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Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
nhui Jianghuai Automobile) 4,271 8,203 16,357 21,067 24,826 1.7% +17.8% +0.1 pt Mitsubishi Motors 10,447 17,872 19,622 19,183 24,706 1.7% +28.8% +0.2 pt Other 37,363 40,327 47,037 55,038 71,496 4.8% +29.9% +0.7 pt Total 950,063 1,014,680 1,094,609 1,363,714 1,496,797 100.0% +9.8% (BYD and Tesla, which are not members of INEGI, are not included. Stellantis includes FCA+PSA in 2020.) Mexico's light vehicle sales by Chinese OEM(So...
Market & Tech Reports Updated at: 2025/04/30
Analysis Report: Brake (U.S. and European Markets)
xles, etc. Vehicle Motion: Vehicle dynamics including ABS, ESC, steering, etc. Power Solutions: Combustion engine technology, fuel cells, hydrogen engines, etc. Cross-Domain Computing Solutions: Development of automated driving technology, etc. Mobility Electronics: Development of control units and semiconductors Mobility Aftermarket: Aftermarket parts market E-Bike Systems: Electric bike related Development related: R&D facilities: The compa...
Market & Tech Reports Updated at: 2025/03/21
Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65%
11,385.0 -0.4% SUVs 9,466.2 10,080.1 11,188.7 13,233.4 14,818.9 12.0% MPVs 1,054.0 1,066.6 963.3 1,131.2 1,085.1 -4.1% Minivans 388.0 391.3 323.1 264.7 273.9 3.5% Commercial vehicle total 5,133.3 4,793.3 3,300.5 4,030.9 3,873.2 -3.9% Trucks 3,850.2 3,611.6 2,594.0 3,034.8 2,893.8 -4.6% Semi-trailers 834.9 676.8 298.6 504.5 468.4 -7.1% Buses 448.2 504.8 407.8 491.6 511.0 3.9% (Source: Created from MarkLines database)Note 1: Sales...
Market & Tech Reports Updated at: 2025/02/19
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (November 2024)
in the previous month. They were also up 58.1% and 15.3%, respectively, from the same month last year. The Model 3, which dropped out of the top 10 the previous month, also recovered in sales and rose to 5th place. The following table shows electric vehicle sales by automaker (major OEMs, Tesla, and major Chinese electric vehicle manufacturers). Electric vehicle sales of major OEMs (000 units) Maker 2023 2024 Nov. Dec. Jan. Feb...
Market & Tech Reports Updated at: 2024/12/27
Tesla Robotaxi: What are the Challenges Ahead?
all vehicles, which includes lane centering and traffic-aware cruise control. Enhanced Autopilot (EAP) was an updated package, offering Summon, Auto Lane Change, Navigate on Autopilot and Autopark. EAP has been discontinued. Tesla owners can buy or subscribe to Full Self-Driving (FSD) which adds semi-autonomous navigation that responds to traffic lights and stop signs, lane change assistance, self-parking, and the ability to summon the car fro...
Market & Tech Reports Updated at: 2024/11/25
Analysis Report: Air Conditioning System (U.S. and European Markets)
ansion valve (gas atomization) → Evaporator (cold air generation) → Compressor (repeat thereafter) When the air conditioner switch is turned on, the compressor runs. The compressor compresses the low-temperature, low-pressure refrigerant gas to convert it into a high-temperature, high-pressure semi-liquid refrigerant. The refrigerant compressed by the compressor is next sent to the interior condenser, where it only passes through. The refrig...
Market & Tech Reports Updated at: 2024/11/07
IAA Transportation 2024: Alternative fuel vehicles for logistics
IAA Transportation 2024: Alternative fuel vehicles for logistics BYD, Tesla, and European major commercial vehicle OEMs Summary BYD: World premiere of E-VALI light commercial vehicle and European premiere of EYT2.0 electric yard tractor Tesla: Semi BEV truck’s debut in Europe Stellantis: World premiere of the Opel Movano HYDROGEN Daimler Truck: eActros 600 BEV truck, GenH2 Truck equipped with fuel cell system, Actros L with ProCabin Volkswagen ...
Market & Tech Reports Updated at: 2024/11/05
Analysis Report: Power Steering (Chinese Market)
screw reducer converts the rotary motion of the motor into linear motion of the rack. Product Features: Electric steering systems ideal for luxury vehicles, sports cars, and light-duty commercial vehicles. Superior steering feel, supporting all auxiliary functions and improving safety and comfort. Semi-autonomous driving is feasible, and highly autonomous driving will be realized in the future. Cyber security: System architecture prevents unauth...
Market & Tech Reports Updated at: 2024/09/27
Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M
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 units; Japanese OEMs below 1.5 million units Exports grow 30.5% to 2,793,000 units; Lexus brand tops the list of imports Top 3 NEV sellers are BYD, Tesla, and SAIC-GM-Wuling China H1 2024 vehicle sales (ex-factory) by major groups GlobalData Sales Forecast: Chinese light vehicle sales will reach 2...
Market & Tech Reports Updated at: 2024/08/20
Tesla: Profitability Down with Decreased Sales, Intensifying EV Competition
Tesla: Profitability Down with Decreased Sales, Intensifying EV Competition Planning revenue increases from next-gen platform vehicles, software, and charging infrastructure Summary Global production: Volume starts to decline in 2024 due to production cutback in China Global sales situation: Sales down despite broad-based price cuts from 2023 onward New products announced after 2023: Cybertruck, Semi, and new Model 3 Future models: Compact EV to ...
