luding 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see March 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 9...

Market & Tech Reports  Updated at: 2025/05/26

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

Market & Tech Reports  Updated at: 2025/05/12

Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

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

ing 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see February 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 9...

Market & Tech Reports  Updated at: 2025/04/25

consecutive years Summary Revenues and sales: Revenues exceed CNY 480 billion, jumping to second in passenger car sales in China Core Technology: Shift from electrification to intelligent vehicles; accelerating AI Overseas Trends: No. 1 in passenger car exports for 22 consecutive years, building a plant in Spain Chery Group's sales volume in China (factory shipments) GlobalData Sales Forecast: Chery Group to Sell 2.45 Million Light Vehicles in 2...

Market & Tech Reports  Updated at: 2025/03/07

ing 12 major countries, which account for approximately 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 9...

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

Chinese Market Q2 2024 (Aug. 2024) Chinese Market Q1 2024 (May 2024)       According to a report by the National Bureau of Statistics of China in January 2025, GDP for the full year 2024 increased by 5.0% y/y to about CNY 134.9 trillion. Growth in the first quarter (Q1) of 2024 increased 5.3% y/y, 4.7% in Q2, 4.6% in Q3, and 5.4% in Q4.   In 2024, new vehicle sales (factory shipments) in China increased by 4.5% from the previous year to 31.4...

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

HVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded to Southeast Asia, Europe, South America, and other regions Overseas trends: Overseas passenger car sales reach 417,000 units in 2024 Business situation: Sales have increased significantly, and the number of employees globally exceeds 1 million BYD’s sales volumes in China (factory shipments) GlobalData Sales Forecast: BYD’s light ...

Market & Tech Reports  Updated at: 2025/02/18

ing 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see November 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 9...

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

uding 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see August 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 9...

Market & Tech Reports  Updated at: 2024/10/28

ighway Traffic Safety Administration, U.S. Department of Transportation CARB : California Air Resources Board USTR : United States Trade Representative   Other IRA : Inflation Reduction Act (U.S.) NACS : North American Charging Standard LLC : Limited Liability Company GWh For cell plant production capacity, as annual production capacity, “/year” omitted CO2 : Used to refer to all greenhouse gases CFP : Carbon Footprint o...

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

cluding 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see July 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 9...

Market & Tech Reports  Updated at: 2024/09/27

cluding 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see June 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 9...

Market & Tech Reports  Updated at: 2024/08/29

to decline in 2024 due to production cutback in China Global sales situation: Sales down despite broad-based price cuts from 2023 onward New products announced after 2023: Cybertruck, Semi, and new Model 3 Future models: Compact EV to be launched in the first half of 2025 Battery production: Nevada plant expansion to increase production of 4680-type cells Charging Network: OEMs increasingly adopt Tesla's charging system Autonomous driving: Aiming...

Market & Tech Reports  Updated at: 2024/08/19

ncluding 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see May 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 9...

Market & Tech Reports  Updated at: 2024/07/26

Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup Hyundai and Kia to build EV plants in Korea, battery joint venture plants with LGES/SK On in the US Summary Korean government: Aiming to have 4.2 million EVs on the road by 2030, continuing EV subsidies in 2024 Korean vehicle production capacity is 4.48 million units, Hyundai and Kia building EV dedicated plants Hyundai Motor Group’s electrification strategy Hyundai Mo...

Market & Tech Reports  Updated at: 2024/07/25

52% 22% 38% May. 2023 28 119 50% 51% 52% 44% Apr. 2023 25 91 53% 51% 89% 41% Mar. 2023 28 66 54% 51% 30% 28% Feb. 2023 22 38 53% 55% 36% 28% Jan. 2023 16 16 57% 57% 0% 0% Dec. 2022 36 295 69% 54% 38% 91% Dec. 2021 26 155 83% 70% 102% 143% Dec. 2020 13 64 86% 76% 36% 2%   Currently, the percentage of lithium-ion batteries installed in vehicles as a proportion of total production continues to decline, gradually decreasing from 7...

Market & Tech Reports  Updated at: 2024/07/25

les of the adoption or rejection of gigacasting by various automakers.   Large die-cast parts are called megacastings or gigacastings, but in this report there term "gigacasts" is used refer to the parts, except for those with registered trademarks. In JIS (Japanese Industrial Standards) terminology, diecast is written as die cast, and this report generally follows that same rule in terminology. Tesla Inc. is ahead of its competitors in t...

Market & Tech Reports  Updated at: 2024/06/27

Kia: Starting production of new compact sedan and considering EV production Toyota: Began production of the new Tacoma, aiming to increase HV sales ratio Mazda: Strong sales of CX-30 in the U.S. contribute to increased production Honda: Production of its first EV model in North America begins at GM plant; domestic sales continue to shrink Production Forecast by GlobalData: Mexican production will show limited growth through 2027, remaining at the...

Market & Tech Reports  Updated at: 2024/06/14

Ford: HVs for all models by 2030, postponing some EV launch plans Scaling back CATL and SK On JV battery plants; Lithium supply contracts with 4 companies Summary Expanding HV offerings, postponing the launch of some EVs Electric vehicle sales (U.S. in 2023): 73,000 EVs, 134,000 HVs Construction of battery plants with SK On and CATL; signed lithium supply contracts with four companies Ford Pro commercial vehicle business: Producing commercial van...

Market & Tech Reports  Updated at: 2024/05/29