con ADAS Horizon's Journey 6P and multi-sensor fusion solutions are already being used in several production models. Kunpeng Sky Optimus The thermal efficiency of the engine is over 48%, and when combined with the "Golden Range Extender" system, the oil-to-electricity conversion efficiency can exceed 4.0kWh/L. Furthermore, the high-efficiency turbocharger on board has a maximum efficiency of over 60%. Rock Solid Body 2.0 Feiyu ...

Market & Tech Reports  Updated at: 2025/12/16

ed to surpass CNY 60 billion by 2025. Of these, permanent magnet synchronous motors account for over 96% of the market share. As NEV market penetration continues to rise, the industry as a whole has entered a new growth cycle. By 2025, the scale of the drive motor industry as a whole is expected to exceed CNY 200 billion, with a compound annual growth rate of 15%–17%. Drive motors for NEVs are a core area, with 8.33 million sets installed as of...

Market & Tech Reports  Updated at: 2025/12/11

800V rare earth-free motor by 2027 that will be suitable for passenger cars, buses and robo-taxis.   Valeo Siemens eAutomotive (VSeA), the joint venture between the company and Siemens, has secured new orders worth EUR 1.5 billion in 2022. Valeo confirmed that VSeA's order book for 2021-2022 will exceed EUR 4.5 billion. Continental Click here to see recent developments   The consolidated sales turnover for the fiscal year ending in 2024 for Co...

Market & Tech Reports  Updated at: 2025/12/09

g Mengshi MORA platform, etc. (Source: Created by MarkLines based on the content of the presentation) Evolution of safety and intelligent driving experience   Currently, China's driver-assisted Level-2 (L2) penetration is rising rapidly, and in 2025 the penetration rate in passenger cars will exceed 65%. The penetration rate of NOA (Navigate-On-Autopilot) functionality in passenger cars is estimated to be close to 20%. However, safety risks...

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

le with over 1.4 million third-party charging stations. Currently, XPeng's charging service is provided to a cumulative total of more than 800,000 XPeng owners. Including other NEV users, the total number of charging services provided reaches 3.76 million users. The number of active users per month exceeds 900,000. Of these, general users already exceed the percentage of XPeng owners. The user composition is dominated by young users, who account ...

Market & Tech Reports  Updated at: 2025/12/02

Indian market 5-year forecast: New car sales to exceed 6 mn units in 2030 Passenger car market analysis: segment structure, sales volume by OEM Summary GlobalData Sales Forecast: India’s light vehicle sales to exceed 6 million units in 2030 2025 and medium-term trends in the passenger car market Reduction in GST for the automotive sector Passenger cars segment performance in 2024 Passenger car market segment structure OEM analysis of passenger ...

Market & Tech Reports  Updated at: 2025/11/20

e EPS penetration rate for local Chinese passenger car brands is expected to be around 94%. Steer-by-wire (SBW) is still only used in a small number of vehicles due to the difficulty of ensuring reliability and the high cost of creating redundant systems, and its penetration rate is not expected to exceed 5-6% by 2026. 2. Recent technology trends   In recent years, the recognition functions of ADAS sensors and cameras have improved rapidly, and ...

Market & Tech Reports  Updated at: 2025/11/18

e previous year.   Chinese OEMs accounted for about 70% of the passenger car market share in the first half of 2025. The sales decline of German and Japanese OEMs is severe, with market share shrinking.   According to GlobalData production forecast (October 2025), China's light vehicle production exceeded 30 million units in 2024 and is expected to maintain a level of 31 to 32 million units through 2028. Leading manufacturer BYD is projected to...

Market & Tech Reports  Updated at: 2025/11/14

agen to move up to third place, while SAIC and BAIC overtook Tesla in the top ten. Among emerging brands, Leapmotor saw a significant increase compared to the same period last year, replacing Li Auto as the top emerging OEM this quarter. XPeng and Xiaomi also enjoyed strong performances, with sales exceeding 100,000 units this quarter. Sales volume by OEM in China, July-September 2025(Source: MarkLines )   Chinese automakers are acce...

Market & Tech Reports  Updated at: 2025/11/11

e stemmed from an ineffective incentive rollout that is expected to be resolved next month. The UK PV market remained broadly flat as registrations totalled 145k units (up 0.5% YoY) in October 2025. The monthly selling rate rose over 18% to 2.12 mn units/year. The PV market is expected to exceed 2 mn units for the first time since 2019. Although the new Electric Car Grant (ECG) is boosting BEV sales, changes to the Employee Car Ownershi...

