converter, the pipe length, branching shape, inner wall condition of the exhaust manifold, and the heat capacity of the exhaust path are also important design items to be tuned in the restricted layout under the vehicle floor.   In addition, stricter regulations are expanding business in the short term for Japanese, European and U.S. catalyst manufacturers, who are leading the way in emissions control measures ahead of Chinese parts manufacturer...

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

Toyota’s Innova Zenix, Yaris Cross, Alphard, and Honda’s CR-V.   From 2024 to the beginning of 2025, a number of auto manufacturers entered the EV market in Indonesia. To enter the Indonesian market, GAC Aion partnered with Indomobil (PT Indomobil Sukses Internasional Tbk), and XPeng signed an agreement with Erajaya Active Lifestyle (T Sinar Eka Selaras Tbk), for strategic collaboration. Geely and smart have reentered the Indonesian market, ...

Market & Tech Reports  Updated at: 2025/06/13

from the previous year. Of this total, the installed capacity of ternary lithium-ion batteries increased by 10% y/y to 139GWh, accounting for 25% of the total. The amount of lithium-ion phosphate batteries installed was up 57% from the previous year to 409GWh, accounting for 75% of the total.   In terms of installation in NEVs, the share of ternary Li-ion batteries decreased significantly, from 61% in 2018 to 25% in 2024. The share of LFP (lithi...

Market & Tech Reports  Updated at: 2025/06/12

h permission of Springer Fachmedien Wiesbaden GmbH.         Fast-charging concepts for battery electric vehicles (BEVs) reduce the time required for charging, which is a decisive factor when it comes to the usability and acceptance of BEVs, especially when drivers need to use their cars for long journeys. Ultra-fast charging, also known as High Power Charging (HPC), begins at a charging power of 150 kW with direct current (DC). Today, HPC...

Market & Tech Reports  Updated at: 2025/06/05

itional 25% tariff on automobiles and auto parts on April 3. With regard to auto parts, relief measures were announced for companies that produce automobiles within the U.S., which came into effect on May 3. As a result of negotiations between the Trump administration and various countries, a trade agreement was concluded between the U.S. and the UK on May 8, under which it was agreed that a 10% tax rate would be applied to the first 100,000 vehi...

Market & Tech Reports  Updated at: 2025/05/26

nding EV production, but EV sales have been slowing down since around mid-2024. Conversely, the demand for hybrid vehicles (HVs) has been expanding. The Thai government decided to implement tax incentives for HVs in July 2024, stating that until the powertrain that will drive the future market is determined, it needs policies that align with global trends rather than focusing solely on BEVs (battery electric vehicles). The government also reduced...

Market & Tech Reports  Updated at: 2025/05/12

chain of the entire automotive industry. In particular, the additional 25% tariff on automobiles and auto parts that took effect on April 3 covers all non-U.S.-made products, and non-U.S. component prices are subject to the tax even if they meet the rules of origin of the USMCA (U.S.-Mexico-Canada Agreement). This will have a major impact not only on foreign OEMs from Japan, Korea, Europe, etc., but also on American automakers with global operat...

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

series models. In addition, many automakers, including SAIC, FAW, Dongfeng, and Changan, are using artificial intelligence startup DeepSeek's large language models.   Global automakers are accelerating the introduction of NEV models, including REEVs (Range Extended Electric Vehicles). Volkswagen, along with FAW, will launch 10 VW and Jetta brand NEV models from 2026 onward. Nissan will release five NEV models with Dongfeng by the end of 2026. Ge...

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

a few remaining models, including Suzuki and Mitsubishi Motors Corporation (Mitsubishi) mini vehicles (trucks and cross-country vehicles) that are used on rough terrain, the lowest grade of Mitsubishi mini vans, and outdated Nissan Motor Co., Ltd. (Nissan) commercial vehicles with 4WD. However, in terms of volume, as shown in Figure 2 below, 28% of ATs are 4-speed, indicating how many Suzuki and OEM-supplied vehicles are sold.   The 8-speed seg...

Market & Tech Reports  Updated at: 2025/04/15

ata: Software Defined Vehicles An Ecosystem Approach NTT Data's overall SDV vision Micware: Hardware-less development environment "CARE-RISU” Denso: Integrated ECU software development strategy   The latest trend in SDV is the need for an ecosystem that transcends industries, and a comprehensive agreement has been signed between NTT Data Group Corporation (NTT Data) and Denso Corporation (Denso). Going forward, it is expected that collaboratio...

