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Chinese Market Q1 2025
It promotes making automobiles and other large durable consumer goods “green” and “intelligent”. The Action Plan will expand automobile consumption and develop a pilot project to reform automobile distribution. It will expand consumption in the aftermarket, including vehicle customization, leasing, racing, and overnight stays in campers. Automobile-related consumption will be shifted from “purchase management" to "usage management”. ...
Market & Tech Reports Updated at: 2025/04/24
Bharat Mobility Global Expo 2025: Luxury Cars, and New Technologies
up a state-of-the-art EV manufacturing facility in Chakan, Pune, India. It has an annual production capacity of 30,000 vehicles. Recently, it received the first Automotive Research Association of India (ARAI) certification for its vehicles. Gensol has also launched the "Let’sEV" initiative, a leasing program aimed at making electric vehicles more accessible to businesses and consumers. It is managed by its subsidiary, Gensol EV Lease Privat...
Market & Tech Reports Updated at: 2025/02/27
CTI Symposium 2024: Transition towards Sustainable Mobility
uction and minimizing unnecessary resource consumption. In Shanghai, where swap stations are widely available, customers tend to choose smaller batteries. Battery-as-a-Service (BaaS): By separating the battery cost from the vehicle purchase, the initial cost can be reduced. For example, in Germany, leasing a 100kWh battery saves about EUR 21,000 at the time of purchase, with a monthly fee of EUR 289, making EVs more accessible. Battery Health Mon...
Market & Tech Reports Updated at: 2025/02/12
Chinese Market Q4 2024
NEVs among official vehicles procured annually will be at least 30%. In principle, NEVs will be procured for official vehicles with fixed driving routes, specific usage scenarios, or that require confidentiality of communications as they mainly travel in urban areas. When procuring vehicles through leasing, priority shall be given to procuring NEVs. Implementation plan to accelerate the use of clean, low-carbon hydrogen in the industrial sector...
Market & Tech Reports Updated at: 2025/01/28
ReVision AD, ADAS & SDV Summit 2024
ision, Nissan Motor Co., Ltd. Changing business models The business model for automobiles has changed from a one-time sale of cars by dealers (flow model) to a post-sales service including regular maintenance (stock model), to a circular relationship between users and OEMs (subscriptions, car leasing, app sales, etc.), and to one that provides customer life value (recurring model). Going forward, Nissan will move on to creating new reven...
Market & Tech Reports Updated at: 2024/11/11
Automotive World 2024 Autumn: Electrification-related Technologies
ting sales in Japan. Apatech Motors is planning to build a plant in Okuma, Fukushima Prefecture, and is calling the vehicles assembled there “Ohkuma”. The sales price is JPY 1.99 million (excluding tax), but it is not available for general sales and is instead available in a B2B subscription (leasing) service for JPY 49,900 (excluding tax) per month. China's latest BEV special exhibition corner: The Neta Aya and Ohkuma TX200 Rear of ...
Market & Tech Reports Updated at: 2024/09/30
Honda: Investing JPY 10 trillion in EVs and software by 2030
ping new mobility services that reduce the total cost of ownership (TCO) for EV users and a new electricity business that makes long-term use of EV batteries. Starting with the new mini commercial EV "N-VAN e:" that Honda plans to release in October 2024, the two companies will begin selling new leasing products in collaboration with their affiliated leasing companies. When leasing a vehicle, ALTNA retains ownership of the battery and monitors...
Market & Tech Reports Updated at: 2024/08/23
GlobalData European Passenger Car Sales Update (July 2024)
rong result in June was hard to replicate as much of the Ecobonus funds had been exhausted shortly after it was implemented. The French PV market registered 126k units in July, a 2.3% decline YoY. The selling rate grew slightly to 1.65 mn units/year. The ending of EV incentives like the 2024 social leasing program and limitations to the eco-bonus likely brought sales forward and the market is currently somewhat subdued. The UK PV market registe...
Market & Tech Reports Updated at: 2024/08/08
Renault Group: "Ampere" Launched, Plans to Sell 1 Million EVs by 2031
EV owners are expected to buy from a dealership, leveraging Renault Group's network of 4,700 dealerships across Europe and 30,000 EV-trained staff. Ampere can take full advantage of the value chain that the Renault Group has built. In addition, "Mobilize" will support the company with financing, leasing, subscriptions, insurance, and energy services including charging, while "The Future is Neutral" will support circular economy initiatives suc...
Market & Tech Reports Updated at: 2024/07/12
GlobalData European Passenger Car Sales Update (June 2024)
elling rate remained broadly the same as last month at 1 mn units/year. Purchases by rental companies continue to uplift the PV market as the rental channel was up 15.4% in June. France continues to see weak registration figures — headwinds to the market this year include the ending of the social leasing program and restrictions on BEV subsidies related to origin. The French PV market registered 182k units in June, a 4.8% decline YoY. France ha...
