an Kumar concurred, stating that recent Frost & Sullivan surveys showed EV infrastructure issues as the top concern for vehicle customers, supplanting range anxiety. Additionally, Brandon Boyle raised the issue of whether dealerships are incentivized to sell EVs, as EVs offer less opportunities for aftermarket business and services, which are generally the dealership's primary source of profit. Stephanie Valdez Streaty highlighted financial incen...

Market & Tech Reports  Updated at: 2025/04/30

reas: Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, and eight business units: Active Safety Systems, Car Chassis Technology, Electrified Powertrain Technology, Electronics & ADAS, Passive Safety Systems, Commercial Vehicle Solutions, Industrial Technology, and Aftermarket. Currently, it is a mega-supplier with approximately 169,000 employees, 162 manufacturing sites in 31 countries, and 19 development center...

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

sales and service, and other areas to develop a new NEV smart car model. Battery swap partnership (CATL) On January 10, 2025, the company announced that it would enhance its strategic partnership with CATL. SAIC will deepen the alliance in areas such as technology co-creation, vehicle and battery aftermarket, overseas business expansion, and vehicle-electricity separation. China FAW Group Micro commercial vehicle project On March 20, 2025...

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

n: Vehicle dynamics including ABS, ESC, steering, etc. Power Solutions: Combustion engine technology, fuel cells, hydrogen engines, etc. Cross-Domain Computing Solutions: Development of automated driving technology, etc. Mobility Electronics: Development of control units and semiconductors Mobility Aftermarket: Aftermarket parts market E-Bike Systems: Electric bike related Development related: R&D facilities: The company has R&D bases for bra...

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

rchives of past exhibits reports   Booth of Greaves Electric Mobility   Greaves Electric Mobility Ltd., a business unit of Greaves Cotton Limited (GCL), showcased a range of two-wheelers and three-wheelers, including concept vehicles, charging solutions, engines, powertrain systems, and aftermarket accessories at the Bharat Mobility Global Expo 2025. Greaves began its two-wheeler journey by investing in Ampere, an electric two-wheeler...

Market & Tech Reports  Updated at: 2025/03/13

ration with CATL   In November 2024, Changan signed a memorandum of cooperation with Contemporary Amperex Technology Co., Ltd. (CATL) to strengthen their cooperative relationship. Over the next five years, the two companies will deepen their partnership in product promotion, innovation, marketing, aftermarket and overseas market development. In December 2024, Avatr Technology (Chongqing) Co., Ltd. agreed with CATL to strengthen strategic coopera...

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

eepening collaboration (CATL) Changan Automobile signed a memorandum of understanding with CATL on November 8, 2024 to enhance their overall relationship. Over the next five years, the two companies plan to cooperate in areas including joint promotion, technology innovation, market development, and aftermarket development. Avatr entered into a strategic alliance with CATL on December 24, 2024. The two companies will strengthen their partnership...

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

vehicles. The company is based in Germany with 168,738 employees (as of December 31, 2023). ZF’s business is structured into seven divisions: Chassis Solutions, Electrified Powertrain Technology, Electronics & ADAS, Passive Safety Systems, Commercial Vehicle Solutions, Industrial Technology, and Aftermarket. The ADAS business is handled by the Electronics & ADAS division, whose product lineup includes monocular cameras, stereo cameras, radars,...

Market & Tech Reports  Updated at: 2025/01/09

r 2024, passenger vehicle inventory at dealerships remains high at 75–80 days. This excess stock could extend the period of substantial discounts through the end of the year, potentially dampening sales momentum as 2024 concludes.     Driven by steady vehicle production in the country, a strong aftermarket, and growth in exports, the auto component industry registered a robust growth. The Indian auto components industry accounts for over 2% o...

Market & Tech Reports  Updated at: 2024/12/23

Goods, and Energy and Building Technology. Bosch restructured its Mobility Solutions business sector into the Bosch Mobility business sector, effectively since January 1, 2024. The new Mobility business sector is comprised of the following divisions: Bosch eBike Systems Electrified Motion Mobility Aftermarket Mobility Electronics Power Solutions Vehicle Motion Cross-Domain Computing Solutions The company’s net sales for the fiscal year ended...

