Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

Market & Tech Reports  Updated at: 2025/04/30

Electric Two-wheelers in India (2) Major start-ups Overview of Ola Electric, Ather, Ampere, and other 6 companies Summary Analysis of state-wise electric two-wheelers registration Ola Electric Mobility Limited Ather Energy Ampere (Greaves Electric Mobility Private Limited: GEMPL) Okinawa Autotech International Private Limited BGauss Electric Okaya EV Private Limited Hero Electric Kinetic Green Batt:RE (Battre Electric Mobility Pvt Ltd)   The Ind...

Market & Tech Reports  Updated at: 2024/09/20

Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M BYD up 28.5% to 1.6M units, non-Chinese OEMs struggle, and exports increase Summary New vehicle sales in H1 2024 up 6.1% y/y to 14,045,000 units Sales by Group: SAIC's share is 12.7%, BYD 11.5%, and Geely in the top 5 Market share by vehicle type: SUVs at 45.0%, commercial vehicles steady Passenger car market: Chinese automakers have 62.5% share; BYD leading with 1,607,000 unit...

Market & Tech Reports  Updated at: 2024/08/20

usly increasing in India and last financial year, it crossed the one million mark first time.   Rapid urbanization, increasing fuel prices, favorable government policies, subsidies, and sustainability concerns are a few factors that are increasing the adoption of electric two-wheelers in India. However, it was also impacted by safety concerns like battery fires, irregularities by OEMs in subsidiaries, and poor charging infrastructure, which are ...

Market & Tech Reports  Updated at: 2024/07/31

exico up 2.8 times y/y Tesla: Receives approval from Mexican authorities to build factory in Mexico, but concerns remain over delays in start of operations Renault-Nissan Group: Production up 58%, supported by increased sales in the U.S.; domestic (Mexico) sales also strong GM: Starts production of EVs; imports from China soar to 65% of domestic sales VW: Production volume increased for the third consecutive year, preparing for EV production Stel...

Market & Tech Reports  Updated at: 2024/06/14

Ford: HVs for all models by 2030, postponing some EV launch plans Scaling back CATL and SK On JV battery plants; Lithium supply contracts with 4 companies Summary Expanding HV offerings, postponing the launch of some EVs Electric vehicle sales (U.S. in 2023): 73,000 EVs, 134,000 HVs Construction of battery plants with SK On and CATL; signed lithium supply contracts with four companies Ford Pro commercial vehicle business: Producing commercial van...

Market & Tech Reports  Updated at: 2024/05/29

Nissan: New business plan "The Arc," cutting cost of next-generation EVs by 30% Mitsubishi rolls out new models such as Triton from ASEAN to global markets Summary Nissan: Announced new business plan "The Arc” "The Arc" mid-term initiatives (FY2024 - FY2026) "The Arc" mid- to long-term initiatives (- FY2030) Nissan's business performance: Net sales of JPY 13.6 trillion (up 7.2%) and operating income of JPY 600 billion (up 5.5%) are projected fo...

Market & Tech Reports  Updated at: 2024/05/28

r payment enablers Fintech companies/Payment service providers: ryd, J.P. Morgan, Samsung Checkout E-commerce: Plugsurfing, Valtech   The digitalization of cars opens up new business opportunities for both OEMs and other players in the ecosystem.   Digital payments are already well established in everyday life. They are very convenient because they enable faster transactions and increase consumer satisfaction.   Together with platform provider...

Market & Tech Reports  Updated at: 2024/05/20

logies KDDI: "Connected Car Theater" collaboration with Sony Honda Mobility Aptiv: Wind River software integration into the Smart Vehicle Architecture MediaTek: "Dimensity Auto" connected car platform Faurecia Aptoide Automotive App Store trinamiX: Dual face authentication technology Official event logo (GSMA MWC™ Barcelona, organized by © GSM Association)   The GSMA Mobile World Congress Barcelona, in short MWC™ Barcelona, is an a...

Market & Tech Reports  Updated at: 2024/04/18

U.S. Market: BEV Sales Ratio 7.5%, with over 20% in California New CO2 limits proposed for MY2032 at 82 g/mile, new CAFE standard at 57.8 miles/gallon Summary U.S. BEV sales for the Jan.-Sep. 2023 totaled 880,000 units, or 9.4% market share New CO2 regulations under the Biden administration: 67% BEV ratio assumed for MY2032 California regulation: 100% ZEV ratio in MY2035 Charging network development: GM, Ford, and three Japanese OEMs use Tesla's ...

