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Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
hinese OEMs in the Thai market Great Wall Motor Great Wall Motor announced on May 20, 2024 that it signed a Memorandum of Understanding (MOU) with EVme Plus Co., Ltd., an EV service provider under the umbrella of Arun Plus Co., Ltd. (Arun Plus) of Thailand, the EV business subsidiary of Thai oil giant PTT PCL (PTT). The companies will launch a virtual platform to develop sales and rentals of Great Wall Motor's EVs. The lineup will include Perf...
Market & Tech Reports Updated at: 2025/05/12
Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
g at sales figures for each brand in 2024, Omoda sold 5,385 units, Jaecoo 1,016, and Jetour 3,148 units. Anhui Jianghuai Automobile Grop Corp., Ltd. (JAC): Selling mainly vehicles produced in Mexico Anhui Jianghuai Automobile (JAC) began production in 2019 with its Mexican production partner Giant Motors Latinoamérica, S.A. de C.V. (Giant Motors), and has since gradually expanded its production and sales scale. In 2024, sales reached 24,8...
Market & Tech Reports Updated at: 2025/04/30
Analysis Report: Airbag (U.S. and European Markets)
ds Autoservice AB, which was established in 1953. It started out as a car and tractor repair business and expanded its business to include the manufacture of products such as seat belts, before changing its name to Autoliv AB in 1968. In 1980, the company was acquired by another Swedish electronics giant, Electrolux AB, and became a subsidiary, but in 1994, Electrolux sold its shares in Autoliv and Autoliv became a publicly traded company. The cu...
Market & Tech Reports Updated at: 2025/04/24
Huawei Smart Car Model Comparison and Sales Status
ound level. In terms of communication, it can be connected to Huawei's Xinghe satellite communication system (Xinghe Communication). The vehicle's satellite communications network can be linked to mobile phones for calls. The cockpit is equipped with features such as an intelligent laser projection giant screen system 2.0 in the rear and on-board floating windows. Aito M7 (Source: Aito's official Weibo) Aito M9 (Source: Aito's official Wei...
Market & Tech Reports Updated at: 2025/04/16
CES - Artificial Intelligence
ommunication between teams. The detailed example shown on their booth was of a cluster display and used the classic image of the horizontal eight. Only DevOps and over-the-air (OTA) updates will enable the SDV to be successfully implemented. How OTA itself can be very efficiently implemented over a giant OEM or company fleet was demonstrated by the US-American company Sibros in a separate room. Once the training of an AI model is complete, i...
Market & Tech Reports Updated at: 2025/03/21
Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65%
ng EV makers, Li Auto Inc.’s sales rose sharply with a year-over-year increase of about 33.1% to 501,000 units. In March, the MPV MEGA, Li Auto’s first EV model, was introduced. NIO and XPeng performed well, with sales increasing 41.3% and 34.2%, respectively, over the previous year. Smartphone giant Xiaomi Technology Co., Ltd. made headlines with the launch of its subsidiary Xiaomi EV Technology Co., Ltd.’s SU7 EV. While some emerging EVs ...
Market & Tech Reports Updated at: 2025/02/19
Global Motorcycle Production and Sales: India, China, and ASEAN Overview
e manufacturer EM Motor Co., Ltd. (EM Motor) unveiled the EM Qarez, an electric scooter for the Gen Z lifestyle. Thanks to the government subsidy of THB 18,000, the price per unit is THB 38,000 (approximately JPY 165,000). In August 2023, Arun Plus Co., Ltd. (Arun Plus), a subsidiary of Thai oil giant PTT PLC, signed a joint venture agreement with Taiwanese electric motorcycle manufacturer KYMCO (Kwang Yang Motor Co., Ltd.) to establish a new ...
Market & Tech Reports Updated at: 2024/09/10
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
c truck, the Compactor, is scheduled to be released at the end of August. Battery production activities CATL to jointly invest with Indonesian state-owned company On December 29, 2023, Indonesia's Coordinating Minister for Maritime Affairs and Investment announced that state-owned resource giant Aneka Tambang (Antam), CBL, a subsidiary of Contemporary Amperex Technology Co., Ltd. (CATL), and Indonesia Battery Corporation (IBC), a consort...
Market & Tech Reports Updated at: 2024/09/04
Chinese Market Q2 2024
reed to a partnership with SAIC-GM for the interconnection of charging networks. Cadillac and Buick brand NEV users can use NIO’s charging stands through the app. Partnership in parts field (Midea) On April 10, 2024, NIO signed a strategic alliance agreement with Midea, a Chinese home appliance giant. The companies will jointly develop products such as air conditioning compressors, electric drives, thermal management integration, and in-vehic...
Market & Tech Reports Updated at: 2024/08/01
Analysis Report: Lithium-Ion Battery (China)
Energy’s automotive 46-series cylindrical cells and adopts tabless technology. It is equipped with the latest π-system and has a high energy density. 2) Energy storage In January 2024, EVE Energy launched Mr. Big, a new generation of energy storage cells in its flagship Mr series, and Mr. Giant energy storage systems. Mass production is expected worldwide in October and November. The energy storage cell Mr. Big has a capacity of 628Ah a...
