Ministry of Commerce announced that it has filed a complaint with the World Trade Organization (WTO) regarding the U.S. tariff increase against China.     Imported vehicle sales volume in the U.S. totaled 6,437,000 units (in 2024). In descending order by OEM, GM imported 1,176,000 units, Hyundai/Kia 1,140,000 units, Toyota 783,000, VW 522,000, and Nissan 480,000.   Brands where imported vehicles account for more than half of their U.S. sales ...

Market & Tech Reports  Updated at: 2025/05/02

Ltd. Honda Honda Civic Sedan (Canada) FL 2021 Toyoda Gosei Co., Ltd. Honda Honda CR-V (USA/Canada) RW2 / RT6 2021 Autoliv Autoliv Autoliv Honda Honda Odyssey (USA) RC 2021 Autoliv Autoliv Toyoda Gosei Co., Ltd. Honda Honda Pilot (USA) YF 2021 Autoliv Hyundai-Kia Hyundai Santa Cruz (U.S.) NX4a 2024 Autoliv Hyundai-Kia Hyundai Santa Fe (USA) TM 2024 Autoliv Hyundai Mobis Hyundai-Kia Hyundai ...

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

sses use DCTs).   The trend toward standardized transmissions is in anticipation of the future shift to EVs, with ZF not expanding sales of 9-speed transmissions (although they remain in the Land Rover and other models) and Mercedes-Benz discontinuing 7-speed transmissions.   In Europe, Hyundai, Kia, and Genesis offer MT in many models and combine AMT or DCT in small models, which differs from their strategies in the U.S. where ATs are the nor...

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

Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...

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

hare development work with automakers (such as dynamometer testing and actual vehicle testing) and production capabilities (QCD: quality, cost, delivery). The company has already grown into a major brake manufacturer for European and U.S. automakers. The company began as an affiliate of Hyundai and Kia, but has been working to expand its customer base with the goal of maintaining its share of sales inside the Group to 40% or less. Currently, the ...

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

teon Climate Control Corp.) Recent activities [Company and Business Overview] Hanon Systems Corporation (Hanon Systems) is a specialist thermal management supplier of air conditioning equipment and cooling systems, headquartered in Daejeon, South Korea. The company's main customers are Hyundai and Kia, but due to its relationship with the former Visteon, Hanon Systems is building a supply system for global customers such as Ford, Chrysler, VW, M...

Market & Tech Reports  Updated at: 2024/11/07

DFK 2022 Visteon Corporation JLR Jaguar F-Type X152 2022 Dräxlmaier Group JLR Jaguar I-Pace Gen-1 2022 Dräxlmaier Group JLR Land Rover Range Rover L460 2022 Dräxlmaier Group Visteon Corporation JLR Land Rover Range Rover Velar L560 2022 Grupo Antolin-Irausa, S.A. [O] Kia Sportage NQ5 2022 SEOYON E-HWA Automotive Slovakia, s. r. o. [F, O] Lamborghini Aventador Gen-1 2022 Alcantara S.p.A. (trim) Lamborghi...

Market & Tech Reports  Updated at: 2024/10/31

EV shift to 2 million units globally, 33 new EV models, and an investment of KRW 35.8 trillion. However, the Chinese business has been downsized and two plants have been sold. The shift to North America has become clear, and a dedicated EV plant, the "Meta Plant" (in Georgia, producing the Hyundai, Kia, and Genesis 3 brands), is scheduled to start up in the third quarter of 2024. Cell production has been mainly outsourced, with local sourcing fro...

Market & Tech Reports  Updated at: 2024/10/18

Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup Hyundai and Kia to build EV plants in Korea, battery joint venture plants with LGES/SK On in the US Summary Korean government: Aiming to have 4.2 million EVs on the road by 2030, continuing EV subsidies in 2024 Korean vehicle production capacity is 4.48 million units, Hyundai and Kia building EV dedicated plants Hyundai Motor Group’s electrification strategy Hyundai Mo...

Market & Tech Reports  Updated at: 2024/07/25

uring site Moldava Manufacturing site Poland Manufacturing site Manufacturing site Manufacturing site R&D facility Manufacturing site Portugal Manufacturing site Manufacturing site Romania Manufacturing site Manufacturing site Serbia Manufacturing site Manufacturing site Slovakia Manufacturing site R&D facility Manufacturing site Manufacturing site Slovenia Manufacturing site Spain Manufacturing site Manufacturing s...

Market & Tech Reports  Updated at: 2024/07/04

l quite a few 6-speed ATs in Japanese cars, mainly Lexus models, and the Toyota 4Runner has a 5-speed (corresponding to 1% in the figure). Toyota and Honda also provide vehicles with 10-speed ATs, and around 100,000 units of each of the Tundra, Pilot, and Odyssey are sold annually.   Some Hyundai, Kia, and Genesis models are HEVs, and they have 6-speed ATs, but all their other ATs are standardized to 8-speeds. Although some grades of Kona, Santa...

