to by MarkLines) Research trends   Research on technologies, materials, and production processes is being actively conducted to reduce the cost of drive motors and to increase their efficiency and versatility. Particular attention is being paid to cost-effectiveness improvements that lead to price reductions and improvements in energy density that lead to extended range. A major trend going forward will be the use of alternative, more sustai...

Market & Tech Reports  Updated at: 2025/12/09

gy storage system Vehicle related BEV Battery electric vehicle (vehicles clearly confirmed to be battery-powered EVs) xEV Electrified vehicle (vehicles that could not be identified as BEVs because some reports referred to electrified vehicles in general terms) HEV Hybrid electric vehicle ICE Internal combustion engine PHEV Plug-in hybrid electric vehicle PF Platform SDV Software defined vehicle ZEV Zero emission vehicle (No...

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

tion systems (software/digital data/cloud)・In-vehicle semiconductors・In-vehicle OS ・Digital intelligence research and development・Digital intelligence production・Digital intelligence equipment・Digital intelligence supply chain (software/hardware)・Digital intelligence marketing and services・Digital intelligence management・Low-carbon manufacturing (Source: Created by MarkLines based on the content of the presentation)   The ...

Market & Tech Reports  Updated at: 2025/11/27

roduced a new GST structure, effective September 22, 2025. The sub-4-meter segment saw the biggest cut, with GST reduced from 28–31% to 18% across all fuel types.   Standard vehicles, including FHEVs and PHEVs, now stand at 40%, while BEVs remain at 5%. These changes have significantly lowered prices for several ICE models, narrowing the gap with xEVs. Impact of US tariffs   US President Trump announced that the baseline tariff on imports fro...

Market & Tech Reports  Updated at: 2025/11/20

the commercial vehicle sector, Zhejiang Farizon Methanol Technology Co., Ltd., a wholly owned subsidiary of Zhejiang Geely Farizon New Energy Commercial Vehicle Group Co., Ltd., has raised more than USD 200 million in financing. The funds will be used to conduct research and development of methanol-hydrogen technology and to build an ecosystem.   In August, the company announced Flyme Auto 2, an AI smart cockpit operating system, and EVA, an AI ...

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

ch as Jing-Jin Electric Technologies Co., Ltd. (JJE), Jee Technology Co., Ltd. (JEE), and Huawei Technologies Co., Ltd. Overseas (non-Chinese) mega-suppliers:Many of them originally had design and manufacturing sites for auxiliary equipment and electrical components for internal combustion engines (ICE), and Bosch, BorgWarner, Dana, Continental, Mahle, Magna, Schaeffler, Valeo, ZF, and others are also targeting sales expansion. BorgWarner is taki...

Market & Tech Reports  Updated at: 2025/11/04

e 22.8% y/y to 1,861,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains) About this report   Sales of electric vehicles in the 12 major countries and the 3 Nordic countries of Norway, Sweden,...

Market & Tech Reports  Updated at: 2025/10/27

h EV5, and the PV5.   GM Korea produced 494,000 vehicles in Korea in 2024, with more than 80% exported to the United States. Although domestic sales are declining, the impact on the production plan is small. There are concerns about the impact of tariff hikes by the Trump administration, but no noticeable changes have been seen yet. Annual production volume trends in the Korean market (Source: MarkLines, Korean production volume)  ...

Market & Tech Reports  Updated at: 2025/10/23

Automotive World Autumn 2025: Electrification Technologies Electric powertrains, chargers, and hydrogen-related systems Summary Electrification component-related products: HOSO Technology, SGF, Panatronic Japan, Naganuma Shoji (Sinbon) Fast and normal chargers: ABB, Fortune Electric Value, Electway, MSI, Bell Energy Battery, hydrogen, fuel cell-related: Nitto Kogyo, Kanadevia, Nitto Kohki, Niterra, Mitsui E&S Power Systems   The Automotive Worl...

Market & Tech Reports  Updated at: 2025/10/15

barriers, carbon taxes, and reliance on imports of critical materials. The impact of the GST cut on the industry was also highlighted.  There are several factors which can accelerate the industry. It includes rising domestic demand, growing export potential, and opportunities in both conventional ICE parts and emerging EV and connected mobility solutions. The government policies also boost the industry performance. Partnerships with global play...

