r 1 supplier for BYD which manufactures BEVs. FinDreams Group has 41 companies and plants in China. In addition to battery thermal systems, the company manufactures various categories of automotive components. If BYD develops a BEV manufacturing plant outside China in the future (Already started in Thailand), it is believed that FinDreams will also enter the market. Ningbo Tuopu Group Co., Ltd. (Ningbo Tuopu) Examples of orders for BEV vehicle...

Market & Tech Reports  Updated at: 2026/03/30

icle (NEV) support measures starting from January and the impact of the Chinese New Year holiday in late February, excessive price reduction of BEVs and PHEVs is being restrained in response to intensive competition in the Chinese market, leading to ongoing uncertainty beyond March.   xEV sales in Thailand have fallen sharply by 77.9% compared to the previous month, down to 11,000 units, but this is an increase of 6.4% compared to the same month...

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

oth year-over-year and month-over-month, supported by strong sales growth in Japan and the UK.   In China, sales of electric vehicles plummeted in January due to changes in the sales promotion policies for New Energy Vehicles (NEVs: BEVs, PHEVs, FCEVs (fuel-cell electric vehicles)). Conversely, in Thailand, Chinese car sales increased significantly in the final month of incentives under the EV 3.0 scheme (EV promotion measures). It is necessary ...

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

Leadrive Technology (Shanghai): Inverters and power modules for BEV/HEV/REEV   Leadrive Technology (Shanghai) Co., Ltd. (Leadrive Technology), headquartered in Pudong, Shanghai, produces inverters (Motor Control Units), power blocks, and power modules at four plants in China, as well as plants in Thailand and Malaysia. The company also plans to produce in the United States.   Three types of inverters for single-motor drive, three types of inve...

Market & Tech Reports  Updated at: 2026/02/26

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

ASEAN Vehicle Sales and Production Update (Q4 2025) Improving thanks to EV policy support and strong year-end demand, with Chinese OEMs on the rise Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - December 2025 Thailand BEV sales by OEM ASEAN News Topics (Q4 2025)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailan...

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

Expanding Chinese Parts Supplier Presence in Thailand Status of Thailand Board of Investment (BOI) approval for automotive-related projects in 2025 Summary BOI project approvals in 2025 (Automotive): Nearly 100 are Chinese suppliers List of BOI-approved companies in 2025 (automotive): EV and charging-related projects, etc. Thailand Automobile Market Overview   According to an announcement by Thailand’s Board of Investment (BOI), the total numb...

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

6) Note: Includes commercial vehicles, includes estimated figures, China's sales volume (shipped volume) excludes export volume* The following 15 countries account for approximately 90% of global electrified vehicle sales. China, USA, Japan, India, Germany, France, Brazil, UK, Korea, Canada, Italy, Thailand, Norway, Sweden, Finland (Reference report) Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (December 2025)   Electrified vehicle (BEV, ...

Market & Tech Reports  Updated at: 2026/02/09

mbly due to its lack of fresh models amid strong global competition. RNM’s Asia-Pacific output was further dampened by Nissan in Japan this quarter, as a result of the higher US tariffs, weak exports to China, and the global chip shortage from supplier Nexperia. Moreover, Mitsubishi production in Thailand was cut after the aging Attrage and Mirage models both dropped out in October. In sum, RNM output fell to around 6.24 mn units in full-year 2...

Market & Tech Reports  Updated at: 2026/01/30

perations. It also has a plant in Cheyya for Chrome plating and adjunct operations. The table can be scrolled left and right. Plant location Capacity Oragadam 600,000 Vallam Vadagal 600,000 Total 1,200,000   It has seven modern CKD assembly facilities in Bangladesh, Nepal, Brazil, Thailand, Argentina, and Colombia. Its Thailand CKD plant, as well as the Bangladesh plant, has a capacity of 30,000 units. Its Nepal plant also has a...

