to the overall decline in new car sales, the share of xEVs in Chinese domestic sales increased from the previous month to 52.9%. In addition to changes in the New Energy Vehicle (NEV) support measures starting from January and the impact of the Chinese New Year holiday in late February, excessive price reduction of BEVs and PHEVs is being restrained in response to intensive competition in the Chinese market, leading to ongoing uncertainty beyond ...

Market & Tech Reports  Updated at: 2026/03/27

ng to the organizers, the event attracted 580,250 visitors and generated IDR 8.7 trillion (approximately JPY 81.5 billion) in sales during the period. Although the number of visitors decreased slightly from 2025, sales increased. IIMS 2026 entrance   There had been speculation that EV prices might rise in 2026, but so far prices have remained unchanged. Instead, there is a trend towards increasing the unit price by adding value throug...

Market & Tech Reports  Updated at: 2026/03/27

d 723,000 units, down 13.1% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 421,000 units, down 12.2% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 246,000 units, down 12.9% y/y; range-extended electric vehicle (REEV) volumes totaled 55,000 units, down 20.1% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 52,000 units, down 3.4% y/y. In the BEV market, wholesale volum...

Market & Tech Reports  Updated at: 2026/03/16

Automotive World 2026: Batteries, Charger-related Technologies BorgWarner LFP battery packs, Yazaki charging wire harnesses, and more Summary Battery-related exhibits (BorgWarner, Tokyo Cosmos Electric, NGK Insulators) Charger-related products and measuring equipment (Yazaki, Nabtesco, Anritsu) Engineering services (Persol Cross Technology, TCS, SolutionX, NST) The concurrent Automotive World and NEPCON Japan expos were held January 21 - 23, 202...

Market & Tech Reports  Updated at: 2026/03/10

act of changes in New Energy Vehicle (NEV) support policy, such as the switch from full exemption of vehicle purchase taxes until the end of 2025 to half exemption in 2026, and the change from fixed amount subsidies for vehicle replacement to a format where subsidies vary according to the vehicle price. The increase in Thailand can be attributed to the fact that this was the final month of incentives under the EV 3.0 scheme (EV promotion measures...

Market & Tech Reports  Updated at: 2026/03/03

tware-Defined Vehicle 2025: event sponsors and partners and impressions from conference room and exhibition area (SDV Europe 2025, organized by we.CONECT Global Leaders GmbH /picture: Copyright © MarkLines Co., Ltd. All rights reserved)  The event kicked off on Sunday evening with an informal Ice Breaker Session, offering participants a relaxed networking opportunity over drinks and snacks. The main program featured 18 presentations, a pane...

Market & Tech Reports  Updated at: 2026/02/18

4% y/y. New Energy Vehicles (NEVs) In January, wholesale volumes of new energy passenger cars totaled 864,000 units, down 3.3% y/y. Specifically, BEV volumes totaled 507,000 units, down 3.0% y/y; PHEV volumes totaled 278,000 units, down 6.3% y/y; REEV volumes totaled 79,000 units, up 6.7% y/y; and ICE-powered hybrid passenger vehicle volumes totaled 74,000 units, up 0.2% y/y. In the BEV market, wholesale volumes of A00-class micro vehicles (whee...

Market & Tech Reports  Updated at: 2026/02/13

as a series hybrid, but includes a clutch that engages the engine directly to the drivetrain for parallel mode (engine + motor drive wheels), and appears to be a two-motor hybrid system similar to Honda's e:HEV (Intelligent Multi-Mode Drive - i-MMD) system.   Driving modes include (1) EV mode, (2) ICE mode, (3) series mode, and (4) parallel mode. In (1) EV mode, the P3 motor alone drives the vehicle to achieve pure electric driving. In (3) serie...

Market & Tech Reports  Updated at: 2026/02/13

The Production Cost Battle Summary Introduction THE EURO 7 COST TRAP INCALCULABLE COST RISK COSTLY POWERTRAIN ASSEMBLY COST ANALYSIS AND ASSEMBLY TIMES OF ICE AND BEV VEHICLES ADDED VALUE GIVEN AWAY COST PARITY NOW ACHIEVABLE GIGACASTING AND THE TRUE UNBOXED PROCESS 2.0 HIGHLY EFFICIENT PRODUCTION OF ELECTRIC VEHICLES STRONG IN CORE COMPETITION   This report contains a Spotlight article from Springer's automotive technical magazine "ATZ" www.at...

