y, resulting in the increase in China alone contributing to the overall increase. *11 major countries: China, USA, Japan, India, Germany, France, Brazil, UK, South Korea, Canada, Italy Comparison of BEV sales actuals in 14 countries in 2023 vs. 2024 Country 2024 2023 Difference Japan 40,230 68,459 -28,229 58.8% Korea 143,436 138,947 4,489 103.2% India 92,056 104,393 -12,337 88.2% China 7,095,774 6,179,057 916,717 114.8% Finland 21,738...

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

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

HMI Trends: Larger Screens, Simplification, Maximum Convenience HMI equipment seen at recent motor shows Summary HMI Trends: Larger Screens, Simplification, Maximum Convenience Center display and steering wheel switches Passenger seat display Digital meter Shifter Air Conditioning Switches - Touch Panel HYUNDAI IONIQ 9   This report summarizes the latest trends in HMI (Human-Machine Interface) technology based on the results of surveys ...

Market & Tech Reports  Updated at: 2025/05/21

ICA Summit 2025 (1) Innovative, Connected, Autonomous Consumer Trust, Connected Mobility Service, Migration from ADAS to AD Summary Building Consumer Trust in Autonomy (DLR, Tactile Mobility, DeepRoute.ai, Mercedes-Benz) Cost-Effective Scalability (Continental) Unlocking the Potential of In-Car Applications by SDV and superior UX (Hyundai Connected Mobility) The challenge of migrating from ADAS to ADS (BrightDrive) Rethinking the Role of Lidar (S...

Market & Tech Reports  Updated at: 2025/05/16

Bangkok International Motor Show 2025 (2) Japanese & European OEMs Mitsubishi, Mazda, Honda, Nissan, Suzuki, Isuzu, and others Summary Mitsubishi: Xforce HEV Mazda: Iconic SP compact electric sports car Honda: e:N1 and City Hatchback DRIVAL Nissan: Serena e-POWER Suzuki: Swift and Carry Isuzu: Dragon Max pickup truck Toyota: Hilux Champ, Lexus RX 450h+ PHEV Ford: Everest Sport Special Edition Hyundai: N Line Series Volvo: XC90 PHEV and EX90 BEV ...

Market & Tech Reports  Updated at: 2025/05/08

WCX 2025: AI, Chinese OEMs, and Future Powertrain Automotive insights into a rapidly evolving environment Summary AI development and impacts to the automotive industry (NVIDIA, Bosch, Georgia Institute of Technology, Hyundai) Western perspective on the Chinese automotive industry (Intel) Insights on future powertrain viability and acceptance (analysts / GM, Stellantis, Toyota, Ford, Nissan) WCX sign in Huntington Place convention center ...

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

gy, 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 SDV Hydrogen strategy: Carbon neutrality by 2045 GlobalData Sales Forecast: Hyundai Group’s light vehicle sales...

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

Indonesia International Motor Show 2025 (IIMS 2025) Chinese OEMs, Japanese OEMS, Hyundai, VinFast exhibits; charging network Summary Wuling: Top in local EV sales with launch of Air EV and Cloud EV BYD: Promoting the Sealion 7, local plant to start production in January 2026 GAC Aion: Aion V debut Chery: Unveiling Tiggo, Jaecoo, Omoda, and Jetour electric vehicles Geely: Re-entering the Indonesian market with CKD production of the EX5 Honri: Maki...

Market & Tech Reports  Updated at: 2025/03/31

CES 2025 Overview and Perspectives Autonomous Vehicles, Robotaxis, Radar and Lidar Introduction CES Overview AV overview Robotaxis Other AVs Radar and lidar Auto OEMs Summary Perspectives About This Report   This report was written by VSI AV Insight for MarkLines' portal users. VSI AV Insight provides industry with deep insight and analysis on the enabling technologies used for active safety and automated driving.   Introduction   CES 2025 co...

Market & Tech Reports  Updated at: 2025/02/19

Bharat Mobility Global Expo 2025: BEVs in India Maruti Suzuki, Hyundai, Tata, and other OEMs focus on new technologies Summary Prime Minister Inaugurates Bharat Mobility Event: Highlights on India's Auto Sector Growth New Vehicle launches in Auto Expo Motor Show 2025 Maruti Suzuki India Limited (MSIL): e VITARA, and electric ecosystem "e For Me" Hyundai Motor India Limited (HMIL): CRETA Electric, and last-mile mobility in partnership with TVS Tat...

