hi Xiangwang M8 equipped with Qiankun intelligent driving technology will be the first test model. Battery swap partnership (CATL) A comprehensive strategic alliance agreement with CATL was signed in April 2025. The Group-affiliated vehicles Aion UT, Aion RT, 2nd generation Aion V, and an A-Class SUV to be released will introduce chocolate bar-shaped battery swappable models. Hong Kong market The company officially announced the launch of "Ho...

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

lts report that the company will utilize OEM consignment production supply from its partners to respond to markets that require BEVs, and MMC will focus on developing PHEVs and HEVs itself.   In FY2025 (April 2025 to March 2026), besides an improved version of the Outlander PHEV mid-size crossover SUV, which was already launched at the end of the previous fiscal year, the company plans a full-scale launch of the Xforce HEV, which made its world ...

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

/ drive Power generation Externally supplied energy Electricity / fuel Electricity / fuel Fuel (Source: Compiled from MarkLines Electrified Vehicles by Model and various sources.)   All of the top 10 EREV models in the Chinese market went on sale after 2022 and are D-segment and E-segment SUV models, with a driving range of around 1,300km in CLTC mode.   The highest-selling EREV in the January-May period of 2025 was Li Auto's Li L6, of...

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

kia, the Czech Republic and Croatia in June 2025.   On July 1, BYD held a line-off ceremony for its first locally produced vehicle at the BYD Camaçari Plant in Bahia, Brazil. Initially, the company plans to produce the Dolphin mini, a BEV subcompact hatchback, followed by the Song Pro, a mid-size SUV. BYD has reportedly requested the Brazilian government to reduce import taxes on SKD kits to 10 percent for 12 months. Currently, SKD kits are tax...

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

ew by 2.4% YoY due to robust activity in Indonesia rising from a low base in 2024, while assembly in Thailand remained flat. In Europe, RNM build remained largely flat (-0.2% YoY) with Nissan contracting while Renault and Dacia both grew. Nissan’s YoY losses arose from the ageing Qashqai and Juke SUVs ramping down, while Renault volumes expanded due to the scaling up of the new Renault 4, 5 and Symbioz. Dacia also saw impressive growth from the...

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

er, IAV could easily develop a concept, which can be brought to market quickly and without high additional costs.   To accomplish the BEV to REEV transition across different scenarios, IAV focused on two series-production battery electric vehicles that exemplify distinct market segments: C-segment SUV and E-segment sedan. Battery capacity Influence of battery capacity on electric range in WLTC for C- SUV and E- sedan REEVs starting from th...

Market & Tech Reports  Updated at: 2025/07/17

apmotor released its LEAP 3.5 architecture, a technology the company developed independently. The company announced that it has entered into a strategic alliance with China FAW Group Co., Ltd. (China FAW) and will work with Stellantis to develop international markets. Li Auto unveiled its first BEV SUV, the Li i8. The company also announced its autonomous driving architecture, MindVLA, and its in-house developed operating system, Li Auto Halo OS....

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

ent Production and exports: 2024 volumes were the highest ever, but export volumes are on the decline following the inauguration of the Trump administration GM: Producing three EV models, considering transferring some pickup truck production to the U.S. Stellantis: Starts production 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...

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

below, with the liquid cooling system being the mainstream at this time. Region OEM Model Model year Segment Natural air cooling Liquid cooling Air conditioning refrigerant Europe Audi Q8 e-tron 2023 E 〇 BMW I5 / i5 Touring 2023 E 〇 BMW MINI Aceman 2024 B 〇 Mercedes-Benz EQE SUV 2023 E 〇 Renault 5 / 4 E-TECH Electric 2024 B 〇 Stellantis Peugeot E-3008 / E-5008 2024 C 〇 Stellantis Fiat 600e 2023 B 〇 ...

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

Cadillac in history, accelerating from 0-100km/h in 3.3 seconds and with a top speed of 210km/h. The cockpit is equipped with a 70-inch AR-HUD system and a 7.1.4 Dolby Atmos audio system. Lyriq-V   Additionally, the Cadillac brand exhibited several EV models, with the full-size flagship SUVs Escalade IQ and Vistiq making their China debuts. Escalade IQ Vistiq Optiq   Buick   At the show, the Buick brand exhibit...

