llion HEVs by 2028 and 2 million EVs by 2030, expanding its EV lineup to 21 models, while focusing on the development of HEVs and range-extender vehicles in response to the declining demand for EVs. The North American Hyundai Motor Group Metaplant America (in Georgia, producing for the three brands Hyundai, KIA, and Genesis) began mass production in April 2025. The plant will also produce HEVs, although it was originally intended to produce BEVs ...

Market & Tech Reports  Updated at: 2025/12/01

ince nearly 85% of GMK’s Korean production is shipped to the US, the brand is likely to face continued challenges in the near term.  Tariffs are likely to impact GM Korea (GMK) the most, as the automaker has been shipping nearly 85% of its Korean production to the US. Hyundai Group—comprising Hyundai, Kia, Genesis—should also prepare for short-term challenges as a necessary step toward rebalancing its global operations. Renault Korea, des...

Market & Tech Reports  Updated at: 2025/10/23

SAIC-GM-Wuling Wuling Xingguang 2024 D 〇 SAIC-GM-Wuling Wuling Bingo 2023 B 〇 Changan Auto Qiyuan A07 2023 D 〇 BYD Yangwang U9 2024 F 〇 BYD Seal  2022 D 〇 BYD Seagull / Dolphin Mini 2023 A 〇 Li Auto Li L6 2024 D 〇 Leapmotor C16 2024 D 〇 Korea Hyundai Kona Electric 2023 C 〇 Japan Honda Acura ZDX 2024 D 〇 Nissan Sakura 2022 A 〇 Toyota bZ3 2023 D 〇 Efforts to improve the cooli...

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

eme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   This year's event will feature a diverse lineup of international automotive brands, including Aion, Audi, Aston Martin, BMW, BYD, Changan (Deepal / AVATR), Chery, Farizon, Ford, Denza, Geely, GWM, Honda, Hyundai, Isuzu, Juneyao, Jeep, Lexus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Porsche, Riddara, R...

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

illion investment to build a new plant in Southfield, Michigan, U.S. The new 180,000-square-foot plant will be operated by Autoliv's Michigan subsidiary, which currently operates four plants. Main customers:   In 2024, sales to the top six customer companies/groups (VW, Toyota, Stellantis, Honda, Hyundai, and Ford) accounted for 51% of total sales, and sales to the top 11 customers (GM, Nissan, Mercedes-Benz, BMW, and Renault in addition to the...

Market & Tech Reports  Updated at: 2025/04/24

Indonesia International Motor Show 2025 (IIMS 2025) Chinese OEMs, Japanese OEMS, Hyundai, VinFast exhibits; charging network Summary Wuling: Top in local EV sales with launch of Air EV and Cloud EV BYD: Promoting the Sealion 7, local plant to start production in January 2026 GAC Aion: Aion V debut Chery: Unveiling Tiggo, Jaecoo, Omoda, and Jetour electric vehicles Geely: Re-entering the Indonesian market with CKD production of the EX5 Honri: Maki...

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

1) EV Promotion Policies; Increasing Entry of Chinese OEMsThailand: BYD and Wuling begin EV production, Indonesia: Hyundai and LGES build JV battery plant https://www.marklines.com/en/report/rep2720_202408 GAIKINDO Indonesia International Auto Show 2024Emerging forces such as Chinese manufacturers, Hyundai, and VinFast are on the risehttps://www.marklines.com/en/report/rep2721_202408 Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (July 2024)...

Market & Tech Reports  Updated at: 2024/11/26

n of its EV shift to 2 million units globally, 33 new EV models, and an investment of KRW 35.8 trillion. However, the Chinese business has been downsized and two plants have been sold. The shift to North America has become clear, and a dedicated EV plant, the "Meta Plant" (in Georgia, producing the Hyundai, Kia, and Genesis 3 brands), is scheduled to start up in the third quarter of 2024. Cell production has been mainly outsourced, with local sou...

Market & Tech Reports  Updated at: 2024/10/18

GAIKINDO Indonesia International Auto Show 2024 Emerging forces such as Chinese manufacturers, Hyundai, and VinFast are on the rise Summary BYD: Debut of the “M6”, an MPV-type EV Wuling: Locally produced flagship models A, B, C (Air ev, Binguo EV, Cloud EV) GAC Aion: Debut of the Hyptec HT and Aion ES Chery Automobile: iCAR 03, an off-road SUV EV Great Wall Motor (GWM): Launches new models Haval Jolion and Tank 300 Dongfeng (DFSK)/SERES: Sell...

Market & Tech Reports  Updated at: 2024/08/30

mpleted, Korean annual production capacity is expected to be 4.83 million units.   Vehicle production capacity in Korea by OEM Assembly plant Production capacity(1,000 units) Production in 2023(1,000 units) Models and activities Hyundai Motor Co., Ltd. Ulsan 1400→1,600 (2025) 1,579 Hyundai Kona, Avante(Elantra), Tucson, Santa Fe, Ioniq 5, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60.Construction of an EV dedicate...

Market & Tech Reports  Updated at: 2024/07/25

assis, airbags, automatic driving support parts, and other components. Airbag technology was originally developed through technical cooperation with the former TRW (currently ZF) and the former KSS (currently JSS), but is now being developed in-house. Customers for its automotive components include Hyundai, Renault Samsung, Toyota Group, Honda Group, GM, Mercedes-Benz, Bosch, BMW, Volkswagen, Ford, Porsche, and many others. The company mainly sup...

