94,000 units in 2023 over the prior year, and continued to grow to 308,000 units in 2024 and 381,000 units in 2025, HEV models have become a pillar of Honda’s sales in the U.S.   Mazda launched the CX-50 HEV model in the U.S. in November 2024, while Subaru launched HEV models of the Forester and Crosstrek in 2025. Production of the Subaru Forester HEV began at the Lafayette Plant in the US in February 2026. The plant plans to begin production ...

Market & Tech Reports  Updated at: 2026/05/19

Z series   According to GlobalData's forecast, Toyota's global production volume is expected to remain at around 10 million units in the medium to long term. With a broad, multi-powertrain portfolio and a strong reputation for reliability, Toyota is well positioned to maintain a competitive edge across the forecast period.   Under Toyota's unique omni-directional "Multi-Pathway Strategy", the promotion of electrification and expansion of its m...

Market & Tech Reports  Updated at: 2026/05/12

United States, and sales are also increasing in Europe, including Italy, Germany, and France, resulting in a 3.8% y/y increase.   The closure of the Strait of Hormuz amid the U.S.-Iran conflict has caused crude oil and natural gas prices to rise, and concerns about energy shortages are spreading across the globe. Since rising fuel prices directly affect the cost of maintaining internal combustion engine (ICE) equipped vehicles, a prolonged peri...

Market & Tech Reports  Updated at: 2026/04/27

ry life when using BEVs, congestion at charging facilities on weekends and holidays, and difficulties in charging in low-temperature environments. With fast charging technology, the battery can be charged from 10% to nearly full (97%) in just 9 minutes. To accelerate the adoption of flash charging across China, BYD plans to build 20,000 flash charging stations by the end of 2026. Furthermore, there are plans to build a large number of flash charg...

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

rand exhibit. The model previously sold as the Omoda 5 was displayed as the new C5 CSH model. Unlike other CSH (Chery Super Hybrid) models, the C5's CSH is an HEV, not a PHEV.   In addition to the C5 CSH, eight models were exhibited as the Chery brand: the Chery X, Chery E5, J6 T, J6 E-Cube, Tiggo Cross CSH, Tiggo 8, Tiggo 8 CSH, and Tiggo 9 CSH. According to on-site staff, the PHEV Tiggo 9 CSH, which is being exhibited for the first time, is a ...

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

lipers, as the change in the adoption situation since 2018, the shift to electric parking (EPB) for rear brakes is progressing, and the market share of calipers is changing. The use of ZF brakes, a long-established EPB manufacturer, is expanding, and they are being used in the Ford F-Series, Toyota Corolla, and other models among the highest volume vehicles in the United States. In the Japanese Toyota Grand Highlander, Korean-based HL Mando produ...

Market & Tech Reports  Updated at: 2026/03/24

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

It integrates a 10.1-inch center display and a 10.25-inch meter display. Above the meter display is a blacked-out dead zone. The main audio and climate control switches are located as hard switches at the bottom center of the instrument panel. The shifter is of the conventional type. (7) Toyota Corolla Concept This is the Toyota Corolla Concept vehicle. Since the Corolla is a core vehicle for Toyota, its interior and exterior have traditional...

Market & Tech Reports  Updated at: 2025/12/15

eaterHeater core Condenser Evaporator Blower Compressor Heat pump withcompressor Toyota Aqua MXPK1# 2024 Denso Toyota Industries - Toyota Alphard / VellfireAlphard / Vellfire Hybrid H4#W 2024 Denso Toyota Industries - Toyota Bz4x XEAM10/YEAM15 2022 Denso Toyota Industries Denso (BEV) Toyota Corolla SportsCorolla / Corolla TouringCorolla /Corolla Sports / Touring Hybrid NRE21#HZRE21# / ZRE21#WZWE21# / ZWE21#W / ZWE21#H 2024 Denso Toyota In...

Market & Tech Reports  Updated at: 2025/10/07

nst the backdrop of such factors as the increasing globalization of procurement relationships, in recent years, Japanese OEMs and their suppliers, in particular, have been loosening their reliance on the "keiretsu system" (an interconnected network of companies characterized by strong alliances and cross-shareholding) and forming new business relationships with new suppliers, as many Western manufacturers have done. However, for complete seats, r...

