ESC has been mandatory for new models (registered passenger cars, excluding mini-vehicles) since October 2012, and for all passenger cars except mini-vehicles since October 2014. February 2019, AEBS (Advanced Emergency Braking System) became mandatory 40 countries, including Japan, have reached an agreement. Japan led the world in implementation starting in earnest in November 2021, with new, fully redesigned domestic models. The other applicabl...

Market & Tech Reports  Updated at: 2025/05/29

itional 25% tariff on automobiles and auto parts on April 3. With regard to auto parts, relief measures were announced for companies that produce automobiles within the U.S., which came into effect on May 3. As a result of negotiations between the Trump administration and various countries, a trade agreement was concluded between the U.S. and the UK on May 8, under which it was agreed that a 10% tax rate would be applied to the first 100,000 vehi...

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

will advance the development of small, high-performance, and highly efficient electric drive units.   Three joint venture companies were established: MHHO Electric Drive Co., Ltd., Mazda Imasen Electric Drive Co., Ltd., and MCF Electric Drive Co., Ltd. Regarding motors, Mazda signed a development agreement with Fukuta for the joint development of advanced motor technology (a joint development agreement for the development of advanced technology...

Market & Tech Reports  Updated at: 2025/05/20

m, and industrial cooperation," will focus on cutting-edge technologies such as EVs and hydrogen fuels to provide efficient, smart, and sustainable solutions for urban logistics, long-distance transportation, and global markets.   On April 23, GAC Group signed a comprehensive strategic cooperation agreement with CATL, which unveiled its new swappable Choco-SEB (Swapping Electric Block) battery at the Auto Shanghai 2025 motor show. Based on the a...

Market & Tech Reports  Updated at: 2025/05/20

s family called Napier grass, grown on the plant's premises as well as from leftover food from the plant's cafeteria. The plant can produce 0.2 tons of biogas per day, and expects to reduce CO2 emissions by approximately 190 tons per year through the use of biogas. In September of the same year, an agreement was reached with the University of Agriculture Faisalabad in Pakistan to conduct joint research and development of biogas.   SUV sale...

Market & Tech Reports  Updated at: 2025/05/15

including EVs, PHVs, and HVs, was 207,646, expanding the share of electric vehicles in total vehicle sales volume from 20.7% in 2023 to 32.7% in 2024. Chinese OEMs have been taking advantage of the Thai government's support for the spread of EVs and the 0% tariffs under the ASEAN-China Free Trade Agreement (ACFTA) to import and sell EVs. In addition, in response to the recent increase in demand for hybrid vehicles in the Thai market, HV and PHV...

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

administration, the most impactful on the automotive industry is the additional 25% tariff on automobiles and automotive parts based on Section 232 of the 1962 Trade Expansion Act. The additional tariff came into effect on April 3.   If the rules of origin of the USMCA (United States-Mexico-Canada Agreement) are met, the additional 25% tariff on automobiles and automobile parts under Section 232 will be levied on products other than those with U...

Market & Tech Reports  Updated at: 2025/05/02

– that is only because the industry is already covered by other, more specific, tariffs. On April 3, 25% tariffs were imposed on imports of finished vehicles. While this applies to all countries, vehicles from Canada and Mexico that are compliant with the United States-Mexico-Canada (USMCA) trade agreement rules are subject to taxes only on their non-US content. US content is defined as “the value of parts wholly obtained, produced entirely, ...

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

chain of the entire automotive industry. In particular, the additional 25% tariff on automobiles and auto parts that took effect on April 3 covers all non-U.S.-made products, and non-U.S. component prices are subject to the tax even if they meet the rules of origin of the USMCA (U.S.-Mexico-Canada Agreement). This will have a major impact not only on foreign OEMs from Japan, Korea, Europe, etc., but also on American automakers with global operat...

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

istry of Economy, Trade and Industry (METI) for an exemption from the Explosives Control Law in Japan for inflators used in child restraint systems with airbags (suggesting some kind of joint development of the product). In November 2021, the company announced that it had signed a joint development agreement with the Italian Piaggio Group for the development of airbags for motorcycles. Autoliv has already developed an initial concept using simula...

