premiere of the Lexus ES and bZ7 with Huawei technology Honda: World premiere of the flagship model of the Ye series, equipped with DeepSeek Nissan: Unveils PHEV pickup truck for the first time and announces investment of approximately JPY 200 billion in the Chinese market Mazda: Unveils second NEV model, EZ-60, to be released in 2025 Toyota booth at Auto Shanghai 2025   Auto Shanghai 2025, officially known as the 21st Shanghai Internat...

Market & Tech Reports  Updated at: 2025/05/07

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

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (March 2025) Electric vehicle sales in March increase 33.4% y/y to 1,490,000 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...

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

hina showed an 11.2% year-over-year (y/y) increase to 7.470 million units in the first quarter (January-March) of 2025. Of this total, passenger car sales grew 12.9% y/y to 6.419 million units. Commercial vehicle sales increased 1.8% y/y to 1.051 million units. New Energy Vehicles grew 47.1% y/y to 3.075 million units, giving NEVs a 41.2% share of the motor vehicle market in China.   This report focuses primarily on key developments of Chinese a...

Market & Tech Reports  Updated at: 2025/04/24

ermany, from March 4 to 6, 2025. Under the theme “Innovations & Insights: The Era of Software-Defined Vehicles”, the event focused on the latest trends and developments in IT and software that are driving the transformation of the automotive industry. Bringing together over 250 participants and 35 leading industry presenters, the symposium served as a valuable platform for knowledge sharing, discussion, and networking among professionals shap...

Market & Tech Reports  Updated at: 2025/04/22

hen, the company has focused on intelligent connected car components to support the acceleration of the electrification, connectedness, and intelligentization of the automotive industry.  In 2024, Huawei's smart car solutions business achieved profitability for the first time, with sales of USD 26.35 billion, about five times higher than the previous year, turning a profit for the first time.  There are three collaboration models between Huawei...

Market & Tech Reports  Updated at: 2025/04/16

ls, fast chargers, standard charges, V2X and more displayed at the 25th Smart Energy Week (Spring) Expo and concurrent expositions including Battery Japan (Spring) ~ 18th International Rechargeable Battery Expo, Smart Grid Expo (Spring) ~ 17th International Smart Grid Expo, H2 & FC Expo (Spring) - 23rd International Hydrogen & Fuel Cell Expo (Spring), and 6th Decarbonization Expo (Spring). Exhibit of Mitsubishi Motors Corporation Smart Gr...

Market & Tech Reports  Updated at: 2025/04/08

S800 (Source: HIMA)   The current alliances between automakers in the Chinese market can be attributed to three factors: 1) The end of "outsourced production" by emerging automakers; 2) Deepening alliances between automotive OEMs and ICT (Information and Communication Technology) companies; and 3) The restructuring of foreign-based OEMs' businesses in China.   Many of the emerging automakers were not qualified for production at the time of t...

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

egy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda to sell 1.33 million light vehicles in 2028 MX-30 Rotary-EV (Source: Mazda)   On March 18, 2025, Mazda announced its “Lean Asset Strategy” to prom...

Market & Tech Reports  Updated at: 2025/04/01

nda: e:N1 subcompact electric SUV Toyota: HEV model lineup VinFast: Compact EV lineup PLN: Indonesia charging network BYD announcement event   The Indonesia International Motor Show (IIMS 2025) was held at the Jakarta International Exhibition (JIExpo) in Kemayoran, Jakarta, from February 13 to 23, 2025.   The number of exhibiting brands increased from 23 in 2024 to 31. The increase in participation by Chinese OEMs was particularly noti...

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

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (February 2025) Electric vehicle sales in February increase 56.9% y/y to 1,038,000 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 ...

Market & Tech Reports  Updated at: 2025/03/26

ation Week held concurrently, was 68,840, about the same number as last year (69,261 visitors). This report introduces the exhibits of FCVs (fuel cell vehicles), hydrogen utilization products, FC (fuel cell) units, tanks, hydrogen-related equipment, components, and more at the H2 & FC Spring 2025 23rd International Hydrogen and Fuel Cell Expo (Spring) 2025, one of the exhibitions comprising the 25th Smart Energy Week Spring Expo. Exhibit...

Market & Tech Reports  Updated at: 2025/03/21

Chinese Market 2024 Sales Ranking by Model C and D segment NEV models dominate sales Summary 2024 Sales Ranking by Model C and D segment NEV models dominate sales In terms of new car sales volume (factory shipments) in China in 2024, Tesla's Model Y was first in the rankings by model, following its ranking in 2023. In second place was BYD's Song PLUS, followed by BYD's Seagull in third place. BYD models accounted for nine of the top 20 models, a...

Market & Tech Reports  Updated at: 2025/03/14

this report highlights the electric two-wheelers displayed by OEMs, their upcoming models, and new technologies. Ola Electric booth at the expo Booth of River Mobility   Related reports: Bharat Mobility Global Expo 2025: Major Two-wheeler OEMs (Mar. 2025) Electric Two-wheelers in India (3) 78 companies (Oct. 2024) Electric Two-wheelers in India (2) Major start-ups (Sep. 2024) Global Motorcycle Production and Sales: India, China, and A...

Market & Tech Reports  Updated at: 2025/03/13

Changan Auto: Targeting Sales of 5 Million Units in 2030 Smart Strategy announced; deepening partnership with Huawei Summary Strategic plan: Sales target of 3 million units and exports of 1 million units in 2025 Electrification: Installation of solid-state batteries in 2030, deepening partnership with CATL Intelligent: Achieving L3 autonomous driving capability by 2026, deepening partnership with Huawei Changan Auto Group’s sales volume in Chi...

Market & Tech Reports  Updated at: 2025/03/12

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 2028 Chery Group's representative NEV models(Source: Chery official website)   Chery Automobile Co., Ltd.'s (Chery's) 2024 sales volume grew 38.4% year-over-year (y/y), surpassing 2.6 million units. With this growth rate, the company achieved the sales volume target it set at the beginning ...

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

o-wheeler portfolio, flex-fuel motorcycle Honda Motorcycle and Scooter India: Electric scooter, battery swapping technology TVS Motor Company: CNG scooter, flex-fuel motorcycle, Android-integrated electric scooter Bajaj Auto Ltd.: CNG motorcycle India Yamaha Motor: Hybrid motorcycle BMW Motorrad: 1,300cc boxer engine model   The Bharat Mobility Global Expo 2025 marked a notable shift among established two-wheeler manufacturers towards alternativ...

Market & Tech Reports  Updated at: 2025/03/06

Stellantis (1) From a BEV strategy to an xEV strategy Consolidation of more than 20 platforms into 5 types Summary Promoting the long-term plan "Dare Forward 2030", partially revising electrification strategy due to declining demand for EVs. BEV, PHV, and MHV available for major models, consolidating platforms into five types Expanding EV production: Assembling internal combustion engine vehicles, EVs, and PHVs on the same production line Started...

Market & Tech Reports  Updated at: 2025/03/05

data, excluding commercial vehicles; estimates are included) and analyzes sales trends of electric vehicles (BEV: battery electric vehicles / PHV: plug-in hybrid vehicles / FCV: fuel cell vehicles) in the global market in 15 countries, including 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 se...

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

Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65% BYD leads the pack; Seres, in development partnership with Huawei, sees significant growth Summary 2024 vehicle sales in China up 4.5% y/y to 31.4M units Sales by group: BYD tops the list, Geely and Chery perform well Passenger car market: Chinese-OEMs share exceeds 65% Sales by vehicle type : SUVs account for 53.8% of the PV market; many BYD in the Top 10 sedans and hatch...

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