ina are aggregate figures excluding exports.  (Note 2) Reasons for high electrification rates in Nordic countries               1. The population’s environmental awareness has always been high.              2. A high percentage of electricity is generated from renewable energy sources such as hydroelectric power and wind power (awareness of the need to use abundant renewable energy for electric vehicles).       ...

Market & Tech Reports  Updated at: 2025/05/26

Hyptec HL, a family-oriented luxury SUV Interior of Hyptec HL   Lingcheng: Premiere of GAC PICKUP 01, a pickup truck concept model   The GAC Group’s commercial vehicle business announced on April 23 that the company name of GAC Hino Motors Co., Ltd. has been changed to GAC Lingcheng New Energy Commercial Vehicle Co., Ltd. (GAC Lingcheng). GAC Lingcheng, which participated in the motor show with a revamped image, exhibited the GAC PICK...

Market & Tech Reports  Updated at: 2025/05/20

on, in line with the current trends toward intelligence, electrification, and the shift to a low-carbon society.   This report introduces the exhibits of Hon Hon Hai Technology Group (Foxconn) and Vast Power Corporation (Vast Power).   Related reports:Foxconn EV Strategy Briefing (Apr. 2025)Smart Energy Week Spring 2025 (2) BEVs, Batteries, and Chargers (Apr. 2025)Japan Mobility Show 2023: Electrification Technologies (2) (Nov. 2023)Foxconn: Tr...

Market & Tech Reports  Updated at: 2025/05/19

led for release in Q2 of 2025.   The Denza brand held the world premiere of the "Z," a sports car concept model that uses an independently developed full by-wire chassis. It will also be equipped with the industry's first magnetic fluid body smart control system "DiSus-M" exclusively for NEVs (New Energy Vehicles). The introduction of this model further enhances the Denza brand's product lineup, which ranges from MPVs to sports cars.   The Yang...

Market & Tech Reports  Updated at: 2025/05/14

d for hybrid vehicles in the Thai market, HV and PHV models have also been introduced. Many Chinese OEMs are importing and selling EVs, making use of the Thai government's EV subsidies, so that a certain number of locally produced EVs is mandatory. In 2024, BYD Auto Co. Ltd. (BYD) and GAC Aion New Energy Automobile Co., Ltd. (GAC Aion) started operating new plants, and Wuling outsourced production to local manufacturers. In 2025, Changan Automob...

Market & Tech Reports  Updated at: 2025/05/12

mpanies from 26 countries and regions exhibited at this motor show. According to statistics from the organizers, more than 100 new models were unveiled for the first time and more than 150 press conferences were held during the press days on April 23 and 24.   This report mainly introduces the New Energy Vehicles (NEVs) exhibited by China's emerging EV manufacturers: Leapmotor , NIO, Li Auto, and XPeng  Leapmotor held the world premiere of the ...

Market & Tech Reports  Updated at: 2025/05/09

out with its sleek, rounded design both inside and out. The cabin is spacious, comfortable, and well-equipped with modern technologies, including the cutting-edge FLYME Auto intelligent operating system.   Known as the Geely Geome Xingyuan in China, this EV also rides on the Global Intelligent New Energy Architecture (GEA), just like the Geely EX5. It boasts a range of up to 400 km (CLTC standard) on a single full charge.   While specifications...

Market & Tech Reports  Updated at: 2025/04/25

ahead of their time. He also said that despite advancements in EV technology, "charging anxiety" is still a major concern, and BYD’s main goal was to achieve the ultimate solution by making charging as quick as refueling a gasoline car.   The key to achieving "matching charging and refueling" in energy charging and obtaining ultra-high output charging performance is to achieve ultra-high voltage and ultra-large current simultaneously. The full...

Market & Tech Reports  Updated at: 2025/04/23

Smart Energy Week Spring 2025 (2) BEVs, Batteries, and Chargers Mitsubishi commercial EVs, Sharp/Foxconn BEV concept, CATL battery packs for Kei-class BEVs, etc. Summary BEV (Mitsubishi Motors, Mitsubishi Fuso Truck and Bus, CONNEXX SYSTEMS, Taiho Industrial, Sharp) Battery packs and cells (CATL, BYD, OPmobility, Sanoh Industrial, CONNEXX SYSTEMS) Non-lithium battery types, capacitors (Nippon Electric Glass, LBHunet, Ioxus Japan, Niterra, JTEKT) ...

Market & Tech Reports  Updated at: 2025/04/08

Mazda: BEV Transition to Progress in Stages Expanding the CX series of large models; developing NEVs with Changan Automobile Summary Announced Lean Asset Strategy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda t...

