ained the lost ground and the won has stabilized. Korea’s resilient consumers appear to be already used to the ongoing political turmoil. Nonetheless, political uncertainty and growing global trade tensions remain the major risks to the economy and new vehicle sales. The Bank of Korea has cut its benchmark interest rate again to the lowest level in almost 2.5 years to support the economy. South America Brazilian Light Vehicle sales totaled 17...

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

e bulkhead within the front compartment. Furthermore, the side sills, which have the same cross-sectional shape from the front to the rear, and the battery case, made by welding aluminum structural components, are designed to ensure the rigidity of the underside of the vehicle. The MarkLines Benchmark Center, which was responsible for the teardown of the Xiaomi SU7 (pictured), has conducted independent and contracted research on several EV...

Market & Tech Reports  Updated at: 2025/03/04

spects,” said Fahrner as a general conclusion. USE OF GALLIUM NITRIDE Another important factor in all of these charging systems is the quality of the conversion process from alternating current to direct current and vice versa. Today, power semiconductors made of silicon carbide (SiC) are the benchmark in the automotive sector when it comes to the efficiency and power density of circuits in the power and charging electronics of BEVs. Howeve...

Market & Tech Reports  Updated at: 2025/01/31

he mass market segment, the focus remains on the energy content. Many lithium-ion cells with the same gravimetric power density as lithium-ion capacitors have a greater energy density and therefore represent a better solution,” says Stapelbroek, summarizing the results of the company’s internal benchmarking processes. The advantages that hybrid batteries have over existing lithium-ion cells primarily relate to their power density and, to a le...

Market & Tech Reports  Updated at: 2024/08/22

with a market share of 20.5% and 10.4%, respectively.   Indonesia’s vehicle sales in the first half of 2024 slid 19.4% to 408,012 units.   Commenting on the slowdown in the national automotive industry, the Gaikindo Secretary General said this could be felt since the U.S. Fed began raising its benchmark interest rate in Q3/2023. Bank Indonesia (BI) has also started to raise its benchmark interest rate to the current level of 6.25%. Other fac...

Market & Tech Reports  Updated at: 2024/08/20

es) purchased a top-of-the-line BYD Yangwang U8 (base price approx. JPY 23 million), BYD Auto Co. Ltd.'s entry into the large off-road vehicle market as part of an effort to expand its product lineup. MarkLines will conduct a vehicle teardown survey in August 2024 at our newly established MarkLines Benchmark Center in Atsugi, Kanagawa Prefecture.   The Yangwang U8 debuted at the Guangzhou Motor Show in January 2023, and sales began in the Chines...

Market & Tech Reports  Updated at: 2024/08/07

bility   MarkLines Co., Ltd. (MarkLines) will purchase the Yangwang U8 (base price approx. JPY 23 million), BYD Auto Co. Ltd.’s top-of-the-line model for the large off-road vehicle market as it expands its product lineup, and conduct a vehicle teardown analysis at its newly established MarkLines Benchmark Center to be opened in August 2024 in Atsugi, Kanagawa Prefecture.   This report focuses on the results of an initial survey conducted on t...

Market & Tech Reports  Updated at: 2024/08/05

rgogne-Franche-Comte area of France. The new facility, which will employ more than 1,000 people in the long run, will produce seats, emissions reduction solutions and hydrogen storage systems. The new plant will introduce the latest digital production technology and the company plans to use it as a benchmark for reducing CO2 emissions. The project not only protects jobs in the Bourgogne-Franche-Comte area, but also creates another 300 jobs in All...

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

hat many consumers were waiting for the election results in January-February. This also made them hold back spending as they were cautious to anticipate elements of uncertainty that might arise. Moreover, there were the effects of national economic growth which was also experiencing a slowdown. The benchmark interest rate and inflation that are still high have also made some consumers decide to hold back or delay purchasing a new car in early 202...

Market & Tech Reports  Updated at: 2024/05/14

ation. Unlike AI in the automotive industry in general, for the first time artificial intelligence can be applied to each area of the vehicle in addition to the smart cockpit and smart driving, covering more than 300 scenarios throughout the vehicle.   Cockpit platform name Customized chips and benchmark scores Standard version DiLink20 D20(12nm) 130,000 DiLink50 D50(11nm) 230,000 Advanced version DiLink100 D100(6nm) 630,000 DiLink150...

