y that in October of the same year, it will launch an intelligent heat pump that is twice as efficient as conventional electric heaters and 20% lighter in weight. It is a heat pump that uses radiant panels and green refrigerant, and does not use PFAS (per- and polyfluoroalkyl compounds). In October 2022, Valeo announced that it has signed an agreement with TotalEnergies SE to develop battery cooling technology for EVs using high-performance diele...

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

European Commission's 2021 "Fit for 55" package proposal (12 policies to achieve the 2030 CO2 reduction target of 55% below 1990 levels), a provisional agreement on CO2 emission standards for passenger cars and light commercial vehicles was reached by the Council and European Parliament in October 2022 and formally adopted in March 2023. Its main contents are: Effective ban on ICE vehicle production after 2035; The related incentive payment con...

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

s) because of the small size, low power consumption, light weight, and flexibility. In 2020, the EPS share of the New Energy passenger car steering system market reached 99.91%. Conversely, HPS and EHPS are widely used in commercial vehicles, especially heavy-duty vehicles, due to their power and affordability. In 2020, HPS and EHPS were still the mainstream steering systems for commercial vehicles in China, with EHPS accounting for 40.1%. Howeve...

Market & Tech Reports  Updated at: 2025/11/18

ther) and light distribution can be controlled 10 times more accurately than conventional LED glare-free high beam systems. Additionally, from a safety perspective, road warnings and driving support images can be projected directly into the driver's field of vision. The product is also sold at an affordable price that can be used in a wide range of cars. In 2023, it was installed in the trinocular headlights of the VW Touareg. ZKW Group microZ-LE...

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

ilities in the Americas and Asia. In 2024, Europe, the Americas and Asia accounted for 47%, 26% and 27% of Faurecia’s total sales, respectively. Brose of Germany established a joint venture (JV) with VW to strengthen its OEM supply business, and the joint venture started its activities in January 2022. In the midst of their global expansion, major suppliers, especially in Asia, are establishing partnerships and JVs with leading local suppliers ...

Market & Tech Reports  Updated at: 2025/08/06

hest 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 production to the U.S. Stellantis: Starts production of the electric SUV "Jeep Wagoneer S", Continues investing in Mexico Ford: Increases production for the fourth consecutive year, raising prices of Mexican-made models in the U.S. Nissan: Increased production for the sec...

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

rcedes-Benz EQE SUV 2023 E 〇 Renault 5 / 4 E-TECH Electric 2024 B 〇 Stellantis Peugeot E-3008 / E-5008 2024 C 〇 Stellantis Fiat 600e 2023 B 〇 Stellantis Citroen E-C3 2024 B 〇 Volvo Polestar 4 2023 D 〇 Volvo EX30 2023 B 〇 VW ID.7 2023 D 〇 North America Ford Electric Explorer 2024 C 〇 GM Chevrolet Blazer EV 2023 D 〇 GM Chevrolet Equinox EV 2024 C 〇 Tesla Cybertruck 2023 Pickup truck ...

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

tion is seen as a problem in China, and from July 2023, the next China-6b exhaust gas regulations are enforced throughout the country. The NOx limit is 35mg/km, the strictest in the world. On the other hand, in Europe, there were moves to tighten regulations, but the draft Euro-7 issued in November 2022 avoided tightening regulations on NOx, and the current level of 60mg/km is maintained. However, the regulatory trend has not stopped, and in the ...

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

inue to expand. As for the market size, some predict that it will expand by a factor of 1.7 during the nine years starting from 2021.   In India, all passenger cars produced from July 2019 onward will be required to be equipped with driver-side airbags, and all passenger cars produced from January 2022 onward will be required to be equipped with passenger-side airbags. Other countries and regions around the world, including emerging countries, a...

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

combined with a torque converter The above 1 is an "AT-based" structure, as shown in the green box in Figure 1 below, which is often used for hybrids, but Mercedes-Benz has been using multi-disc clutches in ICE (internal combustion engine) vehicles for many years, and Mazda has been using them from 2022 onwards.   On the other hand, the sub-transmission associated with the lower stage of AWD or CVT (continuously variable transmission), the fina...

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

tem for the parking brake. With an electric parking brake, the hydraulic pressure of the service brake is retained, but the parking brake function is changed from using traditional mechanical cables to electric wires and motor. There are also signs of change in the service brake system. In November 2022, Continental announced that it will mass-produce its second-generation brake-by-wire system starting with the 2025 model year. It is noteworthy t...

