ACT Expo 2026: Electric commercial vehicles impacting fleet sustainability Tesla, Hino, Harbinger, Slate highlight new models; Daimler, International show electric buses Summary Tesla shows mass-production version of Semi electric truck Hino debuts Le Series battery electric truck Harbinger enters complete vehicle segment with HC Series Cab Daimler and International highlight potential of electric school buses Slate showcases low-cost customizabl...

Market & Tech Reports  Updated at: 2026/06/12

.3% (Source: MarkLines Mexico export volume) U.S. tariffs increase   A key factor behind the decline in exports is the substantial increase in tariffs imposed by the United States. Since April 3, 2025, even USMCA (United States-Mexico-Canada Agreement)-compliant passenger cars and light-duty trucks have been subject to an additional 25% tariff on the non-U.S. content and value-added portion of the vehicle. In contrast, tariffs on non-USMCA...

Market & Tech Reports  Updated at: 2026/06/05

d the divergence between domestic sales and exports to contrasting demand drivers. Domestic growth was supported by EV-related incentives under the EV 3.0 and EV 3.5 frameworks, alongside improved consumer sentiment driven by bookings from the 2026 Bangkok International Motor Show. In contrast, ICE pickup truck sales remained weak due to tight lending conditions, subdued purchasing power, and high household debt. Meanwhile, export performance was...

Market & Tech Reports  Updated at: 2026/05/21

ew vehicle.   Given these circumstances, it is highly likely that HEVs will continue to maintain their position in the U.S. for the foreseeable future as an affordable means of electrification that balances fuel efficiency and convenience. Sales volume trend of passenger cars and light-duty trucks by powertrain in the USA(Source: MarkLines U.S. Sales Volume by Model) xEV Sales Share by OEM: Japanese OEMs captured roughly 70% of HEV sa...

Market & Tech Reports  Updated at: 2026/05/19

Tundra, Sequoia, and Tacoma, with total volumes averaging 488k units a year in 2024-29. The e-TNGA EV platform is set to be introduced to the region from 2026 with the launch of the Toyota Highlander EV Midsize SUV and the Subaru Trailseeker.   It is expected that Toyota Group will build a Compact Pickup for the North America market to slot below the Toyota Tacoma in its showroom. Noted as the Toyota C-Pickup in our forecast, the model is pegged...

Market & Tech Reports  Updated at: 2026/05/12

id battery" has been installed in a real vehicle on the drive battery industry platform under the FAW Group. The specific capacity of the cathode exceeds 300mAh/g, more than twice that of a high-performance LFP battery. FAW Jiefang's (FAW Jiefang Automotive Co., Ltd.’s) liquid hydrogen heavy-duty truck has begun its first public road vehicle demonstration run in China. Chery AI intelligence enters the 2.0 (AI+) era as Chery announces its "Ful...

Market & Tech Reports  Updated at: 2026/05/11

ging from 30–80% in as little as 15 minutes. Dimensionally, it measures 4,850 x 1,935 x 1,620 mm, with a 2,902 mm wheelbase. Mazda CX-6e (LHD) Mazda CX-6e (LHD)'s cabin   Isuzu Motors brought a total of 15 vehicles to the event, including 10 production models ranging from the D-MAX pickup to the MU-X SUV, alongside five specially customized units. Adding a dynamic touch to the display, the company also introduced its new mascot, ...

Market & Tech Reports  Updated at: 2026/05/08

Pickup Truck Market Analysis The number of competing mid-size models is increasing Summary Global sales trends of pickup trucks (P/U) Pickup truck (P/U) sales by model Electric pickup truck (P/U) China's pickup truck (P/U) market   Pickup trucks (P/U) are an unfamiliar segment in Japan, but there are markets where they hold a significant share depending on the country or region. In terms of P/U sales volumes for 2025, the U.S. accounts for the ...

Market & Tech Reports  Updated at: 2026/04/13

vehicles, batteries, and powertrains. The plant has already received orders for 100,000 units destined for Argentina and Mexico. Great Wall Motor has acquired a former Mercedes-Benz plant, started production there, and is pushing forward with the introduction of hybrid electric vehicles (HEVs) and pickup trucks. Chery Automobile Co., Ltd. (Chery) maintains stable production capacity through its partnership with CAOA, an automotive company that o...

Market & Tech Reports  Updated at: 2026/04/08

ded at this event will increase by 10% compared to the previous event.   According to an analysis by the Federation of Thai Industries (FTI), the decline in February sales was mainly due to a slowdown in electric vehicle demand following the end of the government's EV3.0 incentive scheme. Sales of pickup trucks and ICE-powered passenger cars also decreased due to the economic downturn and stricter lending conditions resulting from declining purc...

Market & Tech Reports  Updated at: 2026/03/27

and certified for safety in the U.S. without additional testing for Japanese domestic sales. This will facilitate efforts by Japanese automakers, such as Toyota, that are considering importing U.S.-produced vehicles into Japan. Toyota is considering importing the mid-size sedan Camry, the full-size pickup truck Tundra, and the Highlander mid-size SUV. Also under consideration are Honda's mid-size pickup truck Ridgeline and mid-size SUV Pilot, as...