Market & Tech Reports  Updated at: 2024/03/21

Hyundai Grandeur Hybrid HEV Korea Asan Plant 2017 LG LiB 1.76kWh NMC Hyundai Kona Hybrid HEV Korea Ulsan Plant 2023 LG LiB 1.56kWh Hyundai Santa Fe Hybrid HEV Korea Ulsan Plant 2020 LiB 1.49kWh 270 5.5 Hyundai Sonata Hybrid HEV Korea Asan Plant 2019 LG LiB 1.4kWh 270 Kia EV6 BEV Korea Hwasung Plant 2021 SK LiB 77.4kWh Kia EV9 BEV Korea Gwangmyeong Plant 2023 LiB 99.8kWh 800 180.9 Kia K3 EV BEV Korea Ye...

Market & Tech Reports  Updated at: 2023/11/01

Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity Kia to set up electric PBV plant in Korea, Hyundai to construct EV plant in U.S. Summary Korean government: Planning to produce 3.3 million EVs by 2030, granting EV subsidies of up to KRW 5 million Korean automaker production capacity is 4.5 million units, with the Hyundai Motor Group accounting for 78% of the total Hyundai Motor Group’s electrification...

Market & Tech Reports  Updated at: 2023/07/05

ystem Jeep Grand Wagoneer (USA) 2021 TomTom International BV N Car navigation system Jeep Renegade (Brazil) 2022 Mitsubishi Electric Corporation A Display audio Jeep Wagoneer (USA) 2021 TomTom International BV N Car navigation system Jeep Wrangler (USA) 2018 Alpine N 9-inch in-dash system Kia Rio (Mexico) 2022 TomTom International BV S ADAS map Mazda Mazda3 (Mexico) 2021 Panasonic Automotive Systems I Infotainment control unit Merce...

Market & Tech Reports  Updated at: 2023/06/08

New York International Auto Show: BEV HMI New HMI trends in North America Summary The latest BEV HMI from the exhibits Hyundai Ioniq 6, Kia EV9, EV6 Genesis Electrified G80 , Electrified GV70, GV60 Chevrolet Equinox EV, Blazer EV, Trailblazer, Bolt Jeep Grand Cherokee 4xe, Wagoneer, Grand Wagoneer, Chrysler Airflow Graphite Concept Ram 1500 REV Ford Escape, Explorer Volkswagen ID. Buzz, ID.4 Toyota Tundra, Lexus RZ Nissan Ariya, Honda, Subaru P...

Market & Tech Reports  Updated at: 2023/05/01

site Manufacturing site Manufacturing site R&D facility Manufacturing site Portugal Manufacturing site Manufacturing site Romania Manufacturing site Manufacturing site Manufacturing site Russia Manufacturing site Manufacturing site Serbia Manufacturing site Manufacturing site Slovakia Manufacturing site R&D facility Manufacturing site Manufacturing site Slovenia Manufacturing site Spain Manufacturing site Manufacturing s...

Market & Tech Reports  Updated at: 2023/04/27

Hyundai to sell 1.87 million EVs a year by 2030 Enhancing software for connectivity and autonomous driving, developing fuel cell commercial vehicles Summary Hyundai: Introducing 17 new EV models by 2030 Hyundai’s new EV model launch plan: New Kona, Ioniq 7, and Genesis GV90 to be released in 2023 Kia to sell 1.2 million battery EVs annually by 2030 Kia’s new EV model launch plan: Introducing EV dedicated models including EV9, EV7, and EV4 SUV...

Market & Tech Reports  Updated at: 2023/03/17

tsourced production) Skellefteå Plant(Sweden) 2023 40GWh High spec cell In-house production Northvolt Salzgitter factory (Lower Saxony) 2025 40GWh For volume segments In-house production Undisclosed Sagunto Plant(Spain) 2026 40GWh Shared with SEAT In-house production Undisclosed Poland, Slovakia, Czech Republic 2027 - In-house production Undisclosed Fifth Megafactory 2030 - In-house production Undisclosed 6th Megafactory 2030 - Un...

Market & Tech Reports  Updated at: 2022/11/11

igh-end electric off-road brand. In addition, it is developing its passenger car business through joint ventures with foreign companies such as Nissan, Honda, and Stellantis. In recent years, the dissolution of Dongfeng Renault, the bankruptcy of Dongfeng Yulon, and the withdrawal of Dongfeng Yueda Kia have accelerated the separation of underperforming joint ventures, and the company continues to reorganize its subsidiaries.  During the period o...

Market & Tech Reports  Updated at: 2022/09/01

ng site R&D facility Manufacturing site Portugal Manufacturing site Manufacturing site Romania Manufacturing site Manufacturing site Manufacturing site Russia Manufacturing site Manufacturing site Manufacturing site Manufacturing site Serbia Manufacturing site Manufacturing site Slovakia Manufacturing site Manufacturing site Manufacturing site R&D facility Slovenia Manufacturing site Spain Manufacturing site Manufacturing...

Market & Tech Reports  Updated at: 2022/06/30