ss and financial targets in the plan are to achieve revenue of JPY 8 trillion, operating profit of JPY 800 billion (operating margin of 10.0%), and ROE of 13.0%. The mid-term plan included an investment plan for the period from FY2025 to FY2031. The company plans to spend JPY 2 trillion in capital investments, of which JPY 1.2 trillion will be invested in India. The investments in India include JPY 550 billion to increase production capacity inc...

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

oduct range. Christopher Reed gave an example how Nissan’s system is already very complex, which would ideally be resolved with higher production volumes of fewer models. Charles Poon said that increased complexity results in OEMs spending effort in managing what systems require increased capital investments, longer lead times, and are more embedded within the vehicle. The concept of commoditized components can be used to simplify complexity to...

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

. In all cases, the ratios for each change by only decimal points compared to FY2023. As for the progress of the mid- to long-term business strategy formulated in September 2023, there are still issues remaining regarding profitability in existing areas (AT, etc.), but development costs and capital investments are being steadily made in growth areas (e-Axle, battery framework, Gigacast). In addition, the company's priority activities for FY2024 i...

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

w Georgia plant, Hyundai Motor Group Metaplant America (HMGMA) LLC, in which it plans to invest USD 5.5 billion. Hyundai's partner companies have invested USD 1 billion in the region to train local employees. In June 2024, Hyundai Mobis Co., Ltd. (Hyundai Mobis) announced that it would expand its investments in the U.S. for semiconductors and EV components. Besides investing 70% of its 2024 investments in 2024 in EV components, the company will...

Market & Tech Reports  Updated at: 2025/04/07

Of this amount, approximately USD 2.7 billion is the loss associated with the reorganization of SAIC GM (including costs related to the plant closure). Ford According to multiple media reports in May 2023, Ford is restructuring its China operations to simplify its organizational structure, reduce investments, cut costs, focus on higher-margin businesses, and focus its operations on exporting commercial vehicles and EVs. Stellantis In October ...

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

functions are integrated to enhance performance while simplifying the system structure. Manufacturing related: The company has production bases of brake parts in Europe, Germany, Spain, Poland, Hungary, Romania, Türkiye, etc. and in the Americas, the U.S., Mexico, Brazil, etc. Recent production investments in brake related products are as follows. Mexico: In August 2018, Bosch announced that it inaugurated a new 36,000 square meter productio...

Market & Tech Reports  Updated at: 2025/03/21

an includes the development of technologies that will contribute to the decarbonization of the entire supply chain, as well as the launch of 40 new vehicle models during the period. One of the main investment objectives is the development of new systems based on bio-hybrid technology. The following investments in the Betim and Porto Real plants are included in this investment plan. Investing BRL 14 billionin the Betim Plant in Brazil Stellantis...

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

lining financial position also poses a potential challenge for its short-term growth. Outlook: Changan will retain its position as one of China’s leading domestic automakers, supported by a comprehensive product line-up that covers the Car, SUV, MPV, and Pickup segments, together with ongoing R&D investments. At the same time, Changan is about to launch a series of new models that are also attracting market attention. Nonetheless, in the short ...

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

ompany's products have been on the market for 30 years with numerous safety and security certifications ensuring their reliability and dependability. Additionally, QNX provides guidance to OEMs and Tier 1s to develop their systems on its products in a safe and secure manner.   QNX has also started investments in tools and integration in the cloud to allow the OEMs and Tier 1s to develop, integrate, and prototype through cloud-based digital twins...

Market & Tech Reports  Updated at: 2025/03/11

559 20,726 23,156 25,815 -3,500 136,854 (Source: MarkLines)   Monthly sales figures for the SU7, released in March 2024. Although sold exclusively in China, sales grew at an astonishing rate.     Background of utilizing Gigacast EV plant built in Beijing. In addition to automation, huge investments have been made with consideration for SDGs (Sustainable Development Goals), such as installing solar panels covering the entire roof. (Sou...

