s (extended reality, XR), "efficiency of on-site work can be improved by linking with XR."   Generalizing the benefits (value) of digital twins, Data Collection (collecting and accumulating in-vehicle and external driving data) → Simulation (predicting the stress on each component based on data acquired in a virtual environment for future forecasting) → improved work efficiency through Visualization (visualizing inspection points using XR d...

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

come was KRW 95 million. Trends in battery thermal management: In January 2025, the Hankook & Company Group completed its acquisition of Hanon Systems, a South Korean manufacturer of thermal management systems. On January 3, 2025, tire maker Hankook Tire & Technology, a subsidiary of the group, acquired shares of Hanon Systems, increasing its stake to 54.77%. In November 2024, Hanon Systems announced it would build a plant for electric compre...

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

e to get lidar sensors down to prices below 100 US dollars per unit by 2033,” explains Glen de Vos, CEO of Microvision, FIGURE 3. De Vos was CTO of Delphi and Aptiv for many years, so he knows what the industry really needs and the significance of such a statement. Among other things, Microvision acquired the Hamburg/Germany-based company Ibeo and used this technology to develop its solid-state sensor, which operates entirely without moving par...

Market & Tech Reports  Updated at: 2026/03/26

1990, there have been many business divestitures and management integrations among major manufacturers. The diagram illustrates how technology is passed on, for example. (Click the image to enlarge)   In the Americas, Federal-Mogul Corporation, a major manufacturer of brake friction materials, was acquired by Tenneco Inc. (Tenneco) in October 2018. Since the end of 2019, it has been developed as a business of DRiV Incorporated under Tenneco.   ...

Market & Tech Reports  Updated at: 2026/03/24

easuring and testing equipment such as spectrum analyzers, but in recent years it has been strengthening its power electronics and mobility-related business through mergers and acquisitions. Dewetron GmbH (Dewetron) is a manufacturer of power measuring instruments headquartered in Austria. Anritsu acquired all of the company's shares in October 2025, making it a wholly owned subsidiary, and began selling power measurement and data collection sol...

Market & Tech Reports  Updated at: 2026/03/10

tems) developed by OEMs and Tier 1 suppliers as raw materials. High-precision 3D maps include HD-MAP, which covers approximately 32,000km of expressways, and XD-MAP, which covers over 63,000km of public roads.    Zenrin is expanding its maps of public roads and updating data that has already been acquired so that the high-precision map data it already has will be available to the general public. Approximately 500 engineers are engaged in this w...

Market & Tech Reports  Updated at: 2026/03/06

rated current of 750A is used in Gen4 inverters, and although the 750A product is small by spec, it has been made smaller by setting a practical rated current.   The power module installed in BorgWarner's inverters is an evolved version of the technology from Delphi Technologies, which BorgWarner acquired in 2020. The power device chips are connected by sintering rather than wire bonding, and the entire module is overmolded.   The cooling syst...

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

n in 2025. Producing EVs, PHEVs, REEVs (range extenders) with right-hand drive. Plans call for expansion to 200,000 units in the future. Exports to Europe began in December 2025. Great Wall Motor Rayong Plant EVs, engines 80 H6(HV/PHEV), Jolion HV, Tank 500 HV, Tank 300 (HV/Diesel), POER Sahar HV Acquired the former GM Thai plant in November 2020. Export to Latin America and Oceania from 2025. Chonburi Plant Batteries - Battery modules, batte...

Market & Tech Reports  Updated at: 2026/02/24

The company produces motorcycles, scooters, electric two-wheelers, and premium motorcycles. It is the only recognised moped manufacturer in India. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize.   The company assembles BMW Motorrad motorcycles in India. IT also acquired British premium motorcycle brand Norton Motorcycles in 2020; however, production and sales have not yet started. It is one of the largest two...

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

" (see below). Mahle GmbH generated company-wide sales of EUR 11.681 billion in the fiscal year ended December 31, 2024 of which the thermal management division, with Mahle Behr GmbH & Co. KG at its core, yielded sales of EUR 4.076 billion. As part of the industry’s restructuring, the company has acquired the technical capabilities and bases of Delphi and Keihin's air conditioning business, and is promoting further global expansion as the core ...

