0 companies from 17 countries exhibited. The 2,500 booths displayed solutions in areas such as car electronics, power systems, and smart production, in line with the current trends toward intelligence, electrification, and the shift to a low-carbon society.   This report introduces the exhibits of Hon Hon Hai Technology Group (Foxconn) and Vast Power Corporation (Vast Power).   Related reports:Foxconn EV Strategy Briefing (Apr. 2025)Smart Energ...

Market & Tech Reports  Updated at: 2025/05/19

nt conducted by Foxconn and Foxtron, also working with Sharp EV Strategy: Solidify business through contract manufacturing, design, and vertical integration EV development: From small cars to buses Briefing by Mr. Jun Seki, CSO of Foxconn   The "Foxconn EV Strategy Briefing" hosted by the Hon Hai Technology Group / Foxconn) was held on April 9, 2025 at the Imperial Hotel Tokyo. According to an official announcement, this strategy briefi...

Market & Tech Reports  Updated at: 2025/04/17

oup AG (Mercedes-Benz) provided the basic design for this 9-speed AT, which is used in North American SUVs and pickup trucks. 2023 2024 Figure 2: Distribution of AT steps (Japan) Source: MarkLines research   The situation in the U.S.: In 2024, General Motors Company (GM), the VW Group, Honda Motor Co., Ltd. (Honda), Tesla, Geely (Volvo), and others launched new BEV models, and their share of the market is increasing, but the ratio of...

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

swapping the battery without the need for charging. Battery container for battery-swappable EV conversions Display panel for battery container   Electric cart SCOO   The SCOO electric cart is a "small mobility vehicle" designed according to Japanese standards for electric wheelchairs; the user is treated as a pedestrian, requiring no driver's license, registration, or vehicle inspection.   Product shapes include a foldable "...

Market & Tech Reports  Updated at: 2025/04/08

y 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see December report Click here to see How to search EV/HV/PHV/FCV data   12 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy, Thailand   3 Nordic countries: Norway, Sweden, Finland   These 15 countries account for about 90% of global electric vehicle sales.    (Note 1) Agg...

Market & Tech Reports  Updated at: 2025/02/26

ing due to low stock prices. Expanding activities in the United Arab Emirates (UAE). Deliveries of limited production flagship model to began in 2023. Lordstown Motors (Lordstown Motors Corporation) Full-size pickup trucks The company filed for bankruptcy protection after its partnership with the Hon Hai Technology Group (Foxconn), the buyer of the Lordstown, Ohio plant, fails. The company is considering business restructuring and business cont...

Market & Tech Reports  Updated at: 2024/04/02

ve 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 commercial vehicles to CVTs then stopped selling l...

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

ps (Mar. 2023)Indian Auto Expo 2023 (1): EVs and Passenger Vehicles (Feb. 2023)     India is one of the most attractive destinations for automotive-related investment in the world. The growing market, rising demand, a large pool of skilled labourers, favourable government policies, robust supply chain, growing income, R&D infrastructure, easy availability, and low cost of raw materials, etc. are some of the reasons that drive investment from OE...

Market & Tech Reports  Updated at: 2024/02/05

y is proceeding with development with Hangzhou Qingwei Technology Co., Ltd. (Qingwei Technology), a Geely subsidiary, and will produce the main components by around 2025, followed by the launch of a complete steer-by-wire system.   R&D centers were established in Slovakia as well as in China (Shanghai Anting, and Changsha in Hunan Province) for research and development of products for e-mobility and other applications. 4-in-1 e-Axle(The B...

Market & Tech Reports  Updated at: 2024/01/19

o 48 models by the end of 2024 Jeep brand BEV offensive: Avenger in Europe in 2023, Recon and Wagoneer S in North America in 2024 Expansion of EV production: Additional vehicle production, conversion to dedicated EV plants Building six gigafactories by 2027 Establishing battery raw material supply chain Automated Driving Technology: Participation in German government project, Acquisition of software development company Free2move mobility services...

Market & Tech Reports  Updated at: 2024/01/11

Japan Mobility Show 2023: Electrification Technologies (2) Battery cells and packs, FCVs, hydrogen engines Summary Battery cells and packs (Lexus, BYD, PEVE, Toyota Industries, Sunwoda, JTEKT, GUS/MIH Consortium) Removable portable battery (Honda, Gogoro/MIH Consortium) Components for FCVs (Honda, Toyota Industries, Toyoda Gosei, Bosch) Vehicles equipped with fuel cell modules (Isuzu/UD Trucks, Hino, JR East) Hydrogen engine related (Yamaha, Lexu...

