ean manufacturer of brake friction materials, were transferred from Japan's Nisshinbo Holdings, Inc. (Nisshinbo Holdings) to German investment fund AEQUITA SE & Co. KGaA (AEQUITA) in November 2023. Additionally, as a result of negotiations with Hella Pagid GmbH (Hella Pagid), a brake joint venture (JV) with Hella GmbH & Co. KGaA (Hella), TMD Friction regained exclusive control of the Pagid brand. Pagid brand brake products have been sold since Oc...

Market & Tech Reports  Updated at: 2026/03/24

7 (D-segment sedan BEV) Honda S7/P7 (D-segment SUV BEV) Japanese BEV launch plans and NEV market trends   In recent years, Japanese automakers (OEMs) have been struggling with product deployment and price competition in the Chinese market. However, by strengthening cooperation with joint venture (JV) partners and introducing BEVs (battery electric vehicles) tailored to local needs, there have been signs of a recovery in sales volume since 2025....

Market & Tech Reports  Updated at: 2026/03/17

AFEELA 1’s HMI From coverage of the CES 2026 exhibition Summary Display (front instrument panel, rear seats, Media bar) Yoke-type steering wheel switches (air conditioning, lighting, etc.), door opening/closing systems AFEELA 1 HMI concept (Personalization, AI communication, cloud integration, and more)   Sony Honda Mobility (SHM), the joint venture (JV) mobility tech company established by Sony Group Corporation and Honda Motor Co., Ltd. in ...

Market & Tech Reports  Updated at: 2026/03/12

tween SVOLT Energy Technology Co., Ltd. (SVOLT) and Banpu NEXT Co., Ltd. Began operation in 2024. SAIC Group/MG Chonburi Plant EVs,batteries 72 Models: MG 5, MG ZS, MG HS, MG HS PHEV, MG VS HV, MG 4 EV, MG 3 HV, MG S5 EV Battery: Drive batteries for PHEVs, CTP (Cell-To-Pack) battery assemblies A JV plant between SAIC and Charoen Pokphand Group (CP Group). CTP battery assembly line in operation in 2024. Plans to produce MG ZS EV in the future. ...

Market & Tech Reports  Updated at: 2026/02/24

ibution of its subsidiary Arcfox brand was noteworthy. On the other hand, GAC Group dropped from seventh to ninth place, with sales volume down 13.9% y/y to 1.721 million units, and its market share shrank to 5.0%. Although GAC Toyota Motor (GTMC) performed well, other own-brands and joint venture (JV) brands across the board did not perform well, and GAC Aion, the mainstay brand of the company, was unable to secure sufficient volume under the in...

Market & Tech Reports  Updated at: 2026/02/19

d)   According to data released by the Board of Investment of Thailand (BOI), 197 companies (217 cases)* received BOI approvals for automotive between December 23, 2024 and December 17, 2025. Of these, 97 companies (99 cases) are related to Chinese investment capital, including joint ventures (JVs). This includes 14 Chinese cases that were approved prior to incorporation.  *Figures in parentheses are the number of approvals. Discrepancies i...

Market & Tech Reports  Updated at: 2026/02/17

atteries will be tested in prototype vehicles in 2026 and mass-produced and delivered in 2027. On November 28, a project signing ceremony was held at the Nanjing Jiangning Development Zone regarding a production facility for drive batteries for United Auto Battery System Co., Ltd. (a joint venture (JV) between the SAIC Group and Contemporary Amperex Technology Co., Ltd. (CATL)). The facility has the capacity to produce batteries for 210,000 NEVs....

Market & Tech Reports  Updated at: 2026/02/09

43,000 units sold. In second place was the Panda mini with 17,000 units. In third place was the Galaxy E5 with 14,000 units. Geely’s overall electric vehicle sales were up 34.9% y/y to 203,000 units.   On November 18, Renault's Brazilian subsidiary announced the establishment of a joint venture (JV) with Geely to invest BRL 3.8 billion (approximately JPY 110 billion) in the São José dos Pinhais plant in the state of Paraná. On the 19th, it ...

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

ce: MarkLines Customized Sales Volume (Japan, A-segment, by model))   Many light passenger cars are supplied by other companies on an OEM basis, and Nissan Motor Co., Ltd. (Nissan) plans and develops three models, the DAYZ, ROOX, and Sakura, through NMKV (Nissan Mitsubishi Kei Vehicle, a 50:50 JV venture between Nissan Motor and Mitsubishi Motors, established in 2011), and produces them at Mitsubishi Motors' Mizushima Plant in Kurashiki, Jap...

