automotive industry proposed three priority measures. The first is to ensure the continuation of xEV incentives. The second point is to take measures such as tax incentives and encourage the scrapping of old vehicles to stimulate domestic demand for automobiles. The third point is to strengthen the localization of the supply chain, including preferential policies for domestically produced vehicles and parts. Germany Market share by powertrain ...

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

evelopment in Germany, EPB production began in Germany in 2001 for Lancia, Audi, and Volkswagen, and is now being produced in Europe, North America, and China. In September 2025, ZF localized production of electronic control units (ECUs) for commercial vehicle braking systems in Brazil. With this localization, production at the Limeira plant in São Paulo will be expanded. The plant has produced more than 8 million electronic control units for ...

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

ced vehicles to markets such as Europe, the companies are able to avoid tariff risks and improve their cost competitiveness and flexibility in policy responses in a complex international trade environment. Thailand Monthly Automobile Production by OEM/Brand   Chinese OEMs are implementing localization strategies in response to the Thai government's "30@30" policy (which aims to increase the production ratio of zero-emission vehicles to ...

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

les time, February sales are expected to reach the annual seasonal low, which may help alleviate inventory pressure at the retail end. Meanwhile, with the positive progress in EU-China and Canada-China EV tariff negotiations, NEV exports have extended from "simply selling vehicles" to "supply chain localization". Overall, future export growth is expected to shift from "quantity-driven" high-speed growth to a "quality-driven" leap. - Maker Janu...

Market & Tech Reports  Updated at: 2026/02/13

til H2 2026.Hyundai GroupHyundai Group’s global production is forecast to reach around 7.9 mn units by 2032. Output is expected to remain stable in 2025, before easing slightly in 2026, and then gradually recovering again from 2027, supported by new EV and hybrid launches and continued production localization in Asia-Pacific and North America. Asia-Pacific will remain the core production base, while North America continues to gain share as loca...

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

Motor Expo 2025, GAC AION Thailand showcased its full lineup of NEVs, highlighting intelligent, eco-friendly mobility, the new HYPTEC HT color, and the presence of the autonomous flying vehicle “Govy AirCab.”   In Thailand, GAC positioned itself as a partner advancing local production. With a localization rate reaching 51%, several models are scheduled for production in Thailand. In 2026, GAC plans to introduce hybrid vehicles specifically ...

Market & Tech Reports  Updated at: 2026/01/16

construction. Brazil has incorporated electric vehicles into its energy transition strategy and is attracting investment through tax incentives. Although Chinese companies in the Americas face challenges such as tariffs, lengthy certification procedures, and local production, some have established localization systems and are actively exploring overseas markets. ...

Market & Tech Reports  Updated at: 2025/12/02

s, Maserati, Rolls Royce, Lexus, etc, are finding a growing number of buyers in India.   Most of the OEMs which has a considerable sale in India either have full-scale production facilities or CKD/SKD assembly plants in India. Top players in the Indian market, like BMW and Mercedes, are increasing localization in India.    In 2024, BMW and Mercedes reported their best sales in a year. The top four players in this segment reported high double-d...

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

ed the EV market with the EV version of its popular SUV Creta.  Factors driving EV market expansion Improvement in battery technologies and the range of EVs Availability of new models and aggressive marketing of EVs by OEMs The government pushes for clean mobility and tax incentives  The growing localization of e-mobility components helps to reduce the cost of vehicles Favourable policies for the adoption of electric mobility in India Higher f...

Market & Tech Reports  Updated at: 2025/11/19

platform: Providing customers with series solutions:EPS steering function software development, hardware design changes, and adjustment of motor control parameters to optimize steering feel and develop advanced NVH functions. Satisfying functional safety needs in many application scenarios:Promote localization of the production of critical electronic components and provide various hardware redundancy schemes such as 700FIT (Failures in Time, num...

