cept   Despite the bankruptcy of notable companies in the hydrogen commercial vehicle industry including Nikola and Hyzon, several companies featured hydrogen-related announcements and technology reveals at ACT Expo 2025. Bosch featured its Fuel Cell Power Module Compact 300 system and showed a model of its new CryoPump refueling platform. cellcentric revealed additional details about its future NextGen fuel cell system. EKPO presented its NM...

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

oduction II. Recent trends in brake technology III. Overview of major brake suppliers and their products IV. Overview of global facilities of brake suppliers V. Sales comparison of major brake component suppliers VI. Major brake component suppliers, their customers, and equipped Japanese production models VII. List of Global Facilities Foundation brakes, friction materials Akebono Brake Industry Co., Ltd. ADVICS Co., Ltd. Hosei Brake Industry...

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

framework and interactive agent (Banma Hybrid E2E Framework)   At this year's motor show Banma presented an integrated End-to-End (E2E) smart cabin framework. This framework represents a new solution by integrating the advantages of traditional pipeline frameworks and E2E frameworks. Through multi-model coordination, the integrated E2E smart cabin framework reduces human-computer interaction time from 2 seconds to 0.3-0.4 seconds and improves in...

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

droelectric power and wind power (awareness of the need to use abundant renewable energy for electric vehicles).               3. Generous policies such as subsidies, tax incentives, and charging infrastructure development.               4. A wide range of electric vehicle models is available.     Sales of electric vehicles in the 12 major countries and the 3 Nordic countries of Norway, Sweden, and Finland (15 countrie...

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

March 2025, Toyota retained its market leadership with a 47.4% share, followed by Mitsubishi Motors with 20.0%, Nissan with 5.7%, Suzuki with 4.7%, and Ford with 4.5%.   CAMPI remains optimistic about the future, projecting that total vehicle sales for 2025 could reach 500,000 units, driven by new model launches and positive economic conditions. This follows a record high of 467,252 vehicles sold in 2024.   According to CAMPI, the growth of the...

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

pril. Additionally, OEMs are solving back orders by increasing vehicle supply. Korean LV sales maintained growth momentum on a SAAR basis, with PVs driving topline sales.April's raw data showed LV sales expanding 7% YoY, improving on March (2% YoY), supported bynew pickup truck launches. Both local model sales (7% YoY) and import sales (4% YoY) postedpositive sales growth for the third consecutive month. South America Brazilian Light Vehicle sa...

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

nt is expected to be large sports and luxury passenger cars, but the company says it is "not limiting the target vehicles and is considering vehicle segments of all sizes as candidates."   Like Gen2, the company continues to improve Gen3 performance without incorporating special materials. Because models with special materials and voltage conditions may not meet market needs, the company is focusing on developing compact motors that are easy to ...

Market & Tech Reports  Updated at: 2025/05/20

Auto Shanghai 2025: GAC, Changan, Great Wall Motor Next generation smart cars, luxury orientation, off-road capabilities Summary GAC Group: World premiere of four new models, accelerating the transition to the smart car era Changan: Three models exhibited; targeting sales of 5 million units in 2030 Great Wall Motor: 6 brands in the lineup, promoting technology and off-road capabilities Deepal Auto's exhibition booth   Auto Shanghai 2025...

Market & Tech Reports  Updated at: 2025/05/20

bility Show 2023: Electrification Technologies (2) (Nov. 2023)Foxconn: Transforming existing mobility with EVs (Nov. 2021)     The Hon Hai Technology Group (Foxconn) exhibited many electrification-related products. The group's comprehensive capabilities were evident in its products, including the Model B, Model C, and Model D EVs, as well as its AI-based ternary electric technology (battery, motor, and electric control).   The Model B EV has a...

Market & Tech Reports  Updated at: 2025/05/19

nental's performance-scalable and cost-optimized solution portfolio for ADAS and automated driving.   He emphasized that the rapid development of the autonomous mobility market offers many business opportunities on the one hand, but also requires an adaptation of the product portfolio and business model to the new market needs as shown in the following slide. System scalability (ICA Summit 2025 organized by InLinum/slide: Copyright © Con...