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

ls and controlled degradation, while its low-temperature resistance has also been significantly improved. The FC system was jointly developed by Honda Motor Co., Ltd. (Honda) and General Motors Company (GM) and is manufactured by Fuel Cell System Manufacturing, LLC (Michigan, USA), a joint venture (JV) between the two companies. CR-V e:FCEV and FC stack FC stack C system explanation screen (major components) FC system explanati...

Market & Tech Reports  Updated at: 2025/12/11

T belts are manufactured by its subsidiary CVTEC Co., Ltd. at three production sites: Tahara City, Aichi Prefecture; Tomakomai City, Hokkaido; and Sasebo City, Nagasaki Prefecture. CVTEC was established in July 2002 as a joint venture (50:50) with Robert Bosch GmbH (Bosch), but in December 2006 the JV was terminated, Aisin made it a subsidiary, and Toyota took a stake in the company. (Aisin: 66.6%, Toyota Motor Corporation: 33.4%). In January 201...

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

technology development, material procurement, cell production, and recycling. The company aims to invest more than EUR 20 billion by 2030 and achieve annual sales of more than EUR 20 billion.   In the area of materials procurement, the company announced the establishment of a 50:50 joint venture (JV) with Belgian battery materials manufacturer Umicore N.V. (Umicore) to produce precursors and cathode materials. From 2025 onwards, this JV will su...

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

features a remarkable 20% bio content and is 100% recyclable. The company’s NAFILean product family has been selected by major OEMs such as Renault, Stellantis, and Nissan for use in their vehicles. Joint venture with Chery for sustainable cockpit technologies The Company signed a joint venture (JV) agreement with Chery to deepen cooperation in the field of smart and sustainable cockpits. The two companies will establish a cockpit JV in Wuhu, ...

Market & Tech Reports  Updated at: 2025/11/20

isclosed Note: Only facilities producing power steering systems and related components are shown. The table can be scrolled left and right. Form: ◎Head office functions ○Regional headquarters ●Manufacturing site ★R&D facility Country Company name Location Type Investment ratio (%) JV partner / Major shareholders Major customers Production items (Remarks) China Automotive Systems, Inc. Asia China Great Genesis Holdings Limi...

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

ich will be the site of its second manufacturing plant in Indonesia, in Karawang Prefecture, West Java Province, with production scheduled to begin in November 2020. The company will supply products to local Japanese automakers such as Toyota and Daihatsu. Toyoda Gosei Indonesia is a joint venture (JV) with the major local parts supplier, PT. Astra Otoparts Tbk (Astra Otoparts), with an 80% ownership by Toyoda Gosei and 20% by Astra Otoparts. The...

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

asen Electric Industrial Co., Ltd. 99,730 99,759 94,341 N/A N/A N/A Lamp sales in the auto parts-related business are unknown. Created from each company's publicly available information, etc. The table can be scrolled left and right. Country Name of Entity Location Operations EquityRatio JV Partner Main Customers Products Koito Manufacturing Co., Ltd. Asia Japan Koito Manufacturing Co., Ltd. Headquarters Minato Ward (Tokyo) --- -...

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

n the development of bipolar lithium-ion batteries and bipolar all-solid-state batteries (ASSBs).” In November 9, 2022, Michigan Automotive Compressor, Inc., a joint venture between Toyota Industries and Denso, announced a USD 82 million expansion at its Parma, Michigan, plant. The joint venture (JV) produces electric air conditioner compressors for major automakers, using precision aluminum CNC (Computer Numerical Control) machining and automa...

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

Göttingen plant in Germany started operations in 2023, bringing the total planned production capacity to 20GWh in four phases. In July 2025, the 5MWh liquid-cooled energy storage system product was mass-produced at the Göttingen plant. In addition, Gotion InoBat Batteries (GIB), a joint venture (JV) with emerging Slovak battery manufacturer InoBat Auto j.s.a. (InoBat), is building a battery plant in Šurany, Slovakia, which is scheduled to be ...

Market & Tech Reports  Updated at: 2025/09/29

suppliers such as Toyota Boshoku and TS Tech, whose business was mostly within their keiretsu, have been pursuing non-keiretsu group business by establishing overseas manufacturing and R&D sites to supply overseas OEMs. Until now, suppliers have typically entered the market through joint ventures (JVs) with major seat suppliers in Europe and the U.S., such as Adient, Lear, and Faurecia, but in recent years, Japanese seat suppliers have been esta...

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

, management reviews have been undertaken, resulting in the following situations. KYB: The company announced its policy to discontinue domestic production (Gifu North Plant) of electric power steering (EPS) after 2020. The company has shifted its focus to EPS produced by its Chinese joint venture (JV), Hubei Henglong & KYB Automobile Electric Steering System Co., Ltd., which is expected to be profitable. Astemo: The company was launched in Janua...

Market & Tech Reports  Updated at: 2025/09/18