Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

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

Analysis Report: Lithium-Ion Battery (Chinese Market) Market Dominance by the Top 2 Companies Continues Major suppliers Introduction I. Current status of the lithium-Ion battery market for NEVs in China II. Development trends of lithium-ion battery technology for NEVs III. Product structure and delivery status of major lithium-ion battery companies IV. Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery com...

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

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

Bangkok International Motor Show 2025 (2) Japanese & European OEMs Mitsubishi, Mazda, Honda, Nissan, Suzuki, Isuzu, and others Summary Mitsubishi: Xforce HEV Mazda: Iconic SP compact electric sports car Honda: e:N1 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 ...

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

Bangkok International Motor Show 2025 (1) Chinese OEMs BYD, Geely, Chery, Changan, MG, GAC, and others Summary BYD: Shark 6 DMO PHEV pickup truck, Denza D9 flagship electric MPV Geely: Star Wish compact EV, Zeekr SUV and MPV, RIDDARA electric pickup truck Chery: Market entry of Chery brand, Omoda & Jaecoo model lineup Changan: Deepal S05 BEV and REEV variants MG (SAIC): New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: ...

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

China Passenger Car Association (CPCA) report - March 2025 Analysis of China's passenger car sales in February and outlook for March China passenger car production and sales volumes in February 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for February 202...

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

China Passenger Car Association (CPCA) report - February 2025 Analysis of China's passenger car sales in January and outlook for February China passenger car production and sales volumes in January 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for January ...

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

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

Market & Tech Reports  Updated at: 2025/01/16

Thailand International Motor Expo 2024 (1) Chinese OEMs Chery, Changan, Geely, SAIC, GAC, BYD, and others Summary Chery: Omoda and Jaecoo brand electrified vehicle lineup Changan: Deepal and Avatr e-SUVs and REEV pickup truck Geely EX5 and Zeekr 7X e-SUVs and RIDDARA electric pickup truck SAIC: IM Motors intelligent e-SUV, and Wuling brand compact EVs GAC: Aion V e-SUV and HYPTEC SSR BEV sports car BYD: Denza D9 luxury e-MPV, Sealion 7 e-SUV, SHA...

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

Analysis Report: Cockpit Module (Chinese Market) Further progress in intelligent cockpits List of Suppliers Introduction - Overview of the automotive intelligent cockpit module industry in China I. Development and market status of the automotive intelligent cockpit industry in China II. Main classification of intelligent cockpits III. Major intelligent cockpit suppliers IV. Intelligent cockpit component suppliers and their customers V. Developmen...

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

China Passenger Car Association (CPCA) report - November 2024 Analysis of China's passenger car sales in October and outlook for November China passenger car production and sales volumes in October 2024 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for October ...

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

Chinese Market Q3 2024 Non-Chinese OEMs accelerate BEVs; government raises standards for replacement subsidies Summary Trends of Chinese OEMs (Q3 2024) Trends of major non-Chinese manufacturers (Q3 2024) Policies related to China's automotive industry (Q3 2024) Major Chinese automakers' 2024 Q3 sales volumes (ex-factory) The Bao 8, BYD's first car equipped with Huawei's smart driving technology (Source: Fangchengbao luxury electric car bran...

Market & Tech Reports  Updated at: 2024/11/05

China Passenger Car Association (CPCA) report - October 2024 Analysis of China's passenger car sales in September and outlook for October China passenger car production and sales volumes in September 2024 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for Septem...

Market & Tech Reports  Updated at: 2024/10/15

ASEAN (2) Increase in Chinese car production Sales in Thai and Indonesian markets decline, electric vehicles grow Summary ASEAN vehicle production: Four major countries produce 4.1 million units in 2023, down 1% from 2022 Thailand and Indonesia export 1.12 million and 510,000 vehicles, respectively, in 2023 ASEAN new vehicle sales in six major countries decline 0.7% to 3.4 million units in 2023 Sales Forecast by GlobalData: ASEAN sales to grow to...

Market & Tech Reports  Updated at: 2024/10/02

Automotive World 2024 Autumn: Electrification-related Technologies Electrified vehicles, electric powertrains, power electronics-related, charging-related, etc. Summary Electrified vehicles, electric powertrains: China BEVs, Yamada Manufacturing, HOSO Technology, Shinano Kenshi e-Axle components: Elantas, JFE Precision, Sado Precision, Taiyo Kogyo, INAC Power electronics-related: Panatronic Japan, AEM Components, Inabata & Co. Charging related: N...

Market & Tech Reports  Updated at: 2024/09/30

Analysis Report: Power Steering (Chinese Market) EPS continues to evolve and Steer-by-wire awaits popularization List of Suppliers Introduction I. Overview II. Overview of major power steering suppliers III. Global development of major power steering component suppliers IV. Major power steering suppliers and their customer OEMs V. Installation status of products from major power steering suppliers VI. Sales comparison of major power steering supp...

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

China Passenger Car Association (CPCA) report - September 2024 Analysis of China's passenger car sales in August and outlook for September China passenger car production and sales volumes in August 2024 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for August 2...

Market & Tech Reports  Updated at: 2024/09/11

ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs Thailand: BYD and Wuling begin EV production, Indonesia: Hyundai and LGES build JV battery plant Summary Electrification policies and EV launch plans of ASEAN countries (Overview) Introducing EVs to the ASEAN market and building manufacturing sites Thailand's electrification policy: New EV preferential policies to be implemented from 2024 to 2027 Indonesia's electrification policie...

Market & Tech Reports  Updated at: 2024/09/04

GAIKINDO Indonesia International Auto Show 2024 Emerging forces such as Chinese manufacturers, Hyundai, and VinFast are on the rise Summary BYD: Debut of the “M6”, an MPV-type EV Wuling: Locally produced flagship models A, B, C (Air ev, Binguo EV, Cloud EV) GAC Aion: Debut of the Hyptec HT and Aion ES Chery Automobile: iCAR 03, an off-road SUV EV Great Wall Motor (GWM): Launches new models Haval Jolion and Tank 300 Dongfeng (DFSK)/SERES: Sell...

Market & Tech Reports  Updated at: 2024/08/30

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (July 2024) Electric vehicle sales in July increase 20.0% y/y to 1,179,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This report pr...

Market & Tech Reports  Updated at: 2024/08/29