According to the Federation of Thai Industries (FTI), Thailand’s vehicle production in Q2 2025 started with a slight year-on-year (YoY) decline of 0.4% in April. Production rebounded in May, rising 10.3% YoY to 139,186 units, marking the first increase in 21 months, driven by a surge in BEV and PHEV output. Growth continued in June, with production up 12.0% YoY to 130,223 units; however, overall volumes remained modest.   After revisions t...

Market & Tech Reports  Updated at: 2025/08/28

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (July 2025) Electric vehicle sales in July increase 18.5% y/y to 1,392,000 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) About this report...

Market & Tech Reports  Updated at: 2025/08/26

industry   In terms of China's carbon emissions, the transportation sector accounts for about 10% of total carbon emissions, of which road transportation accounts for 85%. Based on China's "dual carbon" goal (carbon peak-out by 2030 and carbon neutrality by 2060), the NEV (New Energy Vehicle: BEV, PHEV, FCEV) and drive battery industries are developing rapidly, stimulating the rapid growth of the battery swap industry.   Leveraging its strength...

Market & Tech Reports  Updated at: 2025/08/22

seen an increase in the adoption of power steering systems manufactured by China Automotive Systems, Inc., a Chinese steering system manufacturer, backed by their success in the Chinese market. This company’s products are applied to high-end models in the European market such as the Jeep Compass PHEV and the Alfa Romeo SUV, Tonale PHEV. In the North American market, the company is expanding its business through a tie-up with Stellantis-FCA. Sc...

Market & Tech Reports  Updated at: 2025/08/21

power devices, exhibited recent teardown components and power modules.   At Automotive World in January 2025, the company exhibited the inverter and PCS of the Tesla Cybertruck, and the OBC+DC/DC converter of the Xiaomi SU7. At this expo LTEC exhibited a Renault 5 E-TECH OBC, and a BYD Qin L DM-i PHEV inverter, power module, and other components.   The Renault 5 is a super BEV with two in-wheel motors with a maximum output of 200kW placed on t...

Market & Tech Reports  Updated at: 2025/08/19

increase. Japanese and European manufacturers are struggling across the board, with a few exceptions. Figure 1: Global sales share by powertrain (Source: MarkLines - Automotive Sales data)   Looking at sales by powertrain, BEV sales expanded by 31.3% compared to the previous year, while PHVs and HEVs also increased by more than 20% (Table 1).   Looking at BEV sales by country and region, in addition to a strong 42.8% year-over-year (...

Market & Tech Reports  Updated at: 2025/08/18

erseas bases in the United States, Thailand, China, Indonesia, and other countries. As for automotive parts, the company manufactures engine parts, driveline parts, shock absorber parts, electric-related parts, etc. The exhibited product is a reactor core. The inverter unit installed in hybrid and PHEV vehicles has a voltage booster (reactor) that increases the output (voltage) to the motor, and this is the core of that device. Cores manufacture...

Market & Tech Reports  Updated at: 2025/08/14

tion Organizational restructuringSAIC Group will combine brands such as Roewe, MG, and Rising to form its "Passenger Car Group." Through consolidation, the R&D, supply chain, and sales channels will be linked. In research and development, the development cycle for NEVs (New Energy Vehicles - BEVs, PHEVs, FECVs) will be shortened by a significant 30%, and component commonality will be increased to 75%, lowering production costs and increasing ene...

Market & Tech Reports  Updated at: 2025/08/12

and production of domestic brands grew by 19% y/y. New Energy Vehicles (NEVs) In July, wholesale volumes of New Energy passenger cars totaled 1.147 million units, up 22.3% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 736,000 units, up 44.8% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 336,000 units, up 3.3% y/y; range-extended electric vehicle (REEV) volumes totaled 109,000 units, down 6.2% y/y; and hybrid vehi...

Market & Tech Reports  Updated at: 2025/08/12

6,065 39,683 Spain Valladolid 9 Rafale SUV(Class D) 〇 2024 9,791 8,406 Spain Palencia - Dacia Bigster SUV(Class C) 〇 〇 2025 - 11,317 Spain Valladolid (Source: Created based on MarkLines Electrified Vehicles by Model and Renault Group Sales by Model (2024/2025 Monthly))  Renault Group PHEV Europe Sales Model Lineup (2025) Model Segment Battery Capacity(kWh) Start of Sales Sales Volume(23 European Countries) Production Country P...

