urrently focusing on market development based on the luxury brand image it has established in markets such as Central Asia. The company has also built after-sales service centers in Kazakhstan, Uzbekistan, and the UAE, while simultaneously expanding its business to markets in the Middle East, South America, and the Asia-Pacific region. First overseas R&D center opened In January 2025, Li Auto opened its first overseas R&D center in Munich, Ger...

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

oduction of the electric SUV "Jeep Wagoneer S", Continues investing in Mexico Ford: Increases production for the fourth consecutive year, raising prices of Mexican-made models in the U.S. Nissan: Increased production for the second consecutive year, begins production of the first e-POWER vehicle in North America Toyota: Began production of the new Tacoma, including HEV Honda: Begins production of Acura ADX, maintains production in Mexico Mazda: E...

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

ology (IFA), Vienna University of Technology; Slide: Copyright © PHINIA)   Looking at the global landscape for fuels we can see a notable shift towards alternative fuels. In California, for example, 50 % of the diesel fuel used consists of HVO (hydrogenated vegetable oil). In Central and South America, there is an initiative to use national ethanol feedstocks, while Europe has been recognizing H2 ICE as a zero emission vehicle technology. In...

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

14 countries (11 major countries and the three Nordic countries of Norway, Sweden, and Finland) were up 10.2% from the previous year to 10.3 million units. BEV sales have increased, as shown in the table below, but the rate of growth has slowed.   This breakdown shows a trade-off between growth in North America and a decline in Europe, especially in Germany, resulting in the increase in China alone contributing to the overall increase. *11 major...

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

of the Atmus Filtration Technologies Inc. (Atmus) business, which handles filtration solutions for commercial and off-highway vehicles (a decrease of approximately USD 1.3 billion). ・The engine division saw a sales increase of 0.2% y/y due to increased demand for medium-sized buses and trucks in North America. The Accelera division saw a 16.9% increase thanks to increased sales of electrolyzers. 13 15 Aptiv PLC 19,713 20,051 ・Invested appr...

Market & Tech Reports  Updated at: 2025/07/02

n tanks are mounted under the floor, minimizing the number of changes from the gasoline engine.     Liquid hydrogen tank (model): FTS   FTS Co., Ltd. (FTS) manufactures fuel tanks and related components, battery cases for PHEVs, and other products. Besides Japan, the company has operations in North America, Taiwan, Thailand, and Indonesia. The company exhibited a model of a liquid hydrogen tank.   Toyota has been competing in domestic and ...

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

rd of Management of Robert Bosch GmbH and Chairman of Bosch Mobility, who talked about the new role of Asia in the automotive industry and in particular about the dynamic development in China and India.   He started his lecture by comparing the difference of speed in transformation between Europe, North America and China.   The chart on the right shows that the production targets for BEVs set to be achieved in Europe by 2030 are quite ambitious...

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

ued to decline due to prevailing economic headwinds. Albeit sales in the US are beginning to slow as the industry pulls back on incentives. In other markets, sales in Japan and Korea remain robust, while in Argentina, sales experienced another month of rapid growth, up over 50% YoY. North America US Light Vehicle sales grew by 2.1% YoY in May, to 1.47 mn units. There was one extra selling day in May 2025 as compared with May 2024...

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

Total hydrocarbons (THC), which were previously outside the regulatory scope, will be regulated at 100mg/km.   Also in April 2022, the European Commission announced that, in response to the diesel fraud scandal, two new laboratories had been established at the Joint Research Center (JRC) in Ispra (northern Italy) to strengthen automotive emissions testing capabilities for the EU market. This has made it possible to determine and accurately monit...

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

then combined with the perceptual map to create a route solution. By using a neural network approach to motion planning rather than a rule-based approach, it is possible for the vehicle to drive autonomously in places it has never been before.   Currently, shuttle buses are in operation in Israel, North America, Germany, and Tokyo. Its major strengths are its low cost due to the fact that it does not require HD maps, and its hardware-independent...

Market & Tech Reports  Updated at: 2025/06/17

ve braking, but this time, the company exhibited a small model of the i-mobility BEV Concept and introduced its lineup of products related to electrification and safety, comfort, and convenience.   The FR1 motor hybrid transmission is used in the Toyota Tundra, a full-size pickup truck released in North America in 2022, and the Toyota Sequoia, a full-size SUV released in 2024. This is a single-motor parallel hybrid system (FR) developed for vehi...

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

Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery companies in China CATL FinDreams (BYD) Gotion High-tech CALB EVE Energy SVOLT Energy Sunwoda LG Energy Solution Panasonic     Click here for Thermal Management System of BEV Batteries (European, American and Chinese Markets)   In 2024, the production and sales of New Energy Vehicles (NEVs) in the Chinese market increased year-over year (y/y),...

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

future NextGen fuel cell system. EKPO presented its NM12 and next-generation NM20 fuel cell stack modules while Symbio showed its StackPack 75 fuel cell system. Forvia displayed hydrogen storage systems for a wide range of applications.   For OEMs, Honda's next-generation fuel cell module made its North American debut, being showcased with its current fuel cell module and Class 8 fuel cell truck concept. Toyota displayed its third-generation fue...

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

hanged from using traditional mechanical cables to electric wires.   There are also signs of change in the service brake system. In November 2022, Continental AG announced that its second-generation brake-by-wire system had been adopted for volume production of 2025 model year vehicles of a major North American OEM. The second-generation brake-by-wire system is compatible with EVs and autonomous driving, and eliminates hydraulics from the rear ...

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

ontributing to another impressive sales figure in April. Meanwhile, in China, sales have remained stable, buoyed by government stimulus measures. Conversely, Western Europe experienced a decline in sales, as EU consumer confidence plummeted to its lowest level in the past 17 months. North America US Light Vehicle sales grew by 11.3% YoY in April, to 1.47 mn units, and increasing by 7.0% YoY on aselling day-adjusted basis. The ann...

Market & Tech Reports  Updated at: 2025/05/21

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

train options.  Related reports:Mobile World Congress 2025 (2) ITS, SDV solutions (Apr. 2025)Mobile World Congress 2025 (1) AI and 5G (Mar. 2025)Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65% (Feb. 2025)Generative AI in Automotive Development (Jan. 2025)The Battery Show North America 2024 - Electric & Hybrid Vehicle Technology Expo (Nov. 2024)WCX 2024 (2) Improved vehicle sustainability and industry perspectives (May....

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

e year of market expansion. However, Mexico's economy, which showed significant growth in 2023, slowed significantly in the second half of 2024, and sales growth was not as strong as the previous year.   Automakers mainly meet domestic demand in Mexico with vehicles imported cars from China, South America, India, and other countries, and imports account for 66% of total sales. In particular, Chinese-made cars continue to increase, exceeding 30% ...

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

ntrenched, demand-led global annual output volumes could be undermined by more than 1 million units. -In 2027, Geely will overtake Ford and Honda to become the world's eighth largest manufacturer. Japanese OEMs are struggling with sales in China and production volumes are also falling. European and North American OEMs have significantly reduced production in the European region, reflecting sluggish demand. Meanwhile, Chinese manufacturers are exp...

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

that took effect on April 3 covers all non-U.S.-made products, and non-U.S. component prices are subject to the tax even if they meet the rules of origin of the USMCA (U.S.-Mexico-Canada Agreement). This will have a major impact not only on foreign OEMs from Japan, Korea, Europe, etc., but also on American automakers with global operations.   The reciprocal tariffs do not apply to automobiles and automobile parts, which are subject to the above...

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