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

are still quite a few 6-speed ATs in Japanese cars, mainly Lexus models, and the Toyota 4Runner has a 5-speed (corresponding to 1% in the figure). Toyota and Honda also provide vehicles with 10-speed ATs, and around 100,000 units of each of the Tundra, Pilot, and Odyssey are sold annually.   Some Hyundai, Kia, and Genesis models are HEVs, and they have 6-speed ATs, but all their other ATs are standardized to 8-speeds. Although some grades of Ko...

Market & Tech Reports  Updated at: 2024/03/21

Preh Ford Ford Kuga Hybrid (Spain) 2021 Mk III Eberspaecher Webasto [C] Mahle Mahle Preh [CH] Hanon Systems Ford Ford Kuga Plug-In Hybrid (Spain) 2021 Mk III Eberspaecher Webasto [C] Mahle Mahle Preh Geely Volvo XC40 Recharge (Belgium) 2021 Gen-1 Hanon Systems Hyundai / Kia Hyundai Kona (Czech Republic) 2021 Gen-1 Denso Webasto Denso Denso Mercedes-Benz Mercedes-Benz A-Class (Hungary) 2022 W177 BHTC Mercedes-Benz Merce...

Market & Tech Reports  Updated at: 2023/11/22

3 of its global sales. For this reason, the company plans to raise its investment in electrification by approximately 60% annually. The IONIQ 5, to be released in 2021, will be manufactured in Korea, the U.S., Indonesia, Singapore, and India as a global model, and was released in Japan in 2022. The Kona Electric will be launched in Japan in the fall of 2023. Cell production has been mainly outsourced, with local sourcing from LG's plants in Korea...

Market & Tech Reports  Updated at: 2023/11/01

of these cars, commanding road presence, safety parameters, and elevated driving position are some of the reasons why consumers are dumping small cars and moving towards these segments, which created a good market for these cars. Major OEMs in India including Maruti Suzuki, Mahindra, Toyota, Tata, Hyundai, and Kia are now focusing on these segments.   Decline of entry-level cars   The entry-level car market is declining rapidly in India. It is...

Market & Tech Reports  Updated at: 2023/09/19

ndai Motor Company also plans to build a plant exclusively for EVs by extending its Ulsan Plant.   Vehicle production capacity in Korea by OEM Assembly plant Production capacity(1,000 units) Production in 2022(1,000 units) Models and activities Hyundai Motor Company Ulsan 1,400 1,424 Hyundai Kona, Avante (Elantra), Tucson, Santa Fe, Ioniq 5, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60Construction of an EV dedicate...

Market & Tech Reports  Updated at: 2023/07/05

certain options and trim levels above $80,000) 2023 Ford, Rouge Electric Vehicle Center SK Battery America, Inc. $108,900 $80,000 Exceeds MSRP limit GM GMC Hummer EV 2023 GM, Factory Zero (Detroit) Plant Ultium - Lordstown, OH $87,000 $80,000 Exceeds MSRP limit Hyundai Genesis G80 Electric 2023 Hyundai, Ulsan Plant, Korea Samsung SDI $80,920 $55,000 Vehicle assembled outside N.America Hyundai Genesis GV60 2023 Hyundai, Ulsan Plant, Korea SK...

Market & Tech Reports  Updated at: 2023/06/26

airbags, automatic driving support parts, and other components.   Airbag technology was originally developed through technical cooperation with the former TRW (currently ZF) and the former KSS (currently JSS), but is now being developed in-house.   Customers for its automotive components include Hyundai, Renault Samsung, Toyota Group, Honda Group, GM, Mercedes-Benz, Bosch, BMW, Volkswagen, Ford, Porsche, and many others.   The company mainly ...

Market & Tech Reports  Updated at: 2023/04/20

Hyundai to sell 1.87 million EVs a year by 2030 Enhancing software for connectivity and autonomous driving, developing fuel cell commercial vehicles Summary Hyundai: Introducing 17 new EV models by 2030 Hyundai’s new EV model launch plan: New Kona, Ioniq 7, and Genesis GV90 to be released in 2023 Kia to sell 1.2 million battery EVs annually by 2030 Kia’s new EV model launch plan: Introducing EV dedicated models including EV9, EV7, and EV4 SUV...

Market & Tech Reports  Updated at: 2023/03/17

Eberspaecher Webasto [C] MAHLE Preh Ford Ford Kuga Hybrid (Spain) 2021 Mk III Eberspaecher Webasto [C] MAHLE Preh Ford Ford Kuga Plug-In Hybrid (Spain) 2021 Mk III Eberspaecher Webasto [C] MAHLE Preh Geely Volvo XC40 Recharge (Belgium) 2021 Gen-1 Hanon Systems Hyundai / Kia Hyundai Kona (Czech Republic) 2021 Gen-1 Denso Thermal Systems Webasto Denso Thermal Systems Denso Thermal Systems Mercedes-Benz Mercedes-Benz A-Class (Hun...

Market & Tech Reports  Updated at: 2022/12/15