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

honeycomb panel, enhances efficiency and range.   Tata Ace Flex Fuel and Tata Ace Pro Bi-Fuel   Tata Motors continues to drive eco-friendly innovation with the introduction of Flex Fuel and Bi-Fuel versions of its popular Ace commercial vehicles. Designed for sustainability, fuel efficiency, and cost-effectiveness, these vehicles cater to modern urban and last-mile delivery needs.   The Tata Ace Flex Fuel comes with a 2,100 mm wheelbase and i...

Market & Tech Reports  Updated at: 2025/03/27

onth last year. In the U.S., sales also increased by 3.2% (to 120,000 units) compared to the same month last year, but EVs are facing increasing pressure, with bills being introduced to essentially abolish the EV tax credit and to impose a USD 1,000 tax on the purchase of an EV to cover road repair costs, raising concerns about the impact this may have on future sales.       The shares of BEVs and PHVs in total electric vehicle sales were 63....

Market & Tech Reports  Updated at: 2025/03/26

cks. The 3rd-generation FC system features (1) improved durability performance (twice that of the 2nd-generation system). Maintenance free, making it equivalent to a diesel engine, and (2) Improved fuel economy (1.2 times higher than the 2nd-generation). Driving range is improved by about 20%. (3) Costs are reduced due to innovations in cell design and manufacturing processes. With these improvements, the company plans to launch the product in m...

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

on. ◇Demerits It is not suitable for competition use, not being able to make side turns, for example. Complex electronic controls are added, and in many cases the brake is applied in the event of a breakdown, making it difficult to release the parking brake if it breaks down on the road. Repair costs are expensive. ◇Coordinated systems such as ADAS Adaptive cruise control with all-speed tracking function (all vehicle speed ACC) Advanced p...

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

angan will assemble a team of more than 3,000 scientific and technical personnel and a design team of 1,500 people around the world to build a world-class arts and sciences center. 4 relationships Supplier partnerships Transaction management → management cooperation, price competition → total cost to benefit both parties, technical reliability → technology leadership, material supply guarantees → strengthening and improving the stabilit...

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

g plug-in hybrid vehicles (PHVs) and mild hybrid vehicles (MHVs) in addition to BEVs when launching new vehicles.   The STLA (Stellantis abbreviation) platform, developed exclusively for EVs, can also be used for internal combustion engine vehicles (ICE vehicles), PHVs, and MHVs, working to reduce costs by consolidating the 20 or so platforms it has into five.   At each regional plant, new equipment is being installed and lines are being renova...

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

pment Goals), such as installing solar panels covering the entire roof. (Source: Xiaomi Newsroom)   In entering the EV market, Xiaomi built a highly automated, state-of-the-art plant with ample funds from its existing business. The investment is huge, but if the utilization rate can be ensured, costs can be dramatically reduced compared to conventional production processes. Of course, it also has the effect of appealing to society and consume...

Market & Tech Reports  Updated at: 2025/03/04

ts state-of-the-art Chakan facility (SAVWIPL) in Pune. SAVWIPL has enhanced its Chakan Plant’s production capacity by 30% to 255,000 units annually, with Kylaq’s production. SAVWIPL has also expanded its already strong local supplier base by another 10% to improve turnaround time and reduce the cost of ownership.   Kylaq Skoda Kylaq   The recently launched Kylaq is Škoda’s first-ever sub-4-metre SUV, designed specifically for th...

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

ry EVs and are increasingly trying to meet market needs and environmental regulations by strengthening their lineups of hybrid vehicles(HEVs) and PHEVs, which are more convenient and economical. Additionally, there have been movements towards new partnerships to address the burden of EV development costs as well as the intensifying competition with Chinese manufacturers.   On the other hand, against the backdrop of geopolitical risks and the mov...

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

ides in November 2024 and has given over five million cumulative driverless rides currently. Waymo booth at CES 2025: Jaguar AV on left. Zeekr RT potential future AV on right. (Source: VSI AV Insight)   Waymo is considering using Zeekr RT for its next generation AV due to much lower BEV cost. The issue is the U.S. ban on Chinese communication and software technology.   Waymo will not use Chinese telematics or AV-related software. Hen...

Market & Tech Reports  Updated at: 2025/02/19

been a gradual dichotomization into a medium/low performance cluster (power/chassis/body) and a high performance cluster (intelligent driving/cockpit). The medium/low performance clusters are mainly based on 40-180nm process nodes, and demand is driven by safety, reliability, high quality, and good cost performance. High-performance clusters are dominated by 28nm and below, reaching as low as 7nm, with large-scale computing power and high-speed t...

Market & Tech Reports  Updated at: 2025/02/18

Toyota Kirloskar Motor (TKM): Urban BEV Concept, Multi-Pathway Zone Mahindra and Mahindra: electric BE 6 and XEV 9e   India is one of the leading manufacturers of cars, commercial vehicles, and two-wheelers. In recent years, India has made significant strides toward new energy, sustainability, and cost-effective transportation technologies. To showcase these innovations and newly developed models, industry bodies, with the support of the Governm...

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

CTI Symposium 2024: Transition towards Sustainable Mobility Renault's digital twin development, NIO's battery swap, etc. Summary Renault: How Digital Transformation Supports Time-to-Market Acceleration and Cost Reduction in the Automotive Industry NIO’s Power Swap Strategy for Europe, Combining Mobility and Energy Transition Skymizer: Automotive in AI-First Era InfiMotion: Novel X-in-1 Electric Drive Unit Platform to Optimise Function Integrati...

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

Integrated body frame components, door rings, multi-material frames Weight reduction: Hot stamping line for European car frame Weight reduction: Aluminum FSW joint real-time monitoring Weight reduction: Magnesium alloy for display housing, etc. EV parts: Forging equipment for EV hollow motor shaft Cost reduction: Cold forging for brake slide pins, etc. Cost reduction: Precision stamping for motor housings, etc. Cost reduction: Precision machinin...

Market & Tech Reports  Updated at: 2025/02/04