Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

Analysis Report: Brake (Japanese Market) AEBS / Compliance with enhanced regulations such as preventing pedal misapplication List of brake suppliers I. Introduction II. Recent trends in brake technology III. Overview of major brake suppliers and their products IV. Overview of global facilities of brake suppliers V. Sales comparison of major brake component suppliers VI. Major brake component suppliers, their customers, and equipped Japanese produ...

Market & Tech Reports  Updated at: 2025/05/29

and all other powertrains)   This report presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are included) and analyzes sales trends of electric vehicles (BEV: battery electric vehicles / PHV: plug-in hybrid vehicles / FCV: fuel cell vehicles) in the global market in 15 countries, including 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Not...

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

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

Market & Tech Reports  Updated at: 2025/05/15

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

Market & Tech Reports  Updated at: 2025/05/12

Global Top 10 Countries Sales Forecast (Q1 2025) Global sales to increase 3.0% to 91.5M in 2025, 1.3% to 92.7M in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q1 2025, global light vehicle sales are forecast to increase by 3.0% YoY to 91.5 mn.-This update does not take account of the US tariffs that are being brought in as the Trump ad...

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

and all other powertrains)   This report presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are included) and analyzes sales trends of electric vehicles (BEV: battery electric vehicles / PHV: plug-in hybrid vehicles / FCV: fuel cell vehicles) in the global market in 15 countries, including 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Not...

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

Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...

Market & Tech Reports  Updated at: 2025/04/07

Mazda: BEV Transition to Progress in Stages Expanding the CX series of large models; developing NEVs with Changan Automobile Summary Announced Lean Asset Strategy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda t...

Market & Tech Reports  Updated at: 2025/04/01

on units and exports of 1 million units in 2025 Electrification: Installation of solid-state batteries in 2030, deepening partnership with CATL Intelligent: Achieving L3 autonomous driving capability by 2026, deepening partnership with Huawei Changan Auto Group’s sales volume in China (ex-works) GlobalData Sales Forecast: Changan Auto Group’s light vehicle sales in 2028 will be 1.85 million units   According to MarkLines data, Chongqing Cha...

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

billion, jumping to second in passenger car sales in China Core Technology: Shift from electrification to intelligent vehicles; accelerating AI Overseas Trends: No. 1 in passenger car exports for 22 consecutive years, building a plant in Spain Chery Group's sales volume in China (factory shipments) GlobalData Sales Forecast: Chery Group to Sell 2.45 Million Light Vehicles in 2028 Chery Group's representative NEV models(Source: Chery officia...

Market & Tech Reports  Updated at: 2025/03/07

expansion slows GM maintains top position among OEM groups OEMs announce revisions to electrification and investment plans Actively exploring new partnership strategies EV supply chain is being built and restructured New Trump Administration signals major policy shift on tariffs and energy policies GlobalData Production Forecast: Light vehicle production in the US will be 10.8 million U.S. sales share of electric vehicles   U.S. auto s...

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

capabilities for electrification and smart vehicles Manufacturing sites: Expanded to Southeast Asia, Europe, South America, and other regions Overseas trends: Overseas passenger car sales reach 417,000 units in 2024 Business situation: Sales have increased significantly, and the number of employees globally exceeds 1 million BYD’s sales volumes in China (factory shipments) GlobalData Sales Forecast: BYD’s light vehicle sales in 2027 will be 5...

Market & Tech Reports  Updated at: 2025/02/18

China Automotive Semiconductor Development Trends From FAW Group, Dongfeng Motor, and Chery presentations Summary FAW Group : Current Status and Development Needs of the Automotive Semiconductor Industry Dongfeng Motor Corporation: Development Trends of E-Drive Systems and Power Semiconductors Chery : Semiconductor Ecosystem Development Trends for Intelligent Cars World Automotive Chip Innovation Conference(Source: WACIC)   The 2024 Wor...

Market & Tech Reports  Updated at: 2025/02/18

VW Group: Partnership with Rivian and XPeng for SDV Development Production capacity cut by 734,000 units and 35,000 jobs cut in Germany Summary BEV architecture mid-term strategy E/E architecture and software; Partnership with Rivian and X Peng Chinese business: Intelligent Connected Vehicles (ICV) Restructuring of plants in Germany: Production capacity reduction of 734,000 units, employment reduction of 35,000 employees Jan-Sep 2024 results: Pre...

Market & Tech Reports  Updated at: 2025/02/10

Global Top 10 Countries Sales Forecast (Q4 2024) Global sales to increase 2.0% to 88.6M in 2024, 2.5% to 90.8M in 2025 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q4 2024, global light vehicle sales are forecast to increase by 2.0% YoY to 88.6 mn.-The outlook for the global LV market remains that of an upward trajectory over the next few y...

Market & Tech Reports  Updated at: 2025/01/31

and all other powertrains)   This report presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are included) and analyzes sales trends of electric vehicles (BEV: battery electric vehicles / PHV: plug-in hybrid vehicles / FCV: fuel cell vehicles) in the global market in 15 countries, including 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Not...

Market & Tech Reports  Updated at: 2024/12/27

on imports of Chinese EVs National governments implementing various EV incentives; OEMs launching affordable EVs Zero-emission vehicles (EV, FCV) launched/to be launched in Europe in 2024-2025 Passenger car sales: 10.82 million units for January-October 2024, same level as last year Passenger car production: 1.3% decline to 11.6 million units for January-October 2024 Sales Forecast by GlobalData: Western European sales to reach 14.54 million un...

Market & Tech Reports  Updated at: 2024/12/25

Indian passenger car market: growth trends and outlook OEMs sales analysis, EV sales trends, and government initiatives Summary Passenger cars segment performance in 2023-2024 OEM analysis of passenger car market CNG vehicles and their adaptability Electric vehicle sales in India Luxury vehicles sales market in India Government stimuli for the automotive industry and e-mobility 2024 and medium-term trends in the passenger car market Performance o...

Market & Tech Reports  Updated at: 2024/12/23

GlobalData Global Light Vehicle Sales Update (November 2024) Summary Commentary The Global Light Vehicle (LV) selling rate for November stood at 95 mn units/year, a small improvement on the previous month, and the best result so far in 2024. Market volumes continued to grow in November as YoY sales were up 6% compared to November 2023. YTD sales stood at 80 mn units. In November, sales saw sustained growth in key markets like the US and China. ...

Market & Tech Reports  Updated at: 2024/12/17