d development by Toyota China Four major local development policies GAC Toyota's vehicle development technology path and current approach to AI-equipped products Partnerships with Huawei, Momenta, and Xiaomi bZ7  Toyota China (Toyota Motor (China) Investment Co., Ltd.) is accelerating its localization and intelligence strategies, outlining its development direction as Strengthening the market presence of both gasoline and electric vehic...

Market & Tech Reports  Updated at: 2025/07/22

axis are equipped with three long range 4D radars at the front, back and front left corner side.   Pony AI also uses two other types of sensors, a high-accuracy global navigation satellite system (GNSS) and inertial measurement units (IMU). These sensors work together with high-definition maps and localization module to ensure accurate positioning of its autonomous vehicles.   Remote assistance: Pony AI uses a cost-effective and scalable remote...

Market & Tech Reports  Updated at: 2025/07/03

n Europe and the U.S., many Japanese suppliers have formed joint ventures or alliances with major competitors such as Faurecia (FORVIA) of France, Tenneco of the U.S., and Eberspaecher of Germany. Since the late-1980s, suppliers have proactively increased their overseas footprint as they follow the localization efforts of their OEM customer base, which was led by localization in the U.S. From 2000 onwards, each company began full-scale expansion ...

Market & Tech Reports  Updated at: 2025/06/19

“911 Spirit 70” and China premiere of the “911 GT3” Exclusive logo for the new AUDI brand   With its vision of becoming a global automotive technology pioneer by 2035, the VW Group continues to focus on technology development for its customers, accelerating its "In China, For China" localization strategy and rebuilding its R&D structure in China. Product development cycles have been shortened by 30% and costs reduced by 40%. The...

Market & Tech Reports  Updated at: 2025/06/11

ning System on Chips) from SiMa.ai, each providing up to 50 TOPS. Safety and redundancy: including a companion ASIL D safety controller and supports hot standby redundancy. Operating system running on Linux/QNX OS with ROS2 middleware. Functions: Provides a 360-degree environment model, ego vehicle localization, path planning, and motion control Automotive Ethernet BaseT1 100BASE-T1 Ethernet providing 100 Mbps communication speeds over a singl...

Market & Tech Reports  Updated at: 2025/05/16

hanghai). April 23 and 24 were press days, April 25-26 were trader days, and April 27-May 2 were days open to the general public. Nearly 1,000 companies from 26 countries and regions exhibited, and more than 100 all-new models were unveiled for the first time.   Japanese automakers are emphasizing localization in the increasingly competitive Chinese market and shortening the time from development to market launch. Toyota held the world premieres...

Market & Tech Reports  Updated at: 2025/05/07

ales in 2025 and beyond due to additional tariffs, predicting a 6.6% y/y decline to approximately 14.9 million units in 2025 and 14.5 million units in 2026. Higher vehicle prices due to tariffs are expected to lead to a decline in sales, including EVs. A recovery is expected in the long term due to localization of production and changes in consumer expectations, but it will not reach the levels seen before the tariffs were announced. The forecast...

Market & Tech Reports  Updated at: 2025/04/25

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 joint venture produces passive safety products such...

Market & Tech Reports  Updated at: 2025/04/24

th a 6-speed automatic or manual transmission, delivering 85 kW of power and 178 Nm of torque. The vehicle has achieved a full 5-star rating in the Bharat NCAP crash test and comes equipped with over 25 active and passive safety features as standard. The vehicle is manufactured with a high level of localization.   Vision 7S Concept Vision 7S Concept   Vision 7S, a futuristic seven-seater concept car, highlighted Škoda's vision towards...

Market & Tech Reports  Updated at: 2025/02/27

concept vehicle to make world premiere in Philippines (October 2, 2024) https://www.marklines.com/en/news/315453 Philippines’ first advanced lithium iron phosphate batteries plant in Tarlac inaugurated (October 2, 2024) https://www.marklines.com/en/news/315452   Vietnam VinFast aims to increase localization rate from 60% to 84% by 2026; Strategies revealed (December 16, 2024) https://www.marklines.com/en/news/319182 VinFast commences new EV p...

