(y/y) to 15.653 million units. Of this total, passenger car sales grew 13.0% y/y to 13.531 million units, while commercial vehicles increased 2.6% y/y to 2.122 million units. Sales of New Energy Vehicles (NEVs) grew 40.3% y/y to 6.937 million units, accounting for 44.3% of all new vehicles.   This report presents significant trends and activities of Chinese and foreign automakers in the Chinese market in the second quarter (Q2) of 2025.   Chine...

Market & Tech Reports  Updated at: 2025/08/01

arch 2025.   MMC is also actively promoting the introduction of BEVs, and has announced that it will launch the Eclipse Cross BEV model in Europe around the fall of 2025, as well as a new BEV based on the next-generation Nissan Motor Co., Ltd. (Nissan) Leaf model in the second half of 2026.  This report focuses on Mitsubishi Motors Corporation’s production and sales and also presents a detailed explanation of the company’s electric and hybr...

Market & Tech Reports  Updated at: 2025/07/30

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (June 2025) Electric vehicle sales in June increase 13.3% y/y to 1,483,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains) About this report...

Market & Tech Reports  Updated at: 2025/07/28

Global Top 10 OEMs Production Forecast (Q2 2025) Global production to reach 91.0M units in 2025, 91.4M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle production in 2025 is estimated to increase by 0.6% YoY to 91.0 mn.-The implementation of the new 25% US auto and auto-part tariffs has undermined our...

Market & Tech Reports  Updated at: 2025/07/28

Global Top 10 Countries Sales Forecast (Q2 2025) Global sales to increase 1.3% to 89.9M units in 2025, downward revision from previous forecast Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle sales are forecast to increase by 1.3% YoY to 89.9 mn.-The latest update to the Global Light Vehicle (LV) market forecast h...

Market & Tech Reports  Updated at: 2025/07/28

o improve operational efficiency and production quality. At the same time, the company introduced the "ONE R&D" strategy in China to integrate its R&D resources in China and launched a "Regional Chief Engineer (RCE)" system. Chinese engineers will lead the entire research and development process of global models and jointly developed models, upgrading the company from "defined by Chinese needs" to "driven by Chinese wisdom."   Furthermore, Toyot...

Market & Tech Reports  Updated at: 2025/07/22

GlobalData Global Light Vehicle Sales Update (June 2025) Summary Commentary For June, the Global Light Vehicle (LV) selling rate improved to 93 mn units/year. In year-on-year (YoY) terms, the market grew over 2% as sales reached 7.7 mn units globally. Trade tensions began to affect the key markets of the US and Western Europe, while in China, sales remain robust amid favorable market conditions and incentives. In Western Europe, the story is br...

Market & Tech Reports  Updated at: 2025/07/22

s grow 102.2% compared to the previous year, to 291,000 units, showing a marked increase in sales. On the other hand, the sales volume of Guangzhou Xiaopeng Motors Technology Co., Ltd. (XPeng) increased by 34.2% year-over-year (y/y) to 190,000 units, reflecting a relatively moderate growth.   This report introduces recent developments at China's emerging EV automakers Leapmotor, Li Auto and XPeng. Leapmotor released its LEAP 3.5 architecture, a ...

Market & Tech Reports  Updated at: 2025/07/14

duction expansion for the fourth consecutive year, concerns over impact of U.S. tariffs Hyundai/Kia Group: Production of SUVs for the U.S. market transferred to the U.S. plant Chinese manufacturers: Tension in U.S.-China relations creates headwinds for new entrants Tesla, BYD, and Hon Hai (Foxconn) GlobalData Production Forecast: Mexico light vehicle production expected to be 3.56 million units in 2028 Mexico light vehicle production and ex...

Market & Tech Reports  Updated at: 2025/07/11

uld be more accurately referred to as ‘defossilisation’ instead of ‘decarbonisation’. To achieve this goal, we need a concerted effort and the full physical variety of climate-neutral energy sources, including the appropriate drive technologies.”, he said.   This is part two of the event report, which covers an outline of the plenary closing session, in which top representatives from PHINIA, ZF and Volkswagen discussed sustainable mobi...