Market & Tech Reports Updated at: 2024/07/10
2024 China Commercial Vehicle Forum: Commercial Vehicle Trends
of customer value, the aftermarket business is sure to become a new driving force for profit growth. The development of NEVs has also brought about several new business models, including battery charging/swapping and hydrogen filling services; separation of the vehicle body and battery and battery leasing; vehicle leasing; and reuse and dismantling of drive batteries. Global commercial vehicle distribution and Chinese-product market share ...
Market & Tech Reports Updated at: 2024/04/30
Level 4 Autonomous Driving for Heavy-duty Trucks on Expressways
nsporting the goods from the warehouse to the retail store. In particular, in unmanned operations, the logistics providers themselves must understand: The state of relay areas (SA/PA use, logistics bases (company-only, joint use, etc.)) How autonomous vehicles will be used (ownership (including leasing), outsourcing to specialized trunk line transport companies) It is necessary for all players to be deeply involved in consideration of suc...
Market & Tech Reports Updated at: 2024/04/17
2024 China EV100 Forum: Development Trends of Intelligent EVs
large scale. Energy eco-system GAC Group plans to invest CNY 80-100 billion by 2025 in the development of a new energy industrial chain. This includes lithium mining, basic lithium battery raw material production, battery production, energy storage and battery charging/swapping services, battery leasing, and battery recovery and cascade utilization. GAC Energy Technology Co., Ltd. (GAC Energy) announced a plan to build 10,000 charging statio...
Market & Tech Reports Updated at: 2024/04/16
NIO Battery Swap Stations
ency regulation. Swapping supports the handling of clean energy such as wind and solar power on the power grid. (Source: Created by MarkLines based on the presentation content) According to NIO, since the introduction of more than 1,000 battery exchange stations and flexible battery upgrades (leasing 100kWh batteries at CNY 50/day), there has been a marked trend of users choosing the standard range version of the battery pack. Conversely, t...
Market & Tech Reports Updated at: 2024/01/23
Indian OEMs Investment and Future Plans (1)
sidiary Tata Passenger Electric Mobility Limited (TPEML) will invest in new machinery and equipment. It will have an installed capacity of 300 thousand units per annum, which would be scalable to more than 420 thousand units. FIPL will continue to operate its powertrain manufacturing facility by leasing back the land and buildings of the powertrain manufacturing plant from TPEML on mutually agreed terms. The plant is expected to be operational...
Market & Tech Reports Updated at: 2023/12/28
Charging Infrastructure in China (Part 2)
1,000V) Rising Auto is accelerating the construction of battery swap stations (batteries can be exchanged in 2.5 minutes) jointly with China Petroleum & Chemical Corporation (Sinopec), China National Petroleum Corporation (CNPC), Contemporary Amperex Technology Co., Ltd. (CATL), and a battery leasing joint venture company, Shanghai Jieneng Zhidian New Energy Technology Co., Ltd. (ENERGIEX, ownership proportions: SAIC Group 37.5%, Sinopec 25...
Market & Tech Reports Updated at: 2023/10/05
FAW: NEV Sales to Reach 1.45 Million Units in 2025
ang, Hebei Province. The registered capital is CNY 90 million. FAW Jiefang and Contemporary Amperex Technology Co., Ltd. (CATL) will each invest CNY 500 million in the company and hold shares. The company will focus on aftermarket operations for NEVs, providing battery replacement services, vehicle leasing, contracted transportation services, and used vehicle and battery recycling services. They will also jointly build an NEV commercial vehicle o...
Market & Tech Reports Updated at: 2023/09/13
Hydrogen Engines - Practical examples and development status
injectors and an ECU (controller), and modification is considered relatively easy. For hydrogen use in automobiles, fuel cells will be used. (4) Ford (Ford Motor Company) Ford's hydrogen engine development began in 1997, and after several prototypes, the H2ICE project was launched in 2006 for leasing a large number of vehicles. The vehicle and engine specifications are shown in the following table. Model name(Application) Fuel system Dis...
Market & Tech Reports Updated at: 2023/08/03
Auto Shanghai 2023: Geely Group
n Sweden and the Netherlands in 2023. The company then plans to expand its scope and enter a large portion of Western Europe by 2026. Services: One-stop services in Europe. The main contents are as follows: (1) ZEEKR Finance: Provides a wide variety of financial options to individual users and auto leasing customers. (2) ZEEKR Power: Provides all charging and energy-related solutions in Europe. (3) ZEEKR Connect: Continuous updating of products i...
Market & Tech Reports Updated at: 2023/05/25
Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng
(PSS) will be installed at 20 quick charging stations of EnBW's charging service "HyperNetz". Battery swap stations will be installed in areas such as Herreshausen (Hesse) and Großburgwedel (Lower Saxony). Strategic alliance NIO signed an agreement with LeasePlan Corporation N.V., an automobile leasing and fleet management company, in December 2022. They will develop subscription and leasing services. Establishment of Innovation Center An I...
Market & Tech Reports Updated at: 2023/04/05