es from local companies and expand the business. In November 2022, the company terminated joint venture agreements with Itochu Corporation and Itochu Hong Kong Ltd. for two consolidated subsidiary companies, Akebono Corporation (Guangzhou) and Akebono Corporation (Suzhou), and changed joint venture partners. Akebono Brake and Fujiwa Machinery Industry (Kunshan) Co., Ltd. now hold 70% and 30% stakes, respectively, in the two joint venture companie...

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

RISC-V standardization will be promoted, accelerating the commercialization of RISC-V-based products on a global scale. Promoting the adoption of RISC-V globally through the joint venture Quintauris (Source: Infineon presentation materials)   Furthermore, through close collaboration with partner companies such as software suppliers Elektrobit Automotive GmbH, Vector Informatik GmbH, Neusoft Corporation, and ETAS GmbH, tools suppliers s...

Market & Tech Reports  Updated at: 2025/05/22

h have specialized knowledge in the development and production of electric drive units, as part of its efforts to develop electrification technologies such as electrification-related parts in the Hiroshima region as well as develop the entire supply chain, including Mazda. By co-creating with these partner companies with outstanding technologies, Mazda will advance the development of small, high-performance, and highly efficient electric drive un...

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

unctions of vehicles will be extended to connectivity, and through V2V, to vehicle and road infrastructure interconnection. The company will maximize the reduction and avoidance of traffic accidents, providing consumers with an extremely safe mobility experience. At the same time, GAC will actively partner with technology companies in the industry. Continuing to cooperate with Huawe, Tencent, iFLYTEK, Didi, CATL and others, GAC will build the GAC...

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

not least, the exhibition area allowed participants to explore the most cutting-edge ADAS and connectivity technologies showcased by BrightDrive, Dekra, POLYN Technology and Valtech Mobility GmbH, and many others.   The summit began with opening speeches from Elena Andolin Müller, Head of M&A and Partnerships at Schaeffler, and Dr. Florian Baumann, SDV Specialist at STMicroelectronics, who both moderated the event over the two days.   The enti...

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

900km on a single full charge and a full tank of 70 liters. The price after subsidy is THB 1,099,000. Avatr 11 In September 2024, the Avatr brand held a brand launch in Thailand. Changan Automobile, Huawei Technologies Co., Ltd. (Huawei), and Contemporary Amperex Technology Co., Ltd. (CATL) have partnered to offer high-end smart EVs under the brand. The first model to be launched in Thailand is the Avatr 11, a mid-size electric SUV. The Standa...

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

, he suggested the R&D teams should have greater power within the vehicle development process to improve vehicle innovation. Analyst Insights on Future Propulsion Systems: Are Customers Ready for the Shift? Organization Speaker Title Roland Berger Holding GmbH & Co. KGaA Brandon Boyle Senior Partner and North America Automotive Practice Lead J.D. Power Elizabeth Krear Vice President, Electric Vehicle Practice Frost & Sullivan Anjan Kum...

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

  Looking at sales figures for each brand in 2024, Omoda sold 5,385 units, Jaecoo 1,016, and Jetour 3,148 units.   Anhui Jianghuai Automobile Grop Corp., Ltd. (JAC): Selling mainly vehicles produced in Mexico   Anhui Jianghuai Automobile (JAC) began production in 2019 with its Mexican production partner Giant Motors Latinoamérica, S.A. de C.V. (Giant Motors), and has since gradually expanded its production and sales scale. In 2024, sales rea...

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

supplier with approximately 8,600 employees in 13 countries. Following this spin-off, Veoneer, Inc. was listed on Nasdaq Stockholm and operated as a subsidiary of Autoliv after receiving a capital infusion of approximately USD 1 billion from Autoliv. However, in April 2022, U.S. investment firm SSW Partners, LP acquired all of Veoneer's shares, and the company was reorganized to sell its Arrival division, which develops software for autonomous dr...

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

next-generation super range extender technology. By 2025, all series models will be equipped with the AI 3.0 architecture to create a one-stop, end-to-end smart driving experience. The company also announced the development of a new intelligent cockpit and the introduction of the Apple ecosystem. Partnership in intelligence (Huawei) On February 21, 2025, the company signed a partnership agreement with Huawei. The partnership will include produc...

