ACT Expo 2025: Electric and hybrid commercial vehicles Kenworth, Peterbilt, Harbinger, Mack Trucks unveil new electric models Summary Kenworth debuts new T880E and next-generation T680E Class 8 electric trucks Peterbilt updates electric lineup with next-generation Model 579EV and new Model 567EV Harbinger debuts medium-duty plug-in hybrid vehicle Mack Trucks' Pioneer makes exhibition debut; announcement of battery-electric version BorgWarner show...

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

BEV and PHV Trends of Chinese Manufacturers BYD surpasses Tesla to become world's top seller of BEVs Summary Sales trends by BEV model Sales trends by PHV model BYD enters the Japanese PHV and mini BEV markets Global sales of BEVs (including range extender EVs) were dominated by Tesla until 2023, but BYD rapidly expanded its sales volume, putting it in competition with Tesla. By quarter, BYD has exceeded Tesla's sales volume since Q4 2024 and ha...

Market & Tech Reports  Updated at: 2025/06/02

Trump Tariffs: Impact on the North American Auto Industry Analysis of U.S. imports and sales volume, parts procurement status for major models Summary Additional tariffs on automobiles and auto parts Imported vehicles as a percentage of total U.S. sales U.S. sales ranking by OEM Parts procurement status for major models US Sales Share by Segment (2024) (Source: MarkLines Sales Volume Dashboard )   In the midst of successive announcemen...

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

Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, 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 SD...

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

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

European Market: Adjusting Electrification Plan Amid Slowing EV Sales Additional duties on imports of EVs from China; European OEMs to launch affordable 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...

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

ating the hydrogen-powered hTGX Volvo Trucks: The new FH Aero lineup, FM low entry and VNL for the American market Ford: Unveiling of Ranger PHEV and battery-electric F-Line E Toyota: Premiere of the BEV Proace Max, presentation of the Hilux 48V Mild-Hybrid Concept and FCEV Prototype Isuzu Anadolu: Launch of the Big·e for micro-mobility Kia: PBV concept PV5 and PV7 Maxus: World premiere of the eTerron 9, and presenting the recently unveiled eDel...

Market & Tech Reports  Updated at: 2024/12/05

Mitsubishi Motors Corporation (Mitsubishi Motors) exhibited its Minicab EV and eK Cross EV in the Decarbonization Expo area. Since Smart Energy Week and Green Transformation Week attendees represented many corporations involved in the energy business, so Mitsubishi Motors was exhibiting two mini-EV models for corporate customers. The Minicab-MiEV was a mini commercial EV that was released in December 2011 and sold exclusively to certain corporat...

Market & Tech Reports  Updated at: 2024/10/29

ntal US. Currently, every Ford Mustang Mach-e comes with 250 kilowatt-hours (kWh) of free charging at Electrify America charging stations. They have around 800 total stations and a total of 3,500 DC fast chargers.   EVgo, based in California, has recently secured a deal with General Motors (GM) to launch over 2,700 DC fast-charging stations by 2025. These stations will have an average of four charging ports per site, each of which is capable of ...

Market & Tech Reports  Updated at: 2023/11/16

units, PHVs increasing by 4.5% y/y to 629,000 units, and HVs growing by 27.9% y/y to 2,184,000 units. New vehicle sales for the same period totaled 8,517,000 units. EVs accounted for 15.1%, which is up by 2.2 percentage points compared to the period of January-August 2022.   Automakers continue to launch various EV and PHV models in the European market in 2023. Especially Chinese manufacturers are making an intensified offensive, as not only lea...

Market & Tech Reports  Updated at: 2023/11/14

Ford (Part 2): Launching Ranger and F-Series Super Duty pickups in US in 2023 Introduction of two electric CVs in EU, SUVs designed for consumers in China Summary USA: Sales of pickup trucks, SUVs and commercial vans expanding Activities to increase production in North America Europe: Strengthening commercial vehicle business China: Sales volume falls due to COVID-related restrictions South America: Focusing on production of Ranger and Transit an...