Market & Tech Reports  Updated at: 2025/02/13

shrink and make this section of the market increasingly competitive. It seems likely that those focused on providing fully integrated modules will either need to transition their business model towards provision of speakers or software and many are likely to exit the market. Figure 3: Hyundai Ioniq 5 NSource: Hyundai Our research identified several technology trends that are shaping the market for AVAS, these include integration of funct...

Market & Tech Reports  Updated at: 2025/02/05

CES 2025: Electric Vehicles from Geely, Great Wall, Afeela Zeekr, Wey display model portfolio; Afeela 1 announced; Waymo, Mobileye show robotaxis Summary Zeekr showcases model variety with 001 FR, Mix, and 009 Grand Great Wall displays flagship of premium Wey SUV brand with Lanshan Sony Honda Mobility announces debut model with upcoming Afeela 1 Waymo and Mobileye show models for autonomous applications CES 2025 sign outside the Las Vegas C...

Market & Tech Reports  Updated at: 2025/01/24

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

Market & Tech Reports  Updated at: 2025/01/16

Los Angeles Auto Show 2024: HMI in the U.S. Market Hyundai IONIQ 9, Tesla's self-driving taxis, and more Summary HMI trends at the 2024 LA Auto Show Hyundai IONIQ 9 Genesis GV70 Nissan Murano and Armada Acura MDX Chrysler Halcyon Concept Jeep Wagoneer S Dodge Charger Daytona Ford BlueCruise Tesla's self-driving taxi   The 2024 LA Auto Show was held at the Los Angeles Convention Center from November 22 to December 1, 2024. This show is one of the...

Market & Tech Reports  Updated at: 2025/01/15

ble EVs Summary EV sales in Europe slowing down; Automakers reducing workforce EU imposes additional duties 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 u...

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

Q2 2024) (Aug. 2024)GAIKINDO Indonesia International Auto Show 2024 (Aug. 2024)  2024 Q3 ASEAN Countries Sales Comparison (units) Country Sep. 2024 Sep. 2023 Y-o-Y Jul.-Sep.2024 Jul.-Sep.2023 Y-o-Y Jan.-Sep.2024 Jan.-Sep.2023 Y-o-Y Thailand 39,048 62,086 -37.1% 130,632 180,739 -27.7% 438,659 586,870 -25.3% Indonesia 72,667 79,919 -9.1% 223,200 249,351 -10.5% 633,218 755,778 -16.2% Malaysia 58,032 68,174 -14.9% 203,679 205,781 -1.0% ...

Market & Tech Reports  Updated at: 2024/11/26

wcase the advancements and highlights of the attending companies.   In 2024, the IAA Transportation emphasized the evolution of the commercial vehicle sector towards climate-neutral mobility, featuring technologies and solutions currently in use or set to be adopted in the near future. With over 145 world and European premieres presented by OEMs, suppliers and tech companies, along over 80 press conferences, the IAA Transportation is an event th...

Market & Tech Reports  Updated at: 2024/11/05

ion) Cutting-edge developments in charging services: Efforts in high-voltage chargers and providing charging services during 'interim times’ (Takaoka Toko Co., Ltd.)   The ReVision EV & Electrification Summit 2024 (organized by InBridges Co., Ltd. (ReVision Auto&Mobility)) was held on September 25, 2024 at the Belle Salle Kudan Hall conference center in Tokyo, Japan.   The morning session was titled "Strategies and approaches for navigating t...

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

Electric Vehicle PF : Platform ZEV : Zero Emission Vehicle (Note that subject vehicles may differ in each country) gpm : grams per mile mpg : miles per gallon LDV (EPA definition) : Light-Duty Vehicle (Light-duty passenger vehicle) LDT (EPA definition) : Light-Duty Truck (Truck - GVWR 8,500lbs or less) MDV (EPA definition) : Medium-Duty Passenger Vehicle (GVWR less than 10,000lbs) HDV (EPA definition) : Heavy-Duty Vehicle (GVWR 8,...

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

  The event was organized by KOTRA (Korea Trade and Investment Promotion Agency), co-sponsored by the Nagoya Chamber of Commerce and Industry, and supported by the Aichi Prefectural government, the Consulate-General of the Republic of Korea in Nagoya, and Fourin Co., Ltd. It featured exhibits from 57 Korean auto parts companies.   Although there were no displays of electrified vehicles or e-Axles this year, there were many parts for electrified...

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