division alone is small given the size of Magna itself, with its seat division sales of USD 5.800 billion (fiscal year ending December 2024) accounting for 13.5% of the company's total sales. Magna's top customers are the Detroit 3 (GM, Stellantis, Ford) and the three largest German manufacturers (BMW, Mercedes-Benz, Volkswagen). In the fiscal year ended December 2024, no company accounted for 16% of company-wide sales. Sales to the three German...

Market & Tech Reports  Updated at: 2025/08/06

an Luis Potosi Plant in Mexico and the Shenyang Plant in China. Debut of Vision Neue Klasse X On March 21, 2024, BMW unveiled the Vision Neue Klasse X, the first electric sports activity vehicle (SAV) adopting the Neue Klasse platform. Featuring the advanced drive and chassis control developed by BMW, the SAV offers excellent driving dynamics and automated driving capabilities. It has bidirectional charging technology that allows vehicles to bo...

Market & Tech Reports  Updated at: 2024/11/18

.S. 2022 50GWh Model Y and Cybertruck production, 4680 cell planned Mexico Gigafactory Construction suspended - Vehicle + battery plant, total investment USD 5 billion BMW Finished product Samsung Made in Korea 2020 - U.S. production X3, X5 Göd Plant, Hungary 2022 - German production iX, i4, i3, i7; plant capacity 30GWh CATL Made in China 2022 - China production i3, iX3, X1 Debrecen Plant, Hungary 2025 - Cylindrical 4695, plant 20GWh, ...

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

e suppliers as a means to expand production volume, depending on the shift to EVs.   2. Europe and the U.S.   There are many OEMs in Europe and the U.S. that develop and produce motors for electrified vehicles in-house. In addition to Tesla, which manufactures all of its motors in-house, Renault, BMW, VW, GM, and others are proceeding with external procurement while maintaining organizations within their own companies and affiliates.   Additio...

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

s to Ford, GM, Fiat, and Nissan, in addition to Hyundai and Kia. Europe In November 2012, Mando Corporation announced that it had completed construction of a plant at Mando Corporation Poland Sp. z o.o. (MCP) in Poland and started mass production of steering products. It will be supplied for the "i30" produced at Hyundai Motor Co., Ltd.'s plant in the Czech Republic. It will also start supplying to Kia Corporation’s plant in Slovakia. In Janu...

Market & Tech Reports  Updated at: 2024/07/19

division alone is small given the size of Magna itself, with its seat division sales of USD 6.047 billion (fiscal year ending December 2023) accounting for 14.1% of the company's total sales. Magna's top customers are the Detroit 3 (GM, Stellantis, Ford) and the three largest German manufacturers (BMW, Mercedes-Benz, Volkswagen). In the fiscal year ended December 2023, no company accounted for 15% of company-wide sales. Sales to the above three ...

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

sas) 2024 - 4680→2170 for the time being In-house production - MexicoGigafactory Under consideration - Vehicle + battery plant, total investment USD 5 billion BMW Procurement Samsung Korea 2020 - U.S. production X3, X5 Procurement Samsung Gedo Plant(Hungary) 2022 - German production iX, i4, i3, i7; plant capacity 30GWh Procurement CATL China 2022 - China production i3, iX3, X1 Procurement Northvolt Skellefteå Plant(Sweden) 2024 - Pla...

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

suppliers as a measure to expand production volume, depending on the shift to EVs.   2 Europe and the U.S.   There are many OEMs in Europe and the U.S. that develop and produce motors for electrified vehicles in-house. In addition to Tesla, which manufactures all of its motors in-house, Renault, BMW, VW, GM, etc. are promoting external procurement while maintaining systems within their own companies and affiliates.   In addition, OEMs such as...

Market & Tech Reports  Updated at: 2023/08/02

tinental's braking systems, passive safety sensors, and integrated safety solutions, and the two companies will strengthen their partnership in the field of intelligent valet services. Honda concept car e:N SUV 序 (Xu) (Auto Shanghai 2023 motor show) In the second quarter of 2023, VW, BMW, GM, Honda, Nissan and others announced their strategic plans for the shift to electrification for the Chinese market. VW will invest about EUR 1 ...

Market & Tech Reports  Updated at: 2023/08/01

-related products to Ford, GM, Fiat, and Nissan, in addition to Hyundai and Kia. Europe In November 2012, Mando Corporation announced that it had completed a plant at Mando Corporation Poland Sp. z o.o. (MCP) in Poland and started mass production of steering products. It will be supplied for the "i30" produced at Hyundai Motor Co., Ltd.'s plant in the Czech Republic. It will also start supplying to Kia Corporation’s plant in Slovakia. In Janu...