Market & Tech Reports  Updated at: 2025/10/09

m   In May 2025, Honda announced that it would review its plans for a next-generation fuel cell module plant in Moka City, Tochigi Prefecture. The plant has been aiming to start operations in FY2027 to produce 30,000 next-generation fuel cell modules per year, but in light of changes in the global hydrogen market environment, the production capacity has been revised downward and the start of operations will be postponed for several years. In the...

Market & Tech Reports  Updated at: 2025/09/03

2025 China Auto Forum: SAIC Group and Great Wall Motor Electrification, intelligent technology, and globalization Summary SAIC Group: Implementing technological transformation in electrification and intelligence Great Wall Motor: Strategic choices facing China’s auto exports  Amid the trends toward electrification and intelligentization, the SAIC Group is transforming itself from a traditional manufacturing company to a smart mobility company....

Market & Tech Reports  Updated at: 2025/08/12

the vehicle intelligence field (Huawei) In April 2025, SAIC Maxus Automotive Co., Ltd. (SAIC Maxus), which develops commercial vehicles, announced a strategic partnership agreement with Huawei Qiankun. The two companies have already partnered in areas such as intelligent connectivity and cloud services. In the future, they will deepen and continue their partnership in areas such as smart cockpits and integrated driving support. Batteries, inte...

Market & Tech Reports  Updated at: 2025/08/01

FCEVs and Fuel Cells, Chargers and Charging Technologies From coverage of the JSAE 2025 in Yokohama exhibition Summary FCV and hydrogen-related parts (Toyota Auto Body, Toyoda Gosei, VOSS, MAHLE, Takagi Seiko) Charge and discharge related products (Tsubakimoto Chain, Origin, Nichicon, SPC Electronics, Nissan) Plastic materials (Mitsubishi Chemical, Sumitomo Chemical, Idemitsu Kosan, Victrex, Fujikura Composites) Magnetic materials (Proterial, JL ...

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

conference documents – also for previous symposia - can be ordered here (https://wiener-motorensymposium.at/en/conference-documents).   On the evening of the first day and during break time, participants had the opportunity to visit 50 booths at the accompanying trade exhibition. Suppliers, service and solution providers, research institutes and engineering consultancy companies showcased their latest products, technologies and concepts.   I...

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

e 23.1% y/y to 1,431,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are i...

Market & Tech Reports  Updated at: 2025/06/25

ting for the development of BEV mini-trucks (<660cc) attracted the attention of event participants.   This report introduces the exhibits of Toyota, Honda, Subaru, Mazda, and Suzuki at the Automotive Engineering Exposition 2025 (JSAE 2025 in Yokohama).   Related reports:Toyota Business Fair 2025: Hydrogen, Carbon Neutrality (Jun. 2025)Automotive World 2025: Plastic Components (Feb. 2025) 2025 JSAE Automotive Engineering Exposition: Archives of...

Market & Tech Reports  Updated at: 2025/06/25

Toyota Business Fair 2025: Hydrogen, Carbon Neutrality Lightweighting, plastic materials, recycling, production technology Summary Special Exhibit: FCEV Crown, fuel cell module, hydrogen engine (Toyota) Hydrogen-related components, electrification components (FTS, Kyoho Machine Works) Various technologies contributing to carbon neutrality (Aisin, Kojima Industries) Lightweight technology, component manufacturing technology (Toyoda Iron Works, Toy...

Market & Tech Reports  Updated at: 2025/06/24

he conference documents - also for previous symposia - can be ordered here (https://wiener-motorensymposium.at/en/conference-documents).   On the evening of the first day and during break time, participants had the opportunity to visit 50 booths at the accompanying trade exhibition. Suppliers, service and solution providers, research institutes and engineering consultancy companies showcased their latest products, technologies and concepts.   I...

Market & Tech Reports  Updated at: 2025/06/20

or motor instead of a torque converter Two-shaft gearbox used instead of a planetary stage, 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...

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