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

artups and academia. Isuzu / UD Trucks joint press briefing. The podium was eye-catching, with both presidents moving around on equal footing, symbolizing the partnership between the two companies. Hino Motors, Ltd. (Hino)   Hino's strengths are its manufacturing integrity, which it has acquired by overcoming certification issues, and its support for customers through connected technologies, such as "Hino Support," which keeps custome...

Market & Tech Reports  Updated at: 2025/12/16

company will develop high-value-added products that meet the needs of automakers and increase orders. Specifically, the company will collaborate with Scotland-based company designLED Products Ltd. (designLED) to reduce the weight of displays and develop curved liquid crystal displays. DesignLED was acquired by Clarion’s France-based parent company, Faurecia, in 2021. It will also utilize the technology assets of Faurecia IRYStec Inc. of Canada,...

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

opments   Robert Bosch GmbH (Bosch) reported a consolidated sales turnover of EUR 90.3 billion in 2024. Of this total, EUR 55.8 billion came from the mobility business.   The company aims to become one of the top three global suppliers and, in 2023, invested in the ESMC European joint venture and acquired a wafer manufacturing site in Roseville, California. These moves are part of Bosch's strategy to expand in growth areas including the semicon...

Market & Tech Reports  Updated at: 2025/12/09

e-scale autonomous driving models through simulation learning and reinforcement learning, creates a real-time model that corresponds to the in-vehicle environment, and transmits this to the vehicle terminal via OTA, thereby achieving an update of autonomous driving functions. Furthermore, the newly acquired data is sent back to the cloud terminal, forming a closed loop of continuous optimization of "data - algorithm - deployment."   Regarding sp...

Market & Tech Reports  Updated at: 2025/12/05

of USD 4.4 billion, Honda 49%, LG 51%Construction start in 2023 In-house production Joint with GS Yuasa Undecided 20GWh 2027 Investment JPY 400 billion Nissan Finished product AESC Japan Zama Gigafactory, Japan - 2024 For BEVs, 20% funded by Nissan, 80% by Envision Group VEJ Made in Japan - - Acquired for HEVs with 47% stake in September 2022 AESC USA Smyna Gigafactory, Tennessee, USA 3.0GWh 2012 AESC U.K. Sunderland Gigafactory, UK In...

Market & Tech Reports  Updated at: 2025/12/01

ic parts and highly integrated modules for the automotive industry and is specialized in cockpits, door panels, bumper modules and innovative plastic vehicle body parts. The company was originally founded under the name Badische Plastikwerke in Bötzingen, Germany, in 1959. In 2011, the company was acquired by the Samvardhana Motherson Group based in India and is wholly owned by Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), which...

Market & Tech Reports  Updated at: 2025/11/20

ms, sensors, and motors, and is able to respond quickly to customer needs. It has an independent final assembly plant, dust-proof and antistatic constant temperature and humidity controlled assembly plant, highly efficient motor production lines, and well-equipped laboratories. The company has also acquired EU ECE certification and IATF 16949 quality system certification. Deco has built good relationships with its partner companies. The following...

Market & Tech Reports  Updated at: 2025/11/18

ade in August, Zhengzhou FinDreams Battery Co., Ltd., a BYD subsidiary, will begin work on a drive battery production line expansion project with a total investment of CNY 5 billion and an associated liquid cooling plate production line construction project. From June through September, the company acquired more than 5,000 mu (about 333 hectares) of land in Zhengzhou for about CNY 1.1 billion. The site will be used as a production base for finish...

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

ier, the keyword NOA is attracting much attention. As of 2016, Tesla was already developing autonomous driving systems under this name, but recently, Chinese companies have started developing autonomous driving capabilities as part of their AI utilization. Until now, China's automotive industry has acquired automotive development technology through joint ventures (JVs) with companies based in Japan, the United States, and Europe, but the fact tha...

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

ry technology and its recent acquisitions of Northvolt’s assets. The assets gained through the acquisitions include 16 GWh of operational battery manufacturing capacity, 15 GWh of manufacturing capacity under construction, and infrastructure to scale to more than 100 GWh of production. Lyten also acquired Northvolt’s portfolio of lithium-ion NMC batteries and battery energy storage systems. Lyten plans to resume production of Northvolt’s li...

Market & Tech Reports  Updated at: 2025/11/07