ditional tariffs would be imposed from July 2024, and this was officially decided in August. The tariff rate will be a maximum of 38.1% added to the existing flat rate of 10%, depending on the level of cooperation of each OEM. (Examples: BYD +17.4%, Geely +20.0%, SAIC +38.1%, Shanghai Tesla +21.0%, BMW Brilliance iX3 +21.0%, Dongfeng Dacia 21.0%)   U.S. In April 2024, the EPA released its final proposal for CO2 emission regulations for LDVs and ...

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

riants of Carens MG Motor: ZS EV and electric vehicle lineup, hydrogen fuel storage tank, high voltage battery pack VW Group: Latest models from Škoda, Volkswagen, Audi, Porsche, and Lamborghini Honda: Elevate compact SUV Isuzu: D-MAX S-CAB Z pickup truck Mercedes-Benz: SUV lineup with Concept EQG BMW Group: BMW i7 and comprehensive lineup of electric vehicles Maruti Suzuki's exhibition booth   India is one of the fastest growing autom...

Market & Tech Reports  Updated at: 2024/03/08

Indian OEMs Investment and Future Plans (2) Japanese and European carmakers increase their presence in growing Indian market Summary Toyota Kirloskar Motor Honda Cars India Nissan Motor India Renault India Skoda Auto Volkswagen India Citroen - Stellantis Group MG Motor - SAIC BYD India Luxury car manufactures: Volvo Cars, Jaguar Land Rover, Jeep, Audi, BMW, Mercedes-Benz   In the last two years, Indian OEMs have started to focus on electric mobi...

Market & Tech Reports  Updated at: 2023/12/28

e availability of roaming and subscription-based services at publicly accessible charging stations.   In the chapter on charging payment issues these two types for charging payments – ad hoc and subscription-based - will be further addressed.   IONITY high-power charging stationsPhoto: © BMW AG, Munich (Germany)   In 2017 BMW Group, Daimler AG (now Mercedes-Benz Group), Ford Motor Company and the Volkswagen Group with Audi and Pors...

Market & Tech Reports  Updated at: 2023/12/05

000 vehicles in India at the Indian Prime Minister Modi and Tesla CEO Musk meeting in June 2023. The company is conducting activities toward SAE North American standardization of the Tesla supercharger charging system, and is forming alliances with seven OEMs. ＊ III-1-6 Individual descriptions   BMW In order to reduce CO2 emissions by more than 50% from the 2019 level by 2030, the company has launched 15 electric vehicles (including 6 BEVs) in...

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

an 1 million units within five years. Major foreign automakers have also accelerated their shift to electrification and announced plans to introduce electric vehicles one after another. VW will build an EV R&D center and a procurement center in Anhui Province, and launch over 30 EV models by 2030. BMW announced that it will release 11 EV models in 2023. General Motors plans to release more than 15 EV models based on the Ultium platform by the en...

Market & Tech Reports  Updated at: 2023/08/01

l.   The following are major components of the revised IRA guidelines. A vehicle must be assembled in North America (US, Canada, and Mexico). The brand and OEM’s country of origin is not a factor, only the final assembly plant location. This new requirement means that vehicles, including the BMW i4, Hyundai Ioniq5, Kia EV6 and Toyota bZ4X are no longer eligible for the tax credits at the present time. New pricing guidelines limit the MSRP ...

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

greements with a wide variety of companies for the battery materials needed for this purpose.   For reference, the gain from the sale and trading of CO2 emission rights was USD 1.58 billion at the time of closing the 2020 financial year accounts.* III-1-6 Descriptions of individual technologies   BMW   At a presentation on advanced technologies held in June 2021, BMW announced that by 2025, sales will increase by 50% year-over-year, with a cum...

Market & Tech Reports  Updated at: 2022/11/11

BMW Group: Accelerating Electrification to Increase EV Share of Sales to Over 50% Building EV assembly plant in Hungary; BBA and Spotlight Automotive setting up plants in China Summary BMW Group targets to deliver 2 million EVs by 2025 Transforming plants to ramp up EV production Autonomous driving technology: Level 2/3 systems to be developed with Qualcomm and Arriver Mobility services: BMW and Daimler to sell Share Now joint venture to Stellant...

Market & Tech Reports  Updated at: 2022/08/04

ng from March 23 - April 3, 2022, Thailand's 43rd Bangkok International Motor Show (BIMS 43), in an exhibition space of 170,960 square meters, was held under the theme concept of "Keep Moving Forward Together." Exhibitors included leading international automotive and motorcycle brands such as Ford, BMW, MINI, Mercedes-Benz, Great Wall Motors, Rolls-Royce, Aston Martin, Maserati, Peugeot, Jeep, Toyota, Lexus, MG, Mazda, Suzuki, Isuzu, Hyundai, Aud...

