king car ownership more affordable. Additionally, this demographic values personal mobility for convenience and status, further fueling the growth of car sales. Rising fuel prices and inflation   Although fuel prices have stabilized in recent months, they remain high for diesel, gasoline, CNG, and LPG, despite a significant drop in global crude oil prices, which continues to fuel inflationary pressures. Post-Covid, Indian consumers have also fac...

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

ing for a market share of 36.6% (of which PHVs increased 8.2% to 19,337 units, for a market share of 8.3%); sales of electric vehicles (EVs) decreased 4.9% to 35,491 units, for a market share of 15.3%; and sales of diesel-powered vehicles increased 3.7% to 36,172 units, for a market share of 15.6%. LPG vehicle sales were down 4.6% y/y to 1,039 units, for a market share of 0.4%, while there were no registrations of natural gas vehicles.   The thr...

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

19,000 employees, and will provide ICE, HEV and PHEV powertrains. In the future, the company aims to establish a production system capable of producing up to 5 million powertrains. The concept will also include LCVs (light commercial vehicles) and cover all energy sources such as e-fuels, hydrogen, LPG, CNG, and ethanol.  In June 2024, Aramco of Saudi Arabia announced that it will take a 10% stake in HORSE Powertrain Limited, cooperating in the ...

Market & Tech Reports  Updated at: 2024/07/12

d, and in the Euro-7 draft, fine particulate matter (PM10) generated from tires and brakes, which are not originally related to exhaust emission regulations, are now also subject to regulation.   Japan   Exhaust gas regulations were tightened in Japan in 2018. Enforcement from 2018 - Gasoline and LPG passenger cars, diesel passenger cars, WLTC driving mode Exhaust gas pollutants (excerpt) NOx(mg/km)Oxides of nitrogen PM(mg/km)Particulate matt...

Market & Tech Reports  Updated at: 2024/05/30

that is ultra-flexible and multi-energy and dedicated to four different regions: Latin America, North Africa, Turkiye, and India. This platform will benefit from the latest generation of electric and electronic architectures. It is planned in multiple powertrain options like ICE, flex-fuel (E100), LPG, mild hybrid advanced (48V), and full hybrid, with front-wheel and four-wheel drives. Vehicle length will be between 4 and 5 meters.   New Model ...

Market & Tech Reports  Updated at: 2023/12/28

mber selling rate accelerating to a strong 1.81 mn units/year. Hyundai’s sales advanced strongly, driven by triple-digit YoY sales growth of the Santa Fe, Grandeur and Kona. Light Commercial Vehicles posted a positive YoY gain for the first time since June 2023, boosted by the introduction of the LPG version of the Hyundai Porter Light Truck , of which the diesel version has been discontinued, due to the new environmental regulations that will ...

Market & Tech Reports  Updated at: 2023/12/15

started to keep their operations on track. It resulted in better product availability and new model launches.   Inflation and high fuel prices   In 2022, India witnessed an increase in fuel prices. Though the prices are fixed now, still, it is rather on the higher side for diesel, gasoline, CNG, LPG, etc., despite crude oil prices falling sharply in the international market, adding inflationary pressure. The hike in key interest rates by the R...

Market & Tech Reports  Updated at: 2023/09/19

d, and in the Euro-7 draft, fine particulate matter (PM10) generated from tires and brakes, which are not originally related to exhaust emission regulations, are now also subject to regulation.   Japan   Exhaust gas regulations were tightened in Japan in 2018. Enforcement from 2018 - Gasoline and LPG passenger cars, diesel passenger cars, WLTC driving mode Exhaust gas pollutants (excerpt) NOx(mg/km)Oxides of nitrogen PM(mg/km)Particulate matt...

Market & Tech Reports  Updated at: 2023/07/27

Bangkok International Motor Show 2023 (2): Colorful Experience Flagship models from Japanese manufacturers, SUVs and pickup trucks lineup Summary Toyota: Hilux Revo BEV Concept, LPG HEV Taxi Concept, Prius HEV Concept, Corolla Cross Hydrogen Concept, bZ4X Lexus RZ 450e Mazda: MX-30, Mazda2, Mazda3 Carbon Edition, CX-Series, BT-50 pickup truck Honda: 6th-gen CR-V, all-new WR-V 5-seater SUV, Civic Type R Nissan: Kicks e-POWER, Terra Sport, Leaf V2H...

Market & Tech Reports  Updated at: 2023/04/11

maha, BMW Motorrad, Harley-Davidson, Ducati, Triumph, Alpha Volantis, Kawasaki, and Royal Enfield. This event is expected help stimulate the country’s overall economy by no less than THB 50 billion.   The highlighted models of this year's show included: Mitsubishi XRT Concept, Honda CR-V, Toyota LPG HEV Taxi Concept, Prius HEV Concept, Hyundai Stargazer, Hyundai Staria Premium, Peugeot 408 PHEV, BYD Dolphin, BYD Seal, MG ES, MG Maxus 9, GWM TA...