Market & Tech Reports  Updated at: 2023/05/15

ctionality of vehicles already on the market, and Wipro Limited (Wipro), as an Indian multinational corporation that provides engineering services to non-Japanese automakers, presented some of the the latest information associated with innovations in onboard computers, cloud computing, and business models in the automotive industry. SBD Automotive Japan reported on the status of autonomous driving and ADAS at the OEM level.   As for major techno...

Market & Tech Reports  Updated at: 2022/12/07

VW Group (Part 2): Solid Performance Despite Sales Volume Decline Launching ICE models including pickup truck developed with Ford and China-only SUV Summary New model launch plan: VW brand releases Amarok pickup truck and China-only SUV Tavendor Deliveries for the period Jan.-Sep. 2022 decline by 12.9% y/y to 6.06 million units Regional activities: Russia-Ukraine conflict affects Europe, China’s management structure renewed, EVs launched in U.S...

Market & Tech Reports  Updated at: 2022/11/10

year (y/y) to 647,000 units, PHVs declining by 12.0% y/y to 473,000 units, and HVs (hybrid vehicles) growing by 2.2% to 1,324,000 units. The share in total vehicle sales was 11.6% for EVs, 8.4% for PHVs and 23.6% for HVs. The EV share expanded by 4 percentage points compared to 2021. Automakers are launching various EV and PHV models in 2022 to achieve the CO2 emissions targets.   Passenger car sales in 30 European countries decreased by 1.5% y/...

Market & Tech Reports  Updated at: 2022/09/12

Indian Market Sentiment Improves in 2021 New models help drive sales recovery, impact of COVID-19 and chip crisis remains Summary Passenger cars sales in 2021 Medium-term trends in the passenger car market Passenger car market segment structure OEM analysis of passenger car market New model launches Investment and partnership announcements by major OEMs Production Forecast by LMC Automotive: Indian light vehicle production will reach 5.2 million ...

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

Analysis Report: Seat (U.S. and European Markets) Business Trends of Major Suppliers List of Suppliers I. Introduction Ⅱ. Global expansion of major seat suppliers III. List of major seat suppliers by OEM (European and U.S. production) IV. List of components by supplier, OEM, and model (European and U.S. production) Ⅴ. Sales figures of major seat suppliers Supplier global footprint (Detail) Adient (formerly Johnson Controls) Lear Fau...

Market & Tech Reports  Updated at: 2022/06/30

Ford (Part 1): Focusing on EVs and Commercial Vehicles under the "Ford+" Business Strategy Over 40% of global sales to be EVs by 2030; building 129GWh battery plant with SK Innovation Summary Accelerating the "Ford+" business strategy and raising the electrification target Sales in the U.S.: Sales of SUVs and EVs expand, but number of vehicles decrease due to semiconductor shortages Launch plan of new models in the U.S.: Expanding lineup of SUVs,...

Market & Tech Reports  Updated at: 2022/03/30

year-over-year (y/y) to 746,000 units, PHVs expanding by 210% y/y to 619,000 units, and HVs growing by 51.3% y/y to 144,800 units. However, the sales proportion of electrified vehicles remains low at 6.2% for EVs, 5.2% for PHVs and 12.1% for HVs. Automakers are expanding their lineups of EV and PHV models to achieve the CO2 emissions targets.   In 2020, passenger car sales in 30 European countries decreased by 24.5% y/y to 11.96 million units du...

Market & Tech Reports  Updated at: 2021/08/12

ains many of the mechanisms of the NAFTA (North America Free Trade Agreement), it adds items that aim to return production to the U.S., and there are concerns about the impact on automobile production in Mexico. However, automakers are strengthening their production systems and adjusting production schedules in Mexico.  General Motors Company (GM) will invest more than USD 1 billion to remodel its Ramos Arizpe Plant for EV production in Mexico. ...

Market & Tech Reports  Updated at: 2021/07/28

market.・ e-Fuel and the hydrogen engine announced in April 2021 may also be among the solutions for carbon neutrality. Toyota has a policy of not narrowing down the options for carbon neutrality. Emphasis on achieving "carbon neutrality" rather than increasing the number of BEVs sold  Since the launch of the first Prius in 1997, Toyota has been a top runner among the world's automakers for contributions to CO2 reduction and wants to continue ...

Market & Tech Reports  Updated at: 2021/06/08