announcements of additional tariffs by the Trump administration, the most impactful on the automotive industry is the additional 25% tariff on automobiles and automotive parts based on Section 232 of the 1962 Trade Expansion Act. The additional tariff came into effect on April 3.   If the rules of origin of the USMCA (United States-Mexico-Canada Agreement) are met, the additional 25% tariff on automobiles and automobile parts under Section 232 w...

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

mported vehicles, but also on the supply chain of the entire automotive industry. In particular, the additional 25% tariff on automobiles and auto parts 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 o...

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

by other materials, this report is primarily based on an interview with QNX's representatives: Mr. Louay Abdelkader, Director of Product Management for OS & Virtualization, and Mr. Angelos Lakrintis, Industry Analyst Relations Manager.   QNX overview   QNX is a division of BlackBerry Ltd. It was originally founded as a Canadian company called QNX Software Systems Ltd. in 1980 and was acquired by BlackBerry in 2010. Formerly known as the “Bla...

Market & Tech Reports  Updated at: 2025/03/11

s, radars and ultrasonic. The performance of its main ECU was listed as 800 TOPS with AI features. An interesting feature is a media bar on the front with display messages to other road users. The picture shows the display reading: Afeela. Afeela 1 (Source: Afeela)   There are two models, Origin (starting price of USD89.9K) and Signature (staring price at USD102.9K). Price includes 3-year free subscriptions for Afeela Intelligent Drive ...

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

    Great Wall Motor's CES 2025 exhibit displayed various technologies and vehicles including the Hi4 hybrid technology platform, Coffee Pilot Ultra intelligent driving system, SOUO S2000 motorcycle and Wey Lanshan flagship SUV.   Wey Lanshan SUV   The Wey Lanshan is a plug-in hybrid SUV which originally launched in China in April 2023. A different version for overseas markets called the Wey 07 launched in October 2024. Both models are six-s...

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

0-400,000 level.   U.S. retail volume and import volume by brand (by country) data can be downloaded here   U.S. imports (aggregated by country) Note: Total as of December 18, 2024 Imports from Canada from 2022 onwards are N/A and are not included in the total import volume. (units) Country of origin 2018 2019 2020 2021 2022 2023 2024(Jan.-Nov. total) Mexico 2,566,701 2,669,413 2,135,041 2,071,668 2,221,912 2,554,551 2,329,463 Korea 755,...

Market & Tech Reports  Updated at: 2024/12/26

ating permit · No PUC permit in California · Multiple years of testing needed Texas AV permits · Same story as California · Texas may be more lenient than CA FMVSS= Federal Motor Vehicle Safety Standard; PUC=Public Utilities Commission Source: VSI Labs, October 2024   GM announced its Origin robotaxi in January 2020 without steering wheel and driving pedals. GM petitioned NHTSA in February 2022 for the Origin to be exempt from feder...

Market & Tech Reports  Updated at: 2024/11/25

) abolished in 2035; Separate proposal regarding sales of CO2-neutral fuels (eFuel, hydrogen, biofuels, etc.) consistent with EU regulations. In February 2023, for heavy-duty vehicles, the European Commission announced a revised proposal, changing the reduction after 2030 compared to 2019 from the original 30% → 45%, and after 2035 and 2040, reductions of 65% and 90%, respectively, compared to 2019. Subsequently, an exception was made, allowin...

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

globally in the future.   2) Status of each supplier Denso Corporation / Toyota Industries Corporation Denso ▶ recent activities Toyota Industries ▶Recent activities [Company and Business Overview] Both companies are major suppliers to the Toyota Group, and Toyota Industries is in fact the origin company of the Toyota Group. Denso Corporation (Denso) is a global mega-supplier whose business units consist of Thermal Systems including HVAC...

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

art-ups have been announced.   Conversely, the company has also shown a more pragmatic and cost-oriented direction by integrating BrightDrop, which was launched as a subsidiary dedicated to commercial vehicles for production investment, into the Chevrolet brand and discontinuing the development of Origin, a dedicated self-driving vehicle.   While it is partially revising its joint development with Honda Motor Co., Ltd. (Honda), it has also anno...