Market & Tech Reports Updated at: 2024/07/25
Top 30 global automotive parts supplier rankings for FY 2023
outbreak at the end of 2019 and the long-term effects of the global semiconductor shortage came to an end and automobile production recovered, component suppliers also increased their sales. There was no change in the ranking of the top nine companies from the previous year. Diesel engine giants Cummins and Weichai Power have seen significant revenue increases due to a review of their aggregate segments, moving up to 10th and 19th place...
Market & Tech Reports Updated at: 2024/07/04
Analysis Report: Seat (U.S. and European Markets)
liers of seat assemblies for the three major U.S. automakers, including Stellantis. Magna Seating's competitive strengths are its ability to respond to integrated production contracts for non-seat interiors and exteriors, and to benefit from the advanced research and development capabilities of its giant Magna International parent, including materials and processing technologies. Magna International is a leading suppliers that has expanded throug...
Market & Tech Reports Updated at: 2024/07/04
Gigacastings to Modular Structures
dules to suppliers (modular sourcing), allowing for greater flexibility in procurement. The recent increase in the number of Gigacast applications can be attributed to the fact that Tesla has established a certain degree of success with the technology, and the emergence of multiple suppliers of giant die-casting machines. The following sections will describe the current status of Gigacast initiatives by automakers. Cybertruck The ...
Market & Tech Reports Updated at: 2024/06/27
Mexico: Chinese vehicles account for 30% of imports and 20% of sales
.0% pt (Before 2020, Stellantis was known as FCA + PSA) The Frison pickup truck produced and sold in Mexico by Anhui Jianghuai Automobile Co., Ltd. (JAC) (Source: JAC) Among Chinese automakers, Anhui Jianghuai Automobile Co., Ltd. (JAC) announced in 2017 the start of production at Giant Motors Latinoamerica, S.A. de C.V. (Giant Motors), a production and sales company in Mexico. The company currently produces models for a wide ra...
Market & Tech Reports Updated at: 2024/06/14
Auto China 2024: Japanese OEMs
nment and safety into consideration, employing a number of innovative technologies such as all-solid-state batteries and the advanced e-4ORCE electric-drive four-wheel-control system. Hyper Force During the motor show, Nissan also announced a partnership agreement with Chinese Internet giant Baidu in the areas of AI and smart cars. In addition to vehicle exhibits, the event also showcased videos using 3D optical illusions and AI-base...
Market & Tech Reports Updated at: 2024/05/31
Analysis Report: Exhaust System (Japanese, European and U.S. Markets)
Yamaguchi) ● Exhaust system parts Japan Hirotec Oita Plant Bungotakada (Oita) ● Exhaust system parts China Changchun Hirotec Co., Ltd. Changchun (Jilin) ● Hirotech 90 Sumitomo Corporation 10 FAW Exhaust system parts China Nanjing Hirotec Co., Ltd. Nanjing (Jiangsu) ● Hirotech 90 Giant Billion Investment Co., Ltd. 10 Changan Mazda Exhaust system parts Thailand Hirotec Manufacturing (Thailand) Co., Ltd. Rayong Province ● E...
Market & Tech Reports Updated at: 2024/05/30
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (April 2024)
to 1.482 million units, accounting for 7.6% of total vehicle sales volume. At the Auto China 2024 motor show, which was held in Beijing, China, at the end of April, a large number of EV smart cars that utilize AI and other intelligent technologies were exhibited by Chinese companies. Smartphone giant Xiaomi and emerging EV manufacturer XPeng unveiled their new BEV models. Additionally, Toyota announced that it formed a strategic alliance with...
Market & Tech Reports Updated at: 2024/05/24
Auto China 2024: China Emerging EV Automakers
s a 15.6-inch LTPS display capable of displaying entertainment content to the front seat passenger. The BEV version of the Neta L is also scheduled for release at the end of May or in June 2024. Neta L Neta L interior In the area of intelligentization, Hozon Auto and security giant 360 Security Technology Inc. have jointly launched a generative AI, NETA Qian kun quan. It will be first installed in Neta L via OTA in June 202...
Market & Tech Reports Updated at: 2024/05/23
Analysis Report: Airbag (U.S. and European Markets)
ds Autoservice AB, which was established in 1953. It started out as a car and tractor repair business and expanded its business to include the manufacture of products such as seat belts, before changing its name to Autoliv AB in 1968. In 1980, the company was acquired by another Swedish electronics giant, Electrolux AB, and became a subsidiary, but in 1994, Electrolux sold its shares in Autoliv and Autoliv became a publicly traded company. The cu...
Market & Tech Reports Updated at: 2024/04/25
China Emerging EV Automakers: Li Auto, NIO, Leapmotor, XPeng, Hozon Auto
ordan and Lebanon in Q2 2024 and to Egypt in Q3 2024. The G6 and G9 will be launched in the UAE in Q3 2024. In ASEAN, the XPeng brand was launched in Thailand in March 2023. Neo Mobility Asia Co. Ltd., a joint venture between Arun Plus, an electric vehicle business subsidiary owned by Thai oil giant PTT, and MGC-Asia GreenTech Co., Ltd., signed a long-term distributorship agreement in Thailand with XPeng. The company will also partner with P...
Market & Tech Reports Updated at: 2024/04/24