) Zhejiang Sanhua Hanon F-150 Lightning Hanon (P) Johnson Electric Holdings Limited (Johnson Electric) Hanon GM Chevrolet Bolt EV Zhejiang Sanhua (V) Zhejiang Sanhua N/A Rivian R1S/ R1T Zhejiang Sanhua (V) Robertshaw Controls Company (Robertshaw) Highly Marelli Hyundai IONIQ 5 Hanon China BYD Han Zhejiang Sanhua (V) Zhejiang Sanhua SONGZ Automobile Air Conditioning Co., Ltd. (SONGZ Automobile) Qin PLUS EV FinDreams N/A SONGZ Automobil...

Market & Tech Reports  Updated at: 2026/03/30

Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown because data on some  HEV units could not be obtained. Electrified vehicle (xEV) sales volume in each country (1000 units) The table can be scrolled horizontally Country 2025 2026 y/y change Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. China 772 1090 1025 1110 1149 1057 1184 1388 1469 1514 1384 6...

Market & Tech Reports  Updated at: 2026/03/27

xhibited, including 36 four-wheeled vehicle brands and 26 two-wheeled vehicle brands. According to the organizers, the event attracted 580,250 visitors and generated IDR 8.7 trillion (approximately JPY 81.5 billion) in sales during the period. Although the number of visitors decreased slightly from 2025, sales increased. IIMS 2026 entrance   There had been speculation that EV prices might rise in 2026, but so far prices have remained ...

Market & Tech Reports  Updated at: 2026/03/27

strument panel was carried out. The analysis focused on design-related aspects such as material quality expression, styling design, and component configuration. The vehicle examined was the standard version of the SU7, priced at CNY 215,900. It is equipped with a 73.6 kWh Blade Battery produced by BYD Company Limited (BYD) and has a CLTC driving range of 700 km. Fast charging from 10% to 80% takes approximately 25 minutes. The vehicle uses a sin...

Market & Tech Reports  Updated at: 2026/03/18

(OEMs) have been struggling with product deployment and price competition in the Chinese market. However, by strengthening cooperation with joint venture (JV) partners and introducing BEVs (battery electric vehicles) tailored to local needs, there have been signs of a recovery in sales volume since 2025.   With China's NEV (New Energy Vehicle: BEV, PHEV, FCEV) policy and consumer-oriented approach emphasizing "electrification," "intelligence," "...

Market & Tech Reports  Updated at: 2026/03/17

ehicle Industry Development Plan (2021-2035). Since then, a series of industrial policies related to intelligent connected cars and automotive software have been launched, taking into consideration industry management and safety standards. Below is a summary of relevant policies for the period 2023-2025. The table can be scrolled left and right. 2023 Notice Concerning the Introduction of Intelligent Connected Cars and the Deployment of Publ...

Market & Tech Reports  Updated at: 2026/03/16

achinery and ships. The 1S type has a voltage (rated) of 338V and a capacity of 43.9kWh, while the 2S type has a voltage (rated) of 676V and a capacity of 87.8kWh. The battery pack structure is a cell-to-pack system in which cells are arranged directly in a battery pack without modules, similar to BYD's blade batteries, with active thermal management by liquid cooling. Battery System LFP Compact Pack Battery System LFP Compact Pack displa...

Market & Tech Reports  Updated at: 2026/03/10

of electrified vehicles (xEVs) of major OEMs About this Report   Sales of electrified vehicles (xEVs) in January in 12 major countries and three Nordic countries (15 countries in total) totaled 1.368 million units. This represents a significant decrease of 8.7% compared to the same month in 2025 and 39.6% compared to the previous month. The share of xEVs was 30.7%, down 8.2 points from 38.9% the previous month.   By powertrain, the sales...

Market & Tech Reports  Updated at: 2026/03/03

Chinese-made models to local production Chinese suppliers: Building an industrial cluster centered on electric powertrain components   The Thai automotive market is experiencing a generational shift in powertrains, with sales of internal combustion engine-powered vehicles falling by almost half in 2025 compared to 2020. Chinese automakers (OEMs) have seen their market share grow rapidly from 3.2% in 2020 to 21.2% in 2025, with a 5.2-fold increas...

Market & Tech Reports  Updated at: 2026/02/24

ASEAN Vehicle Sales and Production Update (Q4 2025) Improving thanks to EV policy support and strong year-end demand, with Chinese OEMs on the rise Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - December 2025 Thailand BEV sales by OEM ASEAN News Topics (Q4 2025)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailan...

Market & Tech Reports  Updated at: 2026/02/20

Chinese Market 2025: Sales Volume 34.4M units, Chinese OEMs’ Share over 70% Geely enters the top 3; BYD's exports up about 140% y/y Summary 2025 vehicle sales in China up 9.4% y/y to 34.40 million units Sales by group: BYD remains the leader, Geely overtakes FAW to take third place Passenger car market: Chinese-OEMs share exceeds 70% Sales by vehicle type: SUVs account for 54.1% of the passenger car market New Energy Vehicles: 16 million units ...