Market & Tech Reports  Updated at: 2023/11/30

output of 150kW, a rated output of 65kW, and a maximum torque of 310Nm.   The Seal e-Axle on display is mounted on the rear of RWD or AWD vehicles. The motor is an embedded magnet synchronous motor with a maximum output of 230kW, a maximum torque of 360Nm, and a maximum speed of 16,000rpm, using a hairpin type (SC winding) with flat wire for the stator winding. ATTO 3- and Dolphin-equipped e-AxleBYD ATTO 3 exhibition model Exhibit of Sea...

Market & Tech Reports  Updated at: 2023/11/17

ASEAN (1): Accelerating shift to EVs, and market entry of Chinese OEMs Thailand introduces subsidies for EVs; SK On and LGES to build battery plants in Indonesia Summary ASEAN countries: EV launch plans (overview) Thailand: Many Chinese manufacturers building EV factories Indonesia: Towards becoming a production hub for EVs and EV batteries Malaysia: Excise and sales tax exemption for locally assembled EVs until 2027 Electrification policies in t...

Market & Tech Reports  Updated at: 2023/08/16

Arun Plus: The First of Thailand, EV Automotive Industry Partnership with Foxconn - EV production is a jigsaw puzzle Summary Arun Plus - EV business entity of the PTT Group Partnership with Foxconn - EV is a disruptive technology Supply Chain - Transformation is key to EV mobility Public EV Charging Stations - PTT taking the lead to transformation 30-30 Policy offers stimulus to EV mobility Horizon Plus EV manufacturing facility at the Roja...

Market & Tech Reports  Updated at: 2023/03/20

EV models to the market from the end of 2021 through 2022.   However, many companies, despite huge upfront investments, have repeatedly postponed their announced plans for market introduction because they have not been able to achieve production due to the recent rise in funding costs and supply chain constraints. Even those firms that barely managed to deliver the initial lots are struggling financially, with growing losses.   Nevertheless, e...

Market & Tech Reports  Updated at: 2023/02/08

Thailand: EV subsidies and tax incentives, Chinese OEMs launching budget EVs 2022 production expected to be 1.75 million due to semiconductor shortage and Ukraine war Summary Chinese OEMs launching reasonable EVs, Toyota releases its first EV-dedicated model bZ4X Thailand’s electrification policy: Booking for EVs and electric motorcycles surges with government’s EV subsidy programs Thai government’s incentives for EV battery production Ener...

Market & Tech Reports  Updated at: 2022/12/12

and partnerships to expand manufacturing sites, commercial vehicles to be electrified Geely Group's sales volume in China (ex-factory) Sales forecast by LMC Automotive: Geely Group’s light vehicle sales will reach 2.9 million units in 2025 Premium intelligent EV brand "Zeekr" (Source: Shanghai Motor Show 2021)   According to an announcement by Geely Automobile Holdings Limited (hereafter, Geely), a major Chinese privately-owned autom...

Market & Tech Reports  Updated at: 2022/10/27

torcycle demand and production volume China: Both production and sales expand to 17.85 million units India: Motorcycle market declines for third consecutive year; electric scooter sales increase Indonesia: Market recovers to over 5 million units; measures to introduce electric motorcycles underway Thailand: Production and sales recover in 2021, aiming to shift to electric motorcycles in the next 10 years Production and sales volume in Vietnam, th...

Market & Tech Reports  Updated at: 2022/08/22

ld its third European battery plant. (Source: Stellantis)   Stellantis reported a significant improvement in both sales and net income for the group in its H1 2022 financial results released at the end of July (+16.8% and +34.1% y/y, respectively). While global shipments declined due to supply chain restrictions, the company attributed the improvement in sales and revenues to a significant improvement in the vehicle mix and actual sales price...

Market & Tech Reports  Updated at: 2022/08/10

ASEAN: Promoting use and production of EVs to achieve carbon neutrality Thailand introducing incentive measures for EVs, Indonesia building battery plants with LG and CATL Summary Electrification policies: Thailand aims for EVs to make up 30% of auto production by 2030 Electrification policies: Indonesia to produce 400,000 EVs in 2025, 600,000 EVs in 2030 Electrification policies: Malaysia aims for EVs to account for 15% of auto sales by 2030 Ele...

Market & Tech Reports  Updated at: 2022/07/07