demand for Chinesetrade has been dropping amidst the uncertainty. Other Asia In Japan, LV sales increased YoY by a double-digit perce...
Market & Tech Reports Updated at: 2025/05/21
Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030
s. In India, Suzuki's largest market, the company plans to launch four BEV models by fiscal 2030, as well as hybrid vehicles, CNG vehicles, and internal combustion engine vehicles that run on biogas and ethanol blended fuels. To meet growing domestic demand while also playing a role as a global export hub, the company will expand the production capacities of its Kharkhoda Plant and new Gujarat Plant, aiming for an annual production capacity o...
Market & Tech Reports Updated at: 2025/05/15
China Passenger Car Association (CPCA) report - May 2025
,585 units), Seres (27,048 units), NIO (23,900 units), Dongfeng Motor Corporation (23,815 units), GAC Aion (23,408 units), SAIC Motor Passenger Vehicle (11,325 units), and FAW Bestune (10,239 units). In April, New Energy passenger car retail sales volumes totaled 905,000 units, up 33.9% y/y. As for exports, 189,000 New Energy passenger cars were exported in April, up 44.2% y/y, among which 65% were BEVs and 33% were A0- and A00-class BEVs. Specif...
Market & Tech Reports Updated at: 2025/05/14
Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
Sunwoda) of China is expected to start up a new plant. According to a forecast released by the Federation of Thai Industries (FTI) in January 2025, vehicle production in 2025 is expected to increase by 2.1% year-over-year (y/y) to 1.5 million units. The breakdown is as follows: 1 million units for export (down 1.9% y/y) and 500,000 units for domestic sales (down 21.2% y/y). Production for export is also expected to be affected by the tariff incr...
Market & Tech Reports Updated at: 2025/05/12
Auto Shanghai 2025: Japanese OEMs
are added, as well as an electromechanical rear differential lock. The vehicle also comes with amenities such as a panoramic roof as standard, a 10-inch LCD instrument panel, and a 14.6-inch infotainment screen. Production and sales are planned in China by the end of 2025. The company also plans to export the model in the future. Frontier Pro Interior of Frontier Pro Frontier Pro Platform The N7 BEV sedan was showcased and ...
Market & Tech Reports Updated at: 2025/05/07
Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
an increase of 9.8% over the previous year. Sales increases have been recorded for the last four consecutive years, but from the year before which showed a significant 24.6% increase, the pace of growth is slowing down. Automotive OEMs operating in Mexico mainly produce SUVs and luxury cars for export to the United States, while smaller, cheaper imported vehicles are the main focus for sales in Mexico. The number of vehicles imported in 2024 ...
Market & Tech Reports Updated at: 2025/04/30
Global Top 10 OEMs Production Forecast (Q1 2025)
Japanese OEMs are struggling with sales in China and production volumes are also falling. European and North American OEMs have significantly reduced production in the European region, reflecting sluggish demand. Meanwhile, Chinese manufacturers are expected to increase in production due to higher export volumes and newly announced innovative technologies. Toyota GroupHaving dropped in 2024, the group’s global output is anticipated to subsequ...
Market & Tech Reports Updated at: 2025/04/30
Bangkok International Motor Show 2025 (1) Chinese OEMs
engine Deepal's Super Integrated E Drive Deepal E07 Deepal S07 Changan's flying car AVATR 11 SAIC Motor-CP and MG Sales Thailand officially launched the new MG S5 EV on March 25, priced from THB 719,900 (Special Price). This locally manufactured (CKD) model is also set for export in the future. It features Dynamic RWD technology with a 245 hp electric motor, delivering 350 Nm of torque and accelerating from 0 to 100 km/h...
Market & Tech Reports Updated at: 2025/04/25
Analysis Report: Airbag (U.S. and European Markets)
hions to ZF. In February 2019, Rane TRW Steering Systems (RTSS) announced the opening of an occupant protection products plant in Tiruchirappalli, Tamil Nadu, India. In response to market demand, the new facility will supply airbag cushions and cushioning base fabrics for the parent company and for export. The initial annual production capacity of the new facility with an investment of INR 400 million is 500,000 airbag modules and 1 million seatb...
Market & Tech Reports Updated at: 2025/04/24
Commercial Vehicle Level 4 Automated Driving - Current Status and Prospects
thin the building → moving to outside are carried out entirely by unmanned vehicles. (Source: Macnica presentation materials) Company profile Macnica's revenue (JPY 1,028.7 billion - FY 2023) is 12% from its network business as a solution provider, while the remaining 88% is from import, export, sales, and processing of integrated circuits, electronic devices, and others. This includes the import and sale of micro EV buses from Navya S...
Market & Tech Reports Updated at: 2025/04/18