iSi Automotive GmbH, established in 1995, and Korea-based SNT Motiv Co., Ltd., originally a defense equipment manufacturer, both of which mainly supply products for the Volkswagen Group.   Thus, there have been major changes in the airbag market globally over the past few years due to mergers and acquisitions among the top suppliers and the rise of emerging players.   At present, Autoliv, Joyson Safety Systems, and Japan-based Toyoda Gosei Co....

Market & Tech Reports  Updated at: 2025/04/24

tware co-design, which is a principle already employed in consumer electronics and increasingly critical for automotive innovation. Efficiency and performance as seen in smartphones can only be achieved when silicon is custom designed to support the software it runs.   Skills, Culture, and Talent acquisition   Mr. Asmus concluded his presentation that developing cutting-edge automotive software isn't just technological change—it’s also abo...

Market & Tech Reports  Updated at: 2025/04/22

ips and industrial equipment ZF Electrified Powertrain Technologies (Hangzhou) Co., Ltd. Hangzhou City, Zhejiang Province Gear manufacturing, motors, e-Axles History The company acquired Sachs in 2001 and TRW in 2015 to strengthen its Active & Passive Safety Technology business. In 2020, the acquisition of WABCO, a major chassis control company, was completed and a new division, Commercial Vehicle Control Systems, was created. In January 2...

Market & Tech Reports  Updated at: 2025/04/15

nce 2019 and which “merges classical image processing algorithms with AI methods to create a complete understanding of a scene”. The company’s exhibition booth demonstrated that the company based in Stuttgart clearly intends to migrate from an object level with classification towards AI-based acquisition and processing. The idea is to use AI-based perception as a general basis.   The company also emphasized the huge role generative AI will...

Market & Tech Reports  Updated at: 2025/03/21

ronics is a company under the umbrella of ZF Friedrichshafen, engaged in the business of safety devices such as brakes and seat belts and the business of electronic control systems such as ADAS. ZF of Germany’s brake business originated from the former U.S.-based TRW Automotive. German-based ZF's acquisition of U.S.-based TRW was finalized in May 2015 and what was formerly TRW Automotive became the newly-formed ZF Friedrichshafen AG's Active & ...

Market & Tech Reports  Updated at: 2025/03/21

t development, marketing, and ecosystem services. In February 2025, Deepal also signed an agreement with Huawei to strengthen a comprehensive business partnership. The company said it would promote the application of intelligent technologies such as Qiankun (Smart Driving) and Harmony (Cockpit). Acquisition of shares in Huawei subsidiary Changan announced that in August 2024, Avatr Technology (Chongqing) Co., Ltd. (Avatr) invested CNY 11.5 bil...

Market & Tech Reports  Updated at: 2025/03/12

12.6% to 5,000 units. Click here to see NEV sales trends in 2024.   On June 20, 2023, the Chinese Ministry of Finance, the General Administration of Taxation, and the Ministry of Industry and Information Technology jointly issued the "Public Notice on the Extension and Optimization of the Vehicle Acquisition Tax Exemption Policy for New Energy Vehicles". NEVs purchased between January 1, 2024 and December 31, 2025 are exempt from the vehicle pu...

Market & Tech Reports  Updated at: 2025/02/19

ssenger car sales outside China totaling 417,000 units in 2024.   The major overseas trends for 2024 are as follows: European Market   BYD is still expanding its sales in the European market despite the obstacles posed by the EU's anti-subsidy tax policies. In Hungary, the company announced the acquisition of land and the construction of its first NEV plant in Europe. In addition, the company entered markets such as the UK, Spain, and Greece,...

Market & Tech Reports  Updated at: 2025/02/18

se through alliances with major automakers (including a joint venture with BYD). The company expects to generate USD 4 billion in electric vehicle-related revenues by 2025. BorgWarner has strengthened its competitiveness in the electric drive systems and inverter fields through such measures as the acquisition of Eldor's electric hybrid systems business. The company's long-term strategy also includes achieving carbon neutrality, and the company a...

Market & Tech Reports  Updated at: 2024/11/28

ity, but its application is now being expanded to high output engines. Two types of belts are currently in use: metal push belts and metal multi-link chains.   CVT belt suppliers Belt supplier Structure Main applicable CVTs Remarks Bosch Transmission Technology BV Metal push belt JATCO 1995: Acquisition of Van Doorne's Transmissie (VDT).2009: Company name changed to Bosch Transmission Technology BV. CVTEC Co., Ltd. (Aisin 66.6%, Toyota 3...

