all for an eventual expansion to 8,181 installations. As of March 2024, 14 of the 18 passenger car models sold by Maruti Suzuki in India are available in CNG (compressed natural gas) versions that can run on both gasoline and E20.   Comparison of gasoline and CNG versions of Wagon R Retail price Fuel consumption Fuel price Running 10,000km Fuel expense CO2 emissions Gasoline vehicle INR 554,500 24.35km/L INR 94.72/L INR 39,000 974kg ...

Market & Tech Reports  Updated at: 2025/05/15

led 1.133 million units, up 40.2% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 719,000 units, up 49.2% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 322,000 units, up 21.7% y/y; range-extended electric vehicle (REEV) volumes totaled 92,000 units, up 49.3% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 69,400 units, up 6% y/y. In the BEV market, wholesale volumes o...

Market & Tech Reports  Updated at: 2025/05/14

2024)   The Thai government has set a policy of making electric vehicles (EVs) account for 30% of domestic automobile production by 2030, and has been expanding EV production. In the past, there have been policies favoring the production of electric vehicles (EVs) over internal combustion engine (ICE) vehicles, aiming to shift directly from ICE vehicles to battery electric vehicles (BEVs). However, in Thailand, around 2024, the demand for BEVs ...

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

he e:HEV RS variant. The City Hatchback e:HEV combines a 1.5L Atkinson-cycle DOHC i-VTEC engine with a dual electric motor setup and e-CVT transmission, delivering 253 Nm of torque and achieving 27.8 km/l in fuel efficiency.   Another highlight was the e:N1, Honda's first fully electric vehicle, priced from THB 1.199 million. Imported as a CBU model from China, it is now open for booking and purchase. Offered in a single variant, the e:N1 featur...

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

mit panels while also allowing attendees to ride and test various EVs at an indoor test track.   The panels at WCX 2025 covered a wide range of themes surrounding the automotive industry. One Leadership Summit session explored the utility and impact of AI in the automotive industry. Jack Weast, a Vice President and General Manager of Intel Automotive, gave a keynote presentation about his thoughts on the Chinese automotive industry from his time...

Market & Tech Reports  Updated at: 2025/04/30

g affordable EVs for the Mexican domestic market.   The Olinia will be the first EV designed and assembled entirely in Mexico, and will be available in three models with sales starting in 2026: a model for personal use, a model for neighborhood mobility (cab), and a model for urban delivery. The price range is expected to be MXN 90,000 to 150,000 (approximately USD 4,600 to 7,600), and all models are scheduled to be launched during President She...

Market & Tech Reports  Updated at: 2025/04/30

spite strong growth in the Mercosur region (+11.1% or +22k units YoY). European build has been hampered by weak BEV demand due to a lack of purchasing incentives and strong competition from Chinese brands, with Fiat 500 BEV assembly falling by 74% in 2024. This was compounded by the loss of the 500 ICE in June due to the EU’s UNECE155 (cybersecurity) Directive, as well as “temporary gaps” in the product range alongside inventory reduction i...

Market & Tech Reports  Updated at: 2025/04/30

e 33.4% y/y to 1,490,000 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 presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are i...

Market & Tech Reports  Updated at: 2025/04/25

Dongfeng by the end of 2026. General Motors will launch more than 10 NEV models between 2025 and 2026. Dongfeng PSA has announced a new NEV brand with Stellantis.   In terms of policy, in January 2025, the National Development and Reform Commission and the Chinese Ministry of Finance issued the Notice on Expanding the Scope of Implementation of Large-Scale Equipment Renewal and Consumer Goods Replacement Policies in 2025. The scope of support fo...

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

or motor instead of a torque converter Two-shaft gearbox used instead of a planetary stage, combined with a torque converter The above 1 is an "AT-based" structure, as shown in the green box in Figure 1 below, which is often used for hybrids, but Mercedes-Benz has been using multi-disc clutches in ICE (internal combustion engine) vehicles for many years, and Mazda has been using them from 2022 onwards.   On the other hand, the sub-transmission...

Market & Tech Reports  Updated at: 2025/04/15

led 1.128 million units, up 35.5% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 708,000 units, up 35.2% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 334,000 units, up 38.9% y/y; range-extended electric vehicle (REEV) volumes totaled 86,000 units, up 26.0% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 85,700 units, up 19% y/y. In the BEV market, wholesale volumes ...

