acturers in various countries is also believed to be a contributing factor. Italy saw a significant increase of 68.8% y/y to 47,000 units, mainly due to the rise in HEV sales. Sales of HEV models such as the Toyota Aygo X and Renault Clio increased, as did the HEV version of the VW T-Roc, which was launched in January. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the rele...

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

th relatively low power consumption compared to Nvidia GPUs – especially for the automotive sector. Qualcomm also announced collaborations in the field of Advanced Driver Assistance Systems (ADAS) with the suppliers ZF and Hyundai Mobis, as well as its role as the “primary tech provider for the launch of the zonal SDV architecture” at the Volkswagen Group, with Rivian playing a key role here. FIGURE 1The demo platform based on Renesas’...

Market & Tech Reports  Updated at: 2026/03/26

sing, but this report focuses on traditional brake control systems such as Antilock Brake System (ABS) and Electronic Stability Control (ESC). Historically, ABS, a wheel lock prevention system, was introduced first, and then TCS (Traction Control System) was introduced to regulate wheel slip during launch and acceleration as a complement to the ABS (anti-lock brake system) function. Furthermore, by installing ESC that dynamically controls in the ...

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

Japanese OEMs' BEV Sales in China Recover Toyota bZ3X, Nissan N7: Local-spec equipment and prices improve competitiveness Summary Japanese BEV models doing well in the Chinese market Toyota bZ3X (C-segment SUV BEV) Nissan N7 (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 C...

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

nected car industry is steadily shifting towards compliance-based, high-quality development.   In 2020, China formulated the New Energy Vehicle Industry Development Plan (2021-2035). Since then, a series of industrial policies related to intelligent connected cars and automotive software have been launched, taking into consideration industry management and safety standards. Below is a summary of relevant policies for the period 2023-2025. The ...

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

rs make it clear that BEVs alone cannot deliver global decarbonization; multiple technologies must be deployed in parallel. Horse Powertrain’s Technology Strategy   Horse Powertrain operates as a global, powertrain-focused supplier capable of rapidly delivering regionally optimized solutions. At launch in 2023, the company had a scale of approximately €15 billion, with around 19,000 employees, five R&D centers, and 17 manufacturing facilitie...

Market & Tech Reports  Updated at: 2026/03/06

ng lots, strengthening battery safety standards, and tightening emission regulations for internal combustion engine (ICE) vehicles, and other complementary policy reforms. The proposal is expected to be submitted to the Thai National Electric Vehicle Policy Committee after the new administration is launched.   Regarding the Thai auto market in 2026, Toyota expects the market to grow moderately and generally stabilize due to policies, the introdu...

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

he stack was developed with Qualcomm's data and simulation factory, which combines real-world data with synthetic data and simulations to create testing scenarios.  In October 2025, the BMW iX3 received approval under UN Regulation No. 171 for Driver Control Assistance Systems (DCAS), enabling the launch of the Motorway Assistant driver assistance system across various countries. Through Snapdragon Ride Pilot, Motorway Assistant is capable of up...

Market & Tech Reports  Updated at: 2026/02/20

cording to CAMPI, combined CAMPI-TMA member vehicle sales are expected to rise about 2% in 2026, with total industry sales (including non-members) projected to exceed 500,000 units, driven mainly by demand for electrified and commercial vehicles. Passenger car demand is seen recovering on new model launches, while CAMPI continues to push programs such as CARS, RACE, and EVIS to sustain manufacturing competitiveness. Vietnam   According to the Vi...

Market & Tech Reports  Updated at: 2026/02/20

bsidy), the Chinese automobile market continued to maintain positive growth in 2025.   Chinese manufacturers maintained their excellent performance, with sales volume up 16.8% y/y to 21.117 million units and a market share of over 70%. BYD grew 6.9% y/y to 4.545 million units, with the Sealion 06, launched in July 2025 in the Ocean series, topping 160,000 units, and the Seagull, the highest volume model, at 530,000 units sold. Geely, with its di...

