r hybrid vehicles, as well as a 2025 proposal to impose a USD 1,000 tax on BEVs. The background to this is that current road repair funding mainly relies on taxes on gasoline and diesel fuel, but the spread of electric vehicles is expected to lead to a decrease in traditional fuel tax revenues, highlighting the need to secure new sources of funding. The upcoming five-year transportation bill is expected to allocate approximately USD 500 to 550 bi...

Market & Tech Reports  Updated at: 2026/03/27

f 62 brands exhibited, including 36 four-wheeled vehicle brands and 26 two-wheeled vehicle brands. According to the organizers, the event attracted 580,250 visitors and generated IDR 8.7 trillion (approximately JPY 81.5 billion) in sales during the period. Although the number of visitors decreased slightly from 2025, sales increased. IIMS 2026 entrance   There had been speculation that EV prices might rise in 2026, but so far prices h...

Market & Tech Reports  Updated at: 2026/03/27

GlobalData Global Light Vehicle Sales Update (February 2026) Global sales declined by 8.5%, 6.04 mn units and the selling rate improved to 86.6 mn units/year Summary Commentary For February, the Global Light Vehicle (LV) selling rate improved modestly to 86.6 mn units/year, on what was a weak start to 2026. In year-on-year (YoY) terms, the market declined 8.5% YoY due to a second consecutive sharp contraction in the Chinese PV market as sales to...

Market & Tech Reports  Updated at: 2026/03/24

the parking lot grasp the situation of the entire parking lot and send information to the vehicle. After getting out of the vehicle, the driver simply operates the smartphone app and the vehicle will automatically move to a parking space. For boarding, the vehicle will drive itself to the boarding/alighting area in the same way. The demonstration also showed how the vehicle detects people and stops automatically. In September 2023, Bosch announce...

Market & Tech Reports  Updated at: 2026/03/24

ior components. Xiaomi SU7 specifications (enlarged image) Xiaomi SU7 instrument panel structure (enlarged image)   The instrument panel has a relatively orthodox design, but the upper part (upper: black part) has a double-layered structure, and part of the lower part (lower: light gray portion) is visible through the gap in the depth, creating a distinctive structure that successfully combines simplicity with a sense of fu...

Market & Tech Reports  Updated at: 2026/03/18

n addition, a standard system to support the introduction and management of autonomous driving products is being established.   The development plan is shown in the table below. The table can be scrolled left and right. 2025 2026 2027 Accelerate the drafting of mandatory standards (AEB for light-duty vehicles was reviewed in July 2025) Promote the drafting and implementation of mandatory standards (promote the development of mandatory st...

Market & Tech Reports  Updated at: 2026/03/16

AFEELA 1’s HMI From coverage of the CES 2026 exhibition Summary Display (front instrument panel, rear seats, Media bar) Yoke-type steering wheel switches (air conditioning, lighting, etc.), door opening/closing systems AFEELA 1 HMI concept (Personalization, AI communication, cloud integration, and more)   Sony Honda Mobility (SHM), the joint venture (JV) mobility tech company established by Sony Group Corporation and Honda Motor Co., Ltd. in ...

Market & Tech Reports  Updated at: 2026/03/12

much of Western Europe were positive, although a sharp contraction in France acted as a significant headwind and weighed on overall regional growth. Sales grew 1.4% YoY to 865k units. The selling rate improved to 12.8 mn units/year. Year-to-date (YTD) sales now stand at 1.7 mn units (-0.7% YoY). In light of recent developments in Iran, which has disrupted energy markets and could intensify inflationary pressures across the region, we have taken a...

Market & Tech Reports  Updated at: 2026/03/09

Toward Net-Zero Powertrain: From Technology Competition to Collaboration From the presentation coverage at the CTI Symposium Germany 2025 Summary Hybrid Futures – A Key Path to Net Zero (Horse Powertrain / Renault, Geely) Development of EV Powertrain and Battery for the Third Generation LEAF (Nissan) Lightweight Twin Electric Drive Unit Platform with Torque Vectoring (InfiMotion / Geely) Electric Drive Efficiency – A Systematic Engineering Ap...

Market & Tech Reports  Updated at: 2026/03/06

months, it is expected that the rise in financing costs and weak consumer confidence will hinder annualized sales. The Bank of Japan raised the policy interest rate to 0.75% in December, reaching a level not seen in decades, which is further exacerbating the pressure that has already been affecting light vehicle sales.   On February 16, the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced that it will simplify th...

Market & Tech Reports  Updated at: 2026/03/03

mere "product introduction" to "penetration into all segments”. According to the Expo’s organizer, Inter-Media Consultant Co., Ltd. (IMC), the top five order bookings by automaker were Toyota (10,872 units), Honda (6,278 units), BYD (6,212 units), Chery (5,217 units), and GAC (5,019 units), highlighting the high competitiveness of Chinese automakers in Thailand.   In 2026, the spread of electric pickups and plug-in hybrid MPVs by Chinese bra...