Market & Tech Reports  Updated at: 2023/04/10

its energy input by 50% by improving the energy loss in its heat treatment furnace, which was 75%.   In the forging process, a large amount of energy is consumed in material heating, compressor driving, and heat treatment. Electricity already accounts for about 70% of the energy used, followed by LPG and natural gas, which together account for about 20%, and petroleum accounts for the remaining 10%, with heavy oil A being the most used (accordi...

Market & Tech Reports  Updated at: 2022/12/28

s the highest taxes on gasoline and diesel fuel of any country in the world. This adversely impacts the Indian automotive industry, hurting vehicle sales and adding inflationary pressure. In 2021, India witnessed record prices of automotive fuels and alternative fuels such as diesel, gasoline, CNG, LPG, etc. In June 2021, for the first time in India, fuel prices reach INR 100 per liter, and since then the nation has witnessed several ups and down...

Market & Tech Reports  Updated at: 2022/07/15

r a boot space ranging from 160 liters (all passenger seats up) to up to 1819 liters (all passenger seats down).   The model also comes with an 8-inch touchscreen in the center panel that can be connected with a smartphone via Apple Car Play or Android Auto. The Jogger was announced in gasoline or LPG (Liquid Petroleum Gas) versions. The gasoline version has a power output of 81 kW (or 110 hp). The LPG version reaches 74 kW (100 hp), has a 40-li...

Market & Tech Reports  Updated at: 2021/09/29

ergy from renewable sources. Environmental impacts from lower-medium vehicles for different powertrain types (baseline scenario for 2020, 2030, and 2050, and for the case where the EU achieves its contribution to a maximum global temperature increase of 1.5 °C by 2050, G: gasoline, D: Diesel, LPG: Liquefied Petroleum Gas, CNG: Compressed Natural Gas) ARGUMENTS FOR THE POWERTRAIN OF THE FUTURE   There are several arguments in favor of the...

Market & Tech Reports  Updated at: 2021/06/25

SUV in the first quarter of 2020. New K5 December 2019 (Korea) A third-generation midsize sedan. This sedan features a bold and dynamic exterior as well as an innovative and high-tech interior. Four next-generation Smartstream engines are available: a G2.0 engine, G1.6 T-GDi engine, L2.0 engine (LPG powertrain), and G2.0 HEV engine. The K5 will be released in the US in June 2020. In China, it will be launched as the Kai Ku in September 2020. ...

Market & Tech Reports  Updated at: 2020/06/22

ty Ltd presented lithium ion electric 3-wheeler range Treo and Treo Yaari. It is the first Li-ion 3-wheeler auto developed in India. The Treo boasts a certified range of 170 km.   Bajaj Auto   Bajaj Auto displayed the Qute quadricycle and the electric RE autorickshaw. Bajaj Qute, comes with CNG / LPG fuel options, and the company is also planning to develop an electric powertrain for the same vehicle. It is approved by various state governments...

Market & Tech Reports  Updated at: 2019/03/26

ion timeline of heavy-duty emission standards in major vehicle markets Source: The International Council on Clean Transportation (ICCT)   Adoption of CAFE regulations   Fuel consumption standards for Indian vehicles came into force in April 2017 for petrol, diesel, liquefied petroleum gas (LPG) and compressed natural gas (CNG) passenger vehicles. These standards are based on a Corporate Average Fuel Efficiency (CAFE) system and targets t...

Market & Tech Reports  Updated at: 2019/01/18

stem “True Value 2.0” the system certifies the quality of cars that are less than 7 years old from its first registration or with a mileage of less than 100,000 km. The cars are also limited to two ownership vehicles that are not used for commercial purposes or have been retrofitted with CNG or LPG kits. The number of inspection items also has been increased, covering 376 items relating to areas such as the engine, brakes, suspension, steerin...

Market & Tech Reports  Updated at: 2018/09/06

alaysia Ministry of International Trade and Industry (MITI) announced the National Automotive Policy 2014, which aims to convert 85% of the vehicles manufactured in Malaysia to EEVs by 2020. EEVs include fuel-efficient vehicles, HVs, EVs, and vehicles that use alternative fuel sources, such as CNG, LPG, bio-diesel, ethanol, hydrogen, and fuel cells. If a vehicle meets the fuel efficiency standards of EEVs, it will receive a range of incentives, s...

Market & Tech Reports  Updated at: 2018/01/05

ors, wheelchair users, and visitors to Japan from abroad. Its people-friendly universal design features include a low, flat floor, making it easy for customers to ingress and egress from the taxi, a wide-opening, power rear sliding door (left side only), and space to accommodate wheelchair users. LPG-hybrid system   For the powertrain, the JPN Taxi employs the newly developed 1.5-liter liquefied petroleum gas (LPG) hybrid system that achieves ...

Market & Tech Reports  Updated at: 2017/11/21