Market & Tech Reports  Updated at: 2025/09/27

le in the future. OPmobility Digital rear systems   In January 2024, Plastic Omnium presented a rear lamp solution developed with Sonatus, Inc. at CES 2024. Sensors can be used to display animated information and warning messages on the rear lamp mini LED display. For example, when a pedestrian is crossing the road, an animation such as "Pedestrian crossing" is displayed on the rear lamps to inform following vehicles. Valeo Group All-in-one full...

Market & Tech Reports  Updated at: 2025/09/09

e first half of 2025 increased 2.3% year over year to 42.864 million units.   By powertrain, BEVs are on the rise, with sales expanding especially in China and ASEAN countries.   By OEM and model, sales of Chinese and U.S. OEMs show an increase. Japanese and European manufacturers are struggling across the board, with a few exceptions. Figure 1: Global sales share by powertrain (Source: MarkLines - Automotive Sales data)   Looking a...

Market & Tech Reports  Updated at: 2025/08/18

nd Chery’s OMODA 5. Nine Chinese OEMs delivered 38,744 units which account for 90% of the BEVs sold. Five Japanese OEMs sold only 135 BEVs.   On the other hand, HV sales totaled 54,917 units in 2024, 96% of which are Japanese OEMs’ models. Major HV models include Toyota’s Innova Zenix, Yaris Cross, Alphard, and Honda’s CR-V.   From 2024 to the beginning of 2025, a number of auto manufacturers entered the EV market in Indonesia. To enter...

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

f torque and a lithium-ion battery. This front-wheel-drive SUV also offers 7 selectable drive modes, including 2 modes for EV driving. Mitsubishi's press stage Mitsubishi Xforce HEV   Also sharing the spotlight at the booth were the limited-edition Mitsubishi Xpander HEV PLAY and Xpander Cross HEV PLAY-the latest additions to the Xpander series. These exclusive models feature factory-installed black-themed styling kits, giving them a b...

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

nts and various reports) HTSUS (Harmonized Tariff Schedule of the United States) USMCA: North American content rate for finished vehicles is 75% or more on a value basis, 75% for key parts, 70% for major parts, and 65% for complementary parts Passenger vehicles: sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans   Canadian countervailing tariffs   Canada's countervailing tariffs went into effect on April 9...

Market & Tech Reports  Updated at: 2025/05/02

presenter gave a performance, taking gelato out of the vehicle and eating it. In addition, Aion's T-Rex design was inspired by the Tyrannosaurus, and that character was also on display. Hyptech HT T-Rex design image character     Chery press release   Chery presented the Tiggo Cross, a compact SUV, at the Show. Out of a total of 12 vehicles on display, three were the Tiggo Cross displayed in different colors. In addition, al...

Market & Tech Reports  Updated at: 2025/03/31

orizontal angular resolution is ±0.1°.     The latest generation of surround radar is the 6th generation SRR600, which has a frequency of 76-81 GHz, a FOV of ±81°, and a detection distance of 200 meters. It supports applications such as blind spot detection, lane change assist, and front/rear cross traffic warning.   The above are conventional radars for distributed deployment, while the SSR630 (Surround Satellite Radar) and LSR630 (Long-R...

Market & Tech Reports  Updated at: 2025/01/16

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

Market & Tech Reports  Updated at: 2025/01/16

ce compared to the conventional method is said to have doubled. It also improves nighttime recognition performance.  Subaru uses a wide-angle monocular camera in combination with a stereo camera. The FOV of 128° is approximately twice that of a stereo camera's FOV, improving detection of bicycles crossing the road at low speeds. At the same time, by using AI technology to estimate the movement of objects that are not subject to control over tim...

Market & Tech Reports  Updated at: 2025/01/09

core/Interior condenser Condenser Evaporator Blower Compressor Heat pump Toyota Aqua MXPK1# 2024 Denso Toyota Industries - Toyota Alphard / VellfireAlphard / Vellfire Hybrid #GH3#WAYH30W 2022 Denso Toyota Industries - Toyota Bz4x XEAM10/YEAM15 2022 Denso Toyota Industries Denso (BEV) Toyota Corolla SportsCorolla / Corolla TouringCorolla /Corolla Sports / Touring Hybrid NRE21#HZRE21# / ZRE21#WZWE21# / ZWE21#W / ZWE21#H 2024 Denso Toyota In...

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