es are equipped with seating for eight passengers, a 25 kW power range, air conditioning, and an integrated user interface. They are available in both electric and hydrogen-powered versions.   Auve Tech’s flagship models include: Iseauto: The original shuttle tested in Estonia and Finland MiCa: Launched in 2022, widely adopted in Japan, Europe, the Middle East, and the U.S. MiCa 2.0: Released in 2025 with major upgrades in AI-based perception...

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

shareholders. The company has three overseas production sites: China, Mexico, and Malaysia. [Recent Activities] Deliveries of air conditioning systems, powertrain cooling, and battery coolers for the Mazda CX-70 (the third model in Mazda’s “large product” line) began with the vehicle’s launch in February 2024. In February 2023, the company announced that it had begun delivering battery coolers for the Mazda CX-90 PHEV, which was laun...

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

pgraded via OTA (over-the-air) software update technology and the system supports Apple CarPlay as well as Android Auto. Seal 6 DM-i Touring   With this announcement at IAA Mobility, BYD's product lineup in Europe has expanded to 13 models. The Dolphin Surf, a compact pure EV that was launched in May, will be the first model to be produced at the BYD Factory, Szeged Plant in Hungary, which is scheduled to begin operations at the end...

Market & Tech Reports  Updated at: 2025/10/06

ds.   Despite housing a substantial 82 kWh battery, the model maintains a remarkably low curb weight of 1,170 kg, achieved through extensive use of lightweight materials throughout the chassis and body structure. Opel Mokka GSE   The new Mokka GSE celebrated its world debut at the show and was be launched on the market immediately afterwards.   The model is based on the CMP-Plattform (Common Modular Platform) and will be produce in the Stellan...

Market & Tech Reports  Updated at: 2025/10/02

d might lead to a recall. Tesla has been responsible for 86.5% of fatal accidents involving ADAS-equipped vehicles since 2021, and has been found to have engaged in misleading marketing and inadequate explanation of the operational design domain (ODD) . Furthermore , Musk's robotaxi business, which launched in Austin in June , has long been a campaign promise, but its limited operation requires safety drivers and remote monitoring, raising questi...

Market & Tech Reports  Updated at: 2025/10/01

ons will be built into the seats. Since the sound and vibration characteristics of EVs are different from those of engine-equipped cars, interior components and vibration-damping materials will also be developed exclusively for EVs. Toyota Motor Corporation, a major customer of Toyota Boshoku, will launch a next-generation EV in 2026 with a completely revised body structure and production process. Toyota Boshoku will also develop special seats an...

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

expected to remain broadly flat, at 3.59 million units in 2025 and 3.58 million units in 2030. While sluggish sales in China and intensifying competition in the BEV market will hinder growth, steady growth led by HEVs in North America and Japan will provide support.   Honda Motor Co., Ltd. (Honda) launched the two-door sports coupe Prelude in Japan on September 5, 2025. Its powertrain is an evolution of Honda's unique two-motor hybrid system, e:...

Market & Tech Reports  Updated at: 2025/09/26

of attention. BYD   The highest selling model in August was the Qin PLUS with 36,000 units sold. Second place goes to the Sealion 06 with 30,000 units sold, and in third place is the Haibao / Seal 06 at 27,000 units. BYD’s overall sales were down 11.5% y/y to 311,000 units.   On August 14, BYD launched the Seal 5 DM-i Super Hybrid, a PHV mid-size sedan, in Thailand. The model will be produced at the BYD Rayong Plant in Thailand. In August, t...

Market & Tech Reports  Updated at: 2025/09/26

setting the tone for Audi's production models from 2027 onward.   After several years of declining global sales figures, Audi is preparing for a major comeback. Under the leadership of CEO Gernot Döllner, the German premium OEM has unveiled a strategic roadmap focused on renewal—with new model launches, a revamped design philosophy, and a striking electric concept car intended to embody the spirit of the legendary TT.   The Company presente...

Market & Tech Reports  Updated at: 2025/09/22

under the Geely Group.   For the L8 EV, announced in 2024, the company aims for a local procurement rate of 40%. It is manufactured at the plant of PT Handal Indonesia Motor in Purwakarta. Aletra Aero Line L8 EV   VinFast, an automobile manufacturer under the Vingroup of Vietnam, has launched a cab company in Indonesia, GSM (PT XANHSM Green and Smart Mobility Indonesia), and is selling a large number of vehicles. The cab company ha...