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

area of 28,000 square meters and includes administrative offices, a product research and development center, an engineering and testing center and its Asian Innovation Workshop. The state-of-the-art facility is used to develop automotive seating and electrical components such as smart seats, EV and PHV products, and power distribution systems. It also develops complex gateway modules and the latest connected car technologies. Development activ...

Market & Tech Reports  Updated at: 2025/08/06

e-grade chips, and promotion of technology innovation. Great Wall Motor Intelligent Super Platform Great Wall Motor Company Limited's next-generation all-power Smart Super Platform was announced in May 2025. The platform is designed for mid-size and larger luxury models and is compatible with PHEV, BEV, FCEV, HEV, and ICE systems. Changan Automobile Restructuring plan postponed On June 5, Chang'an Automobile Co., Ltd. (Changan) announ...

Market & Tech Reports  Updated at: 2025/08/01

PHEV Development Trends and Patent Analysis Overview of development items and technologies from Huawei, Honda, and others Summary Patent application trends related to PHEV development Advanced Integrated Battery Thermal Management System (Jiangsu University, China North Vehicle Research Institute) Highly Integrated and Space-saving Technology for Vehicle Components (Huawei Digital Power Technologies Co., Ltd.) Electromagnetic Noise Suppression an...

Market & Tech Reports  Updated at: 2025/07/30

Mitsubishi Motors: Strengthening HEVs in Thailand, Foxconn supplying BEVs Launching next-generation Nissan Leaf-based BEV produced in the U.S. Summary "Challenge 2025" - Mid-Term Business Plan: Shift from the aggressive launch of BEVs to the enhancement of HEVs and PHEVs Japan market: Double-digit year-over-year growth in 2024, aiming for 80% HEVs and 20% BEVs by FY2030 North American market: Collaboration with Nissan to launch next-generation Ni...

Market & Tech Reports  Updated at: 2025/07/30

Extended Range EV (EREV) Trends in the Chinese Market More models introduced and sales continue to grow Summary EREV powertrain classification EREV monthly sales by model EREV features and future outlook   As sales of New Energy Vehicles (NEVs: BEVs, PHVs, FCVs) continue to expand in the Chinese market, the number of EREV (Extended Range Electric Vehicle) models being introduced is expanding and sales volume is increasing.   Of the top 10 selli...

Market & Tech Reports  Updated at: 2025/07/28

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (June 2025) Electric vehicle sales in June increase 13.3% y/y to 1,483,000 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) About this report...

Market & Tech Reports  Updated at: 2025/07/28

e company will develop two NEV-specific platforms for the Chinese market, equip them with a new E/E architecture, and continuously update the intelligent hybrid Shuang Qing HEV. The company will pursue three hybrid technology paths including the acceleration of the introduction of high-performance PHEVs, and the launch of high-performance range extender EVs for the first time.  Regarding intelligence, Toyota China will build an AI ecosystem and...

Market & Tech Reports  Updated at: 2025/07/22

with Stellantis Li Auto: First BEV model equipped with the VLA(Vision-Language-Action model) autonomous driving architecture XPeng: Developing E/E architecture with Volkswagen, installing in-house developed semiconductors   According to MarkLines data, China NEV (New Energy Vehicles: BEVs, PHEVs, and FCEVs) sales in 2024 reached 12.866million units. Of these, the emerging automakers Li Auto, Leapmotor, and XPeng had combined sales of 981...

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

g plant in Germany, and the transfer to the Puebla plant is being considered as part of management cost reduction measures. Audi starts production of the new Q5 In November 2024, Audi began production of the new Q5 D-Class SUV at its San José Chiapa plant. The company announced the addition of a PHV to its lineup in June 2025, which will be produced at the plant. VW Group's Mexico-produced models   Production in 2024 increased for the four...

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

in "Novaduran" has impact resistance more than 10 times that of conventional non-reinforced flame-retardant PBT resins. It also has excellent flame retardancy, weather resistance, and tracking resistance, making it suitable for large design parts such as charging plugs and stand covers for BEVs and PHEVs, and high-voltage electrical parts.   Sumitomo Chemical Co., Ltd.: Engineering plastics for EVs (rotor end caps, IWM covers) Engineering ...

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