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

with the AI 3.0 architecture to create a one-stop, end-to-end smart driving experience. The company also announced the development of a new intelligent cockpit and the introduction of the Apple ecosystem. Partnership in intelligence (Huawei) On February 21, 2025, the company signed a partnership agreement with Huawei. The partnership will include product definition, production and manufacturing, supply chain management, sales and service, and ...

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

n models with automakers.  Specifically, these refer to the Smart Selection Car model, solution model, and parts supply model. Currently, the company is partnering with Seres, BAIC, Chery, and JAC through its Smart Selection Car system. In February 2025, the company signed a strategic partnership agreement with the SAIC Group to engage in strategic cooperation in areas including product definition, manufacturing, supply chain management, and sa...

Market & Tech Reports  Updated at: 2025/04/16

ra-lightweight and compact Retail price: JPY 437,800 (including tax)   Speed Master Co., Ltd. (Speed Master) was founded in 1998 in Koto Ward, Tokyo, and is a company that develops, manufactures, and sells motorcycle lubricants, additives, and chemical products. Speed Master has signed a sales agreement with China's FELO Technology (Shanghai) Co., Ltd. (FELO) for FELO products in Japan. FELO is developing motorcycles for a new era based on t...

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

r behind Ford. Its products are not used in Class 3 or lower (leisure pickup trucks). Among Japanese OEMs, the company has a close relationship with Hino Motors, Ltd. (Hino), which has adopted Allison’s products in Japan and the United States. The company has also entered into a joint development agreement for e-Axles through “Project Z”. The company also supplies ATs to Isuzu, and its first customer for the e-Axle "eGen Power" was Anadolu ...

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

ata: Software Defined Vehicles An Ecosystem Approach NTT Data's overall SDV vision Micware: Hardware-less development environment "CARE-RISU” Denso: Integrated ECU software development strategy   The latest trend in SDV is the need for an ecosystem that transcends industries, and a comprehensive agreement has been signed between NTT Data Group Corporation (NTT Data) and Denso Corporation (Denso). Going forward, it is expected that collaboratio...

Market & Tech Reports  Updated at: 2025/04/09

construction on the same site. When completed, the project is expected to employ 8,500 people. The company also stated that it will add hybrid vehicle production in May 2025 by utilizing its existing EV plant. China On April 25, 2024, Beijing Hyundai Motor Co., Ltd. signed a strategic cooperation agreement with CATL for EV batteries. Beijing Hyundai plans to equip its upcoming EVs with batteries manufactured by CATL, including more than 10 glob...

Market & Tech Reports  Updated at: 2025/04/07

gqing Changan Automobile Co., Ltd. (Changan) and SERES Automobile Co., Ltd. each acquired a 10% stake in Shenzhen Yinwang Intelligent Technology Co., Ltd., a Huawei subsidiary that develops automotive intelligent systems and components solutions businesses. In November 2024, the company signed an agreement to deepen its alliance with Guangzhou Automobile Group Co., Ltd. (GAC Group). It launched a new high-end smart NEV brand. Huawang Automotive...

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

km.       Olectra Greentech Limited, established in 2000, is a publicly listed company and a part of the MEIL Group (Megha Engineering & Infrastructures Limited). In 2015, the company introduced electric buses in India. Its production facilities are based in Hyderabad, Olectra has a partnership agreement with BYD Auto Industry Co Ltd for the assembly, manufacturing, sales, marketing, and aftersales service of electric buses in India. Its prod...

Market & Tech Reports  Updated at: 2025/03/27

ctronics and ADAS” division that handles electronic control devices such as ADAS and the “Passive Safety Systems” division that handles safety devices such as airbags and seat belts. ZF Friedrichshafen has strengths in its commercial vehicle division as well. In March 2019, it signed a merger agreement with WABCO, a major supplier of air brake systems for commercial vehicles, for an acquisition price of approximately USD 7 billion. The merg...

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

e of project launch, with an annual production of 50,000 units, mainly for export. New K0 model to be produced in Türkiye Tofas, a joint venture passenger car manufacturer between Stellantis and the Turkish conglomerate Koc Holdings, announced on November 4, 2024, that it has signed a production agreement with Stellantis Europe. Stellantis Europe has granted Tofas production rights in Türkiye for the new K0 light commercial vehicle and Combi ...

Market & Tech Reports  Updated at: 2025/03/18