from 100% recycled polyester. The company claims that airbag cushions made from the new material have been proven to provide the same safety performance as standard polyester airbags while reducing GHG (greenhouse gases) emissions by approximately 50%. An airbag worn by the rider was unveiled at EICMA, one of the world's largest motorcycle trade shows, held in Milan, Italy in November 2023. The company is simultaneously developing a connectivity...

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

the Bupyeong Plant and started building the Buick Envista new compact crossover SUV in June 2023.   Renault Korea Motors Co., Ltd. changed its name to Renault Korea Co., Ltd. (Renault Korea) in April 2024. The company has partnered with the Geely Group to develop the Compact Modular Architecture (CMA) platform. Renault Korea launched the new HV SUV Grand Koleos HV (code name Aurora 1) in June, 2024.   KG Mobility changed its brand name in Kore...

Market & Tech Reports  Updated at: 2024/07/25

Madrid plant and Geely's Hangzhou Bay plant will be the core locations, and the headquarters will be in the UK. The company will supply products to Renault Group, Geely, Volvo Cars, Proton, Nissan, Mitsubishi Motors, and PUNCH Torino (an Italian engineering company), among others. Volvo Group and CMA CGM Group to jointly establish Flexis SAS to develop and produce electric vans Flexis SAS established to develop and manufacture EV vans (So...

Market & Tech Reports  Updated at: 2024/07/12

Former SsangYong) Pyeongtaek 167 115 Rexton, Korando, Tivoli, Rexton Sports, Torres (2023-) Renault Korea Motors(Former Renault Samsung) Busan 300 168 SM6, QM6 (Renault Koleos), XM3 (Renault Arkana), EV Twizy, Renault and the Geely Group will cooperate to launch new HV and ICE models based on the CMA platform (2024-planned). Gwangju Global Motors Co., Ltd. (GGM) Gwangju 100 50 Hyundai Casper (contract production）, Casper EV (2024-planned) O...

Market & Tech Reports  Updated at: 2023/07/05

over its entire life cycle by 2025, and by 2035 to reduce the carbon emissions per vehicle by at least 68% over its entire life cycle. By 2025, the company aims to increase the sales ratio of NEVs to 50% or more, and to build three zero-carbon factories.    The Lynk & Co brand introduced the new CMA Evo (international name: CMA2.0) architecture. Based on this architecture, the "EM-P" super range extender solution for the PHEV midsize SUV Lynk ...

Market & Tech Reports  Updated at: 2023/05/25

d of 2022, up 90% from the same period last year and already exceeding export sales actuals in 2021.   While export volume is increasing, there are also major activities geared towards overseas production. In South Korea, the Renault Group and Geely will jointly develop a hybrid model based on the CMA platform, and start production for the Korean market and exports in 2024. Sales will be conducted through the Renault Korea network.   Furthermor...

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

Systems, Mercedes-Benz’ partner in Thailand, is manufacturing PHV batteries, it intends to produce 107.8 kWh batteries for the EQS. Volvo Car Volvo Car has launched the C40 Recharge, a coupe-style crossover electric SUV, on February 26, 2022. The SUV is based on the compact module architecture (CMA) which is shared with the Polestar 2, Lynk & Co series and XC40. Equipped with a 78 kWh battery, it offers a range of 500 km. BYD Reported on Ap...

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

cond half of 2022. Partnering with Geely Group In January 2022, Renault announced that it had partnered with Geely Holding Group to introduce new HV and ICE models into the Korean market. Renault Samsung plans to produce these vehicles at its Pusan Plant starting 2024. The new models will use the CMA (Compact Modular Architecture) platform developed by Geely’s R&D center in Sweden and its hybrid powertrain technologies. The CMA was first adop...

Market & Tech Reports  Updated at: 2022/03/01

in December 2021. Meanwhile, Renault continues its EV business through the joint venture with Dongfeng and Nissan as well as another joint venture with Jiangling Motors. In South Korea, Renault and Geely will jointly develop new models suitable for the Korean market based on the energy-efficient CMA platform of Lynk & Co, which is the brand that Geely and its subsidiary Volvo Car co-developed for young customers. In South Korea, Renault and Ge...

Market & Tech Reports  Updated at: 2022/01/17

configuration is 160 km/h.   In comparison, the Long Range Dual Motor version of the Polestar 2 has an output of 300 kW (408 hp), a top speed of 205 km/h, reaches 100 km/h in 4.7 seconds and has a maximum range of 480 km after a full charge.   The Polestar 2 uses the Compact Modular Architecture (CMA) platform, which is also used by the Volvo XC40, Volvo C40 and some Geely models such as the Geely Xingyue L, launched this year. The vehicle is p...