Market & Tech Reports  Updated at: 2022/04/11

Bangkok International Motor Show 2022 (1): Keep Moving Forward Together Foxconn's MIH Platform, EVs from Chinese and European manufacturers Summary Arun Plus: Foxconn's MIH Platform, Foxtron and Hozon's BEV models Great Wall Motor: HEV & BEV models highlighted TANK 300 HEV Concept Car, and ORA Good Cat GT MG ZS EV and MG HS PHEV Volvo Cars: C40 and XC40 Recharge pure electric BMW i4 M50 Electric and X4 M Competition Mercedes-Benz EQS, new C-C...

Market & Tech Reports  Updated at: 2022/04/06

IAA Mobility 2021: BMW and Polestar emphasize high performance and sustainability BMW i Vision Circular, MINI Urbanaut Concept, Polestar 2, and Porsche Taycan Summary BMW: "RE:IMAGINE TODAY to RE:SHAPE TOMORROW" sustainability in focus MINI: Electrification as the key to the future, and the Urbanaut concept Polestar: An innovative company in expansion Porsche: High-performance aims for the future IAA Mobility 2021 venue   The IAA ("Inte...

Market & Tech Reports  Updated at: 2021/10/13

BMW Group's plan for 25% of sales to be electrified in Europe by 2021 Enhancing EV production network, directly sourcing lithium and cobalt for battery cells Summary A million BMW electrified vehicles expected to be on the road by the end of 2021 Autonomous driving technology: co-development with Daimler AG put on hold, Samsung’s 5G TCU to be supplied Mobility services: BMW and Daimler AG set up joint ventures, car-sharing operations exit Nor...

Market & Tech Reports  Updated at: 2020/12/16

BMW Group to accelerate its electrification plan to launch 25 models by 2023 BMW and Daimler AG establish five joint ventures for mobility services Summary Launching 25 electrified vehicles including over 13 EVs by 2023 Autonomous driving technology: co-development with Daimler AG, partnership with Tencent in China Mobility services: BMW and Daimler AG merge businesses, set up five joint ventures New model launch plans: expanding premium segment ...

Market & Tech Reports  Updated at: 2019/10/18

German OEM Electrification Strategies, Including EV Product Timelines EQ, ID., and BMW i brands serve as vehicle electrification centerpieces Summary Daimler begins launch of EQ brand production models Volkswagen ID. brand leads OEM-wide electrification strategy BMW expands BMW i sub-brand after successful i3 and i8 Volkswagen ID.3   With the Dieselgate scandal affecting public perception on vehicle emissions, European automakers have m...

Market & Tech Reports  Updated at: 2019/10/04

he same weekend in 2018.   While not necessarily reflected in attendance numbers, NAIAS has seen a recent decline, resulting from CES and automakers unwilling to share attention for product reveals. Automakers unveiled 30 models at the 2019 NAIAS, compared to 69 reveals in 2018. Furthermore, Audi, BMW and Mercedes-Benz were absent, joining other automakers who chose to not attend in recent years such as Porsche, Jaguar and Volvo. In response, th...

Market & Tech Reports  Updated at: 2019/02/22

BMW Group: launching premium-segment and electric models Daimler AG and BMW Group sign an agreement to merge mobility services Summary BMW Group’s business outlook for 2018 Introducing 12 EVs and 13 PHVs by 2025 Opening autonomous driving campus near Munich BMW and Daimler agree to integrate mobility services New model launch plans: expanding premium segment lineup Enhancing business in China Increasing production capacities in the U.S., Europe...

Market & Tech Reports  Updated at: 2018/09/14

works, and development of environment-friendly and autonomous driving technologies. Mid-term target for Mercedes-Benz Unit sales Mercedes-Benz is aiming to be the No.1 premium car manufacturer in sales by 2020. In 2015, the Mercedes-Benz brand ranked second in unit sales at 1.87 million units. (BMW’s sales were 1.91 million units while Audi sold 1.81 million vehicles.) Profit rate The targeted profit rate (EBIT from the ongoing business/r...

Market & Tech Reports  Updated at: 2016/05/23

uspension system. Other comfort-related features include standard active noise cancellation and bolstered, ergonomic seats. Interior trim options include aluminum, wood, and carbon-fiber highlights.  The 2017 Infiniti Q60 will go on sale in late summer 2016. Competitors to the Q60 will include the BMW 4-Series, Audi A5, Mercedes-Benz C-Class, Lexus RC, and Cadillac ATS.   2016 Infiniti Q50 Sports Sedan  As Infiniti's top selling model in North...

Market & Tech Reports  Updated at: 2016/02/11