or export markets. The company sold a total of 324,500 passenger cars and 49,600 vans, both imported and domestically produced, in the U.S. The "core" segment includes high-selling models such as the E-Class and the compact SUV GLC.   On April 30, the German Association of the Automotive Industry (VDA) assessed the precise impact of additional U.S. tariffs on automobiles and called for further clarification to implement the measures with legal c...

Market & Tech Reports  Updated at: 2025/05/26

ns, allowing more flexibility between 2025 and 2027. This will allow automakers to average their carbon dioxide emissions over the three-year period, allowing them to invest in cleaner technologies while still maintaining its 2025 sales targets.   The German Association of the Automotive Industry (VDA) notes that the U.S.’s additional 25% tariffs on automobiles and auto parts would hurt the global economy and reduce growth and prosperity. Addi...

Market & Tech Reports  Updated at: 2025/04/25

5% y/y (up 5.4% m/m).   Registrations of electric vehicles (EVs) continued to decline in November, while those of plug-in hybrid vehicles (PHVs) increased. Cumulative sales for the January-November period were down 0.4% y/y to 2,593 million units. The German Association of the Automotive Industry (VDA) believes that its forecast for the passenger car market of 2.8 million units announced at the beginning of the year has been confirmed.   On Dec...

Market & Tech Reports  Updated at: 2024/12/27

ld premiere of the eTerron 9, and presenting the recently unveiled eDeliver 5 and eDeliver 7 vans JAC Motors: European debut of the N75 EV and the N42 EV light trucks IAA Transportation 2024 venue   The IAA Transportation2024, organized by the German Association of the Automotive Industry(VDA), was held at the Deutsche Messe AG venue in Hanover from September, 17 to 22, 2024. On September 16, the exhibition was exclusively open to the p...

Market & Tech Reports  Updated at: 2024/12/05

l cell system, Actros L with ProCabin Volkswagen Commercial Vehicles: World premiere of the new Transporter Iveco: S-eWay Rigid BEV truck and eMoovy BEV chassis cab IAA Transportation 2024 venue   The IAA Transportation 2024, organized by the German Association of the Automotive Industry (VDA), was held at the Deutsche Messe AG venue in Hanover from September, 17 to 22, 2024. On September 16, the exhibition was exclusively open to the p...

Market & Tech Reports  Updated at: 2024/11/05

eve its net-zero CO2 emissions goal, and aims to develop technology and establish market leadership in the country's automotive industry.   Germany   New vehicle sales in June were 297,000 units, reflecting an increase 6.1% y/y (up 25.8% m/m).   The German Association of the Automotive Industry (VDA) said the European Commission should drop the imposition of anti-subsidy tariffs on Chinese-made electric vehicles and find a negotiated solution ...

Market & Tech Reports  Updated at: 2024/07/26

his trend shows that the costs of BEVs and FCVs are approaching each other, and that increased charging speeds are keeping the costs in balance without raising prices. Battery type Battery cellCapacity (Ah) Charging speed Range(km) 400mm LFP 62 2.2C-20min 100+ 400mm LFP 90 2.2C-20min 150+ VDA (Verband der Automobilindustrie e.V.) NCM 117 2.2C-20min 200+ Upgraded hybrid product to go into mass production in Q2 2024 (Source: Prepared...

Market & Tech Reports  Updated at: 2024/05/02

3th that it will allow for an earlier phase out of the environmental bonus, which is a subsidy for electric mobility, and the Federal Office for Economic Affairs and Export Control (BAFA) ended the environmental bonus on December 18th. In response, the German Association of the Automotive Industry (VDA) said that an early abolition of subsidies would jeopardize the goal of introducing around 15 million electric vehicles by 2030 and hinder the exp...

Market & Tech Reports  Updated at: 2023/12/26

g points 93,121 138,607 Number of charging points per electric vehicle 0.05 0.27 Number of electric vehicles per charging point 20.16 3.72 Sources: created by MarkLines based on information from KBA (Germany) and RVO (Netherlands)   In 2021 the German Association of the Automotive Industry (VDA) calculated the ratio between the number of publicly accessible charging points in 31 European countries and the total number of passenger cars (g...

Market & Tech Reports  Updated at: 2023/12/01

e MIH Consortium, which is led by Taiwan's Hon Hai Precision Industry Co., Ltd. (Foxconn).   The company’s lithium-ion battery cell lineup includes the typical NCM (nickel-cobalt-manganese) type and the LTO (lithium titanate) type, which features safety and long-life performance.   The NCM-type VDA355 module has a battery configuration of two in parallel and six in series, a rated voltage of 22.2V, and a rated capacity of 120Ah.   Honda: Bat...