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

they enjoy economies of scale and are thought to have a relatively high degree of freedom in setting prices. (Reference)    GlobalData Production Forecast: Evolution of Chinese Market, Shift to Sustainable Growth (November 2025)    List of BEV models released in China in 2025 (MarkLines - Model launch forecast - Refined search)    Analysis Reports: Lithium-Ion Battery (Chinese Market) and EV/HV Drive Motor (Chinese Market) Export expansion ...

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

2026. The selling rate fell 17% MoM to 2.75 mn units/year, as 194k units were recorded. Consumer sentiment fell to a near two-year low in January as geopolitical tensions and uncertain trade conditions weighed on households’ willingness to spend. Although the new €3bn EV subsidy scheme formally launched in January, it is retroactive and the application portal will not open until May 2026, potentially limiting any immediate boost to demand. Fi...

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

QCraft Smart Technology Co., Ltd. (QCraft), an autonomous driving technology company, formed a strategic alliance in the field of unmanned logistics to jointly develop a production-level L4 delivery vehicle. On December 24, Chery CV announced a sales target of 150,000 units for 2026 as well as the launch of 21 new models. SAIC   On October 22, SAIC Group established SAIC Qianxing Automotive Technology (Shanghai) Co., Ltd. (capitalized at CNY 20...

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

-Benz, and Afeela. It will also cover infotainment solutions showcased by suppliers including Aumovio, LG Electronics, QNX, Pioneer, and Amazon. BMW iX3 electric compact SUV featuring BMW Panoramic iDrive   BMW's CES 2026 exhibit focused entirely on the electric 2027 BMW iX3, which is scheduled to launch in Europe in spring 2026 and in the U.S. in summer 2026. The iX3 is the debut model for BMW's Neue Klasse platform and Panoramic iDrive which p...

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

erefore unlikely. The current pullback is a rational correction and will not undermine the market’s underlying growth momentum. As scrappage and renewal subsidies will extend to 2026, tax exemptions on the purchase of NEVs, the continuous attention of the market to auto price adjustments, and the launch of new models, have all heightened consumer interest. On December 30, the Ministry of Finance, the Ministry of Commerce and six other ministrie...

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

years, following several years of decline after the COVID-19 pandemic. The production volumes are also reaching pre-COVID-19-year sales, indicating that the worst of the decline is now over. In the last ten years, the production has grown at a CAGR of 2.6%. The pent-up demand after Covid, new model launches, the emergence of electric mobility, favourable policies, and increased exports are a few of the reasons behind the increase in production of...

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

ence strategy, the "Dubhe Plan," one of the company's innovation and entrepreneurship plans, as a key focus at the conference. In the Dubhe Plan 1.0 phase, Changan became the first batch of company in China to conduct L3 intelligent connected car testing. In the 2.0 phase, the company announced the launch of its smart brand, SDA Intelligence, which provides solutions for driver assistance, cockpits, and chassis. Over the next two to three years, ...

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

ar… Win a Car” campaign. Thailand 2025 Motor Expo’s entrance Thailand 2025 Motor Expo’s venue Mitsubishi Motors’ press stage   Mitsubishi Motors presented its range of vehicles under the theme “So, Inspire. Drive Everywhere.”   Since its early 2025 local launch, nearly 7,000 units of the all-new Mitsubishi XFORCE HEV have been sold. Featuring the “Xperience the Force” vision, it comes equipped with...

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

o BYD model categorization changes.   The Tesla Model Y topped the list with 121,000 units. The Model 3 followed with 49,000 units, with Tesla taking the top two spots. In third place was the Xiaomi YU7 with 39,000 units. The Geely Xingyuan was in fourth place at 38,000 units. The FangChengBao 7, launched in September, ranked fifth for the first time with 34,000 units.   In China, sales volumes fell, particularly for low-priced models, due to ...

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

, BYD may shift to production in Europe. The company already manufactures buses in Hungary and could consider local truck production in the future based on market scale and regulatory requirements. Q4: Will BYD trucks support MCS (Megawatt Charging System)? A4: Yes. The 4×2 tractor scheduled for launch next year is expected to support MCS. Existing models already support DC fast charging of up to 400 kW as well as AC charging, offering a wide ...

Market & Tech Reports  Updated at: 2026/01/22