Market & Tech Reports  Updated at: 2024/03/08

ed manufacturability before freezing the design of the prototype vehicles. The final prototype vehicle design was digitally assembled to define the manufacturing sequence and basic processes. To further refine the approach, key members of TMUK's FC Hilux team visited the Motomachi plant in Japan to benchmark the manufacturing process of the Mirai. This benchmarking was used to help establish key safety, quality, and equipment requirements before ...

Market & Tech Reports  Updated at: 2024/03/07

units, a YoY increase of 11.1%. As the outlook for 2023 has improved, the market appears likely to carry more significant momentum into 2024. As vehicle supply increases, we could see more generous incentives in 2024, helping to support sales. Meanwhile, interest rates have started to decrease the benchmark rate has already been cut by 150 bps at the time of writing and is expected to fall much further in 2024. The rates charged by OEMs and othe...

Market & Tech Reports  Updated at: 2024/01/30

owing vehicle tax cuts. Full-year output is also likely to grow by 5.8% YoY, with output expanding in North America (+32.7% YoY) and Europe (+12.1% YoY) as supply issues ease. Despite robust growth, production will still be 26.7% under 2019 (pre-pandemic) levels in 2023 and should remain below this benchmark through the forecast. As well as ceasing operations in Russia, which totalled over 200k units in 2021 (excluding the sale of Lada), RNM’s ...

Market & Tech Reports  Updated at: 2024/01/30

home appliances has increased 2.5 times since the law was enacted in 2001, with the weight of "valuable resources," mainly plastic, increasing 23 times (according to the Home Appliance Recycling Annual Report 2022 by the Association for Electric Home Appliances). This precedent can serve as a good benchmark when designing a car to be easily disassembled.   As for automobiles, the utilization rate of shredder dust (mostly heat recovery) was 70% ...

Market & Tech Reports  Updated at: 2024/01/30

oY) over this period. RNM’s global output will likely increase again in Q4 (+6.9% YoY) as distortions fade in China and full-year output is projected to grow by 6.5%, albeit off a low base. Indeed, volumes are expected to stay 26% below 2019 (prepandemic) levels in 2023 and will remain below this benchmark through the forecast. As well as ceasing operations in Russia, which totalled over 200k units in 2021 (excluding the sale of Lada), RNM’s ...

Market & Tech Reports  Updated at: 2023/10/27

p Assist (LKA), Smart Cruise Control with Stop & Go Function (SCC w/S&G), Remote Smart Parking Assist (RSPA), Intelligent Speed Limit Assist (ISLA), Navigation-based Smart Cruise Control (NSCC), and Driver Attention Warning (DAW).     MarkLines works in cooperation with the Detroit-based vehicle benchmark engineering company Munro & Associates, Inc. (Munro). Munro conducts teardown surveys of various types of vehicles and conducts detailed spe...

Market & Tech Reports  Updated at: 2023/10/12

yundai in 2022, and the detailed teardown survey information is available for purchase from MarkLines.   This report introduces the electric powertrain technology installed in the Hyundai Ioniq 5, as revealed in Munro's teardown survey (2023 Hyundai Ioniq 5 Zone 4: Powertrain, Battery Pack, and HV Benchmarking and Cost Analysis).   The Hyundai Ioniq 5 is a crossover SUV-type BEV (battery electric vehicle) available in RWD (2WD) and AWD (4WD) ve...

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

he limited space of the camera housing. In the F-150 Lightning, devices for image processing, sensor fusion, and their communication are located in the ADAS Module, which addresses both high-speed communication and thermal issues.     MarkLines works in cooperation with the Detroit-based vehicle benchmark engineering company Munro & Associates, Inc. (Munro). Munro conducts teardown surveys of various types of vehicles and conducts detailed spe...

Market & Tech Reports  Updated at: 2023/05/29

rgogne-Franche-Comte area of France. The new facility, which will employ more than 1,000 people in the long run, will produce seats, emissions reduction solutions and hydrogen storage systems. The new plant will introduce the latest digital production technology and the company plans to use it as a benchmark for reducing CO2 emissions. The project not only protects jobs in the Bourgogne-Franche-Comte area, but also creates another 300 jobs in All...

Market & Tech Reports  Updated at: 2023/04/27

ncluding monitoring software vulnerability databases and update as needed. This is an absolute requirement for ADAS and AV software platforms.     The SDV era was pioneered by Tesla at least five years earlier than other auto manufacturers. All of Tesla's models are SDVs and Tesla remains the SDV benchmark that most OEMs are measured by. Most other OEMs have only a few models that can be classified as SDV.   The BEV startups are the leaders af...

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