Market & Tech Reports  Updated at: 2023/11/30

mic and stability of supply chains. In Europe, a backlog of orders, which accumulated due to reduced production because of semiconductor and parts supply shortages, is being cleared. However, production volume is still below the pre-pandemic level. The German Association of the Automotive Industry (VDA) stressed the need to expand partnerships and strengthen the supply chains for securing materials in the future. The VDA also requested the govern...

Market & Tech Reports  Updated at: 2023/11/14

e plan targets cities with populations of 300,000 or more.   Germany   New vehicle sales in July increased 18.0% y/y (down 13.2% m/m) to 243,000 units. Cumulative sales for the January to July period increased 13.5% y/y to 1.639 million units.   The German Association of the Automotive Industry (VDA) announced that it has revised its sales and export forecasts upward for the full year 2023 in Germany. The improvement in the supply of raw mater...

Market & Tech Reports  Updated at: 2023/08/25

any’s status as an industrial location. According to forecasts, the number of jobs in the German automotive industry will fall as a result of the switch to electric vehicles [2, 4]. According to a study conducted by the ifo Institute on behalf of the German Association of the Automotive Industry (VDA), well over 200,000 jobs could be lost by 2030. Some of these reductions may be due to normal retirement, and this could amount to up to 140,000 e...

Market & Tech Reports  Updated at: 2023/07/26

ere the market is expected to expand in the future.   Germany   New vehicle sales in April were 203,000 units, reflecting an increase of 12.8% y/y (down 27.8% m/m). Cumulative sales from January to April increased by 7.8% y/y to 869,000 units.   The German Association of the Automotive Industry (VDA) announced that the global passenger car market continues to recover from the effects of the COVID-19 outbreak. In particular, the supply situatio...

Market & Tech Reports  Updated at: 2023/05/23

of the LTO type is 2.48V. However, the LTO type can be charged five times faster with a current of 5C compared to the NCM type's 1C (a current that can fully charge the battery in 1 hour). It is rechargeable, has a long life of 10,000 cycles, and is similar to Toshiba's SCiB.   The NCM type of the VDA355 module has a battery configuration of two in parallel and six in series with a rated voltage of 22.2V and a rated capacity of 120Ah, while the ...

Market & Tech Reports  Updated at: 2023/04/21

g-term partnership focused on hydrogen technology.   Germany   New vehicle sales in February were 206,000 units, an increase of 2.5% y/y (up 15.1% m/m). The total for January and February was 385,000 units, the same level as the previous year.   The German Association of the Automotive Industry (VDA) has expressed its view that the decision to allow the use of climate-neutral fuels such as e-fuel and HVO (hydrotreated vegetable oil) is an effe...

Market & Tech Reports  Updated at: 2023/03/24

vehicle sales in January were 179,000 units, down 2.7% y/y (down 43.0% m/m).   The number of units decreased significantly in reaction to the rush demand at the end of 2022 with the end of subsidies for the purchase of PHVs.   On February 6, the the German Association of the Automotive Industry (VDA) announced that it expects PHV sales to decline significantly after the end of subsidies at the end of 2022, bringing total sales of electrified v...

Market & Tech Reports  Updated at: 2023/02/24

with hydrogen electric and fully electric trucks Volta: “Ready for the Road Ahead” with Sustainable Solutions Newcomers: Combining Tradition and Transformation IAA Transportation 2022 venue   The IAA Transportation 2022, organized by the German Association of the Automotive Industry (VDA), was held at the Messe venue in Hannover from September, 20 to 25, 2022. On September 19, the exhibition was exclusively open to the press.   Af...

Market & Tech Reports  Updated at: 2022/10/26

Ford PRO: Premiere of the E-Transit Custom Scania: “Ready for the Road Ahead” with Sustainable Solutions MAN Truck & Bus: Combining Tradition and Transformation IAA Transportation 2022 venue   The IAA Transportation 2022, organized by the German Association of the Automotive Industry (VDA), was held at the Messe venue in Hannover from September, 20 to 25, 2022. On September 19, the exhibition was exclusively open to the press.   Af...

Market & Tech Reports  Updated at: 2022/10/21

on Sustainable Transportation Volvo Trucks: Reduced Emissions, Electric Axle Development BYD: eTrucks and eBus for the European Market DAF: Tradition and Innovation IAA Transportation 2022 venue   The IAA Transportation 2022, organized by the German Association of the Automotive Industry (VDA), was held at the Messe venue in Hannover from September, 20 to 25, 2022. On September 19, the exhibition was exclusively open to the press.   Af...

Market & Tech Reports  Updated at: 2022/10/12