h JPY 1.2 trillion will be invested in India. The investments in India include JPY 550 billion to increase production capacity including building a new plant, JPY 400 billion for the preparation of the production of new models, JPY 100 billion for carbon neutrality and the realization of the Suzuki Smart Factory (SSF), and JPY 150 billion for quality and efficiency measures. The plan includes investments for R&D of JPY 2 trillion from FY2025 to ...

Market & Tech Reports  Updated at: 2025/05/15

ive modes, including 2 modes for EV driving. Mitsubishi's press stage Mitsubishi Xforce HEV   Also sharing the spotlight at the booth were the limited-edition Mitsubishi Xpander HEV PLAY and Xpander Cross HEV PLAY-the latest additions to the Xpander series. These exclusive models feature factory-installed black-themed styling kits, giving them a bold and distinctive new look. Designed to deliver an exceptional driving experience under ...

Market & Tech Reports  Updated at: 2025/05/08

rbags while reducing GHG (greenhouse gases) emissions by approximately 50%. An airbag worn by the rider was unveiled at EICMA, one of the world's largest motorcycle trade shows, held in Milan, Italy in November 2023. The company is simultaneously developing a connectivity system that will work with smartphones to contact emergency services in the event of an accident and provide data feedback to Autoliv. In June 2023, the company announced airbag...

Market & Tech Reports  Updated at: 2025/04/24

Chinese Market Q1 2025 Promoting the spread of advanced intelligent driving; planning the launch of NEVs including REEVs Summary Trends of Chinese OEMs (Q1 2025) Trends of major non-Chinese manufacturers (Q1 2025) Policies related to China's automotive industry (Q1 2025) Major Chinese OEM's 2025 Q1 sales volumes (ex-factory) BYD Advanced Intelligent Driving presentation (Source: BYD)   The China Association of Automobile Manufacturers (...

Market & Tech Reports  Updated at: 2025/04/24

Huawei Smart Car Model Comparison and Sales Status Automotive sales up five-fold y/y; new model Aito M8 launching in collaboration with Seres Summary Smart Car Solutions Business Huawei HIMA smart car sales volume Huawei HIMA smart car Equipment Comparison Trends in partnerships between solutions and parts supply Aito M8 (new model developed by Huawei and Seres, launching in April 2025) (Source: Aito's official Weibo)  Huawei Technologi...

Market & Tech Reports  Updated at: 2025/04/16

he company will strengthen its autonomous driving, robotics, and AI businesses. In partnership with Boston Dynamics and NVIDIA, the company aims to commercialize eVTOL (flying cars) by 2028. This investment is expected to create 14,000 direct jobs in the United States by 2028.   Hyundai Group's US factory OEM Plant Production capacity (units/year) Production performance (2024) Production Model Products other than vehicles Hyundai Hyunda...

Market & Tech Reports  Updated at: 2025/04/07

Smart Energy Week Spring 2025 (1) FCVs, FC units, Hydrogen-related Products Next generation FC modules, components for FC systems, hydrogen tanks, separators, and more Summary Exhibition of Toyota and Honda’s FCVs and hydrogen-related products Fuel cell systems (cellcentric, AVL, Symbio, OPmobility, EKPO Fuel Cell, NEXTY Electronics) Components for FC systems (Bosch, MANN+HUMMEL, IHI, OPmobility, Faurecia) FC related parts and materials (Nishim...

Market & Tech Reports  Updated at: 2025/03/21

oor area of approximately 300,000 square meters. The new facility will take on the development and manufacturing of core technologies for autonomous driving, including electric drive products equipped with new-generation SiC power modules, integrated braking systems, decoupling braking systems, and smart drive solutions. In February 2022, Bosch India announced that it opened a research and development center in Hyderabad, India. The center is eng...

Market & Tech Reports  Updated at: 2025/03/21

public with an initial public offering (IPO) and was listed on the Indian stock exchange. Ola Electric has also developed various e-mobility technologies, including battery cells, operating systems, and motors.   Ola manufactures electric two-wheelers and key mobility components at its Ola Future Factory in Krishnagiri, Tamil Nadu. It has an installed capacity of one million electric two-wheelers. The facility also produces battery packs, motor...

Market & Tech Reports  Updated at: 2025/03/13

Changan Auto: Targeting Sales of 5 Million Units in 2030 Smart Strategy announced; deepening partnership with Huawei Summary Strategic plan: Sales target of 3 million units and exports of 1 million units in 2025 Electrification: Installation of solid-state batteries in 2030, deepening partnership with CATL Intelligent: Achieving L3 autonomous driving capability by 2026, deepening partnership with Huawei Changan Auto Group’s sales volume in Chi...