Market & Tech Reports  Updated at: 2026/03/03

Chinese OEMs Dominate BEV Market in Thailand with Over 20% Share Rapid growth of NEVs, expanding product lineup from SUVs to pickup trucks Summary Chinese vehicle sales grow 5.2 times in 5 years Analysis of sales volume by OEM: Chinese OEMs enter Top 5, Japanese OEM volume shrinks NEV Ranking: Chinese OEMs lead the way in BEVs and PHEVs Product trends: From compact EVs to a full-scale product lineup Switching from exporting Chinese-made models to...

Market & Tech Reports  Updated at: 2026/02/24

5% YoY to 621,166 units. December alone recorded 75,121 vehicles sold, nearly matching the more than 75,000 bookings generated at the December 2025 Motor Expo.   Growth was supported by higher registrations of electrified vehicles, particularly in the final month of EV 3.0 incentives. In contrast, pickup truck sales remained subdued amid tight lending, high household debt, and cautious consumer spending. At the same time, improved financing cond...

Market & Tech Reports  Updated at: 2026/02/20

5, 2025) China Chilltech Auto Parts Plastic parts for vehicles Frel Filter System Air filters for machinery and vehicles GAC Energy Technology (Thailand) Service centers for repairing used electric vehicle batteries Jiatai Industrial Technology (Thailand) Chassis for forklifts and chassis for trucks Mingyang Autoparts (Thailand) Vehicle parts and plastic components used for the interior and exterior of automobiles Quark Manufacturing (T...

Market & Tech Reports  Updated at: 2026/02/17

Thailand International Motor Expo 2025 (2) Japanese OEMs and Others Mitsubishi, Mazda, Suzuki, Nissan, Toyota, Honda, Isuzu, Hyundai, NEX Point, etc. Summary Mitsubishi：XFORCE HEV, Xpander HEV, Xpander Cross HEV Mazda: Mazda6e (mass-production BEV) Suzuki: Fronx, Swift Nissan: X-TRAIL e-POWER x e-4ORCE Toyota: Hilux Travo (pickup truck), Hilux Travo-e (BEV) Lexus: Lexus RZ, Lexus LX 500d Honda: CR-V e:HEV (HuNT Series) Isuzu: D-MAX X-SERIES BMW...

Market & Tech Reports  Updated at: 2026/01/27

Chery: Electric SUV "Chery V23 Retrocube Edition," 7-seater SUV "TIGGO 8 CSH PHEV" Omoda & Jaecoo: Multi-purpose SUV "Jaecoo 6T EV," Humanoid Robot "Mornine" DFSK (Seres Group): Mid-size SUV "E5 Plus" GAC: Autonomous Flying Vehicle "Govy AirCab" Geely: Compact City EV "Geely EX2" RIDDARA: Electric Pickup "RIDDARA ECON" ZEEKR: Electric Minivan "ZEEKR Mix," Luxury MPV "ZEEKR 009 GRAND" Farizon: Electric MPV "Farizon SV," Electric Cargo Van "Farizo...

Market & Tech Reports  Updated at: 2026/01/16

in North America, to 3.2%. Its volumes are also thought to have declined by 8.4% YoY, although the fact that Tesla does not break out reported sales by country or model creates a layer of uncertainty. If we were to look only at the Premium and Super-Premium segments - which excludes the Tesla Cybertruck Large Pickup - the automaker accounted for 20.3% of sales in January-October, down by 1.6 pp YoY. This would still make Tesla comfortably the le...

Market & Tech Reports  Updated at: 2026/01/14

data)   Figure 2 shows the market shares of the A-segment in Japan, China, and India. In Japan, the market share remains around 30%, while there is a slight increase in China and a slight decrease in India.   The U.S. market is dominated by larger segment vehicles such as C-D segment SUVs and pickup trucks, with almost no A-segment vehicles on the market (Figure 3). This may be due to the low demand for minicars in different automobile use ...

Market & Tech Reports  Updated at: 2025/12/26

in-house manufacturing plants OEM Country Plant Products Ford England Ford Halewood Transmissions Ltd. Electric power units (drive motor + gearbox) (2024~) Volkswagen, VW Group Germany Salzgitter Plant Rotors and stators for drive motors (2019~) Mercedes-Benz Group, Mercedes-Benz, Daimler Truck, Mercedes-Benz Truck Germany Stuttgart-Untertürkheim Plant Brühl sub-plant: eATS (2024~) Mercedes-Benz Group, Mercedes-Benz Germany Hamburg ...

Market & Tech Reports  Updated at: 2025/12/09

ine PHEV Plug-in hybrid electric vehicle PF Platform SDV Software defined vehicle ZEV Zero emission vehicle (Note that subject vehicles may differ in each country) gpm grams per mile mpg miles per gallon LDV (EPA definition) Light-Duty Vehicle LDT (EPA definition) Light-Duty Truck (GVWR 8,500lbs or less) MDV (EPA definition) Medium-Duty Passenger Vehicle - GVWR less than 10,000lbs HDV (EPA definition) Heavy-Duty Vehi...

Market & Tech Reports  Updated at: 2025/12/01