China’s Emerging EV Automakers: Leapmotor, Li Auto, XPeng Leapmotor’s partnership with FAW, Li Auto’s first BEV, XPeng-developed in-vehicle semiconductors Summary Sales volume by model - January to May 2025 Leapmotor: Developing its architecture in-house, expanding international markets with Stellantis Li Auto: First BEV model equipped with the VLA(Vision-Language-Action model) autonomous driving architecture XPeng: Developing E/E architect...

Market & Tech Reports  Updated at: 2025/07/14

policies on both the U.S. and Mexican economies is beginning to become apparent, with real GDP growth in Q4 (October-December) of 2024 negative (-0.6%) for the first time in three years (+1.3% for the full year of 2024). Preliminary GDP figures for January-March 2025, released at the end of April, showed a 0.6% y/y growth, but that of the secondary industry (manufacturing) remained down 1.4%.   The Global Economic Outlook by the International M...

Market & Tech Reports  Updated at: 2025/07/11

relli   See Analysis Report: Lithium-Ion Battery (China)   This report outlines future trends in thermal countermeasures (thermal management) for lithium-ion batteries in BEVs (battery electric vehicles) and the status of each supplier. Thermal countermeasures are also applied to the e-Axle (motor, inverter, and reducer) of hybrid vehicles (HV), plug-in hybrid electric vehicles (PHEV), and BEVs, but these parts are excluded from the scope ...

Market & Tech Reports  Updated at: 2025/07/08

istics companies and truck OEMs. Pony AI has one key customer in each of the two segments—Sinotrans and Sany. Pony AI and Sinotrans have an important joint venture, Cyantron Logistics, which provide services to Sinotrans.       The yearly revenue of Pony AI remains low and is growing slowly as shown in the next table. The revenue is based on three product segments—robotaxi services, robotruck services and licensing-applications. Robotaxi s...

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

technology developments globally, and provides services such as consulting for research planning, applying for patents in foreign languages, and technical translation.   In recent years, the use of generative AI has been increasing in the automotive industry, and at this year's Auto Shanghai 2025 motor show, several companies presented products that use generative AI in cars. This report will show the trends in technology classifications and de...

Market & Tech Reports  Updated at: 2025/06/30

c Lyriq-V, Buick new super fusion architecture and NEV sub-brand Mercedes-Benz's Vision V luxury MPV concept car   Major European and American automakers are further deepening their local strategies in the Chinese market, accelerating the shift to intelligent and electrified vehicles, and showcasing their latest technologies and product lineups at the Auto Shanghai 2025.   The BMW Group launched its "360-degree full-chain AI strategy" ...

Market & Tech Reports  Updated at: 2025/06/30

JSAE 2025 in Yokohama: Inverters, Thermal Management Power electronics, e-Axle components, Bearing Summary Inverters, electric components (Denso, BorgWarner, Valeo, Schaeffler, TE, ASTI) Thermal management components (Aisin, Mahle, Schaeffler) Power electronics components (Toshiba Group, Denso, BorgWarner, Schaeffler, Asahi Kasei) e-Axle and motor parts (TDK, MinebeaMitsumi, Sumitomo Electric Industries, TRIS, SWCC) Bearings, electrolytic corrosi...

Market & Tech Reports  Updated at: 2025/06/26

of Commerce announced that it had approved some rare earth export applications.   It will be necessary to continue to closely monitor the actions of the Trump administration, the progress of discussions between countries, and the actions of individual manufacturers.       The following graph shows the transition of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries.   Sales volumes of electric vehicles...

Market & Tech Reports  Updated at: 2025/06/25

urrounding Toyota City, Japan, producing superior technologies and products, as well as retailers, service providers, public institutions, and support organizations. This year marked the 15th time the event has been held, and it was a huge success, with 143 exhibitors. This report will cover Toyota Motor Corporation's special exhibit and the technologies exhibited by parts suppliers. Sky Hall Toyota, venue of the Toyota Business Fair Openi...

Market & Tech Reports  Updated at: 2025/06/24

2025 Huawei Intelligent Electric Drive/Charging Network Strategy and New Product Launch", where it announced products such as the next-generation high-end driving system "ADS 4", the Harmony cockpit "HarmonySpace 5", and all-scenario motion domain solutions.  In addition, at the Auto Shanghai 2025 motor show, the company demonstrated its all-round technology capabilities in the field of automotive intelligence through three exhibition areas: Sma...

Market & Tech Reports  Updated at: 2025/06/20

ssan, GM, Stellantis-FCA, Mercedes-Benz, and BMW outside Japan. Exhaust system components suppliers: 1) Japanese market Sango Business overview: A Toyota group supplier, Sango Co., Ltd. (Sango) has a long history of doing business with Toyota dating back to 1937, long before the merger of Toyota Motor Company with Toyota Motor Sales to become the Toyota Motor Corporation in 1982. Based on stamped parts for automobiles, the company manufactures...

