vehicles. Conversely, the company has also commercialized roof-top air conditioners, taking advantage of the fact that it is a strong supplier of roof systems. Compared to Eberspaecher, a competing supplier of heaters, the company's customers tend to be mainly European OEMs. In recent years, plant investments have focused on battery systems and charging systems to accommodate the increase in BEVs and PHEVs. (2) Manufacturing sites and R&D faci...

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

strong engineering expertise, the challenge lies in the speed of implementation.  Ms. Matthes (Ampere) drew parallels with the disruption of the telecommunications industry in the early 2000s and pointed out that traditional OEMs must adapt in order to avoid becoming obsolete. Renault's strategic investments in software and partnerships signal its commitment to change. Rethinking Business Models  Dr. Laurent-Winter (BMW) highlighted the growin...

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

All-new Model Y (Photo:Copyright ©Tesla) Rivian   In 2009, Rivian (Rivian Automotive, Inc.) was founded and it is headquartered in Irvine, California. In 2018, the company announced its first two mass-produced models: the R1T pickup truck and the R1S SUV. In 2019, the company received investments from Amazon and other companies, received orders for commercial EDV vans as delivery vehicles, began production in 2021, and in February 2...

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

industrie e. V., Photo: Copyright © MarkLines Co., Ltd. All rights reserved)   When Ms. Keim asked how Stellantis avoids brand overlap or “cannibalization” within its multi-brand portfolio, CEO Huettl explained that Stellantis leverages the advantage of having many brands by sharing major investments and core technologies—such as batteries—across the group, while preserving the individuality of each brand By standardizing core techn...

Market & Tech Reports  Updated at: 2025/11/28

ncil (AAPC) said the USMCA will help maintain competitiveness through regional integration and save tens of billions of dollars annually. Uncertainty surrounding the USMCA is delaying companies' investment decisions. The Hyundai Motor Group claims that an early extension will immediately enable new investments of more than USD 20 billion in the United States. Tesla proposed standardizing EV charging standards in North America, while Stellantis ca...

Market & Tech Reports  Updated at: 2025/11/26

blic charging stations across the country with a financial outlay of INR 20 billion. Scheme to promote electric vehicle manufacturing   In June 2025, the Government of India approved a scheme to promote the domestic manufacture of passenger cars, especially electric vehicles (EVs). It will attract investments from global electric vehicle (EV) manufacturers and promote India as a leading manufacturing destination for EVs.   To encourage the glob...

Market & Tech Reports  Updated at: 2025/11/19

ection. 5. FAW Koyo Steering Systems Co., Ltd. (FAW Koyo) Overview and business activities   FAW Koyo Steering Systems Co., Ltd. (FAW Koyo) is a high-tech enterprise jointly established by FAWER Automotive Parts Limited Company, Japan's JTEKT Corporation (JTEKT), and Itochu Corporation, with investments by FAWER Automotive. The company mainly produces steering gear products for passenger vehicles and has the product development, production...

Market & Tech Reports  Updated at: 2025/11/18

ing scalable profitability requires substantial capital investment and faces increasing regulatory scrutiny in key markets• Technology Transition Costs: The industry-wide transformation toward next-generation technologies (electrification, autonomous driving, connectivity) demands significant R&D investments that may temporarily constrain production growth rates Structural challenges driving foreign brands' declineForeign automakers face persis...

Market & Tech Reports  Updated at: 2025/11/14

, a new company established in 2018, has been completed as planned. In June 2023, to strengthen its business in India, Toyoda Gosei announced that it would double the number of engineers responsible for product design in India to approximately 40 by the end of March 2026, as well as make additional investments in a local plant that manufactures airbags to increase production capacity. In India, the number of airbags required to be installed is ex...

Market & Tech Reports  Updated at: 2025/10/27

optical technology, for automotive applications. One of the results of this business partnership is the development of a headlamp system linked to a driver monitoring system (DMS). This will be discussed later in the Development Trends section, below. Company Profile Recent production-related investments are as follows. Japan: In May 2019, the company announced that it would add an LED production facility to its wholly-owned subsidiary, St...