Market & Tech Reports  Updated at: 2021/10/13

a joint venture with NIO, changed its name to Avatar Technology (Chongqing) Co., Ltd. in May 2021, and recently announced plans to increase its capital stake in the JV. In August 2021, FAW's capital participation in Changan Mazda was announced, and in September, Changan Mazda Automobile Co., Ltd. (CMA) became a joint venture between Chongqing Changan Automobile Co., Ltd. (CA), Mazda Motor Corporation (Mazda), and China FAW Corporation Limited (F...

Market & Tech Reports  Updated at: 2021/10/11

tance versions with 78kWh battery packs, for a total of 3 versions. The standard version with a single 165kW motor and 64kWh battery pack has a maximum range (NEDC mode) of 485km. Polestar 2       Geely Auto  Geely Auto brand presented the latest model of the Star Series based on the CMA (Compact Modular Architecture), the Xin Yue L, and the Volocopter, which was exhibited for the first time in China. Xing Yue L Volocopter m...

Market & Tech Reports  Updated at: 2021/05/06

had an exhibition booth for each sub-brand, the same as at the 2019 Shanghai Motor Show. Among its brands, Polestar and Geometry are electric vehicle brands. At the press conference, the Group's President and CEO, Mr. Jihui AN, declared that Geely's first wide-body model, the Xing Rui, built on the CMA (Compact Modular Architecture) platform, will overthrow the image of the family sedan. In the area of electrification, the company unveiled the ne...

Market & Tech Reports  Updated at: 2020/10/16

series. Hangzhou Bay 300 The company signed off on an 80,000 unit expansion plan in May 2019. Chunxiao 300 In addition to Geely Auto models (gasoline vehicles, hybrids, and plug-in hybrids) Proton brands are manufactured here. Taizhou Luqiao (King kong) 160 Operations started in April 2019. CMA (compact modular architecture) platform vehicles (Lynk & Co, Volvo X40, Polestar 2 (from 2020)) are manufactured here. Linhai 300 Through an exp...

Market & Tech Reports  Updated at: 2019/12/04

ng a climate neutral company by 2040.   In May 2019, Volvo signed multibillion-dollar long-term supply deals with CATL and LG Chem, leading battery manufacturers from China and South Korea, respectively. The deals will supply Volvo with battery modules for its current Compact Modular Architecture (CMA) platform and the upcoming second-generation Scalable Product Architecture (SPA2) platform. Volvo is also constructing its first battery assembly ...

Market & Tech Reports  Updated at: 2019/11/08

supplying its latest electro-hydraulically actuated all-wheel drive (AWD) coupling, which is integrated with an electronic control unit (ECU) with vehicle dynamics software, for the first model of Lynk & Co., a Geely Group subsidiary, the Lynk & Co 01. The Lynk & Co 01 is an SUV model based on the CMA (Compact Modular Architecture) jointly developed by Volvo and Geely. (From a press release dated June 25, 2018) Supplying ignition coils for Da...

Market & Tech Reports  Updated at: 2019/07/19

ly redesigned XC40 at the 2018 Beijing Motor Show, Volvo unveiled the made-in-China XC40. The vehicle falls in the luxury compact SUV category and is likely to challange Audi’s Q3. The XC40 is manufactured at Volvo’s Chengdu plant and is scheduled to be released in May.  The XC40, based on the CMA platform, has the same dimensions as the imported model with a length of 4,425 mm, a width of 1,863 mm, a height of 1,652 mm, and a wheelbase of 2...

Market & Tech Reports  Updated at: 2019/06/10

various MHEV (mild hybrid) and PHEV (plug-in hybrid) models and the mass production of autonomous driving level 3 models. Geely also announced that from this year it will have a new logo.  The concept sports sedan “PREFACE” (mass production development code FS11) with development based on the CMA (Compact Modular Architecture) was exhibited. Many environmentally friendly vehicle models were shown, including BinYue MHEV, BinYue PHEV, Emgrand...

Market & Tech Reports  Updated at: 2019/06/04

ablished a joint venture for the manufacturing of automatic transmissions. Concept Icon Following that of the 2017 Shanghai Motor Show, Geely Automobile unveiled its second concept car: an NEV SUV based on the X40 from Volvo, a Zheijiang Geely Group Holding Co. Ltd. subsidiary that also uses the CMA (Compact Modular Architecture) platform. Detailed specs have not been announced. Concept Icon Borui GE PHEV Geely announced a PHV...

Market & Tech Reports  Updated at: 2018/06/01

has won the award. The XC40 is Volvo's first compact SUV, targeted at younger drivers. The front and rear designs reflect Volvo styling, but a lot of energy went into crafting a unique design for features such as the side window graphics. Volvo's newly developed Compact Modular Architecture (CMA) platform is used exclusively for compact vehicles, adopting the platform architecture for its vehicles produced for the mass market. Although the...

Market & Tech Reports  Updated at: 2018/05/29