s, construction, machinery and chemical industries. It is one of the world's leading suppliers of catalyst washcoat catalysts in the area of automotive exhaust system components. In June 2007, the company acquired the catalyst-related businesses of Delphi Corporation of the United States under U.S. Bankruptcy Code proceedings. The purchase price was USD 55.6 million. Products: Catalyst washcoat Customers: The company supplies product to customers...

Market & Tech Reports  Updated at: 2025/06/19

me ACT Expo was hosted in Anaheim in 2023, the 2025 exhibition spanned twice the exhibit space, with more than 500 exhibitors and partners and over 12,000 attendees. Anaheim Convention Center with sign advertising ACT Expo 2025 Honda Class 8 Hydrogen Fuel Cell Truck Concept   Despite the bankruptcy of notable companies in the hydrogen commercial vehicle industry including Nikola and Hyzon, several companies featured hydrogen-related an...

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

now Joyson Safety Systems of the U.S.), and TRW Automotive of the U.S. (now ZF Friedrichshafen AG/ ZF LIFETEC). However, following the auto industry’s largest recall ever of Takata-made inflators (using ammonium as a gas generator) that started to explode, first in the U.S., the company filed for bankruptcy protection to restructure. In April 2018, Takata (all Takata assets and businesses excluding those related to ammonium nitrate air bag infl...

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

production at the time of their establishment, so they outsourced production to the major automakers. Some emerging OEMs have acquired production credentials through acquisitions and are now producing on their own. As competition intensified in the Chinese automobile market, many emerging OEMs went bankrupt, one after another. Today, emerging OEMs have basically ended "outsourced manufacturing".   ICT companies, such as Huawei and Baidu, are dee...

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

ts subsidiary Xiaomi EV Technology Co., Ltd.’s SU7 EV. While some emerging EVs were doing well, Hozon Auto, which had seen steadily increasing sales, experienced a significant decline in 2024. In addition, a shakeout is also underway, with Jiyue Auto, in which both Baidu and Geely invested, going bankrupt.   Sales by German automakers decreased 10.8% y/y to 4.013 million units. All three German companies saw sales decline compared to the prev...

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

rseas sales volume target for 2024 is 150,000 units, and GAC aims to export 500,000 units by 2030. GAC already operates several assembly plants in Africa and Southeast Asia. Of these, GAC Aion's Thai plant began operations in July 2024. As for joint ventures with overseas-based OEMS, following the bankruptcy of GAC Fiat Chrysler Automobiles Co., Ltd. (GAC FCA) and the adjustment of the capital structure of GAC Mitsubishi Motors Co., Ltd. (GAC Mi...

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

hate system has an olivine crystal structure and is highly safe because it does not easily disintegrate even when heat is generated inside the battery. Many Chinese manufacturers use it, but the background is that they have acquired and developed the technology developed by A123 Systems, which went bankrupt in the United States. In addition, iron has the advantage that the material cost is lower than that of manganese. The disadvantages are 1) hi...

Market & Tech Reports  Updated at: 2024/10/18

of Sweden, the former Takata of Japan (now Joyson Safety Systems of the U.S.), and TRW Automotive of the U.S. (now ZF of Germany). However, following the auto industry’s largest recall ever of former Takata-made inflators (using 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 Syst...

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

JPY 441.5 billion, resulting in excess liabilities. March through June 2022 On March 1, filed for Turnaround ADR (Alternative Dispute Resolution). Total liabilities were JPY 1,133 billion to 26 financial-related creditors (including JPY 150 billion to Chinese banks). On June 24, the company went bankrupt. As a result of a meeting of creditors, the rehabilitation plan failed to obtain the consent of all banks. Marelli Holdings and four other su...

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

Safety Systems of the U.S.), and TRW Automotive of the U.S. (currently ZF Active Safety And Electronics U.S.). However, following the auto industry’s largest recall ever of Takata-made inflators (using ammonium as a gas generator) that started to explode, first in the U.S., the company filed for bankruptcy protection to restructure. In April 2018, Takata (all Takata assets and businesses excluding those related to ammonium nitrate air bag infl...