Market & Tech Reports  Updated at: 2025/09/19

r than XPeng, Li Auto and NIO, has been difficult.   NIO has been increasing sales of its flagship D-segment SUV models, the ES6 and ES8, but sales have been sluggish due to competition from major brands in the segment's products and markets. The company had been working to expand sales, including launching the new brands "Onvo" and "FireFly" in the second half of 2024, but has only just barely been able to maintain its sales volume.   Li Auto ...

Market & Tech Reports  Updated at: 2025/09/17

y. In the first half of 2025, the company’s sales volume was 6.6 times that of the same period in the previous year, making it the Chinese brand with the sharpest increase in sales.   In addition, many Chinese brands are accelerating their entry into the UK market. In July 2025, Chery officially launched the "Chery" brand in the UK market. For the first time, two SUV models optimized for the UK market were released, with plans to expand sales ...

Market & Tech Reports  Updated at: 2025/09/16

Honda's Electrification Strategy Restructuring of xEV production system and strengthening HEVs Summary 2025 Business Briefing: Realignment of Honda's electrification strategy EVs for the North American market: Cooperation with GM to launch the "Prologue" and "Acura ZDX" NEVs for the Chinese market: Joint development of advanced driver assistance technology with Momenta EVs for the Japanese market: Launch of two N-series light passenger EV models ...

Market & Tech Reports  Updated at: 2025/09/03

Y. However, Q2 showed positive momentum, with April sales up 1.0% YoY, May rising 4.7%, and June rising 5.1% YoY, partly due to a low base in 2024. This three-month growth streak was fueled by strong demand for BEVs, PHEVs, and internal combustion engine (ICE) passenger cars, supported by new model launches and more competitive pricing.   In contrast, pickup truck sales remained subdued, impacted by stricter loan approvals, high household debt,...

Market & Tech Reports  Updated at: 2025/08/28

5,525 Light Motor and passenger vehicles 697 1,475 4,327 11,939 14,122 Three-wheeler 304 2,140 4,229 5,256 8,147 Commercial vehicles 2 59 372 501 1,330 Total 9,687 33,295 95,840 152,660 179,124 (Source: Vahan data base and MarkLines' research)   Karnataka was the first state in India to launch a dedicated Electric Vehicle (EV) policy. During the Invest Karnataka 2025 - Global Investors Meet, the state unveiled the Clean Mobility Polic...

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

asing trend towards BEVs. Also, there is growing interest in EREVs/REEVs (extended range/range extender EVs, counted as PHVs in this report) such as the AITO M8, and it is expected that the number of new EREV models being introduced will increase in the future. Source of model data: MarkLines Model Launch Schedules Models/Refined search Electric powertrain search   The following table shows electric vehicle sales by automaker (major OEMs, Te...

Market & Tech Reports  Updated at: 2025/08/26

e (SBW) with a fail-safe mechanism. This steer-by-wire system uses a clutch to connect the steering wheel to the front axle, and if a fault is detected, the system will mechanically connect as usual. In addition, the safety design includes the use of three ECUs to ensure redundancy. In 2022, Toyota launched a steer-by-wire (SBW) system for the bZ4X and Lexus RZ electric vehicles that physically separates the steering and tires. This is the world'...

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

sia. As reported at the press conference, commercial vehicle sales in 2024 were approximately 220,000 units, and the share of electric vehicles in the commercial vehicle market was only 0.1%. Of these, 67% are light-duty commercial vehicles suitable for electrification, and the company said it will launch products targeting this segment.   As for electric commercial vehicles, Mitsubishi Motors has been producing the Minicab EV, developed based o...

Market & Tech Reports  Updated at: 2025/08/20

nection of in-vehicle systems and smart interaction. SAIC Group's L4 autonomous driving model on display at Momenta's booth at the Auto Shanghai 2025 Globalization renewal: Standardizing exports SAIC Group's overseas expansion consists of the following three phases. 2001: Phase 1.0 was launched. Export of finished vehicles. 2013: Phase 2.0 involved building a KD plant in Thailand for own-brand models, and carrying out local productio...

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

e OS that enable premium video-on-demand, immersive audio and multi-screen coordination   Cinemo Cloud Services, that coordinate content, devices and user profiles in real time and enhance embedded systems with cloud-based updates and streaming capabilities   Looking ahead, Cinemo is preparing to launch new products serving the AI-powered Smart Cockpit, helping deliver seamless, personalized, and safe in-car experiences.   The speaker conclude...

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