tween the U.S. and China.   This report is the second part in our series on Mexico (Part 1 published in April 2025), summarizing the production and export situation of major OEMs and the latest activities of companies in response to the U.S. tariff policy.    Reflecting confidence in Mexico as a manufacturing center, total foreign direct investment in Mexico in 2024 reached a record high of USD 36.87 billion. In particular, direct investment r...

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

ons.   PHINIA was formed as a separate publicly traded company after BorgWarner spun off its Fuel Systems and Aftermarket segments in July 2023. The spin-off allowed BorgWarner to focus on electrification while PHINIA continued its work in combustion-related technologies.   With over 100 years of manufacturing expertise and industry relationships, it covers a strong brand portfolio that includes Delphi, Delco Remy® and Hartridge.   PHINIA is ...

Market & Tech Reports  Updated at: 2025/07/08

Analysis Report: Thermal Management of BEV Batteries (Europe, U.S. and China Markets) Searching for battery cooling methods to reduce costs List of Suppliers Introduction I. Overview and trends of thermal management methods II. Thermal management major functional parts sourcing map III. Overview and trends of major component suppliers IV. Installation status of major functional parts by model Valeo Mahle Behr Hanon Systems Modine Manufacturi...

Market & Tech Reports  Updated at: 2025/07/08

e-Axle by 20% because the inverter is installed in the transaxle case rather than being a separate component. While standardizing core components, it is possible to customize the number of the power modules and the size of the power semiconductors, thereby reducing dedicated investment and lowering costs.   The type of power device is not disclosed, either silicon or SiC, but the company claims to have reduced losses by 7%.   The e-Axle with in...

Market & Tech Reports  Updated at: 2025/06/26

roduction technology Summary Special Exhibit: FCEV Crown, fuel cell module, hydrogen engine (Toyota) Hydrogen-related components, electrification components (FTS, Kyoho Machine Works) Various technologies contributing to carbon neutrality (Aisin, Kojima Industries) Lightweight technology, component manufacturing technology (Toyoda Iron Works, Toyota Boshoku, Sango) Interior component technology, surface treatment technology (Toyoda Iron Works, Ko...

Market & Tech Reports  Updated at: 2025/06/24

Vienna University of Technology, Slide: Copyright © Bosch)   Dr. Heyn explained that this success also applies to the heavy commercial vehicle sector with a rapid increase in BEVs and FCEVs.   When deciding on a drive technology for commercial vehicles, both the purchase price and the running costs for refueling or recharging play an important role.   In China, the introduction of new technologies goes hand in hand with the consideration o...

Market & Tech Reports  Updated at: 2025/06/20

a statement released the same day, EPA Administrator Lee Zeldin asserted that "The U.S. auto industry has been bound by the previous administration's regulations." The EPA explained that the elimination of regulations would reduce the burden on U.S. consumers and be a boon for the domestic auto and manufacturing industries. Emissions regulations: Fleet average for passenger cars (PC), light-duty trucks (LDT), and medium-duty passenger vehicles...

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

said that CMOS has become the standard process in less than seven years. When millimeter-wave radar was commercialized in Europe and Japan in 1999, GaAs (gallium arsenide) devices were used. It then evolved through MMIC (Monolithic Microwave IC) to CMOS, achieving a balance between performance and cost.   Bosch and Arbe Robotics have outsourced chip production to GlobalFoundries Inc. in the U.S. As for radar devices, high-performance versions a...

Market & Tech Reports  Updated at: 2025/06/17

om 2020.   The next generation electric powertrain "X-in-1" has two types: "3-in-1" for EVs, in which the motor, inverter, and reduction gear are modularized. The "5-in-1" model for e-POWER has five modularized parts: motor, inverter, reduction gearbox, generator, and gearbox. The aim is to reduce costs by sharing and modularizing key components between EVs and e-POWER.   The "3-in-1" ePT will be installed in the new "Leaf," and the "5-in-1" wi...

Market & Tech Reports  Updated at: 2025/06/16

e Chinese OEMs. At the same time, sales of HVs amounted to 54,917 units in 2024, 96% of which were the models of Japanese OEMs.   Regarding activities related to EV production, Vietnam’s VinFast as well as China’s BYD and GAC Aion have been building new EV plants in Indonesia and plan to start manufacturing EVs by the end of 2025. PT VKTR Teknologi Mobilitas Tbk (VKTR), a subsidiary of an Indonesian industrial conglomerate, has started the c...

