vesting billions in AI infrastructure, signalling its central role in industrial innovation. However, European companies, especially in Germany, risk falling behind due to outdated legacy systems, organizational culture, and talent shortages. AI is booming for a reason—half of U.S. startup funding now goes to AI, and the top five tech giants alone plan to spend over $250B this year on GPUs and data centers. (CAR IT Symposium 2025 organiz...

Market & Tech Reports  Updated at: 2025/04/22

, falling short of the expected 25% share. The van situation is even worse. Focusing on this challenge, ACEA and CLEPA propose solutions to avoid fines for light-duty vehicles.   On February 6, the European Commission announced that it had selected 39 projects within the EU with EUR 422 million in funding from the Alternative Fuels Infrastructure Facility (AFIF) to expand alternative fuel infrastructure. This includes the installation of public ...

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

d rules were put into place that make batteries produced in FEOCs (foreign entities of concern) such as China ineligible for the tax credit.   In addition, in anticipation of a possible change in decarbonization policy by the new Trump administration, the Biden administration announced a series of funding and loan decisions for EV supply chain-related businesses under the Inflation Control Act (IRA) from late 2024 to early 2025. Ford: Plans to ...

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

Accelera™ FC technology, scheduled to be launched in North America in 2026. (6) H2Accelerate   The H2Accelerate project is pursuing the production of 150 FC trucks and the construction of a network of dozens of hydrogen stations across Spain, Belgium, France, Germany, and the Netherlands with a funding of EUR 30 million in 2023. The EU’s Clean Hydrogen Partnership’s H2Accelerate project includes hydrogen-related companies such as Linde, S...

Market & Tech Reports  Updated at: 2025/01/07

ai Industry Akashi-Kikai Co., Ltd. is a CVT supplier for Daihatsu, boasting a higher production volume of CVTs than CVTs manufactured by Daihatsu in-house. Business overview: Headquartered in Inami-cho, Kako-gun, Hyogo Prefecture. The company was established in 1946, started receiving investment funding in 1952 from Daihatsu, and has been a consolidated subsidiary of Daihatsu Motor Co., Ltd. since 2000. Akashi-Kikai started to manufacture CVTs...

Market & Tech Reports  Updated at: 2024/11/21

, many new start-ups have started operations in India, showcasing their innovative products and technological advancements.   While the segment thrives, many companies have encountered challenges in recent years, including product acceptance issues, intense competition, and reduced or insufficient funding. Nonetheless, most companies are actively operating and creating new opportunities in this space.   In the past two reports, the market of el...

Market & Tech Reports  Updated at: 2024/10/16

companies. In recent years, established OEMs like Bajaj and TVS Motors have made significant advancements in sales of electric two-wheelers, but the top-selling brands are predominantly newer entrants.   These companies offer more technical advanced features for electric two-wheelers. With strong funding and partnerships, these companies are setting up production facilities and expanding their retail networks. However, in recent months, some of...

Market & Tech Reports  Updated at: 2024/09/20

s report is a summary of the findings.       The existing installed base and projected deployment rollout of public EV infrastructure varies widely by region and country. Deployment strategies for each country are driven in part by existing and projected EV adoption levels but also by government funding, incentives and commitments to transition new sales of vehicles from ICE to electric by a specific target date. Grid capabilities also differ ...

Market & Tech Reports  Updated at: 2024/09/19

owing: In August 2018, in Japan, the new Yamaguchi Plant (Plant No. 3) was completed, manufacturing seatbelts, airbags and interior products. In July 2017, its local subsidiary in Mexico, Ashimori Industria de Mexico, established a second plant to manufacture seatbelts, airbags and interior parts. Funding for building and equipping the plant was jointly financed by the Japan Bank for International Cooperation (JBIC) and private financial institu...

Market & Tech Reports  Updated at: 2024/09/12

(plug-in hybrid) passenger cars (including range-extender types) meet a conditional equivalent EV range of 43km or more in EV mode. Notice on central budget allocation for 2024 automobile replacement subsidy The Chinese Ministry of Finance promulgated the notice on May 31, 2024. The total annual funding for the automobile replacement subsidy is CNY 11,197,750,000 and the quota for the number of end-of-life vehicles collected for the full year ...