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

e ratio of sales by customer is 66.8% for the Nissan Group and 27.6% for the Honda Group. (For the fiscal year ended March 31, 2024)   Panasonic Automotive Systems Co., Ltd. ▶ Recent developments Known as Strada, this Panasonic brand has high name recognition in the navigation systems products aftermarket. In terms of OEM business, the company supplies navigation systems to Mazda, Honda, Mitsubishi Motors, and Toyota. Panasonic also has a Eu...

Market & Tech Reports  Updated at: 2024/10/25

division of Sanden Corporation, which also handles vending machines and refrigerated and frozen display cases for stores, was an independent supplier. Since automotive air conditioners were not standard equipment until the mid-1980s, the company demonstrated its capability in the highly profitable aftermarket sector. [Management Improvement] In June 2020, the company announced that its application for business revitalization under the Turnarou...

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

ellfireESource: Alps Alpine Co., Ltd. Figure 4. BIGX11/Upgrade for 30 Alphard & VellfireESource: Alps Alpine Co., Ltd.   Future outlook   In the navigation market in 2024, while automobile manufacturers will continue to install displays as standard equipment, products available in the aftermarket such as Alps Alpine's that add value by providing connectivity with the vehicle will be attractive to users. However, developing such prod...

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

ember 31, 2023, Schaeffler employed approximately 83,362 people, which is a small decrease from 82,773 at the end of 2022. The company presently operates 20 R&D Centers distributed all over the world, 82 production plants. The company consists of three Divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. Seeing E-mobility as a key opportunity in its Mobility for Tomorrow strategy, Schaeffler has created the E-Mobility busin...

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

1% Operating margin 11.4% 9.6% 7.6% 8.2% 5.5% 6.3% -5.9%pt -3.3%pt Net profit or loss 2,513 2,703 1,853 7,928 1,129 1,478 -55.1% -45.3% Freecash flow 441 1,005 848 2,064 -2,531 1,342 - 33.5% (Source: Created by MarkLines based on Tesla announcements)   Tesla says energy, software, and the aftermarket are becoming key pillars of its business. Furthermore, the company emphasizes that investment and technology innovation are progressing in...

Market & Tech Reports  Updated at: 2024/08/19

y, chassis systems and modules, etc. Electric Powertrain Technology: Transmissions, electric drive systems, axle drives, etc. Electronics and ADAS: ADAS, electronics operations, etc. Passive Safety: Steering wheel systems, airbags, seat belts, etc. Commercial Vehicle Solutions Industrial Technology Aftermarket ZF’s power steering system business for passenger cars originated at TRW Automotive in the United States. With the merger of TRW with Z...

Market & Tech Reports  Updated at: 2024/07/19

838 FY ended Dec. 2023 Company-wide sales 22 22 Gestamp Automocion S.A. 13,272 11,295 FY ended Mar. 2024 Company-wide sales 23 20 thyssenkrupp AG 13,224 12,488 FY ended Dec. 2023 33% for automobiles (28% in 2022) 24 18 BorgWarner Inc. 13,062 11,119 FY ended Sep. 2023 Excluding off-highway and aftermarket (92%) (88% in FY2021) 25 27 Samvardhana Motherson Group 11,675 9,618 FY ended Dec. 2023 Excluding non-automotive 26 23 MAHLE GmbH 11,5...

Market & Tech Reports  Updated at: 2024/07/04

ck in the press-working of difficult-to-process ultra-high-tensile materials. It predicts the areas that are likely to crack, and adds material in those areas to provide extra strength. The amount of springback can be reduced by about 90% compared to conventional methods. The company announced that aftermarket performance mufflers were available exclusively for Subaru Levorg from October 2020 and Subaru WRX S4 from July 2022. The three developmen...

Market & Tech Reports  Updated at: 2024/05/30

r flow operations) based on four elements (people, vehicles, goods, and places) and 253 scenes and operating conditions. Based on different scenes and operating conditions, different New Energy technology lines can be adopted with the customer's TCO value as the main axis.   The innovation in the "aftermarket + ecosystem" business model has the potential to expand value. The Chinese commercial vehicle market is becoming increasingly characterize...

Market & Tech Reports  Updated at: 2024/04/30

reas: Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, and eight business units: Active Safety Systems, Car Chassis Technology, Electrified Powertrain Technology, Electronics & ADAS, Passive Safety Systems, Commercial Vehicle Solutions, Industrial Technology, and Aftermarket. Currently, it is a mega-supplier with approximately 165,000 employees, 162 manufacturing sites in 31 countries, and 19 development center...

Market & Tech Reports  Updated at: 2024/04/25