Market & Tech Reports  Updated at: 2025/11/11

as a new vehicle materials business in 1990. The company sews and produces cushions at its three manufacturing sites in Japan, China, and Thailand, and supplies them globally to module suppliers such as Autoliv and Nihon Plast. Although the company's production capacity is not disclosed, it likely exceeds 10 million units per year. In 2005, the company established KB Seiren, Ltd. to take over Kanebo Ltd.'s textile business, and has also entered ...

Market & Tech Reports  Updated at: 2025/10/27

ogy. It delivers an intelligent, personal and immersive cockpit experience. This model not only embodies Avatr's creative design challenges, but also the brand's ongoing pursuit of the concept of "Emotive Luxury." Avatr aims to fuse creative design and intelligent technology to create products that exceed expectations, requiring the redefinition of mobility experiences. Avatr Vision Xpectra concept car Avatr 06   The Avatr 06 i...

Market & Tech Reports  Updated at: 2025/10/20

Honda: HEVs thriving in North America and Japan GlobalData 5-Year Forecast: Honda struggling in China with BEV Summary GlobalData Sales Forecast: Honda to sell around 3.5 million units through 2030 China: Sales and production down sharply; expansion of BEVs an issue U.S.: Annual sales exceed 300,000 units with three HEV models Japan: HEV proportion expands, introduction of BEV mini vehicles   According to GlobalData's latest volume forecast, Hon...

Market & Tech Reports  Updated at: 2025/09/26

s, down 5.3% from 2.83 million units at the end of June. Inventory declines are particularly evident among imported brands that are more susceptible to tariffs. Toyota and Mitsubishi have inventory days below 30 days, BMW at 37 days, and Kia at 31 days, all of which are low levels. Most U.S. brands exceed 60 days, with Acura at 76 days and VW at 70 days.   On September 11, the Hyundai and LG Energy Solution Ltd. (LGES) joint venture battery plan...

Market & Tech Reports  Updated at: 2025/09/26

  Ms. Durán emphasised the proposed End-of-Life Vehicle Regulation (ELVR) offers a unique and timely opportunity to make automotive plastics more circular. With appropriate policy support, investment, and collaboration across the value chain, the recycling industry is well positioned to meet and exceed the targets. EuRIC calls on European policymakers to uphold the Commission’s ambition and ensure that this regulation becomes a cornerstone o...

Market & Tech Reports  Updated at: 2025/09/04

ectric vehicle sales in April increase 31.6% y/y to 1,341,000 unitshttps://www.marklines.com/en/report/statistics_evsales_202504 ASEAN Vehicle Sales and Production Update (Q1 2025)ASEAN Countries Automotive News Top Rank Topicshttps://www.marklines.com/en/report/rep2852_202505 Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030Launch of e VITARA in India, increasing electric and CNG vehicleshttps://www.marklines.com/en/rep...

Market & Tech Reports  Updated at: 2025/08/28

The government of Karnataka exempts from payment of taxes on all categories of electric vehicles both transport and non-transport vehicles including e-rickshaws and e-carts, except for motor cars, jeeps, omnibuses, and private service vehicles run on electricity having the cost of the vehicle which exceeds INR 2.5 million under Karnataka Motor Vehicles Taxation Act.   To support last-mile connectivity, e-rickshaws/EV auto rickshaws will be encou...

Market & Tech Reports  Updated at: 2025/08/27

vehicles”・Multiple product options, including rechargeable and swappable types (Source: Prepared by MarkLines based on the content of the presentation) Battery swap practices   Currently, CATL's "Choco-Swap" battery swap solution serves 24 ongoing projects, with consumer demand growth far exceeding expectations. Choco-Swap model overview The table can be scrolled left and right. A0 Class Wuling Binguo A Class Changan Oshan 520...

Market & Tech Reports  Updated at: 2025/08/22

2,000 direct jobs and produce 40,000 300mm (12-inch) wafers per month. Construction of the plant is planned to begin in the second half of 2024, with production to begin by 2027. The joint venture will be 70% owned by TSMC and 10% each by Bosch, Infineon, and NXP, with total investment expected to exceed EUR 10 billion. Malaysia In February 2022, Bosch announced that it will invest USD 457 million to expand its semiconductor plants in Penang,...

Market & Tech Reports  Updated at: 2025/08/21

ess overview Lear Corporation (Lear) is a leading U.S.-based seat supplier founded in 1917. The company is ranked 11th in the world in global automotive components sales (FY2023), with sales in the fiscal year ended December 2024 of USD 23.306 billion and seat division sales of USD 17.222 billion, exceeding Adient. The company has 255 offices in 37 countries, with a total of about 173,700 employees (as of December 2024), of which about 85,800 ar...

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