Market & Tech Reports Updated at: 2024/08/19
Analysis Report: Seat (U.S. and European Markets)
r an acquisition price of approximately USD 360 million, including approximately USD 18 million in debt. The Futuris Group has 15 manufacturing sites in North America and Asia and manufactures seating systems, seat frames, headrests, armrests, seat bolsters and other products. Its customers include Tesla, Ford, GM, Geely, Chery, Brilliance and Tier-1 automotive seating suppliers. Manufacturing sites: In January 2024, multiple European media o...
Market & Tech Reports Updated at: 2024/07/04
Emerging U.S. EV Makers on the Move
ansion with Saudi Arabian capital VinFast: Over 3,000 units sold in the U.S. in 2023, where production is to begin in 2025 Karma Automotive: First full BEV to be launched by the end of 2024 Fisker: Production in 2023 about 10,000 units; delisting warning from NYSE as stock price plummets Nikola: EV semi-trucks shipped in 2023 followed by FCV trucks Canoo: Received orders for a delivery van from a large customer, started deliveries at the end of 2...
Market & Tech Reports Updated at: 2024/04/02
Analysis Report: Brake (U.S. and European Markets)
ehicle dynamics, such as ABS, vehicle dynamic control ESC, and steering3) Power Solutions: Combustion engine technology, fuel cells, hydrogen engines, etc.4) Cross-Domain Computing Solutions: Development of autonomous driving technology, etc.5) Mobility Electronics: Development of control units and semiconductors6) Mobility Aftermarket: Aftermarket parts market7) E-Bike Systems: Electric motorcycle related products Development related: R&D facili...
Market & Tech Reports Updated at: 2024/03/14
GM (1): Aiming for annual production of 1 million EVs in North America by 2025
23. The powertrain combines an eAWD system with front and rear motors that deliver a maximum output of 750hp and 750lb-ft of torque. It is powered by a 200+kWh Ultium battery with an estimated range of 450 miles (724km). It will feature a large, curved 55-inch LED screen display, Super Cruise 2 (L2 semi-autonomous driving system), and GM Energy's V2H (Vehicle-to-Home) charging technology (details to follow). It will be assembled at GM’s Factory...
Market & Tech Reports Updated at: 2023/09/06
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (July 2023)
, but in June the company announced that the brand's first BEV model, the Li MEGA, would be released at the end of 2023. It will be interesting to see how the new model will contribute to higher sales in the future. The following table shows electric vehicle sales by automaker (major OEMs, Tesla, and major Chinese electric vehicle manufacturers). Electric vehicle sales of major OEMs (000 units) Maker 2022 2023 Jul. Aug. Sep. Oct...
Market & Tech Reports Updated at: 2023/08/25
China Market H1 2023: New Vehicle Sales at 13.24 Million, NEV Sales Up 44.1% to 3.747 Million
Passenger car market: Chinese automakers have a 54.3% share, BYD is the top with 1.248 million units, Japanese automakers are sluggish with 1.749 million units Exports of finished vehicles increased 75.7% to 2.14 million units, with the Mercedes-Benz brand topping imports Top 3 NEV sellers are BYD, Tesla, and GAC Aion China H1 2023 vehicle sales (ex-factory) by major groups GlobalData Production Forecast: Chinese light vehicle production will rea...
Market & Tech Reports Updated at: 2023/08/21
2023 China Auto Forum: SDV (Software Defined Vehicle)
awei believes that the service-oriented E/E architecture will accelerate intelligentization. Advantages and challenges of E/E architecture Mr. ZHAO pointed out that in the current SDV trend, there are three main ways to realize E/E architecture service: the STS (Security Token Service) model, semi-service, and full service. Huawei believes that only by making the E/E architecture a full service (the third way) can intelligentization be e...
Market & Tech Reports Updated at: 2023/08/18
Chinese Market Q2 2023: Major State-owned and Non-Chinese OEMs Announce NEV Strategies
ced that it will successively launch six models in all by 2025 and focus on achieving production and sales of over 1 million units within five years. Also presented were a newly upgraded Force Super-Integrated Electric Drive (800V high voltage, oil cooled, silicon carbide (SiC), high energy density semi-solid state batteries (public road testing has begun)), and a next generation hydrogen fuel cell system with twice the power density and half the...
Market & Tech Reports Updated at: 2023/08/01
Analysis Report: EV/HV Drive Motor (European Market)
sch to search for rare metals and rare earth elements used in electric motors and fuel cells in the next 10 years. The company will invest EUR 10 billion by 2025 in digitalization and connectivity that will directly support the company in this cooperation with IBM. As a way to countermeasure the semiconductor shortage that has heavily impacted the company as a whole in the past, Bosch announced an investment of EUR 400 million in 2022 on expan...
Market & Tech Reports Updated at: 2023/06/15
Tesla: Aiming to become a global volume manufacturer through increased production
ng region and the Mexican economy. Several U.S. media outlets reported in March 2023 that the plant is expected to increase trade between the U.S. and Mexico by 3.5% per year and automotive-related exports by 10% per year. New plant to be built in Nevada for production of heavy-duty trucks Semi, a heavy-duty truck scheduled for production at the Nevada Gigafactory (Source: Tesla) In January 2023, Tesla announced an additional USD 3...
Market & Tech Reports Updated at: 2023/06/09