Market & Tech Reports  Updated at: 2025/04/01

e fully digital instrument panels, Electronic Hydraulic Power Steering (EHPS), real-time Vehicle Tracking Systems (VTS), and Reverse Park Assist Systems (RPAS).   Blade Battery Chassis and 12-meter platform Blade Battery Chassis   The Blade Battery is developed by BYD. It offers 30% more energy storage, allowing these buses to travel up to 500 kilometers on a single charge. Its compact and lightweight design enhances space efficiency a...

Market & Tech Reports  Updated at: 2025/03/27

ina are aggregate figures excluding exports.  (Note 2) Reasons for high electrification rates in Nordic countries               1. The population’s environmental awareness has always been high.              2. A high percentage of electricity is generated from renewable energy sources such as hydroelectric power and wind power (awareness of the need to use abundant renewable energy for electric vehicles).       ...

Market & Tech Reports  Updated at: 2025/03/26

Smart Energy Week Spring 2025 (1) FCVs, FC units, Hydrogen-related Products Next generation FC modules, components for FC systems, hydrogen tanks, separators, and more Summary Exhibition of Toyota and Honda’s FCVs and hydrogen-related products Fuel cell systems (cellcentric, AVL, Symbio, OPmobility, EKPO Fuel Cell, NEXTY Electronics) Components for FC systems (Bosch, MANN+HUMMEL, IHI, OPmobility, Faurecia) FC related parts and materials (Nishim...

Market & Tech Reports  Updated at: 2025/03/21

ities for passenger cars and light-duty commercial vehicles. Asia: In November 2019, ZF signed an agreement to build an R&D center in the Huadu District, Guangzhou, China, which will be engaged in research and development in areas including brake-related electronics, steering, safety systems, New Energy Vehicles, and driverless vehicles. This R&D center will be ZF's third R&D center in China and the first in South China. The center is scheduled...

Market & Tech Reports  Updated at: 2025/03/21

In 2024, sales volume grew 4.8% year-over-year (y/y) to 2,343,000 units, making it the sixth largest Chinese group in the Chinese market. The breakdown shows 2,202,000 units for its own-brands and 323,000 units for foreign JV brands. Passenger car sales volume was 2 million, NEV passenger car (New Energy Vehicle: BEV+PHV) sales volume totaled 674,000 units, while light commercial vehicles reached 343,000 units.   Changan has set a sales volume ...

Market & Tech Reports  Updated at: 2025/03/12

NG motorcycle India Yamaha Motor: Hybrid motorcycle BMW Motorrad: 1,300cc boxer engine model   The Bharat Mobility Global Expo 2025 marked a notable shift among established two-wheeler manufacturers towards alternative fuels. These OEMs unveiled their latest lineups and advancements in alternative energy technologies, although new model announcements were limited. Brands like Hero MotoCorp, TVS, Suzuki, Yamaha, Honda, and Bajaj showcased both ne...

Market & Tech Reports  Updated at: 2025/03/06

hich was exhibiting at NEPCON Japan, displayed its new 1Ah type AS-LiB® (Ultra-thin model), which was announced in November 2024. The 1Ah type AS-LiB (Ultra-thin model), a 3mm thin all-solid-state lithium-ion battery, is only 1/4 the thickness of conventional products and has more than double the energy density at 200Wh/L, achieving a volumetric energy density equivalent to that of industrial iron phosphate lithium-ion batteries. The all-solid...

Market & Tech Reports  Updated at: 2025/02/28

c car Gensol Electric Vehicles: EZIO and EZIBOT compact EVs   The second report of the Bharat Mobility Global Expo 2025 highlighted the impressive displays by German and premium car manufacturers, as well as a presentation from JSW MG Motor. The event marked the debut of two new players in the New Energy Vehicle (NEV) sector Vayve and Gensol, showcasing their vehicles for the first time. These OEMs unveiled their technology, luxurious designs, a...

Market & Tech Reports  Updated at: 2025/02/27

ina are aggregate figures excluding exports.  (Note 2) Reasons for high electrification rates in Nordic countries               1. The population’s environmental awareness has always been high.              2. A high percentage of electricity is generated from renewable energy sources such as hydroelectric power and wind power (awareness of the need to use abundant renewable energy for electric vehicles).       ...

Market & Tech Reports  Updated at: 2025/02/26

the torque of the internal combustion engine is used for propulsion, operates electronic devices based on that condition, and updates data by rewarding when the criteria are met. In particular, rewards are given differently for drive and power generation modes, and rewards are adjusted according to energy efficiency, noise, and vibration criteria. As a result, it is possible to learn the optimal control for when the torque of the internal combust...

Market & Tech Reports  Updated at: 2025/02/21