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

fleet of robotaxis and operation and maintenance facilities. Among the emerging companies, XPeng and Li Auto have strengthened their AI research and development, and Xiaomi has open-sourced a large-scale model of speech recognition it developed in-house.   Major foreign OEMs are actively promoting localization and strengthening partnerships with Chinese technology companies. Volkswagen and XPeng are expanding their partnership in E/E architectur...

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

The Battery Show North America 2025 – Electric & Hybrid Vehicle Technology Expo New technologies tempered with localization and market diversification concerns Summary Magna, Eberspaecher, Freudenberg aim to improve costs and safety with new systems Schaeffler, Amprius, FastLion, Lyten show new battery pack and cell technologies Suppliers highlight current and future U.S. plants and operations Battery manufacturers diversify outside of automoti...

Market & Tech Reports  Updated at: 2025/11/07

he lack of tax credits. On a positive note, interest rates are likely to be lowered, providing relief for those financing their vehicle purchases. Beyond 2026, growth is expected to be slow in the medium term but should eventually creep up toward a peak of 16.7 mn units in the mid-2030s, as greater localization of production helps to alleviate tariff impacts.IndiaIn comparison to our previous report, we have raised our 2025 and 2026 sales project...

Market & Tech Reports  Updated at: 2025/10/29

The S07 is equipped with over 150 local features and has been awarded five stars by Euro NCAP (New Car Assessment Program). It is already available in Norway and Germany and has been announced in the UK. Deepal S07   The Hongqi brand of China FAW Group Corp., Ltd. (FAW) is focusing on localization in the European market. The company plans to release 15 models of A-Class through E-Class products by 2028, including BEVs and HVs, left-...

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

ards a resilient supply chain.  The MD & CEO, Maruti Suzuki India Ltd, stated that at present, 30% of India's auto component exports go to the US, which poses risks for the industry, though the government is actively working on solutions. With the world's largest working-age population and growing localization in EVs and hybrid battery production, India has the potential to lead globally. By investing in R&D, nurturing talent, and building world...

Market & Tech Reports  Updated at: 2025/10/09

ications. Photographs have revealed that the rear housing of the Tesla robotaxis has been enlarged, and an additional communication unit has been installed in addition to the standard communication unit. The additional communication unit acts as service hardware and appears to include functions for localization redundancy and remote operation. It is believed that the additional communication unit transmits real-time data from six cameras to an op...

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

nd usage scenarios. Naxtra integrated start/stop battery for 24V heavy-duty trucks Freevoy Dual Power Battery European strategy   CATL has invested more than EUR 11 billion in Europe and is working with more than 200 automakers worldwide and over 1,000 European suppliers to promote the localization of battery technology. Mr. Libin TAN, CCO of Global Operations, stated that the company is moving from "in Europe, for Europe" to "of Eur...

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

re and grew by 10.5% and 422.0%, respectively, y/y. BYD is rapidly expanding its investment in the European market. The company has established its European headquarters in Hungary and has begun construction of a plant, while also carrying out several research and development projects to accelerate localization. Note: Production and sales figures in this report are based on MarkLines data.   The sales volume of Chinese manufacturers in the Europ...

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

vehicle intelligence.  In terms of developing a global industrial chain, Great Wall Motor already has a presence in over 170 countries and regions in Europe, the Middle East, South America, the Asia-Pacific region, Africa, and other areas. The company has established all processes and systems for localization, including investigative research, planning, R&D, production, and evaluation. Going forward, GWM will further focus on the integration of...

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

id In June 2025, a stand-alone gigawatt-level grid-connected energy storage plant with a total investment of CNY 4 billion as well as major related projects will be based in Lingang, Shanghai. The first phase of the project is scheduled to be completed and put into operation in 2025. Supply chain localization It was announced in May 2025 that more than 95% of the parts for the Model 3 and the minor-changed Model Y, which are produced at the Tes...

Market & Tech Reports  Updated at: 2025/08/01