Market & Tech Reports  Updated at: 2025/04/11

of Mitsubishi Motors Corporation Smart Grid Expo [Spring] venue (CATL) Decarbonization Expo (Spring) venue (Daihen Corporation)   Related reports: Smart Energy Week Spring 2025 (1) FCVs, FC units, Hydrogen-related Products (Mar. 2025)Automotive World 2025: Batteries, Charging, and Measuring Devices (Feb. 2025)Japan Mobility Show Bizweek / CEATEC 2024: Electrification Technologies (Nov. 2024)Smart Energy Week Autumn: Electrification Technolog...

Market & Tech Reports  Updated at: 2025/04/08

ed for even longer distance driving as a plug-in hybrid electric vehicle (PHEV).   Rotary engine emissions improvement   For a rotary engine (RE), in addition to its compact size, there is a great deal of freedom in the layout of engine accessories, which means that when combined with electric devices, it is space-efficient and easy to install. It has the advantage of enabling innovative packaging and design, and also has characteristics such a...

Market & Tech Reports  Updated at: 2025/04/01

duction 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: Making its first foray into Indonesia with the Boma, a compact MPV BEV BAIC: Planning local production of ICE vehicles Hyundai: Compact SUV Venue Suzuki: eWX compact EV concept, Jimny test drive Honda: e:N1 subcompact electric SUV Toyota: HEV model lineup ...

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

g control. It has 20 ADAS features and an anti-fuel theft system. It is available with multi-deck length options.   Tata Prima H.28 hydrogen truck Prima H.28 hydrogen truck   The Tata Prima H.28 is a groundbreaking hydrogen-powered truck. It is equipped with India’s first 4-cylinder H2 ICE engine, a 5.3L H2 SGI BS IV-compliant powertrain. With a Type 4 ICE H2 cylinder and a 1,500 liter tank capacity, the Prima H.28 offers a 500 km ra...

Market & Tech Reports  Updated at: 2025/03/27

e 56.9% y/y to 1,038,000 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 presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are i...

Market & Tech Reports  Updated at: 2025/03/26

.V. began introducing the next generation models utilizing its multi-energy STLA platform. The STLA platform is compatible with various powertrains, including battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and internal combustion engine (ICE) vehicles. In addition, affordable multi-energy vehicles based on the Smart Car platform are being introduced globally.   Stellantis is developin...

Market & Tech Reports  Updated at: 2025/03/18

Tesla 556.7 1⮕ BEV SUV (D segment) 2 ★ Song PLUS BYD 512.0 3⬈ BEV/PHV SUV (D segment) 3 ★ Seagull BYD 479.3 8⬈ BEV A 4 ★ Qin PLUS BYD 443.2 2⬊ BEV/PHV D 5 ★ Model 3 Tesla 360.0 7⬈ BEV D 6 ★ Yuan PLUS BYD 309.5 4⬊ BEV SUV (C segment) 7 ☆ Tiggo 7 Chery 304.0 14⬈ ICE/PHV SUV (C segment) 8 ★ Qin L BYD 284.3 Not sold in previous year⬈ PHV D 9 Lavida Volkswagen 284.1 6⬊ ICE C 10 ★ Song Pro BYD 280.8...

Market & Tech Reports  Updated at: 2025/03/14

s Avon Emobi OPG Future Mobility Pvt. Ltd. (formerly Okaya EV Pvt. Ltd.) Auron / Greenway Mobility   The event also saw participation from prominent electric two-wheeler manufacturers and startups. However, some established electric two-wheeler manufacturers chose to skip the event. Similar to the ICE two-wheeler sector, there were limited new launches from well-established electric two-wheeler brands, with most OEMs showcasing their existing li...

Market & Tech Reports  Updated at: 2025/03/13

pment. This refers to the expansion of one innovative business plan (launched in 2017), three sub-plans (electrification "Shangrila"; intelligentization "Dubhe Plan"; and globalization "Vast Ocean"), three brands (Changan, Deepal, and Avatr), three series (Changan Uni, Changan Qiyuan, and Changan Kaicene), and five markets (Europe, the Middle East/Africa, Latin America, Southeast Asia, and the Commonwealth of Independent States (CIS)).   The "23...

Market & Tech Reports  Updated at: 2025/03/12