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

Performance: record-high sales and profits for the full year of FY2024 GlobalData Sales Forecast: Suzuki to sell 3.18 million units in 2028 Suzuki's first mass-produced EV, the “e VITARA” (Source: Suzuki) Under Suzuki's new mid-term management plan announced in February 2025, six BEV models will be introduced in Japan and four in India and Europe by FY2030. In November 2024, Suzuki Motor Corporation (Suzuki) already announced its f...

Market & Tech Reports  Updated at: 2025/05/15

Auto Shanghai 2025: BYD BYD brand unveils six models and Denza brand premieres sports car concept Summary BYD: "Dynasty-D" full-size concept car, Ocean series premieres five models Denza: World premiere of the "Z" sports car concept Yangwang: Exhibiting its full lineup; world premiere of the U8L full-size SUV Fangchengbao: 583 Family models shown together for the first time BYD's booth   Auto Shanghai 2025, officially known as the 21st ...

Market & Tech Reports  Updated at: 2025/05/14

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

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

Auto Shanghai 2025: China's Emerging EV Makers Leapmotor, NIO, Li Auto, XPeng Summary Leapmotor: World premiere of the B01 and global model B10 NIO: Introducing new brand - Firefly Li Auto: Announces L6 Intelligent Renewal Edition and MEGA Home Family Special Edition XPeng: Launches P7+ ultra-long range Max flagship version NIO's booth   Auto Shanghai 2025, officially known as the 21st Shanghai International Automobile Industry Exhibiti...

Market & Tech Reports  Updated at: 2025/05/09

and City Hatchback DRIVAL Nissan: Serena e-POWER Suzuki: Swift and Carry Isuzu: Dragon Max pickup truck Toyota: Hilux Champ, Lexus RX 450h+ PHEV Ford: Everest Sport Special Edition Hyundai: N Line Series Volvo: XC90 PHEV and EX90 BEV Audi: A5 PHEV BMW: 330e M Sport PHEV Mercedes-Benz: Three new AMG models Luxury brands: Porsche, Maserati, Aston Martin, Rolls-Royce Motorcycle: Honda, Suzuki, Yamaha, BMW, and others BIMS 46th's entrance  ...

Market & Tech Reports  Updated at: 2025/05/08

Auto Shanghai 2025: Japanese OEMs Electrified vehicles from Toyota, Honda, Nissan, and Mazda Summary Toyota: World premiere of the Lexus ES and bZ7 with Huawei technology Honda: World premiere of the flagship model of the Ye series, equipped with DeepSeek Nissan: Unveils PHEV pickup truck for the first time and announces investment of approximately JPY 200 billion in the Chinese market Mazda: Unveils second NEV model, EZ-60, to be released in 202...

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

Trump Tariffs: Impact on the North American Auto Industry Analysis of U.S. imports and sales volume, parts procurement status for major models Summary Additional tariffs on automobiles and auto parts Imported vehicles as a percentage of total U.S. sales U.S. sales ranking by OEM Parts procurement status for major models US Sales Share by Segment (2024) (Source: MarkLines Sales Volume Dashboard )   In the midst of successive announcemen...

Market & Tech Reports  Updated at: 2025/05/02

e Worth the Squeeze,” gathered perspectives on AI from panelists representing fields including full-stack computing platforms, robotics, and autonomous driving. Each of the panelists were asked for their definition of AI and its potential impacts and applications. Norm Marks described various AI models, including generative AI, which provides content and information from user prompts; agentic AI, which utilizes agents to perform specific funct...

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

Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

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

sion a working assumption unless the US reverses course. ChinaIn February 2025, China’s LV market showed steady growth. Despite the impact of the Spring Festival holiday, sales remained strong, with a total of 1.7 mn units sold (excluding exports), marking a 39.2% YoY increase. When segmented by model type, PVs accounted for the majority with 1.5 mn units sold (+40.0% YoY), while LCVs demonstrated a particularly positive trend and increased by...

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