Market & Tech Reports  Updated at: 2025/10/20

al interaction platforms, and next-generation detection modules (such as systems that fuse LiDAR and cameras) for the European market. By the end of 2026, ZYT's test vehicles and test scenarios in Europe are expected to cover the entire German region, and the company will continue to strengthen its investments in data centers, GPU clusters, cloud/edge computing platforms and infrastructure in Europe. Sensor solutions and domain controllers   ZYT...

Market & Tech Reports  Updated at: 2025/10/16

ast, Africa, Latin America, and Australia. There is a clear focus on reducing import dependence for critical components by leveraging localization and competitiveness.  The minister of Heavy Industries stated that the PLI scheme for automobiles and auto components has drawn over INR 295 billion in investments and created nearly 45,000 jobs. The PM E-Drive, launched in 2024, is boosting adoption of electric two- and three-wheelers, while its exte...

Market & Tech Reports  Updated at: 2025/10/09

th inside and outside Japan. Seeing the shift to electric vehicles as a business opportunity, the company will increase its supply of related parts. For the period from the fiscal year ending December 2024 to the fiscal year ending December 2026, the company will allocate JPY 53 billion for capital investments globally. By region, the company will invest JPY 18.5 billion in Europe, JPY 17.5 billion in Japan, JPY 7 billion in each China and the Am...

Market & Tech Reports  Updated at: 2025/10/07

specializing in the assembly of automotive seats. The major shareholders are Toyota Boshoku (52%), Toyota Auto Body Co., Ltd. (24%) and Tokai Kogyo Co., Ltd. (24%). Established in 1968 as Tokai Kako, a wholly-owned subsidiary of the current major shareholder Tokai Kogyo, the company received major investments in 1985 from Toyota Auto Body and in 2001 from Toyota Boshoku (formerly Araco), leading to the current shareholder composition. As all of ...

Market & Tech Reports  Updated at: 2025/09/27

Investments in India: Toyota and Volvo's plans in Karnataka Clean Mobility Policy 2025-2030 and Invest Karnataka 2025 Summary Automotive industry in Karnataka state Clean Mobility Policy 2025-2030 Invest Karnataka 2025 - Global Investors Meet (GIM) Automotive OEMs Auto component suppliers Other notable agreements   Karnataka is one of the biggest industrial states in India. The state is a leader in technology, R&D, and industrial sectors such as...

Market & Tech Reports  Updated at: 2025/08/27

of SDVs and vehicle structures, will begin at a plant in Poland in the October-December period of 2024. The plan is to mass-produce millions of units and aim for them to be adopted for both passenger cars and commercial vehicles. The remaining EUR 7 billion (about JPY 1.2 trillion) will be used for investments in plants and facilities. In parallel with the investment, the entire group will reduce costs by nearly JPY 1 trillion by the end of 2025....

Market & Tech Reports  Updated at: 2025/08/21

ange and privacy protection. Service issues When Chinese automakers first began expanding overseas, they faced problems such as inadequate after-sales service, which was time-consuming and costly. Obtaining financial business licenses is also difficult, and China's strict restrictions on overseas investments by financial institutions make it disadvantageous for Chinese automakers to provide automotive financial services. (Source: Prepared b...

Market & Tech Reports  Updated at: 2025/08/12

, Lear, and Magna Seating have been expanding globally for some time now, and their production systems are being upgraded. In the past, the European supplier Forvia SE was primarily focused on the European market, but in the two years from 2012 to 2013, the company aggressively expanded its capital investments, establishing a number of manufacturing sites and R&D facilities in the Americas and Asia. In 2024, Europe, the Americas and Asia accounte...

Market & Tech Reports  Updated at: 2025/08/06

rt and the full physical diversity of climate-neutral energy sources, including the corresponding drive technologies," he said.   He also emphasized the importance of a reliable legal framework not only for the passenger car and commercial vehicle industry, but also for sustainable energy, so that investments in development and production can be planned for the longer term.   According to Professor Geringer, the current EU fleet legislation for...

Market & Tech Reports  Updated at: 2025/07/17

e Trump administration intends to impose on Mexico and Canada, but has stated that it has no plans to relocate production to the United States. Oliver Blume, CEO of the group, emphasized that the North American auto industry is vertically integrated, and said that the company will move forward with investments such as its planned mid-size SUV, the Tayron, in Mexico.   The Audi Q5, which is being produced at the San José Chiapa plant, will not b...

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