Market & Tech Reports  Updated at: 2025/06/30

V   Mitsubishi Motors Corporation exhibited the Outlander PHEV, which was announced in October 2024. It is powered by a DOHC 16-valve 4-cylinder engine, a motor with peak output of 85kW (front) / 100kW(rear), and a 22.7kWh lithium-ion battery with approximately 10% more capacity. It is a crossover SUV with an extended pure EV range of more than 100km (approx. 20km) and improved dynamic performance and comfort.     The Outlander PHEV's storage ...

Market & Tech Reports  Updated at: 2025/06/27

usiness.   BYD   BYD’s best-selling model in May was the Seagull with 46,000 units sold. In second place was the Qin L with 25,000 units, followed by the third place Song PLUS with 24,000 units sold. BYD's overall sales were 318,000 units, up 5.5% y/y.   BYD launched the all-new PHV mid-size SUV Sealion 07 DM-i in China on May 8, and the all-new EV mid-size sedan e7 on May 17. In addition, the new EV subcompact hatchback Dolphin Surf (Chin...

Market & Tech Reports  Updated at: 2025/06/25

.   Toyota Motor Corporation (Toyota), Honda Motor Co., Ltd. (Honda), and Mazda Motor Corporation (Mazda) were prominent in exhibiting their efforts related to carbon neutrality, which promotes the use of recycled materials. In addition, Mazda exhibited a PHEV version of its new mid-size crossover SUV "CX-80” to be released in October 2024, Subaru Corporation (Subaru) exhibited the new Subaru Forester X-BREAK S:HEV EX released in Japan in Apri...

Market & Tech Reports  Updated at: 2025/06/25

ei's Qiankun intelligent driving technology. At the same time, five models exhibited by FAW-VW (ID. AURA concept car, Audi A5L, Audi Q5L, Audi Q6L e-tron, and Audi A6L e-tron) are also equipped with Qiankun. SAIC-Audi A5L Sportback   Changan Automobile  Deepal's all-new full-size luxury SUV, the Deepal S09, is equipped with HarmonySpace and Huawei ADS. Deepal S09   The Avatr 06, launched on April 19, 2025 by the Avatr bran...

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

ai full stack AI-based automated driving software   This control software does not require HD maps and is a technology that does not rely on vehicles or hardware, which is said to significantly shorten development times. Honda and VW have invested in Helm.ai, and the Honda 0 Saloon and Honda 0 SUV, mass-production prototypes scheduled for SOP in 2026 that Honda announced at CES 2025, are equipped with a Level 3 system powered by Deep Teachin...

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

del 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 vehicles that require towing power.   Since it is not a THS, i...

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

es (GAIKINDO), 2024 production declined by 14.3% year-over-year (y/y) to 1.197 million units and sales fell by 13.9% y/y to 866,000 units. GAIKINDO has set the 2025 sales target at 900,000 units, up 4% from the previous year.   GAC Aion’s Aion V(launched in November 2024, compact electric SUV) Indonesia's vehicle production, sales and exports(Source: Created by MarkLines based on GAIKINDO's data)   Related reports:ASEAN Vehicle Sale...

Market & Tech Reports  Updated at: 2025/06/13

Road Plant, California: In 2020, Tesla built a "pilot plant" on Kato Road in Fremont, California for trial production of 4680 batteries. The target annual production capacity is 10GWh. In January 2022, Tesla announced that it had produced 1 million 4680 batteries and delivered the Model Y electric SUV with 4680 batteries in the first quarter of 2022. 2) Austin Plant, Texas: On April 7, 2022, an event called "Cyber Rodeo" was held to celebrate th...

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

Auto Shanghai 2025: FAW, Dongfeng, BAIC FAW Bestune Yueyi 08, Dongfeng MHero M817, BAIC Arcfox models Summary FAW Group: Electric platform, Tiangong 06 midsize SUV, Bestune Yueyi series Dongfeng Motor: Showcasing the latest achievements in its intelligentization strategy and unveiling a new technology brand BAIC Group: Arcfox and Stelato with Huawei Technology, BJ series unveiled   Auto Shanghai 2025, officially known as the 21st Shanghai...

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

VW showcased the latest achievements in the fields of electrification and intelligence, and presented their progress of technological development and local production models. VW exhibited brand three new ID. brand concept vehicles for the Chinese market: the ID. AURA (a sedan), ID. ERA (a full-size SUV with range extender), and ID. EVO (a smaller SUV). The Audi brand announced the “Q6L e-tron” family and the “A6L e-tron”, EV models based ...

Market & Tech Reports  Updated at: 2025/06/11