MarkLines Automotive Information Platform

Honda: HEVs thriving in North America and Japan

Honda: HEVs thriving in North America and Japan GlobalData 5-Year Forecast: Honda struggling in China with BEV Summary GlobalData Sales Forecast: Honda to sell around 3.5 million units through 2030 China: Sales and production down sharply; expansion of BEVs an issue U.S.: Annual sales exceed 300,000 units with three HEV models Japan: HEV proportion expands, introduction of BEV mini vehicles According to GlobalData's latest volume forecast, Hon...

Market & Tech Reports Updated at: 2025/09/26

Honda's Electrification Strategy

ment of the powertrain portfolio (Source: 2025 Honda Business Briefing (May 20, 2025)). In May 2025, Honda Motor Co., Ltd. (Honda) presented its "2025 Business Briefing," outlining Honda's future management strategy, which focuses on businesses related to electrified vehicles. In the previous year, Honda had set a target of 30% EV/BEV (battery electric vehicle) sales ratio and 2 million EV production units by FY2030 with the introduction of...

Market & Tech Reports Updated at: 2025/09/03

Auto Shanghai 2025: Japanese OEMs

Auto Shanghai 2025: Japanese OEMs Electrified vehicles from Toyota, Honda, Nissan, and Mazda Summary Toyota: World premiere of the Lexus ES and bZ7 with Huawei technology Honda: World premiere of the flagship model of the Ye series, equipped with DeepSeek Nissan: Unveils PHEV pickup truck for the first time and announces investment of approximately JPY 200 billion in the Chinese market Mazda: Unveils second NEV model, EZ-60, to be released in 202...

Market & Tech Reports Updated at: 2025/05/07

Chinese Market Q4 2024

D’s 10 millionth NEV rolling off the line(Source: BYD) The China Association of Automobile Manufacturers (CAAM) announced on January 13, 2025, that 2024 vehicle sales volumes in China increased 4.5% compared to 2023, to 31.436 million units. Of this total, passenger car sales increased 5.8% year-over-year (y/y) to 27.563 million units and commercial vehicle sales increased 3.9% y/y to 3.873 million units. Sales of New Energy Vehicles (NEV...

Market & Tech Reports Updated at: 2025/01/28

GAC: Aiming to Sell Over 4.75 million Units by 2030

GAC: Aiming to Sell Over 4.75 million Units by 2030 Battery and electric powertrain plants; Focus on smart mobility; KD plant expansion overseas Summary Electrification: Battery and powertrain plants in operation, installation of all-solid-state batteries in vehicles in 2026 Intelligent driving: 3-year focus on intelligent driving, intelligent cockpit, and mobility Globalization: KD plants to be located in Africa and Southeast Asia, targeting exp...

Market & Tech Reports Updated at: 2024/10/30

Chinese Market Q2 2024

rends of major non-Chinese automakers (Q2 2024) Policies related to China's automotive industry (Q2 2024) Dongfeng solid-state battery (Auto China 2024) The China Association of Automobile Manufacturers (CAAM) announced on July 10, 2024, that vehicle sales volumes in China showed a 6.1% year-over-year (y/y) increase to 14.047 million units during the January to June period of 2024. Of this total, passenger car sales increased 6.3% y/y...

Market & Tech Reports Updated at: 2024/08/01

Auto China 2024: Japanese OEMs

he 18th Beijing International Automotive Exhibition (Auto China 2024) was held at the China International Exhibition Center from April 25 to May 4. Of these days, April 25-26 were press days, April 27-28 were industry days, and April 29-May 4 were open to the public. This was the first time in four years that the event was held in Beijing due to the COVID-19 pandemic. Auto China 2024 was attended by many well-known domestic and international auto...

Market & Tech Reports Updated at: 2024/05/31