Market & Tech Reports  Updated at: 2024/08/01

of River Limited, India Indie electric scooter from River (Source: Yamaha)   In February 2024, Yamaha Motor Co., Ltd. announced an investment in World of River Limited, Inc., a startup that manufactures and sells electric scooters in India. This investment is for River's Series B round of funding through third-party allotment.   River has established River Mobility Private Limited in Bengaluru as a group company, which offers electric ...

Market & Tech Reports  Updated at: 2024/07/31

anese Ministry of Land, Infrastructure, Transport and Tourism lifted the suspension order to Mazda on June 28 and that the two companies have been working, for example, on alternative production options, thus confirming that the impact on suppliers is limited. Based on the results of METI's survey, funding measures for small and medium-sized enterprises (SMEs) and small (micro) businesses will not be implemented, but individual consultations with...

Market & Tech Reports  Updated at: 2024/07/26

Foretellix, headquartered in Israel, provides a verification & validation (V&V) environment where real-world test drives and virtual simulations can be performed on a single platform. Originating from a spin-off from a semiconductor testing company, the company is growing rapidly, having raised funding from Toyota, Isuzu, and other sources. By utilizing the Foretify Platform development tools from the preliminary development stage, the qualit...

Market & Tech Reports  Updated at: 2024/07/01

for May was 7.2%, down 0.4 points from April. Cumulative HV sales for the January to May period increased 15.6% y/y to 1.885 million units, accounting for 7.7% of total vehicle sales volume.   In May, there was significant activity in the U.S. regarding electric vehicles. The first is a policy on funding for EV manufacturers announced by the Biden administration on May 6, which states that USD 100 million will be provided to automotive componen...

Market & Tech Reports  Updated at: 2024/06/26

at it would contribute a total of USD 44 million towards building a reliable power grid. Eleven selected projects will receive a total of USD 34 million to develop the means to promote the creation of a clean, reliable electric power grid using wind and solar energy. The remaining USD 10 million in funding will be used to streamline clean energy interconnection to the power grid, optimize the connection and management of renewable energy and batt...

Market & Tech Reports  Updated at: 2024/04/25

of products with low investment through cell-based assembly methods. Van production at the Bicester plant in the U.K.began in the second half of 2022, and the Charlotte, North Carolina plant has been preparing for the start of production in the second half of 2024.   With the challenge of securing funding, the company had attempted to reduce operating costs, including employee reductions and raising additional funds in 2023, but in November 2023...

Market & Tech Reports  Updated at: 2024/04/02

The company has product offerings that include electric two-wheeler models, along with both public and private charging infrastructure solutions. Ather Energy has two electric vehicle manufacturing facilities, located in Whitefield, Bangalore, and Hosur, Tamil Nadu.   The company has also received funding from various institutions, including Hero MotoCorp, the Technology Development Board under the Department of Science and Technology, Flipkart,...

Market & Tech Reports  Updated at: 2024/03/15

. While the EV requirement will remain in place, it is expected that OEMs will have time to reduce the cost of EVs, and sales will increase dramatically as a result of cost reductions.   The U.S. Department of Energy announced on January 19 that the U.S. government will provide USD 46.5 million in funding for 30 different projects in Washington, D.C. and 16 states. The goal is to improve the charging performance, resiliency, and reliability of e...

Market & Tech Reports  Updated at: 2024/02/28

ountries viz., USA, Japan, Australia, Singapore, Germany, South Korea, and France had also set up their pavilions in the event.   During the event, the state government announced Tamil Nadu Semiconductor and Advanced Electronics Policy. The state government also announced TANFUND portal, a Startup funding platform of Tamil Nadu, to connect Tamil Nadu based Startups with global funds to raise investment.     Vibrant Gujarat Global Summit is a b...

Market & Tech Reports  Updated at: 2024/02/05

embly designs and information (via sustainability passport). Mandate that 25% of plastics be made of recycled materials, 25% of which must be derived from end-of-life vehicles. Recycle 30% of plastic from end-of-life vehicles. Allow cooperation with recyclers and grant incentives to vendors through funding Expand applicable vehicle types to include trucks, buses, trailers, etc.   The proposed amendments are currently under discussion and a fina...

Market & Tech Reports  Updated at: 2024/01/30