Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

Analysis Report: Lithium-Ion Battery (China Market) Market Dominance by the Top 2 Companies Continues Major suppliers Introduction I. Current status of the lithium-Ion battery market for NEVs in China II. Development trends of lithium-ion battery technology for NEVs III. Product structure and delivery status of major lithium-ion battery companies IV. Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery compa...

Market & Tech Reports  Updated at: 2025/06/12

Group: Electric platform, Tiangong 06 midsize SUV, Bestune Yueyi series Dongfeng Motor: Showcasing the latest achievements in its intelligentization strategy and unveiling a new technology brand BAIC Group: Arcfox and Stelato with Huawei Technology, BJ series unveiled   Auto Shanghai 2025, officially known as the 21st Shanghai International Automobile Industry 2025 Exhibition, was held at the Shanghai National Exhibition and Convention C...

Market & Tech Reports  Updated at: 2025/06/12

ew electric models Summary Kenworth debuts new T880E and next-generation T680E Class 8 electric trucks Peterbilt updates electric lineup with next-generation Model 579EV and new Model 567EV Harbinger debuts medium-duty plug-in hybrid vehicle Mack Trucks' Pioneer makes exhibition debut; announcement of battery-electric version BorgWarner showcases iM-575 drive module; ZF debuts transmission and air compressor Cummins highlights battery electric po...

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

Auto Shanghai 2025: SAIC Pearl concept car, Cyber X, G50 Hybrid, AI cockpit concept, and more Summary Announcement of overseas strategy "Glocal 3.0" to launch 17 new models overseas in 3 years Roewe: "Pearl" concept car and Roewe D6 MG: Cyber X world premiere, 2026 Cyberster Maxus: G50 hybrid version IM: Exhibiting the L6, digital chassis-by-wire technology and AI cockpit concept Baojun: A flagship sedan for families equipped with intelligent tec...

Market & Tech Reports  Updated at: 2025/06/03

Auto Shanghai 2025: Geely, Chery Geely unveils AI-equipped flagship MPV; Chery premieres new QQ and Tiggo 9L concepts Summary Geely: AI-equipped four-wheel drive "Galaxy Battleship"; battery business integration Chery: New QQ and Tiggo 9L concepts, luxury SUV Exeed brand “Sterra Tianji” Zeekr launch event   Auto Shanghai 2025, officially known as the 21st Shanghai International Automobile Industry Exhibition, was held at the Nationa...

Market & Tech Reports  Updated at: 2025/05/30

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 announcements...

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

Analysis Report: Brake (Japanese Market) AEBS / Compliance with enhanced regulations such as preventing pedal misapplication List of brake suppliers I. Introduction II. Recent trends in brake technology III. Overview of major brake suppliers and their products IV. Overview of global facilities of brake suppliers V. Sales comparison of major brake component suppliers VI. Major brake component suppliers, their customers, and equipped Japanese produ...

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

Auto Shanghai 2025: Smart Cockpit, HMI Technology Exhibits by Banma, Pony.ai, Huaqin Technology, Neusoft, ReachAuto, Joyson Electronics, and more Summary Banma: Integrated E2E smart cabin framework, etc. Pony.ai: 7th generation autonomous driving software/hardware system solution Huaqin Technology: Flagship cockpit domain controller Neusoft/ReachAuto: Intelligent cockpit software products Joyson Electronics: JoySpace+ intelligent cockpit Autolink...

Market & Tech Reports  Updated at: 2025/05/28

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (April 2025) Electric vehicle sales in April increase 31.6% y/y to 1,341,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report...

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

ASEAN Vehicle Sales and Production Update (Q1 2025) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - March 2025 Thailand BEV sales by OEM ASEAN News Topics (Q1 2025)   * An updated version of this ASEAN report will be released every quarter.  * Thailand's sales from January to March 2025 include an adjusted value of -...

Market & Tech Reports  Updated at: 2025/05/21

Auto Shanghai 2025: GAC, Changan, Great Wall Motor Next generation smart cars, luxury orientation, off-road capabilities Summary GAC Group: World premiere of four new models, accelerating the transition to the smart car era Changan: Three models exhibited; targeting sales of 5 million units in 2030 Great Wall Motor: 6 brands in the lineup, promoting technology and off-road capabilities Deepal Auto's exhibition booth   Auto Shanghai 2025...

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

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

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

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

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

enz: Three new AMG models Luxury brands: Porsche, Maserati, Aston Martin, Rolls-Royce Motorcycle: Honda, Suzuki, Yamaha, BMW, and others BIMS 46th's entrance   The 46th Bangkok International Motor Show (BIMS) took place in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   This year's event will feature a diverse lineup of international aut...

Market & Tech Reports  Updated at: 2025/05/08

Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

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

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (March 2025) Electric vehicle sales in March increase 33.4% y/y to 1,490,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report...

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

Bangkok International Motor Show 2025 (1) Chinese OEMs BYD, Geely, Chery, Changan, MG, GAC, and others Summary BYD: Shark 6 DMO PHEV pickup truck, Denza D9 flagship electric MPV Geely: Star Wish compact EV, Zeekr SUV and MPV, RIDDARA electric pickup truck Chery: Market entry of Chery brand, Omoda & Jaecoo model lineup Changan: Deepal S05 BEV and REEV variants MG (SAIC): New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: ...

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

Analysis Report: Airbag (U.S. and European Markets) Applications of airbag system technology rapidly expanding List of suppliers Introduction I. Airbag market trends II. Airbag technology trends III. Technology development and global business and facilities of major airbag suppliers (U.S./Europe) IV. List of airbag suppliers by OEM customer (for U.S./EU produced models) V. Equipment list by supplier and model (for U.S./EU produced models) ⅤI. S...

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

Chinese Market Q1 2025 Promoting the spread of advanced intelligent driving; planning the launch of NEVs including REEVs Summary Trends of Chinese OEMs (Q1 2025) Trends of major non-Chinese manufacturers (Q1 2025) Policies related to China's automotive industry (Q1 2025) Major Chinese OEM's 2025 Q1 sales volumes (ex-factory) BYD Advanced Intelligent Driving presentation (Source: BYD)   The China Association of Automobile Manufacturers (...

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