Auto China 2026: Japanese and Korean OEMs Nissan, Toyota, Honda, Mazda, and Hyundai electrified vehicles Summary Nissan: World premiere of two new PHEV concept cars Toyota: Leveraging technologies from Huawei, Momenta, and others to accelerate localization at China speed Honda: Promoting the Honda brand across a wide range of products, including motorcycles Mazda: Unveils Year of the Horse Edition of its second NEV model, the EZ-60 Hyundai: IONIQ...

Market & Tech Reports  Updated at: 2026/05/14

stration test of L3 compliant vehicles, while Changan has obtained a test license for its L4 Robotaxi. Regarding solid-state and sodium-ion batteries, automakers such as BYD, Chery, Changan, and BAIC are accelerating their R&D and industrialization plans.   Non-Chinese OEMs continue to promote the localization of New Energy Vehicles (NEVs) and intelligentization. VW, Mercedes-Benz, Toyota, GM and others are accelerating the implementation of hig...

Market & Tech Reports  Updated at: 2026/05/11

ving ground. Effective January 1, 2022, the three companies in Japan - ZF Japan, ZF Automotive Japan, and ZF Aftermarket Japan - merged as "ZF Japan Co., Ltd." In December 2021, ZF Rane Automotive India, a joint venture with India's Rane Group, announced that it will accelerate the introduction and localization of new technologies and new products based on the "Refresh India" strategy of ZF. The JV produces passive safety products such as airbags...

Market & Tech Reports  Updated at: 2026/05/07

Ministry of Transport (MoT) is responsible for vehicle type approval. In addition to the MoT, the Ministry of Public Security (MoPS) is involved in regulating autonomous vehicles from the perspectives of public security, cybersecurity, and public safety. Cybersecurity   Services that perform data localization (such as vehicle data, location information, account data, and communication logs) may be subject to the Cybersecurity Act (2018). Decree...

Market & Tech Reports  Updated at: 2026/05/07

n the US and stabilizing market conditions in Asia offsetting declines in Europe, due to low model activity.Hyundai GroupIn Q4 2025, Hyundai Group’s global production declined by 1% YoY to 1.8 mn units, reflecting mixed regional trends. North American output grew by 3% YoY, supported by continued localization and stable demand conditions, while Asia-Pacific build increased by 2% YoY, maintaining overall volume stability. In contrast, European v...

Market & Tech Reports  Updated at: 2026/04/30

a limited “Champagne Pink” edition of just 100 units, while the GAC AION UT now features a sophisticated “Como Black” finish.   GAC also presented its upgraded “Thailand Action 2.0” strategy, positioning Thailand as a future regional export hub through ongoing model launches and deeper localization. The company introduced GAC CARE, its first service brand outside China, offering a lifetime EV powertrain warranty, 24/7 support, and a ...

Market & Tech Reports  Updated at: 2026/04/30

rified vehicle purchases and transitioning to the "EV3.5" policy. Specifically, subsidies and tax incentives are on the decline, and the focus of policy is shifting from supporting the demand side to strengthening supply chains. In this context, Chinese manufacturers will need to further accelerate localization efforts to cope with cost fluctuations. Brands: Japanese OEMs such as Toyota and Honda boast a broad user base and high brand recognition...

Market & Tech Reports  Updated at: 2026/04/22

2026, as well as promote synergies in the joint development and production of powertrains for PHEVs and range-extender EVs. The A10 was released in March 2026(Source: Leapmotor) The D19 is scheduled for release in the first half of 2026 (Source: Leapmotor) Trends in overseas sales and localization   Leapmotor, which has received investment from Stellantis, is the emerging Chinese EV OEM with the highest sales volume outside China. ...

Market & Tech Reports  Updated at: 2026/04/20

Chinese OEMs: Expanding in South America, Shifting to Local Production Market share in Brazil reaches approx. 9%; accelerating plant construction Summary South American market: Sales are recovering and Chinese OEMs are experiencing rapid growth. Brazil: NEVs drive market share expansion from 1% to 9% Accelerating Localization: BYD, GWM, Chery, and Changan   The South American market has been steadily recovering from 2020 to 2025 following the C...

Market & Tech Reports  Updated at: 2026/04/08

fast-charging options. The traction motor technology and other features are also improving. The key components of electric two-wheelers are rapidly localizing. Most of the big OEMs are developing localized, self-reliant supply chains. Government polices like production linked incentive also driving localization. It helps to bring down costs and reduce risks of supply chains. There is an increased awareness about sustainability and the environment...

Market & Tech Reports  Updated at: 2026/04/08

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