Market & Tech Reports  Updated at: 2025/03/04

he establishment of an INR 2 billion E-Vehicle Promotion Fund under the Electric Vehicle Policy-2022 to encourage the adoption of electric vehicles (EVs) in the state. On February 14, the Karnataka state government announced its Clean Mobility Policy 2025-2030. The policy targets INR 500 billion in investments across the clean mobility value chain and aims to create 100,000 new jobs in the sector.   Japan   New vehicle sales in January were 366...

Market & Tech Reports  Updated at: 2025/02/26

s and 500,000 production units planned for domestic sales. Among the positive factors mentioned by the FTI were: (i) New EV production from manufacturers who applied for the EV 3.0 incentive package; (ii) Thailand's economy, which is expected to improve by 2.4% to 2.9% YoY; (iii) The government’s investments and policies to help stimulate the local economy; and (iv) The expected further cut in domestic interest rates that will reduce costs and ...

Market & Tech Reports  Updated at: 2025/02/25

these goals.   However, the slowdown in the pace of EV demand growth has become clear since the beginning of 2023, and companies have reported a series of delays and revisions to their plans. In addition, for many companies, the profitability of the EV business, which continues to attract massive investments, is uncertain, dragging down overall earnings.   There is a consensus in the industry that the market will shift to BEVs in the long term...

Market & Tech Reports  Updated at: 2025/02/21

New Auto Technology Research Institute was established in Shanghai. The institute will focus on research, development and application of cutting-edge technologies in the EV field, especially autonomous driving. The size of the institute is expected to expand in the future as the company expands its investments in technology.   The table below shows the technologies announced by BYD for 2024 and the models equipped with them. Item Name Equippe...

Market & Tech Reports  Updated at: 2025/02/18

entation. The goal is set to resolve "bottlenecks" rather than "making a profit", fully embracing semiconductor companies. Semiconductor companies The focus is on semiconductor design, process maturity, building production capacity, and establishing a global leading advantage. They make hefty investments in the short term and place their trust in the OEMs. In the long run, market size will expand and marginal costs will decrease, inevitably...

Market & Tech Reports  Updated at: 2025/02/18

hinese software suppliers.Promote policy guidelines for the country and encourage more application opportunities for Chinese-made automobile software. Establish a system of evaluation and selection An evaluation and selection system was established to ensure that the industry does not duplicate investments in a single area. Reduce fruitless excessive competition at low levels. Development of generalist human resources Organize white paper...

Market & Tech Reports  Updated at: 2025/01/08

uropean Association of Automotive Suppliers (CLEPA) announced that the European automotive supply industry is facing its most severe job losses since the COVID-19 crisis. A total of 86,000 jobs have been lost in the sector since 2020, driven by declining demand, rising production costs, and delayed investments in new technologies. By the end of 2023, 56,000 jobs had been lost, and a further 32,000 job cuts were implemented in the first half of 20...

Market & Tech Reports  Updated at: 2024/12/25

ons, while BEVs are moving towards REEV/PHEVs due to concerns about range. System platforming The lower-level modules need to be platformed at the same time. It covers a variety of electrification technologies, making it easier to adapt to large and small models, and reduces R&D and manufacturing investments. Highly efficient integration technology Hybrid platform elements are efficiently integrated. The output of the engine and motor remains...

Market & Tech Reports  Updated at: 2024/12/12

(Sep. 2023)     In July 2021, Mercedes-Benz announced its intention to make all new cars it sells (in markets where the situation allows) EVs by the end of the 2020s. To facilitate this shift, Mercedes-Benz has unveiled a comprehensive plan which includes significantly accelerating R&D. In total, investments into battery electric vehicles (BEVs) between 2022 and 2030 will amount to over EUR 40 billion. The company had stated that by strengtheni...

Market & Tech Reports  Updated at: 2024/12/06

) for the full year and posting global revenues of CNY 602.32 billion, up 42% y/y. As a result of these accomplishments, BYD was ranked 143rd on the 2024 "Fortune" Global 500. BYD's strategy remains focused on technological innovation and global market expansion. The company continues to make major investments in R&D, with R&D investment in 2023 reaching nearly CNY 40 billion, reflecting a 112% increase over 2022. BYD has applied for more than 48...

Market & Tech Reports  Updated at: 2024/11/28