Market & Tech Reports  Updated at: 2024/11/21

s SDVs evolve, the differentiating value will shift to providing "experiences" in combination with cloud services and data utilization. Aeris Communications As a cloud service for the automotive industry based on the IoT communication infrastructure, this presentation outlines approaches for data acquisition and service management on both the cloud and in-vehicle sides, with a view to using data platforms to evolve ADAS and expanding future mon...

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

-Pace o LR Range Rover o Mercedes-Benz S-Class o Porsche Macan, Panamera o Volkswagen ID.4 o   FORVIA SE (FORVIA faurecia) ▶ Recent trends With more than 500 locations across 38 countries and almost 153,500 employees, FORVIA is a top ten global automotive supplier. Following the acquisition of Hella on January 31, 2022, the company is organized into the following six business units: Seating Develops and manufactures complet...

Market & Tech Reports  Updated at: 2024/10/31

and data models for the development and testing of entire vehicles, a non-competitive area within the automotive industry, and they are used especially for measurement, calibration, simulation and test automation. Many tools are compliant with ASAM standards. In addition, the ASAM-ODS (Storage and Acquisition of Measurement Data) standard is used as the standard for the data management infrastructure of all major automobile manufacturers, and AS...

Market & Tech Reports  Updated at: 2024/10/22

nts Tork's first Extended Producer Responsibility (EPR) partnership in India.   Investment and support from Bharat Forge   In 2018, Bharat Forge invested INR 300 million in Tork Motors to acquire 45% stakes to advance EV powertrain technologies. Following additional rounds of investment and stake acquisitions, Tork Motors became a step-down subsidiary of Bharat Forge. As of March 2024, Bharat Forge holds a 64.29% equity interest in this company...

Market & Tech Reports  Updated at: 2024/10/16

ice linking with Sony Corporation's aibo pet robot in November 2020 and with the services of IFTTT Inc. in March 2021. New orders in 2021 reached EUR 2.6 billion, driven by Japanese and Chinese carmakers, Stellantis and others, achieving management targets. The parent company Faurecia completed the acquisition of Hella GmbH & Co. KGaA (Hella) in January 2022 and created a new integrated group "Forvia". The integration of the two companies' electr...

Market & Tech Reports  Updated at: 2024/10/03

ing five major product bases in the Northeast, North, East, South, and Southwest China regions, as well as building 66 production sites in rapid succession. Other facilities: The company has promoted global resource allocation and established offices in America, Mexico and Europe. In addition, the acquisition of the German company ABC Umformtechnik GmbH & Co. KG accelerated the pace of internationalization.   Please refer to “Detailed list of...

Market & Tech Reports  Updated at: 2024/09/27

phase-stabilized ammonium nitrate propellant), the company filed for bankruptcy protection to restructure and all Takata assets and businesses were acquired by Key Safety Systems (KSS), and renamed as Joyson Safety Systems. Also, the industry's landscape changed dramatically with events such as the acquisition of the U.S.-based TRW Automotive by Germany's ZF in May 2015.   New entrants include Austria-based iSi Automotive GmbH, established in 19...

Market & Tech Reports  Updated at: 2024/09/12

automated positioning system has set a global standard for wireless EV charging. In 2023, Mahle secured two major orders worth nearly EUR 1.5 billion for its new thermal management module, which enhances vehicle efficiency and boosts electric car range by up to 20 percent. The year also saw strong acquisition activity, with new orders exceeding EUR 10.5 billion, and an increased investment in research and development to EUR 673 million, resultin...

Market & Tech Reports  Updated at: 2024/09/05

an efficient and agile organization For companies to transition to software-centric development, a shift in mindset throughout the organization is necessary. The entire software development approach must be scalable and flexible and run continuously in the cloud. This shift also extends to talent acquisition, as companies need to attract the best and brightest talent that fits into a collaborative ecosystem. CEO Becker said that software devel...

Market & Tech Reports  Updated at: 2024/08/09

products (MCU) by establishing an integrated development system from software system requirements to unit design/evaluation and system evaluation. In May 2020, to increase ECU development resources for automotive components in North America, Canadian JTEKT subsidiary Koyo Canada Inc. announced the acquisition of Halifax R&D, an ECU development facility owned by KSR International. Halifax R&D has a track record of developing H-EPS MCUs (Motor Con...

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