Market & Tech Reports  Updated at: 2026/02/19

Expanding Chinese Parts Supplier Presence in Thailand Status of Thailand Board of Investment (BOI) approval for automotive-related projects in 2025 Summary BOI project approvals in 2025 (Automotive): Nearly 100 are Chinese suppliers List of BOI-approved companies in 2025 (automotive): EV and charging-related projects, etc. Thailand Automobile Market Overview   According to an announcement by Thailand’s Board of Investment (BOI), the total numb...

Market & Tech Reports  Updated at: 2026/02/17

BYD Yangwang U8 Teardown Survey: Perceived Quality of Door Trim Comprehensive analysis of interior design and texture expression Summary What is Perceived Quality? BYD U8 interior components survey (Door trim) Structure of main components Material and texture Points of interest from a perceived quality perspective   MarkLines Co., Ltd. (MarkLines) purchased a top-of-the-line BYD Yangwang U8 (base price approx. JPY 23 million), which is BYD Co. L...

Market & Tech Reports  Updated at: 2026/02/13

/y and accounting for 39% (up 5.9 percentage points y/y) of the total BEV volume. There were 16 manufacturers with a NEV passenger car wholesale volume exceeding 10,000 units in January (up 2 y/y), accounting for 90.3% (93% last month, 91.7% last year) of the total volume. These manufacturers were: BYD (205,518 units), Geely (124,252 units), Tesla China (69,129 units), Chery (46,802 units), Seres Auto (40,200 units), Xiaomi EV (39,002 units), Lea...

Market & Tech Reports  Updated at: 2026/02/13

BEV Sales Continue to Grow; Chinese OEMs Show Rapid Progress Electric vehicle sales up 18% in 2025, Chinese OEMs accelerating overseas expansion Summary Electrified vehicle market (12 major countries and 3 Nordic countries) Electric vehicle sales in major countries: Impact of incentives Electrified vehicle OEM rankings (2025 sales volumes) BEV sales trends of Chinese OEMs: Price competition and export expansion Breakthrough by Chinese OEMs: Accel...

Market & Tech Reports  Updated at: 2026/02/09

Chinese Market Q4 2025 New Energy x Intelligent Connected, and Demonstration of L3 AD Summary OEMs Q4 2025 sales volumes (factory shipments) Trends of Chinese OEMs (Q4 2025) Trends of major non-Chinese manufacturers (Q4 2025) Policies related to China's automotive industry (Q4 2025)   The China Association of Automobile Manufacturers (CAAM) announced on January 14, 2026, that the new vehicle sales volume in China in 2025 increased 9.4% compared ...

Market & Tech Reports  Updated at: 2026/02/09

of the entire German automotive industry? It at least involves risks that are not apparent to such an extent in a battery-powered electric car. Unless, that is, the wrong priorities are set, as Robert Habeck warned back in May 2019: “If you don’t offer an electric car for under 20,000 euros by 2025, then you will – I fear – fail in the market.” This analysis was denied at the time by the then CEO of the Volkswagen Group, Dr. Herbert Di...

Market & Tech Reports  Updated at: 2026/02/05

tomotive attendance. An abundance of high-tech product announcements that impact automotive products and services is the second important factor. Material from: Egil Juliussen, PhD [Technology Brief] CES 2026 AV Perspectives [January, 2026] [Right reserved VSI AV Insight powered by Go2Marketing LLC 2025] reproduced with permission of Go2Marketing LLC.   CES has been the largest tradeshow in the U.S. for over a decade with strong international c...

Market & Tech Reports  Updated at: 2026/01/30

Global Top 10 OEMs Production Forecast (Q4 2025) Global production to reach 93.35M units in 2025, 95.03M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q4 2025, global light vehicle production in 2025 is estimated to increase by 3.3% YoY to 93.35M mn.-For production, a stronger demand environment underpins the 1.2 mn annual aver...

Market & Tech Reports  Updated at: 2026/01/30

Thailand International Motor Expo 2025 (2) Japanese OEMs and Others Mitsubishi, Mazda, Suzuki, Nissan, Toyota, Honda, Isuzu, Hyundai, NEX Point, etc. Summary Mitsubishi：XFORCE HEV, Xpander HEV, Xpander Cross HEV Mazda: Mazda6e (mass-production BEV) Suzuki: Fronx, Swift Nissan: X-TRAIL e-POWER x e-4ORCE Toyota: Hilux Travo (pickup truck), Hilux Travo-e (BEV) Lexus: Lexus RZ, Lexus LX 500d Honda: CR-V e:HEV (HuNT Series) Isuzu: D-MAX X-SERIES BMW...

Market & Tech Reports  Updated at: 2026/01/27