Market & Tech Reports  Updated at: 2023/07/06

k, Mercedes-Benz Truck Germany Daimler Truck AG, Gaggenau Plant e-Axle components (2021-), electric drive components, assembly of hydrogen-based fuel cell drive components (planned) Daimler Truck, Mercedes-Benz Truck Germany Daimler Truck AG, Kassel Plant Electric drive systems: e-Axle (2021-); BMW, Rolls-Royce Germany BMW AG, Dingolfing Plant E-gear, traction motors, electric drives system (E-Drive) (2020-) BMW, MINI Germany BMW AG, Landsh...

Market & Tech Reports  Updated at: 2023/06/15

ring siteR&D facility Manufacturing site Africa Morocco Manufacturing site Manufacturing siteR&D facility Note: Only lighting and lighting related facilities are shown.   2) Major alliances and joint venture relationships The major European and American OEMs including Volkswagen, BMW, Mercedes Benz, Renault, and Stellantis-PSA are obtaining headlamps and rear lamps from the three major lamp suppliers Marelli, Hella and Valeo. B...

Market & Tech Reports  Updated at: 2023/05/11

size of Magna International. The annual sales revenue of Magna Seating is USD 5.269 billion (as of the fiscal year ended December, 2022), accounting for 13.9% of Magna’s company-wide sales. Magna's top customers are the Detroit 3 (GM, Stellantis, Ford) and the three largest German manufacturers (BMW, Mercedes-Benz, Volkswagen). In the fiscal year ended December 2021, no company other than BMW accounted for 15% of company-wide sales. Sales to t...

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

ree German automakers, posted a 7.0% y/y increase to 645,000 units with an increase in all vehicle types. VW Group sales increased 2.6% y/y to 3,122,000 units. Of these, the ID. series numbered about 150,000 units. BMW Group increased its sales by 3.2% y/y to 695,000 units. The X5 SUV, the iX3, the i3 sedan and 5 series contributed to the sales increase.   Among U.S.-based automakers, Tesla performed extremely well, increasing sales 46.8% y/y to...

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

assembly Procurement Panasonic New plant(Kansas) - - Investment about USD 4 billion, 4680 Procurement LG Ochang 1st and 2nd plants(Korea) 2023 9GWh increase 1 plant for 2170 battery, KRW 150 billion 2 plants for NCMA 4680, KRW 580 billion BMW Current procurement Samsung Korea - - Installed in i3, i4, iX, and i8 Current procurement CATL China Plant - - Installed in iX3 Procurement Samsung - - - Supply contract until 2027 Procurement CA...

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

-related products to Ford, GM, Fiat, and Nissan, in addition to Hyundai and Kia. Europe In November 2012, Mando Corporation announced that it had completed a plant at Mando Corporation Poland Sp. z o.o. (MCP) in Poland and started mass production of steering products. It will be supplied for the "i30" produced at Hyundai Motor Co., Ltd.'s plant in the Czech Republic. It will also start supplying to Kia Corporation’s plant in Slovakia. Americ...

Market & Tech Reports  Updated at: 2022/09/15

nal suppliers as a measure to expand production volume, depending on the shift to EVs. 2 Europe and the U.S.   There are many OEMs in Europe and the U.S. that develop and produce motors for electrified vehicles in-house. In addition to Tesla, which manufactures all of its motors in-house, Renault, BMW, VW, GM, etc. are promoting external procurement while maintaining systems within their own companies and affiliates.  In addition, OEMs such as ...

Market & Tech Reports  Updated at: 2022/09/02

2, the group will start operations at its three plants: the Lydia Plant that BMW Brilliance Automotive (BBA) built, the expanded BBA Dadong Plant, and the new plant that Spotlight Automotive is building. As the group is accelerating electrification in China as well, the Lydia plant will produce the i3, a midsize EV sedan exclusively for the Chinese market, and Spotlight Automotive’s new plant will assemble the MINI EV models. The group raised i...

Market & Tech Reports  Updated at: 2022/08/04

iliated manufacturer promoted a project to promote electrification. The first EV plant in China under the Audi brand has started construction in Changchun. Mercedes-Benz's next-generation battery from China rolls off the production line, and BMW's third vehicle plant in Shenyang, which produces the i3 EV sedan, goes into operation, expanding its annual production capacity to 830,000 units. Honda Motor Co., Ltd. plans to build an EV plant in Guang...

Market & Tech Reports  Updated at: 2022/07/20

ghting related facilities are shown.   2) Major alliances and joint venture relationships There has been no significant movement in delivery trends between lighting suppliers and the carmakers to whom they deliver over the past 2-3 years. The major European and American OEMs including Volkswagen, BMW, Ford, Mercedes Benz, Renault-Nissan and Stellantis-PSA are obtaining headlamps and rear lamps from the three major lamp suppliers Marelli, Hella ...

Market & Tech Reports  Updated at: 2022/07/06