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

Huawei Smart Car Model Comparison and Sales Status Automotive sales up five-fold y/y; new model Aito M8 launching in collaboration with Seres Summary Smart Car Solutions Business Huawei HIMA smart car sales volume Huawei HIMA smart car Equipment Comparison Trends in partnerships between solutions and parts supply Aito M8 (new model developed by Huawei and Seres, launching in April 2025) (Source: Aito's official Weibo)  Huawei Technologi...

Market & Tech Reports  Updated at: 2025/04/16

l production capacity of 150,000 units per year. USA According to local press reports on January 29, 2024, Hyundai plans to begin construction of a training center near its new Georgia plant, Hyundai Motor Group Metaplant America (HMGMA) LLC, in which it plans to invest USD 5.5 billion. Hyundai's partner companies have invested USD 1 billion in the region to train local employees. In June 2024, Hyundai Mobis Co., Ltd. (Hyundai Mobis) announce...

Market & Tech Reports  Updated at: 2025/04/07

gh acquisitions and are now producing on their own. As competition intensified in the Chinese automobile market, many emerging OEMs went bankrupt, one after another. Today, emerging OEMs have basically ended "outsourced manufacturing".   ICT companies, such as Huawei and Baidu, are deepening their partnerships with automakers in the intelligent technology field. Huawei has established close partnerships with automakers through HIMA and has alrea...

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

Mazda: BEV Transition to Progress in Stages Expanding the CX series of large models; developing NEVs with Changan Automobile Summary Announced Lean Asset Strategy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda t...

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

. The D9 is a model that was just released in Indonesia in January, and this was its first time being exhibited. Denza D9 Denza Z9 GT       The number of GAC Aion dealerships in Indonesia has now expanded to 40. At the presentation at the company's booth, a presenter from joint venture partner Indomobil Group, part of the Salim Group, took the stage. GAC Aion is building an EV plant in Karawang, West Java, with Indomobil. At the IIMS...

Market & Tech Reports  Updated at: 2025/03/31

stimulate domestic demand and attract foreign investment. Currently, India's production capacity for Li-ion batteries and components for EVs is not keeping pace with market demand. For Thailand, it also represents an opportunity to expand exports of EV parts and components to India and its trading partners.   Mineral Exploration and Consultancy Limited (MECL), a public corporation under the Indian Ministry of Mines, announced on February 19 tha...

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

with a diorama on display was a hydrogen burner used as an afterburner to render organic solvents in aluminum adhesives harmless.   Toyota: Hydrogen utilization products (hydrogen generators, portable hydrogen cartridges) In addition to the Toyota Group, Toyota's booth also featured products from partner companies that are working to realize a hydrogen society. Exhibit of hydrogen utilization products 8kW FC module for generatorsDisplay ...

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

oint venture development company CNXMotion LLC. In October 2017, Bosch developed an electro-hydraulic steering system for heavy-duty commercial vehicles. In March 2022, Knorr-Bremse and Leoni joined the MAN Truck & Bus autonomous truck driving project.In September 2018, Knorr-Bremse and Continental partnered on highly automated driving for commercial vehicles. The project started with truck platooning, and then will develop autonomous driving on ...

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

ualde Plant(Portugal) In July 2024, the company announced the start of production of Portugal's first EV passenger cars and light commercial vehicles. Eight EV models will be produced for domestic and export markets, including the light commercial electric van such as Citroen e-Berlingo, Peugeot e-Partner/e-Rifter, Fiat e-Doblo, and Opel Combo-e Cargo. EV production is supported by a EUR 119 million investment by the Portuguese government, which...

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

usable, as sustainability is not just about recycling but also about reusability.     Brahmanand Patil, MD & President, Vector Informatik India Pvt. Ltd.   Mr. Brahmanand Patil started his presentation with the theme “Smart ways to develop SDVs”. He introduced Vector Informatik as a trusted partner in automotive electronics development, employing over 4,500 professionals across 33 locations worldwide. The company offers manufacturers and ...

Market & Tech Reports  Updated at: 2025/02/26