Market & Tech Reports  Updated at: 2023/11/24

hening commercial vehicle business China: Sales volume falls due to COVID-related restrictions South America: Focusing on production of Ranger and Transit and improving financial results India discontinues vehicle production; South Africa/Asia to build and export new Ranger 2022 financial results: Revenue grows 16%, adjusted EBIT rises 4.2% to USD 10.4 billion Production Forecast by LMC Automotive: Ford’s light vehicle production expected to be...

Market & Tech Reports  Updated at: 2023/05/15

Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng BYD developing global sales network, GWM entering Brazil, and emerging OEMs focusing on Europe Summary BYD: Aggressively expanding overseas business, accelerating construction of sales networks, and investing in construction of manufacturing sites Geely: Geely brands up 72.4% overseas; Lynk & Co brand begins subscriptions in Europe Great Wall Motor: Acquires Daimler's p...

Market & Tech Reports  Updated at: 2023/04/05

Mazda: Launching 4 Large SUVs in 2022 and 2023 Production of the CX-50 begins in U.S.; "Driver Emergency Assist" installed for the first time Summary Expansion plan for crossover SUV product group to be launched in 2022-2023 Japanese market: Launch of CX-60, the first product in the large product group, in September 2022 European market: PHEV version of CX-60 introduced in the summer of 2022 Strengthening the U.S. market and launching new models ...

Market & Tech Reports  Updated at: 2022/11/15

Analysis Report: Lithium-Ion Battery (Japanese, European, North American and Korean Markets) Business activities of major OEMs and suppliers List of Suppliers Introduction Ⅰ. OEM BEV and battery strategy (Overall trends) II. Activities of Major Battery Manufacturers III. Simple explanation of LiB technology Japan Panasonic Energy Prime Planet Energy & Solutions (PPES) Toyota Industries Corporation AESC Vehicle Energy Japan Blue Energ...

Market & Tech Reports  Updated at: 2022/11/11

Stellantis (Part 1): 75 BEV Models by 2030, Aiming for 5 million Annual BEV Sales Announced long-term strategy "Dare Forward 2030" to double sales Summary Long-term goals and strategic plan "Dare Forward 2030” announced 75 BEV models to be introduced globally Investments in electrification technology Business objectives by region Revenue and financial targets Trends and plans of the major brands CEO Carlos Tavares presenting Stellantis' l...

Market & Tech Reports  Updated at: 2022/07/22

Tesla: Aiming for 50% deliveries increase and production of 1.5 million units in 2022 New plants start operations in Germany and U.S.; Cybertruck to be launched in 2023 Summary New plants start operations in Berlin, Germany and Texas, U.S. China: 2021 production and deliveries exceeding those in the U.S. Batteries: In-house production of self-developed 4680 cells, directly securing battery raw materials Tesla launching the Cybertruck pickup truck...

Market & Tech Reports  Updated at: 2022/05/31

Ford (Part 2): Enhancement of CVs and EVs in EU, Lincoln models and SUVs in China Rise in volume & profits expected in '22 with introduction of EVs and improved semiconductor supply Summary Europe: Expanding CV business, accelerating electrification plan China: Strong sales for Lincoln brand vehicles and SUV models South America: Discontinues manufacturing in Brazil, keeps production in Argentina and Uruguay India: Discontinues production of vehi...

Market & Tech Reports  Updated at: 2022/04/25

estic market share: Hyundai Group declines to 61%, imports’ share grows to 16% Production volume: Declining to 3.462 million units in 2021, down by 1.3% y/y Korean automakers’ production capacity of 4.813 million in Korea and 5.48 million overseas Hyundai Motor Group: Aiming to sell 1.7 million EVs in 2026 GM Korea: Semiconductor shortage and preparation for new model reduce production Renault Samsung: Samsung sells its entire stake, partner...

Market & Tech Reports  Updated at: 2022/03/01

CES 2022 Round-up: 2022 - Year of EV, Premium ADAS, L3 and Robotaxis Summary L2+ Premium ADAS and Door-to-Door Hands-Free Navigation L3: Wild Card Strategy for OEMs? L4 robotaxi/AV shuttle/goods delivery L4 consumer (personal) AV Imaging radar: new star in sensors ADAS/AD compute platform: Algorithm-compute optimization and compute efficiency Year 2022 Predictions About This Report   This report was written by VSI Labs (VSI) for MarkLines' port...

Market & Tech Reports  Updated at: 2022/01/28

ast in Major Countries Summary The Global Movement Toward Decarbonization - from the COP26 summit Zero Emission Vehicle - Treatment of automobiles Decarbonization policies and market forecasts by region and country Europe: Radical decarbonization goals, early and significant market share gains for BEVs U.S.: BEVs gain market share under Biden administration, emerging EV automakers enter the market China: Continued introduction of xEVs in line wit...

Market & Tech Reports  Updated at: 2022/01/07