in partnership with TVS Tata Motors: Avinya X Concept, and flex fuel engine Vinfast: Debut in India by launching VF 6 and VF 7 electric vehicles Kia India: New EV6, and Syros sub-compact SUV BYD India: Sealion 7 electric SUV, Sealion 6 PHEV, and Yangwang U8 luxury SUV Isuzu Motors: D-Max EV Concept 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 man...

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

Analysis Report: Lithium-Ion Battery (Japan, Europe, North America and Korea) Each company's EV strategy and next-generation battery technology List of Suppliers Introduction Ⅰ. OEM BEV and battery strategy (Overall trends) II. Trends of Major Battery Suppliers III. Simple explanation of LiB technology Japan Panasonic Energy Prime Planet Energy & Solutions (PPES) Toyota Industries Corporation AESC Group Vehicle Energy Japan Blue Energ...

Market & Tech Reports  Updated at: 2024/10/18

lion 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 3.84 million units in 2027 Toyota new IMV Series pickup truck Hilux Champ (released in Thailand in November 2023) (Source: Toyota)   Vehicle production in four major ASEAN c...

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

Indian OEMs Investment and Future Plans (2) Japanese and European carmakers increase their presence in growing Indian market Summary Toyota Kirloskar Motor Honda Cars India Nissan Motor India Renault India Skoda Auto Volkswagen India Citroen - Stellantis Group MG Motor - SAIC BYD India Luxury car manufactures: Volvo Cars, Jaguar Land Rover, Jeep, Audi, BMW, Mercedes-Benz   In the last two years, Indian OEMs have started to focus on electric mobi...

Market & Tech Reports  Updated at: 2023/12/28

ary OEMs positive sales growth Maruti Suzuki India Hyundai Motor India Kia India Tata Motors Mahindra & Mahindra   Indian passenger car market witnessed tremendous growth in the last two years. The recent investment and new product announcements indicate that the Indian market is now ready for the next era of e-mobility and bigger cars. Ease of supply chain, positive sentiments, pent-up demands, the shift towards big cars, etc are major factors ...

Market & Tech Reports  Updated at: 2023/12/28

Thailand International Motor Expo 2023 (2) Pickup trucks lineup and electrified vehicles from Japanese OEMs Summary NEX Point: MINE BEV Pickup truck Toyota: All-new Hilux Champ pickup Mitsubishi: All-new Triton pickup Isuzu: MU-X PPV and D-Max V-Cross pickup Ford: Ranger Raptor pickup Jeep and Maserati models Tata: Super Ace truck Lexus: RX 500h F SPORT Performance HEV Honda: Accord e:HEV and lineup of e:HEV models Nissan: Kicks e-POWER Suzuki: S...

Market & Tech Reports  Updated at: 2023/12/27

e an annual production capacity of up to 250,000 units to serve for both local market and overseas markets. .The first model produced at the new plant was the Creta subcompact SUV. The plant also plans to manufacture EVs including the Ioniq 5 midsize electric crossover SUV.   The Philippines Toyota Tamaraw to re-enter Philippines In February 2023, Toyota announced plans to bring back the Tamaraw utility vehicle for the Asian countries and ...

Market & Tech Reports  Updated at: 2023/08/17

ort and production of internal combustion engine vehicles from 2040. Special consumption tax reduction (from March 1, 2022) ・EVs with 9 seats or less: 15% → 3% (until the end of February 2027), 11% (from March 1, 2027)Initial registration fee waiver (for 3 years from March 1, 2022) ・For the next 2 years, half the registration fee for internal combustion engine vehicles with the same number of seats Singapore Plans to phase out internal ...

Market & Tech Reports  Updated at: 2023/08/16

Indian Auto Expo 2023 (1): EVs and Passenger Vehicles Indian automotive industry leap towards electric mobility and SUV segment Summary Maruti Suzuki: eVX concept electric SUV, Fronx and Jimny 5-Door SUVs Tata Motors: Avinya Concept BEV, CURVV SUV concept, and CNG models Toyota: bZ4X and xEV models, Lexus RX lineup BYD: Seal with CTB technology, and the ATTO 3 Limited Edition Hyundai: Ioniq BEV lineup, and NEXO FCEV Kia: KA4 luxury RV, and Conce...

Market & Tech Reports  Updated at: 2023/02/06

to produce batteries Summary Electrification policy: Production to reach 1 million BEVs in Indonesia by 2035 Battery manufacturers and Indonesian state firms collaborate to produce EV batteries Increasing number of EV charging stations to 30,000 by 2030 Hyundai Motor starts operations at new plant; Toyota, Mitsubishi and Daihatsu investing in EV production Market trends: Sales volume for Jan.-Nov. 2022 grew 19% due to luxury sales tax breaks and ...