Market & Tech Reports  Updated at: 2025/03/12

ues exceed CNY 480 billion, jumping to second in passenger car sales in China Core Technology: Shift from electrification to intelligent vehicles; accelerating AI Overseas Trends: No. 1 in passenger car exports for 22 consecutive years, building a plant in Spain Chery Group's sales volume in China (factory shipments) GlobalData Sales Forecast: Chery Group to Sell 2.45 Million Light Vehicles in 2028 Chery Group's representative NEV models(So...

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

ompany has consolidated its about 20 platforms, with most models now supported by five platforms. The STLA platform, developed exclusively for EVs, is now also used for HVs and internal combustion engine vehicles and is available in four types: STLA Small, Medium, Large, and Frame. The fifth is the smart car platform used by the Citroen C3 and C3 Aircross. All-new EV and PHV launch (2024) Brand Model Overview Alfa Romeo Junior The Junior w...

Market & Tech Reports  Updated at: 2025/03/05

s held at the Tokyo Big Sight convention and exhibition center. According to an announcement by the organizer, RX Japan Co., Ltd., the total number of visitors for the entire Automotive World exhibition (3-day total), including concurrent NEPCON (Electronics R&D and Manufacturing Technology Expo), Factory Innovation Week, and Smart Logistics Expo events, was 85,430, up from 77,744 last year. This report, as the third in a series on electrificat...

Market & Tech Reports  Updated at: 2025/02/28

Tokyo Big Sight convention and exhibition center.   According to an announcement by the organizer, RX Japan Co., Ltd. (RX Japan), the total number of visitors for the entire Automotive World exhibition (3-day total), including concurrent NEPCON (Electronics R&D and Manufacturing Technology Expo), Factory Innovation Week, and Smart Logistics Expo events, was 85,430, up from 77,744 last year.   This report will introduce the exhibits of motors, ...

Market & Tech Reports  Updated at: 2025/02/27

nese-OEMs share exceeds 65% Sales by vehicle type : SUVs account for 53.8% of the PV market; many BYD in the Top 10 sedans and hatchbacks NEV sales exceed 10M units, accounting for 40% of the market Exports/Imports: Exports up 19.3% y/y to 5.9M units, with Chery leading the way 2024 vehicle sales (factory shipments) by major group in China   For the full year of 2024, new vehicle sales in the Chinese market increased by 4.5% to 31.436 m...

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

2019 Summary 2024 Sales: Top in China with 4.272 million units, up 41.3% y/y; most are D-segment vehicles Product trends: Expansion of models and accelerating overseas expansion of each brand Core technologies: Promoting BEVs and PHVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded to Southeast Asia, Europe, South America, and other regions Overseas trends: Overseas passenger car sales...

Market & Tech Reports  Updated at: 2025/02/18

pe:   Founded in 2014 amid China’s air pollution crisis, NIO’s mission was "Blue Sky Coming". Guided by this vision, NIO has expanded in Europe.   -Oxford and Budapest - focused on vehicle engineering and power solutions.   -Berlin - the NIO Innovation Center will lead the development of NIO Smart Driving Assistance Systems, tailored to the needs of European users   -Munich - Global Design Headquarters, responsible for the design of all N...

Market & Tech Reports  Updated at: 2025/02/12

Tokyo Big Sight convention and exhibition center.   According to an announcement by the organizer, RX Japan Co., Ltd. (RX Japan), the total number of visitors for the entire Automotive World exhibition (3-day total), including concurrent NEPCON (Electronics R&D and Manufacturing Technology Expo), Factory Innovation Week, and Smart Logistics Expo events, was 85,430, up from 77,744 last year.   This report introduces the exhibits related to elec...

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

xpanded from 6 million cells of the former LEJ to 8 million cells to meet the needs for PHVs and energy storage systems (ESS).   The company will also strengthen its cooperative relationship with Honda regarding lithium-ion batteries. For lithium-ion batteries for HVs, the company will invest in a factory run by its joint venture company Blue Energy Co., Ltd. (Blue Energy), aiming for an annual production capacity of 70 million cells in FY2025 (...

Market & Tech Reports  Updated at: 2024/12/24

ny Indian OEMs like Maruti Suzuki, Hyundai, Tata Motors, etc. are now launching their popular models, particularly compact and mid-size vehicles, in CNG variants. The adoption of CNG vehicles is high, with some consumers even opting to install CNG kits after purchasing a car, rather than opting for factory-fitted CNG options.   CNG vehicles have widespread adaptability due to relatively lower cost compared to gasoline and diesel, better milage a...

Market & Tech Reports  Updated at: 2024/12/23