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

ace in 2023, the only one of the top five companies to post a negative sales volume growth (-16.2% y/y).   Competition in the NEV market is intensifying as traditional automakers accelerate their transition to electrification. Emerging EV makers are facing increasing pressure, with some at risk of bankruptcy or production shutdowns. In October 2023, WM Motor Technology Group Co., Ltd. (WM Motor) filed for reorganization-type bankruptcy proceedin...

Market & Tech Reports  Updated at: 2024/04/24

shipped in 2023 followed by FCV trucks Canoo: Received orders for a delivery van from a large customer, started deliveries at the end of 2023 Faraday Future: First delivery of a full-size crossover EV, priced over USD 300,000 Lordstown Motors: Suspends production and sales of trucks as it files for bankruptcy protection Arrival: Nasdaq trading suspended; considering sale of business and assets Rivian's flagship model, the R1T pickup truck (...

Market & Tech Reports  Updated at: 2024/04/02

n announced, as well as vehicles from start-up companies. The Tesla Cybertruck was shown for the first time in 2019, but as of July 2023 there is still no date for its start of series production.   But not every market launch goes smoothly. At the end of June 2023, the start-up Lordstown filed for bankruptcy. The brand is named after the town of Lordstown, Ohio, where Foxconn bought a former GM factory as an investor. However, the price war for ...

Market & Tech Reports  Updated at: 2024/01/05

hate system has an olivine crystal structure and is highly safe because it does not easily disintegrate even when heat is generated inside the battery. Many Chinese manufacturers use it, but the background is that they have acquired and developed the technology developed by A123 Systems, which went bankrupt in the United States. In addition, iron has the advantage that the material cost is lower than that of manganese. The disadvantages are 1) hi...

Market & Tech Reports  Updated at: 2023/11/01

of Sweden, the former Takata of Japan (now Joyson Safety Systems of the U.S.), and TRW Automotive of the U.S. (now ZF of Germany). However, following the auto industry’s largest recall ever of former Takata-made inflators (using 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 Syst...

Market & Tech Reports  Updated at: 2023/09/21

JPY 441.5 billion, resulting in excess liabilities. March through June 2022 On March 1, filed for Turnaround ADR (Alternative Dispute Resolution). Total liabilities were JPY 1,133 billion to 26 financial-related creditors (including JPY 150 billion to Chinese banks). On June 24, the company went bankrupt. As a result of a meeting of creditors, the rehabilitation plan failed to obtain the consent of all banks. Marelli Holdings and four other su...

Market & Tech Reports  Updated at: 2023/07/27

ch through June 2022 Filed for Turnaround ADR (Alternative Dispute Resolution). Total liabilities were JPY 1,133 billion to 26 financial-related creditors (including JPY 150 billion to Chinese banks). The revitalization plan failed because the consent of all banks was not obtained. The company went bankrupt. June and July 2022 Marelli Holdings and four other subsidiaries had applied for business Turnaround ADR, and the four subsidiaries were ap...

Market & Tech Reports  Updated at: 2023/05/18

on Safety Systems of the US), and TRW Automotive of the U.S. (currently ZF Active Safety And Electronics U.S.). However, following the auto industry’s largest recall ever of Takata-made inflators (using ammonium as a gas generator) that started to explode, first in the U.S., the company filed for bankruptcy protection to restructure. In April 2018, Takata (all Takata assets and businesses excluding those related to ammonium nitrate air bag infl...

Market & Tech Reports  Updated at: 2023/04/20

and Kia) continued to decline in 2022 with sales of 381,000 units, down 27.3% from the previous year. Under these circumstances, the Hyundai Motor Group established a hydrogen energy company in Guangzhou in October 2022.   Sales by France-based automakers rose slightly. In December 2022, GAC FCA's bankruptcy application was accepted by the court.   Passenger car sales volume and market share by country 2021 2022 change Volume (000s units...

Market & Tech Reports  Updated at: 2023/02/14

sh notifications on traffic light signals, green wave speeds, a start reminder at the green light, alert to red light jumpers, road information broadcasts, and electronic road signs. Car owners will also be able to access the smart transportation system through OTA updates. Stellantis GAC FCA bankruptcy On October 31, 2022, Guangzhou Automobile Group Co., Ltd. (GAC) announced that GAC Fiat Chrysler Automobiles Co., Ltd. (GAC FCA), a joint v...

Market & Tech Reports  Updated at: 2023/01/26