Market & Tech Reports  Updated at: 2023/01/27

ment intends to integrate the EV battery industry from mining to lithium-ion battery production using its abundant nickel ore. Malaysia plans to announce its new EV policy in July 2021. VinFast, a Vietnamese automaker, launched its first EV in the country. In Singapore, Hyundai Motor is building an innovation center with EV production facility.   In 2020, four major ASEAN countries produced 2.65 million vehicles, down by 33.1% year-over-year (y/...

Market & Tech Reports  Updated at: 2021/06/10

Subsidizing interest on auto loans and providing IDR 70 trillion Export trends: Honda Brio contributes to the increase in CKD unit exports Production trends: Hyundai Motor building a new plant, an Indonesian automaker opens its first plant Domestic market: MPV sales account for 43.7% of the total, Toyota Avanza and Mitsubishi Xpander contributing to sales Production forecast by LMC Automotive: Indonesian production to fall to 667,000 units in 20...

Market & Tech Reports  Updated at: 2020/08/25

s, commercial vehicle production also expands Domestic market: MPV sales account for about 40% of the total, SUV competition intensifies Mitsubishi Motors: Expands production and sales of Xpander Wuling: Introduces 4 models within 2 years after starting operations at the Cikarang Plant Daihatsu and Toyota: Strengthens domestic sales and exports of MPVs and SUVs LMC Automotive production forecast: Indonesian light vehicle production will exceed 1....

Market & Tech Reports  Updated at: 2019/05/21

2017 that it plans for all new vehicle sales in the country to be electric vehicles by 2030. Since electric vehicles accounted for only 0.02% of the Indian vehicle market during the period April 2017-January 2018, a number of observers are skeptical about the feasibility of this target. Suzuki and Toyota criticized the government's plan to treat only electric vehicles favorably when hybrids are also important green vehicles. According to a repor...

Market & Tech Reports  Updated at: 2018/03/23

Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota Major OEMs show new SUVs and EV variants for Indian market Summary Maruti Suzuki displays concept with new design language Kia Motors unveils SP Concept Hyundai Motor India displays IONIQ EV Honda Cars India debuts 2nd-generation Amaze Toyota Kirloskar Motor showcases Yaris Auto Expo, which is jointly organized by the Society of Indian Automobile Manufacturers (...

Market & Tech Reports  Updated at: 2018/02/16

s' and Wuling's new plants come on stream Summary Market trends: New vehicle sales recover thanks to economic stimulus package, Japanese automakers take the lead MPVs: Composing roughly 40% of new vehicle sales, OEMs continue to release new models LCGC: Market size expands to over 200,000 vehicles, Toyota/Daihatsu to release second model Expansion of production facilities: Mitsubishi Motors' and Wuling's new plants come on stream; various OEMs pr...

Market & Tech Reports  Updated at: 2017/09/12

Thai production expected to increase 2.6% to 2 million units in 2017 Exports to remain flat due to global downturn even as Thai market recovers Summary Exports to the Middle East decrease significantly for the period January-October 2016 Market leader Toyota's share declines to 31.7% due to weak sales of new Hilux Thai government approves EV promotional package; implements commercial vehicle tax incentive scheme Honda starts operations at new pla...

Market & Tech Reports  Updated at: 2017/01/30

Toyota to make Daihatsu a 100% subsidiary; entrusts A-segment development Daihatsu technologies become core for strengthening emerging market operations Summary Toyota to make Daihatsu a wholly-owned subsidiary; Daihatsu to lead Group A-segment car development Cooperation between Toyota and Daihatsu until the present Toyota's vehicle sales by region: declining sales in Asia and other emerging markets Production Forecast by LMC Automotive: Toyota ...

Market & Tech Reports  Updated at: 2016/03/28

Summary Indonesian government: launching economic stimulus measures to revitalize consumer spending Domestic sales: OEMs see significant declines; Honda experiences slight drop thanks to HR-V and Mobilio Domestic production: Suzuki launches new factory in 2015; Mitsubishi to open new plant in 2017 Toyota Group (Toyota and Daihatsu) in Indonesia Honda, Suzuki, and Mitsubishi in Indonesia GM and Ford in Indonesia Heavy-duty commercial vehicle buil...

Market & Tech Reports  Updated at: 2016/03/18

India (Part 2): OEMs plan to launch models with strong local potential Stagnant Tata, Mahindra, GM, Ford and VW strive to gain market share Summary Tata Motors: to launch broad range of all-new models Mahindra & Mahindra: to strengthen UV lineup and open technical center in U.S. Hyundai Motor: to reduce export to Europe and to focus more on local sales in India Toyota: planning Etios-based mid-size sedans Renault-Nissan Alliance: launches Datsun ...

Market & Tech Reports  Updated at: 2014/10/31