Market & Tech Reports  Updated at: 2025/06/19

JSAE 2025 in Yokohama: e-Axles, Motors, xEVs Subaru: Strong hybrid, Aisin: FR1 1-motor hybrid transmission, etc. Summary OEM electric powertrains and electrified vehicles (Nissan, Subaru, Yamaha, AIM) Japanese suppliers of ePT (Aisin, Jatco, Meidensha, IJTT, TOP) Electric PTs from US and European suppliers (Valeo, BorgWarner, Schaeffler, Bosch, AAM) Unique electric PT and teardown exhibits (Exedy, Astemo, MarkLines)   The Automotive Engineering ...

Market & Tech Reports  Updated at: 2025/06/16

obilitas Tbk (VKTR), a subsidiary of an Indonesian industrial conglomerate, has started the construction of a commercial electric vehicle production facility.   In addition to EV production, Indonesia focuses on local production of EV batteries by utilizing nickel ore found in the country. Hyundai Motor Group and LG Energy Solution, a collaboration of SAIC Group and CATL with a local manufacturer, as well as Indonesia Battery Corporation and CAT...

Market & Tech Reports  Updated at: 2025/06/13

n NEVs, the share of ternary Li-ion batteries decreased significantly, from 61% in 2018 to 25% in 2024. The share of LFP (lithium-ion iron phosphate) batteries rose from 39% to 75% in 2024. In terms of growth rates, the growth rate of ternary batteries has fluctuated widely over the past six years, showing a tendency to lack stability. Meanwhile, lithium iron phosphate batteries maintain strong growth overall.   From the production side, unlike ...

Market & Tech Reports  Updated at: 2025/06/12

Auto Shanghai 2025: FAW, Dongfeng, BAIC FAW Bestune Yueyi 08, Dongfeng MHero M817, BAIC Arcfox models Summary FAW Group: Electric platform, Tiangong 06 midsize SUV, Bestune Yueyi series Dongfeng Motor: Showcasing the latest achievements in its intelligentization strategy and unveiling a new technology brand BAIC Group: Arcfox and Stelato with Huawei Technology, BJ series unveiled   Auto Shanghai 2025, officially known as the 21st Shanghai...

Market & Tech Reports  Updated at: 2025/06/12

ced by 40%. The company plans to release approximately 40 models by 2027, of which more than 20 will be NEVs. In addition, the company will launch approximately 30 EVs in China by 2030, and will offer electrified vehicles across all its brands.     Against this backdrop, at the Auto Shanghai 2025 motor show VW showcased the latest achievements in the fields of electrification and intelligence, and presented their progress of technological devel...

Market & Tech Reports  Updated at: 2025/06/11

mobile Industry Exhibition, was held at the Shanghai National Exhibition and Convention Center from April 23 through May 2, 2025. The total exhibition space exceeded 360,000 square meters, and nearly 1,000 companies from 26 countries and regions exhibited. A total of 1.01 million people visited the motor show, including 63,000 from outside China. According to the organizers, during the press days on April 23 and 24, more than 100 new models were ...

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

bile Industry Exhibition, was held at the National Exhibition and Convention Center (Shanghai) from April 23 through May 2, 2025. The total exhibition space exceeded 360,000 square meters, and nearly 1,000 companies from 26 countries and regions exhibited. A total of 1.01 million people visited the motor show, including 63,000 from outside China. According to the organizers, during the press days on April 23 and 24, more than 100 new models were ...

Market & Tech Reports  Updated at: 2025/05/30

ACT Expo 2025: Hydrogen and alternative fuels Bosch, Hyundai, Toyota advance hydrogen ecosystem; Daimler, Blue Bird show CNG and propane systems Summary Bosch exhibits fuel cell module and new CryoPump refueling technology cellcentric and EKPO detail next-generation fuel cell modules Forvia, Symbio display StackPack module and hydrogen storage solutions Hyundai and Plus outline autonomous fuel cell freight network strategy Toyota showcases Gen 3 ...

Market & Tech Reports  Updated at: 2025/05/29

ist of Global Facilities Foundation brakes, friction materials Akebono Brake Industry Co., Ltd. ADVICS Co., Ltd. Hosei Brake Industry Co., Ltd.(ADVICS Co., Ltd. affiliate) Nisshinbo Holdings Inc. / Nisshinbo Brake Inc. Astemo, Ltd. (formerly Hitachi Astemo, Ltd. ) Resonac Corporation(formerly Showa Denko Materials Co., Ltd.) Resonac Brake Corporation Continental Automotive Corporation (Japanese subsidiary) Brembo S.p.A. (European supplier...

Market & Tech Reports  Updated at: 2025/05/29