Market & Tech Reports  Updated at: 2025/07/08

Analysis Report: Thermal Management of BEV Batteries (Europe, U.S. and China Markets) Searching for battery cooling methods to reduce costs List of Suppliers Introduction I. Overview and trends of thermal management methods II. Thermal management major functional parts sourcing map III. Overview and trends of major component suppliers IV. Installation status of major functional parts by model Valeo Mahle Behr Hanon Systems Modine Manufacturi...

Market & Tech Reports  Updated at: 2025/07/08

Pony AI: Robotaxis and Robotruck services Introduction Pony AI robotaxi overview Pony AI robotruck overview Pony AI revenue trends Pony AI customers & partners Pony AI technology & products Summary and Perspectives About This Report   This report was written by VSI AV Insight for MarkLines' portal users. VSI AV Insight provides industry with deep insight and analysis on the enabling technologies used for active safety and automated driving.   ...

Market & Tech Reports  Updated at: 2025/07/03

ware Vulnerability Detection and Analysis by AI (Shanghai Jiaotong University) Decision Support System Using Data-Driven AI (Beihang University, Shanghai AI Innovation Center) AI-based Action Planning and Control in Vehicle Operation, In-vehicle AI Companion and Driver Monitoring (SoftBank)   This report was prepared by MarkLines based on patent information from the "Technical Information Distribution Service - swimy" provided by Toyota Technica...

Market & Tech Reports  Updated at: 2025/06/30

"Better and Newer”. Highlights included the Chinese debut of Cadillac's Lyriq-V, an all-new model of Buick's NEV family GL8, the Electra sub-brand concept car, and the ”Xiao Yao” architecture technology, which showed the direction of the overall strategy to accelerate transformation.   This report summarizes the progress of the China strategies of BMW, Mercedes-Benz, and GM as well as technology highlights, focusing on their exhibits at t...

Market & Tech Reports  Updated at: 2025/06/30

the Pacifico Yokohama convention and exhibition center. According to an announcement by the organizer, the Society of Automotive Engineers of Japan, Inc. (JSAE), the event included 617 companies with 1,470 booths, and attracted 79,808 visitors, an increase of 3,836 visitors from last year.   This report focuses on core electrification-related technologies such as storage batteries, battery packs and modules, battery life extension and safety, a...

Market & Tech Reports  Updated at: 2025/06/27

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (May 2025) Electric vehicle sales in May increase 23.1% y/y to 1,431,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report pres...

Market & Tech Reports  Updated at: 2025/06/25

sed in Japan in April 2025, Honda exhibited next-generation technologies to be used in the Honda 0 series, and Suzuki Motor Corporation (Suzuki) exhibited Suzuki's exhibit on demonstration testing for the development of BEV mini-trucks (<660cc) attracted the attention of event participants.   This report introduces the exhibits of Toyota, Honda, Subaru, Mazda, and Suzuki at the Automotive Engineering Exposition 2025 (JSAE 2025 in Yokohama).   R...

Market & Tech Reports  Updated at: 2025/06/25

s) Recycling-related technologies (Toyota) DX-related technologies (Toyota)   The Toyota Business Fair (sponsored by Toyota City and the Toyota City Chamber of Commerce and Industry) was held at Sky Hall Toyota on May 22 and 23. This Business Fair has been held since FY2009 in part to overcome the global economic recession caused by the Lehman Brothers collapse in 2008. The event is a comprehensive exhibition with displays from a wide range of b...

Market & Tech Reports  Updated at: 2025/06/24

ger, the current EU fleet legislation for pure greenhouse gas emissions from vehicles is inadequate; an overall system view, such as in Japan, is necessary in order to give climate-neutral fuels and energy-efficient drives such as range extenders a chance in Europe.   This is part one of the event report, which summarized the keynotes of the opening plenary session, in which board members from Bosch, HORSE Powertrain, Mercedes-Benz and MAN discu...

Market & Tech Reports  Updated at: 2025/06/20

GlobalData Global Light Vehicle Sales Update (May 2025) Summary Commentary For May, the Global Light Vehicle (LV) selling rate is estimated to be 90 mn units/year, a slowdown from the improvement seen the previous month. In year-on-year (YoY) terms, the market grew 5% as sales reached 7.6 mn units globally. The story remains similar to April in the key markets of China, the US, and Western Europe. China and the US saw positive growth in LV sale...

Market & Tech Reports  Updated at: 2025/06/19