Market & Tech Reports  Updated at: 2026/01/30

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

tion of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordic countries *By clicking the button below the graph, only the relevant data will be shown. Norway Sweden China Finland UK Germany France Thailand Korea US Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved.   Norway took the top spot with 86.4%, do...

Market & Tech Reports  Updated at: 2026/01/26

Thailand International Motor Expo 2025 (1) Chinese Manufacturers Changan, BYD, Chery, DFSK, GAC, Geely, GWM, Leapmotor, SAIC, XPeng Summary Changan: Premium SUV "AVATR 07," "DEEPAL S05 Max Long Range" BYD: Off-road SUV "Denza B5," Urban SUV "BYD TI7" 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...

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

58 8,931 6,219 6,204 7,201 7,856 Denmark 3,019 22,340 16,033 8,996 9,604 8,426 7,554 Belgium 4,789 16,012 21,182 9,748 9,801 8,639 6,702 Mexico 1,282 3,555 4,548 4,961 6,143 7,492 6,426 Spain 4,601 13,237 16,661 16,067 8,739 6,629 6,217 Portugal 2,616 9,329 9,760 7,738 5,065 4,128 5,981 Thailand 0 8,174 4,119 4,790 4,933 5,429 5,419 Austria 5,410 8,417 7,681 5,993 5,572 5,125 5,136 Poland 1,226 4,634 4,460 4,044 3,531 3,292 4,200 ...

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

tion of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordic countries *By clicking the button below the graph, only the relevant data will be shown. Norway Sweden China Finland UK Germany France Thailand Korea US Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved.   Norway’s share ranked first, up 8.5 p...

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

roduction volume India: Motorcycle production at 23.9 million units; electric motorcycle sales exceed 1.2 million units China: Motorcycle production 19.97 million units, electric vehicle sales decrease, large-displacement vehicle sales increase Indonesia: Motorcycle production nears 7 million units Thailand: Motorcycle production at 2.4 million units level, significant increase in CKD for export Production and sales volume in Vietnam, the Philipp...

Market & Tech Reports  Updated at: 2025/12/25

ew Energy Technology Co., Ltd. The company's main products are automotive HVAC, powertrain cooling, and battery thermal systems. HVAC-related products include HVAC units, condensers, plastic ducts, and piping. The company has more than 30 manufacturing, R&D, and sales sites in China, North America, Thailand, India, Japan, and Europe. Manufacturing sites are located in China, India, Thailand, North America, Slovakia, and other countries. In 2018, ...

Market & Tech Reports  Updated at: 2025/12/22

TPR's joint venture in China for BEVs in China, according to the company. Hollow motor shaft, bearing bushing with outer projection Sigma & Hearts: Hollow motor shaft   Sigma & Hearts Co., Ltd. (Sigma & Hearts) is a Thai-Japanese joint venture established in 1998 based in Bangsaothong, Thailand, and this was the first time the company exhibited in Japan.   The company provides Japanese, European, and American manufacturers with auto...

Market & Tech Reports  Updated at: 2025/12/17

the instrument panel and peripheral parts for all Subaru models. The company also supplies seats and exterior parts. In addition to Subaru, a Shigeru subsidiary in Kyushu also supplies instrument panels to Daihatsu’s Kyushu Plant. Overseas, the company has manufacturing subsidiaries in the U.S., Thailand, and China. Suiryo Plastics Co., Ltd. Headquartered in Kurashiki City, Okayama Prefecture, Suiryo Plastics Co., Ltd. (Suiryo Plastics) is a...

Market & Tech Reports  Updated at: 2025/12/15

filed daily and approximately 20 are approved every day. The company remains at the forefront of areas such as automotive electric drive systems and driver assistance systems. BYD is also continuing to promote its global expansion strategy, and has begun or is pursuing the construction of plants in Thailand, Hungary, Indonesia, Brazil, and other countries. Its Rayong plant in Thailand began operations in 2024. For its electric drive system techno...

Market & Tech Reports  Updated at: 2025/12/11