Market & Tech Reports  Updated at: 2025/04/09

Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...

Market & Tech Reports  Updated at: 2025/04/07

unch and acceleration as a complement to the ABS function. Furthermore, by installing ESC that dynamically controls in the lateral direction, the behavior in all directions during operation can be optimally controlled. In Europe and the U.S., ABS and ESC are standard equipment. This report uses the term ESC to refer to electronic stability control, which is also referred to by other names, such as as electronic stability program (ESP) or vehicle ...

Market & Tech Reports  Updated at: 2025/03/21

tion with CATL   In November 2024, Changan signed a memorandum of cooperation with Contemporary Amperex Technology Co., Ltd. (CATL) to strengthen their cooperative relationship. Over the next five years, the two companies will deepen their partnership in product promotion, innovation, marketing, aftermarket and overseas market development. In December 2024, Avatr Technology (Chongqing) Co., Ltd. agreed with CATL to strengthen strategic cooperati...

Market & Tech Reports  Updated at: 2025/03/12

Stellantis (1) From a BEV strategy to an xEV strategy Consolidation of more than 20 platforms into 5 types Summary Promoting the long-term plan "Dare Forward 2030", partially revising electrification strategy due to declining demand for EVs. BEV, PHV, and MHV available for major models, consolidating platforms into five types Expanding EV production: Assembling internal combustion engine vehicles, EVs, and PHVs on the same production line Started...

Market & Tech Reports  Updated at: 2025/03/05

n rapidly over the past two to three years, has slowed, and the combined sales share of zero-emission vehicles (battery EVs(BEVs)/plug-in hybrids(PHEVs)/fuel cell vehicles(FCEVs)) was 9.5%, up just 0.3points from the previous year.   As the recognition that the widespread adoption of EVs will take longer than expected, many OEMs, while stating that there is no change in the direction of their electrification strategies, are reviewing their plans...

Market & Tech Reports  Updated at: 2025/02/21

VW Group: Partnership with Rivian and XPeng for SDV Development Production capacity cut by 734,000 units and 35,000 jobs cut in Germany Summary BEV architecture mid-term strategy E/E architecture and software; Partnership with Rivian and X Peng Chinese business: Intelligent Connected Vehicles (ICV) Restructuring of plants in Germany: Production capacity reduction of 734,000 units, employment reduction of 35,000 employees Jan-Sep 2024 results: Pre...

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

chnologies Co., Ltd. (Huawei). The GAC Group has partnered with Huawei and will launch a new luxury intelligent car brand. Chery announced its high-end intelligent driving technology scheme and entered into a strategic partnership with iFLYTEK Corporation. Great Wall Motor also signed a partnership agreement with Huawei to build an intelligent ecosystem. BYD Shenshan Industrial Park On November 19, 2024, BYD signed a contract with the Shenzhen...

Market & Tech Reports  Updated at: 2025/01/28

will abolish the tax deduction (up to USD 7,500) for the purchase of electric vehicles under the Inflation Control Act (IRA), and impose additional tariffs of 25% on Canada and Mexico, which currently have zero tariffs, and 10% on China under certain conditions under the United States-Mexico-Canada Agreement (USMCA).   With the transition to EVs stalling in Europe as well, automakers are reviewing their EV strategies. A change in policy in the U...

Market & Tech Reports  Updated at: 2024/12/27

ebate, the Biden administration has introduced additional measures, including a 100% tariff on Chinese-made EVs and the exclusion of EVs with Chinese-made batteries from U.S. tax credits. President-elect Trump, who is committed to reviving the U.S. auto industry, has announced not only stronger countermeasures against Chinese products, but also a policy of additional tariffs on friendly neighboring countries such as Mexico.   In addition, the cu...

Market & Tech Reports  Updated at: 2024/12/26

ed or were curtailed in Germany and other major countries since the second half of 2023. As a result, some automakers faced manufacturing overcapacity. VW plans to close three plants in Germany, which will lead to a reduction of 30,000 employees. On December 20, 2024, VW and the union announced the agreement. Key measures include avoiding plant closures, a workforce reduction of over 35,000 jobs and a production capacity cut by 734,000 units acro...

Market & Tech Reports  Updated at: 2024/12/25