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

, and a dedicated R&D team of 3,000 people and more than 3,000 sales and service outlets will be established. The company aims to achieve global sales of 600,000 units (60% NEV, 50% overseas) and become a world-class commercial vehicle brand. (Units) Manufacturer Brand/Series Vehicle type Model 2022 2023 2024 Changan Auto Changan UNI Sedan/Hatchback Eado 173,084 174,818 163,899 Lumin 70,267 144,485 141,246 UNI-V 108,845 156,741 107,301 ...

Market & Tech Reports  Updated at: 2025/03/12

BMW, Scout Motors concepts (Feb. 2025) U.S. Market: Transition towards the new Trump Administration (Dec. 2024) Trump Speech in Detroit (Oct. 2024)GM (1) EV Sales Growth Stalls, Electrification Plans Revised (Oct. 2024)Mexico: Chinese vehicles account for 30% of imports and 20% of sales (Jun. 2024)Ford: HVs for all models by 2030, postponing some EV launch plans (May. 2024)Emerging U.S. EV Makers on the Move (Apr. 2024)Stellantis (2): Launching ...

Market & Tech Reports  Updated at: 2025/02/21

handles the air conditioning business, was the third largest division in terms of sales after Powertrain Systems and Visibility Systems at EUR 4,719 million (FY ended Dec. 31, 2023), and contributed 21.4% of the company's total sales of EUR 22.044 billion. Compared to the fiscal year ended December 2022, company-wide sales grew +10.0% and divisional sales were up +3.9%. Sales of thermal management products for BEVs are increasing due to the progr...

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

an Commission's 2021 "Fit for 55" package proposal (12 policies to achieve the 2030 CO2 reduction target of 55% below 1990 levels), a provisional agreement on CO2 emission standards for passenger cars and light commercial vehicles (vans) was reached by the Council and European Parliament in October 2022 and formally adopted in March 2023. Its main contents are as follows. Effective ban on ICE vehicle production after 2035; The related incentive ...

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

interface control system) as well as the rear camera. Regarding rear cameras, the U.S. Department of Transportation has made it mandatory for all vehicles weighing 4.5 tons or less manufactured after May 2018 to be equipped with rearview cameras.   In Japan, all new vehicles manufactured after May 2022 are required to be so equipped. This led to the standard installation of displays in the cabin.   With the standardization of displays, the navi...

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

s) because of the small size, low power consumption, light weight, and flexibility. In 2020, the EPS share of the New Energy passenger car steering system market reached 99.91%. Conversely, HPS and EHPS are widely used in commercial vehicles, especially heavy-duty vehicles, due to their power and affordability. In 2020, HPS and EHPS were still the mainstream steering systems for commercial vehicles in China, with EHPS accounting for 40.1%. Howeve...

Market & Tech Reports  Updated at: 2024/09/27

to June), down 8.3% from the same period of 2023. The most recent report for the second quarter of 2024 (Q2: April-June) showed a 14.4% y/y decline. This was due to decreased sales in the major markets of China and the United States (see below).   Tesla production by model 2018 2019 2020 2021 2022 2023   2024 January to June Growth rate   Growth rate Model 3, Model Y 152,977 302,276 454,932 906,032 1,298,434 1,775,159 36.7% 798,952 -9...

Market & Tech Reports  Updated at: 2024/08/19

electric rear-wheel steering systems, which are auxiliary systems. In this way, power steering systems have generally become standard equipment but system products are even now continuing to evolve. Reference: Installation status of steer-by-wire in European cars The 2020 Volkswagen ID.3 and the 2022 Mercedes-Benz Mercedes-AMG C 63 S adopted Schaeffler's steer-by-wire, and Schaeffler took the lead in steer-by-wire. In October 2020, ZF announce...

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

ties in the Americas and Asia. In 2023, Europe, the Americas and Asia accounted for 46%, 27% and 27% of Faurecia’s total sales, respectively. Brose of Germany established a joint venture with Volkswagen to strengthen its OEM supply business, and the joint venture started its activities in January 2022. In the midst of their global expansion, major suppliers, especially in Asia, are establishing partnerships and joint ventures with leading local...

Market & Tech Reports  Updated at: 2024/07/04