Market & Tech Reports  Updated at: 2025/02/25

yundai Zone.   In its pavilion, HMIL displayed CRETA Electric, IONIQ 9, STARIA, and more. Additionally, HMIL unveiled concept models of an advanced electric three-wheeler and a micro four-wheeler. It is a collaboration with TVS Motors for the development of these solutions. HMIL also announced its localization plans and the commencement of battery assembly at its Chennai plant. Hyundai STARIA Creta Flex-Fuel concept   Launch of CRETA ...

Market & Tech Reports  Updated at: 2025/02/13

re (Source: Created by MarkLines based on presentation content)   Issues and challenges facing China's automotive software   In China's automotive software development process, the demand and supply sides face different issues and challenges, limiting the overall growth of the industry and the localization process. "Bottleneck" challenges due to uncertainties of the international environment and technology monopolies by "monopoly companies" ...

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

f Heavy Industries, Government of India, approved a scheme aimed at promoting India as a manufacturing hub for e-vehicles with the latest technology.Under the scheme, companies must invest at least USD 500 million and set up manufacturing facilities within three years, with targets to achieve a 25% localization level (DVA) by the third year and 50% by the fifth year.   The scheme also imposes a 15% customs duty on Completely Knocked Down (CKD) u...

Market & Tech Reports  Updated at: 2024/12/23

4, Lets Go Taxi, an Android application that offers mini electric taxi booking services, and TMT Motors, Wuling’s sole distributor in Vietnam, signed an agreement. Lets Go Taxi purchased 1,000 Wuling electric vehicles (600 Wuling Hongguang Mini EVs and 400 Wuling Bingo EVs). India Strengthening localization In July 2024, MG Motor India announced that it would continue to focus on strengthening R&D and that it will expand its production scope ...

Market & Tech Reports  Updated at: 2024/12/20

nd infotainment systems, but also more advanced technologies such as head-up displays (HUDs) and domain control systems. The HUD market is expected to reach CNY 12 billion in 2024. This indicates growing consumer demand for driving safety and a sense of technology. As for domain controllers, market localization is progressing rapidly. Local Chinese companies such as Desay SV are also gradually expanding their market share, further promoting the d...

Market & Tech Reports  Updated at: 2024/12/19

everages its ADAS technology with its FSD platform. AI technology became increasingly important, and Tesla used the dominant AI approach which is often called modular AI or sometimes called Four Pillars. The four pillars refer to the four main electronics systems in the AV architecture: Perception, Localization, Planning and Vehicle control. Each of these four systems are based on separate neural network models that are connected in a self-drivin...

Market & Tech Reports  Updated at: 2024/11/25

ommands Image recognition Driver condition awareness: Monitors fatigue and alertness FACE ID: Personal settings, number of people, age Motion recognition: Gaze recognition, gesture tracking Speech and image recognition Lip reading recognition: Fixed support of person speaking Sound source localization: Fixing the position of the person speaking Sensing the "car" Vehicle status sensing Vehicle status (position, speed), battery and fuel...

Market & Tech Reports  Updated at: 2024/11/08

  Tork Motors has set up its manufacturing facility within the Bharat Forge plant in Pune. It has a production capacity of 60,000 units annually, with the potential to expand up to 100,000 units per year. The facility also assembles batteries and motors. Overall, Tork Motors achieved around 95% localization.   Tork Motors has developed high-performance powertrain technologies for automotive applications. It is amongst the very few manufactur...

Market & Tech Reports  Updated at: 2024/10/16

s annual general meeting held on September 10, the Society of Indian Automobile Manufacturers (SIAM) announced the results of an exchange of views between industry leaders and policymakers on the "Global Leadership in Sustainable Mobility" strategy. The event focused on India's plans for aggressive localization, reducing imports by 16-20% by 2027, and positioning India among the top five low-cost manufacturers globally.   On September 11, the In...

Market & Tech Reports  Updated at: 2024/09/27

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: 2024/09/27