Market & Tech Reports  Updated at: 2026/02/24

GlobalData Global Light Vehicle Sales Update (January 2026) Global sales was down by 2.0%, 6.63mn units and the selling rate was 81mn units/year Summary Commentary For January, the Global Light Vehicle (LV) selling rate fell sharply to 81 mn units/year due to a steep contraction in the Chinese PV market. In year-on-year (YoY) terms, the market declined 2.0% as sales totaled 6.6 mn units globally. For the first time in an extended period, the US,...

Market & Tech Reports  Updated at: 2026/02/24

CES 2026: Progression of autonomous technologies and AI applications Exhibitors highlight new ADAS functions, robotaxis, robotic applications, and AI solutions Summary BMW iX3 driving assistance with Snapdragon Ride Pilot, Geely unveils G-ASD intelligent driving Tensor offers personal robotaxis; Waymo and Zoox expands public robotaxi deployment Hyundai looks to lead in AI robotics; Schaeffler and HL Group highlight robotic portfolio Sonatus demon...

Market & Tech Reports  Updated at: 2026/02/20

ture (SW R&D) – Exploring modular, scalable architectures and software-first design principles to accelerate SDV development. Standards & Software Compliance – Addressing regulatory frameworks, safety, and interoperability while fostering innovation. SOTA, Connectivity & Data Management – Highlighting secure over-the-air updates, connectivity optimization, and real-time data utilization for enhanced services and user experience. Embedded Sy...

Market & Tech Reports  Updated at: 2026/02/18

e Energy Technology Switchgear Zhongce Rubber (Thailand) Radial tires Japan Siam Sanwa Industry Heat shields for vehicles Thai Tsuzuki Suspension parts for vehicles Japan/Others U-Shin (Thailand) Car door handle sensor units Singapore Fengmao (Thailand) Water pumps for vehicles Guangtai Lighting (Thailand) Vehicle lamp sets Unestablished Rubber tires for vehicle Thailand H SEM MOTOR Battery swapping station for electric motorcycle...

Market & Tech Reports  Updated at: 2026/02/17

se of a wide variety of materials. Many of these components are arranged in layers on top of an underlying PP (polypropylene) material that is the same color as the interior (yellow-green part in the image). BYD Yangwang U8 door trim advantages   The gunmetal-colored decoration is a highlight of the door trim design, but the iconic mesh of symbolic patterns around the speaker grilles, reminiscent of the traditional culture unique to C...

Market & Tech Reports  Updated at: 2026/02/13

Automotive World 2026: Carbon Neutrality Biomass materials, design for easy disassembly, and recycling technology Summary Oji Holdings: Cellulose Nanofiber (CNF) Sumitomo Bakelite: Environmentally Friendly Resins Achieving Both Biomass Utilization and Recycling Toyobo MC: Environmentally Friendly Engineering Plastics Shiraishi Calcium: Lightweighting and CO2 Reduction Using Inorganic Materials Korean suppliers (EcoFlex, LARGE)   Automotive Worl...

Market & Tech Reports  Updated at: 2026/02/13

anuary 21 through 23, 2026.   According to an announcement by the organizer, RX Japan Ltd., the total number of visitors to Automotive World 2026 for the entire exhibition (3-day total), including "NEPCON Japan," "Factory Innovation Week," and "Smart Logistics EXPO" held concurrently, was 78,673, slightly down from 85,430 last year and in line with 77,744 visitors the year before last (2024).   At this year’s Expo, there was an impression tha...

Market & Tech Reports  Updated at: 2026/02/13

arted operations on December 19. FAW and Leapmotor's investment/alliance agreement signing ceremony (Source: FAW) Dongfeng Motor    On October 21, DFMC's 10,000-ton integrated die-casting plant entered the trial production stage. In the first phase, the company plans to produce 200,000 lightweight parts per year, and in the second phase, four additional production lines will be added, with a total annual production target of 600,000 ...

Market & Tech Reports  Updated at: 2026/02/09

The Production Cost Battle Summary Introduction THE EURO 7 COST TRAP INCALCULABLE COST RISK COSTLY POWERTRAIN ASSEMBLY COST ANALYSIS AND ASSEMBLY TIMES OF ICE AND BEV VEHICLES ADDED VALUE GIVEN AWAY COST PARITY NOW ACHIEVABLE GIGACASTING AND THE TRUE UNBOXED PROCESS 2.0 HIGHLY EFFICIENT PRODUCTION OF ELECTRIC VEHICLES STRONG IN CORE COMPETITION   This report contains a Spotlight article from Springer's automotive technical magazine "ATZ" www.at...

Market & Tech Reports  Updated at: 2026/02/05