Market & Tech Reports  Updated at: 2026/02/05

ct by 3.8% YoY in Q4 2025, tempering full-year growth to 0.4% with 8.75 mn units built in 2025. Output has been affected by the introduction of Trump tariffs from April 3, 2025, with sales of group imports in the US falling by 21% YoY from Q2-Q4 2025. Despite the government intervention in the “price war” at the end of May 2025, slowing demand in China amidst tough competition from Chinese OEMs has also contributed to the group’s Chinese bu...

Market & Tech Reports  Updated at: 2026/01/30

Analysis of India’s Two-Wheeler Production and Manufacturing Capacity Trends among ICE Two-Wheeler Manufacturers including Hero, Honda, TVS, and Bajaj Summary Two-wheeler production/sales/export volume Production analysis by category Two-wheeler OEM production analysis Two-wheeler export analysis Hero MotoCorp Ltd. Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) TVS Motor Company (TVSM) Bajaj Auto Ltd. Royal Enfield Suzuki Motorcycle India ...

Market & Tech Reports  Updated at: 2026/01/30

ger, Everest (custom colors) Volvo: XC60 (PHEV), ES90 (BEV) Tesla: Model 3, Model Y, humanoid robot Optimus 2 Audi, Jeep, Kia, Porsche Motorcycle manufacturers’ booths   From November 29 to December 10, 2025, Thailand hosted the 42nd Thailand International Motor Expo under the theme “The Magnificent Motor Expo” (Press/VIP Day: November 28).   The show featured a wide lineup of international automotive brands, including Aion, Audi, AVATR, ...

Market & Tech Reports  Updated at: 2026/01/27

se 2.6% y/y to 1,768,000 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   Sales of electric vehicles in the 12 major countries and the 3 Nordic countries of Norway, Sweden,...

Market & Tech Reports  Updated at: 2026/01/26

SPOTLIGHT article from ATZ worldwide [12/2025] [the websites of Springer Fachmedien Wiesbaden GmbH, which are available at www.springerfachmedien-wiesbaden.de] reproduced with permission of Springer Fachmedien Wiesbaden GmbH.   Range-extended powertrains including an Internal Combustion Engine (ICE) driving a generator have so far hardly played a role in Europe. Many people considered them to be too inefficient due to their multiple conversio...

Market & Tech Reports  Updated at: 2026/01/19

ion units, up 3.3% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 940,000 units, up 5.8% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 476,000 units, down 3.8% y/y; range-extended electric vehicle (REEV) volumes totaled 147,000 units, up 13.4% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 90,000 units, down 18% y/y. YTD wholesale volumes totaled ...

Market & Tech Reports  Updated at: 2026/01/13

Hy6 V6 engine, we are demonstrating our commitment to hydrogen research for motorsport applications with high performance levels. The Alpenglow Hy6 concept is the perfect example of what is possible to achieve the essential step of reducing carbon emissions in motorsport,” explained Bruno Famin, Vice President Alpine Motorsports. The special features of the super-square engine with a 95-mm bore and 82.3-mm stroke, which is designed for high rev...

Market & Tech Reports  Updated at: 2026/01/07

ligent features, expanding the Pro series Mercedes-Benz: Presents electric CLA equipped with MB.OS BMW: Exhibiting numerous technologies including next-generation eDrive and Panoramic iDrive Toyota: Unveiling the bZ7 interior featuring Huawei and Momenta technologies Nissan: Debut of PHEV model N6, ICE model equipped with HarmonyOS cockpit   The 23rd Guangzhou International Automobile Exhibition (Auto Guangzhou 2025) was held from November 21 to...

Market & Tech Reports  Updated at: 2026/01/05

se 5.3% y/y to 1,849,000 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 Sales of electric vehicles in the 12 major countries and the 3 Nordic countries of Norway, Sweden, a...

Market & Tech Reports  Updated at: 2025/12/26

displacement and body sizes that meet the upper limits of the standards. Minicars are taxed differently from registered vehicles (standard cars and compact cars), with automobile and weight taxes set lower than for registered vehicles.   The Indian government has implemented new GST (Goods and Services Tax) rates from September 22, 2025. Cess (an additional tax in India levied to fund specific government initiatives) will be excluded from the ta...

Market & Tech Reports  Updated at: 2025/12/26

sales in 2024 were 4,930,000 units, up 17.0% from the previous year, and accounted for 7.8% of total vehicle sales. With the increase in electrified vehicles as described above, air conditioning systems are undergoing the following two changes. (1) Adoption of electric compressors The compressor in ICE vehicles is powered by engine rotational power via belts and pulleys, while in BEVs and PHEVs the compressor is now powered by electricity. Curren...

Market & Tech Reports  Updated at: 2025/12/22