Market & Tech Reports  Updated at: 2024/10/08

's Model e Division, which handles EVs, still expects a full-year loss of USD 5~5.5 billion.   During the company's second-quarter earnings announcement, General Motors CEO Mary Barra said the company will use Chevrolet's new Bolt EV for future autonomous vehicle development, instead of the Cruise Origin self-driving car, which is being discontinued.   The U.S. Department of Commerce is reportedly planning to propose a ban on the use of Chinese...

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

FCEVs and Fuel Cells, Chargers and Charging Technologies From coverage of the JSAE 2024 in Yokohama exhibition Summary FC systems, stacks (Honda, Toyota Boshoku, Tokyo R&D, Intelligent Energy, Schaeffler, Dana) Hydrogen tanks, hydrogen-related parts (Toyoda Gosei, Forvia, JTEKT, Aisan Industry) V2X, external power supply (Honda, Sumitomo Electric Industries, Nichicon, Origin, Bell Energy, TPR) Charger related parts, wireless power transfer (Amphe...

Market & Tech Reports  Updated at: 2024/07/11

nits/year. Purchases by rental companies continue to uplift the PV market as the rental channel was up 15.4% in June. France continues to see weak registration figures — headwinds to the market this year include the ending of the social leasing program and restrictions on BEV subsidies related to origin. The French PV market registered 182k units in June, a 4.8% decline YoY. France has been in political turmoil since the results of June’s Eur...

Market & Tech Reports  Updated at: 2024/07/10

duce the Chevrolet Silverado EV pickup truck and the GMC Sierra EV. GM has invested over USD 2.2 billion to move production of the Hummer EV to the Factory Zero Detroit-Hamtramck Assembly Center. Going forward, there are plans to assemble the Silverado, Sierra EV and the self-driving vehicle Cruise Origin at Factory Zero. In November 2022, the company announced a USD 526.4 million investment in three Southeast Michigan locations to expand its ope...

Market & Tech Reports  Updated at: 2024/07/04

Sustainable Manufacturing: the Battery Passport. This solution promotes sustainable practices in global battery supply chains.   By definition, the Battery Passport is a digital record or identification system that tracks important information about a battery throughout its lifecycle, such as its origin, materials used, energy capacity, and recycling instructions. The use of the passport ensures transparency and traceability in the supply chain...

Market & Tech Reports  Updated at: 2024/06/04

hten regulations, but the draft Euro-7 issued in November 2022 avoided tightening regulations on NOx, and the current level of 60mg/km is maintained. However, the regulatory trend has not stopped, and in the Euro-7 draft, fine particulate matter (PM10) generated from tires and brakes, which are not originally related to exhaust emission regulations, are now also subject to regulation.   Japan   Exhaust gas regulations were tightened in Japan in...

Market & Tech Reports  Updated at: 2024/05/30

obal commercial vehicle distribution and Chinese-product market share   Global sales of commercial vehicles in 2023 totaled 12.36 million units, with Chinese commercial vehicles accounting for 32.6% of the total. Of the markets outside China (9.1 million units), 8.0% of the products are of Chinese origin (of which 2.7% are NEVs).   Looking at the share of Chinese-made automobiles in various regions of the world, that is: 49% in Eastern Europe a...

Market & Tech Reports  Updated at: 2024/04/30

on vehicles (using 2019 figures), hence the need for capacity shedding. Until recently, the future of Ellesmere Port (UK) seemed secure following a GBP100 million investment to build electric ‘K9’ Vans there, despite plant capacity falling from 190k to 50k. However, an update to the “rules of origin” in the UK-EU trade deal from 2024 has called its viability into question once again. For now, production should increase again in Q1 2024 (+...

Market & Tech Reports  Updated at: 2024/01/29

ts or acquiring closed plants of other OEMs. The companies also working towards their new range of electric vehicles and announced their plan for the next few years for electric vehicles.   In this report, the investment plans of mid-size OEMs are analyzed, which are mostly of Japanese or European origin. They are among the world's biggest automakers and are trying to increase their presence in the growing Indian market. The report also covers u...

Market & Tech Reports  Updated at: 2023/12/28

European Market: EVs Reach 15% of New Vehicle Sales; Chinese BEVs Increase Expansion of EV battery production, acceptance of e-fuel engine vehicles Summary UK defers ban on sale of ICE vehicles from 2030 to 2035 National governments support EV battery production; OEMs conducting in-house development and production Factors hindering EVs from spread: New Euro 7, EU-UK rules of origin, and subsidies on China-built EVs EV sales increase by 54% y/y to...

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