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

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

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

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: 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

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

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: 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

ve Shai Agassi, played a pioneering role in the automated ex - change of electric car batteries [1]. At the time, Renault had designed the electric version of the Fluence compact sedan to be compatible with battery swap stations, but the idea did not take off and Better Place was forced to file for bankruptcy in 2013. Then the American electric car manufacturer Tesla experimented with the technology and constructed a pilot station in California. ...

Market & Tech Reports  Updated at: 2022/12/15

40% of Beiqi Foton shares.   Note 4: BAIC Group announced the acquisition of shares in Beiqi Foton in November, 2022.   Major reorganization of affiliated companies Beijing Borgward Automobile (Borgward) Beijing Borgward Automobile Co., Ltd. (Borgward), a subsidiary of Beiqi Foton, filed for bankruptcy in April 2022. Prior to this, in March 2021, Beiqi Foton planned to recover the assets and liabilities associated with Borgward's engine bu...

Market & Tech Reports  Updated at: 2022/11/17

released in Q2 2023.   Livan Auto: Targeting sales of 250,000 units by 2025, mainly battery-swappable EVs The Livan Auto 80V PRO with swappable batteries (Source: Livan Auto)   Geely Automobile Holding acquired Lifan Industry (Group) Co., Ltd., which went through reorganization-type bankruptcy proceedings in 2020, through one of its subsidiaries. In January 2022, the company established a joint venture with Lifan Technology to for...

Market & Tech Reports  Updated at: 2022/10/27

ormer Takata of Japan (now Joyson Safety Systems of the U.S.), and TRW Automotive of the U.S. (now ZF Friedrichshafen 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 (excluding those related to phase-stabilized ammonium nitrate air bag inflat...

Market & Tech Reports  Updated at: 2022/10/20

period. We are expecting the start-up BEV OEMs to contribute over 360k of incremental volume to US production and increasing from only 2.2k in 2021. In all, we currently expect 14 new OEMs dedicated to BEVs to be producing in 2027 but they all come with a high degree of risk, as notably the recent bankruptcy by start-up ELMS can attest.”   US Production Forecast (LMC Automotive, August 2022) SALES GROUP GLOBAL MAKE 2019 2020 2021 2022 2023...

Market & Tech Reports  Updated at: 2022/10/05

ing, and its premium EV brand, Voyah. DFMC also plans to launch a high-end electric off-road brand. In addition, it is developing its passenger car business through joint ventures with foreign companies such as Nissan, Honda, and Stellantis. In recent years, the dissolution of Dongfeng Renault, the bankruptcy of Dongfeng Yulon, and the withdrawal of Dongfeng Yueda Kia have accelerated the separation of underperforming joint ventures, and the comp...

Market & Tech Reports  Updated at: 2022/09/01