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

y growth slowed somewhat in the first quarter (Q1) due to the Chinese New Year and inventory adjustments at the beginning of the year, the other three quarters, especially Q4, saw rapid increases in installed capacity.   Lithium carbonate prices in 2024 continued to fall, creating room for further cost reductions for NEVs. Lithium carbonate prices fell to CNY 72,250/ton in September, the lowest in three years. Compared to the all-time high of CN...

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

ports   Gigacast* is the name of a technology that uses ultra-large, 6,500 to 8,000 ton aluminum die-casting machines, which are about the size of a single train car, to form ultra-large parts such as automobile frames. It was a newly adopted streamlined process for the Tesla Model Y that enabled cost reduction through weight reduction and the use of fewer parts. Gigacast is becoming more common among Chinese companies, but it has not yet becom...

Market & Tech Reports  Updated at: 2025/06/03

dopted for the rear wheels on C-Segment and above vehicles and for compact passenger cars with engine displacements over 1.5L, which together account for more than half the market. However, drum type brakes are adopted for almost half of all vehicles in the market: mainly mini-vehicles, compact low-cost cars in the B-segment and below, and commercial vehicles due to cost-related factors.   Looking at the trends for each Japanese OEM, Subaru and ...

Market & Tech Reports  Updated at: 2025/05/29

ervices, full-stack AI technology solutions, and more. At this year's motor show, Banma Zhixing presented an integrated end-to-end (E2E) smart cabin framework and interactive agent. Banma also presented the Banma AI Box system in collaboration with UNISOC, a Chinese fabless semiconductor design and manufacturing company headquartered in Shanghai which produces chipsets.   Integrated E2E smart cabin framework and interactive agent (Banma Hybrid E...

Market & Tech Reports  Updated at: 2025/05/28

er, with only 904 units produced in March.   Domestic vehicle sales in Q1/2025 totaled 153,193 units, down 6.5% YoY. Sales in March dropped 0.5% YoY, following declines of 12.3% in January and 6.7% in February. Strict lending conditions, high household debt, slow economic growth, and rising living costs continued to suppress purchasing power.   The FTI also raised concerns over external pressures, notably the U.S.’s newly imposed 36% reciproc...

Market & Tech Reports  Updated at: 2025/05/21

utomobile), and others are scheduled to start production in Thailand. The Thai government is also offering preferential treatment for the production of batteries, a key component of xEVs. The excise tax on EV batteries is reduced from 8% to 1% and a subsidy of THB 24 billion is provided to support manufacturing. In 2024, Energy Absolute PCL of Thailand, a joint venture plant between Banpu NEXT Co., Ltd. of Thailand and Durapower Technology (Sing...

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

te for SAE Level 4 autonomous driving from CES 2025   One question to the panel asked what sensors should be used for autonomous vehicles. Stefan Sellhusen noted that each sensor has benefits and disadvantages. For example, lidar has improved range and capability in inclement weather but higher costs. Ideally, an autonomous sensor suite should have redundant perception capabilities. Patricio Vela presented the idea that autonomous driving can...

Market & Tech Reports  Updated at: 2025/04/30

manufacture and sale of counterfeit airbag modules, have also been reported.   In terms of production, the airbag is no exception to being directly or indirectly affected by the recent decrease in automobile manufacturers' production volumes due to the shortage of semiconductors and to the rising cost of raw materials such as nylon yarn for the base fabrics of airbag cushions.   With regard to sustainability, in response to recent social deman...

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

Data) and Denso Corporation (Denso). Going forward, it is expected that collaboration between entrants from outside the automotive industry (mainly the IT industry) and those involved in the automotive industry will increase. Furthermore, as the value of software increases (as its proportion of the cost of a car increases), in addition to software standardization activities, securing and developing software human resources has become an important...

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

crease competitiveness as a small player by reducing the burden of assets while increasing their utilization. It will ensure high asset efficiency with low investment and provide competitive technologies and products. In order to strengthen management resilience, it has set a goal of reducing fixed costs by JPY 100 billion through structural cost reduction by optimizing the value chain, as well as JPY 100 billion through productivity improvement ...

Market & Tech Reports  Updated at: 2025/04/01