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

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

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

casing their products at the show were Aion, Audi, Avatr, BMW, BYD, BYD Commercial, Deepal, Denza, Ford, Foton, Geely, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Juneyao, Kia, King Long, Leapmotor, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Pocco, Porsche, Riddara, Suzuki, Tesla, Toyota, Volvo, Wuling, XPeng, and Zeekr, along with motorcycle brands namely AJ EV, Alpha Volantis, B...

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

ad), it may be difficult to see. Therefore, cars that take the approach of installing the meters in a high position to ensure sufficient visibility even without a HUD are appearing on the market. Examples of Japanese cars include the bZ4X, Solterra (Figure 10), and Prius. Outside Japan, vehicles by Peugeot, China's Deepal L07, and others have similar layouts. The Lexus mentioned below and BMW concept cars also have this type of meter arrangement,...

Market & Tech Reports  Updated at: 2024/10/25

al orders for compressors for mini-vehicles, including for Honda and Suzuki.   Mahle Japan (formerly Keihin) The company is originally a major Honda-affiliated parts manufacturer, and all orders for air conditioner parts are from Honda. The company had been sourcing electric compressors from its partner Sanden, but recently Denso has been taking market share from them.   Sanden In Japan, the main business is compressors alone. Sanden suppli...

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

of Faurecia’s total sales, respectively. Brose of Germany established a joint venture with Volkswagen to strengthen its OEM supply business, and the joint venture started its activities in January 2022. In the midst of their global expansion, major suppliers, especially in Asia, are establishing partnerships and joint ventures with leading local suppliers to supply products for the Asian markets, especially in Japan, China and Southeast Asia. ...

Market & Tech Reports  Updated at: 2024/07/04

a sponsor again. The amount of debt waivers by financial institutions was about JPY 450 billion (JPY 388.5 billion for the main bank, Mizuho Bank). The debt forgiveness will only affect financial institutions and will not affect Marelli Group's domestic or foreign operating subsidiaries or business partners. * ADR (Alternative Dispute Resolution): A procedure that seeks to resolve disputes through the involvement of an impartial third party w...

Market & Tech Reports  Updated at: 2024/05/30

s 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, US 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: 2024/04/25

o., Ltd. became effective for two of its consolidated subsidiaries in China. In June 2022, the company terminated joint venture agreements with Itochu Corporation and Itochu Hong Kong Ltd. for two 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: 2024/04/11

Stellantis (1): Launching 75 BEV Models by 2030, Aiming for 100% BEV Sales in Europe Building 6 gigafactories by 2027; battery raw material partnerships with 6 companies Summary The Dare Forward 2030 long-term plan to be implemented, bringing BEV portfolio to 48 models by the end of 2024 Jeep brand BEV offensive: Avenger in Europe in 2023, Recon and Wagoneer S in North America in 2024 Expansion of EV production: Additional vehicle production, con...

Market & Tech Reports  Updated at: 2024/01/11

40 car brands from 11 countries and 23 motorcycle makers from 7 countries joining this event.   OEM brands: Aion, Audi, Bentley, BMW, BYD, Changan, Ford, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Kia, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Moke, Neta, Nex, Nissan, Peugeot, POCCO, Porsche, Subaru, Suzuki, Tata, Tesla, Toyota, Volvo, Wuling (as well as BMW M Performance, Carlsson, M'Z Speed, and Swift).   Motorcy...

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

ded December 2022) 3,421(FY ended December 2020) 3,865(FY ended December 2021) 4,477(FY ended December 2022) Mahle's Thermal Management(EUR millions/year) Source: Created from publicly released information of each company. Country Local company name Location Investment ratio (%) Joint venture partner / Major shareholder Major customers Products Denso Corporation Asia/Pacific Japan Denso Corporation Toyohashi Plant Toyohashi (Aichi Pre...

Market & Tech Reports  Updated at: 2023/10/19

s a production rationalization measure. Upon completion of the sale, the Farsund business will operate under the name Chassix Norway AS. Benteler will continue to develop lightweight solutions for its customers and when needed, will source aluminum casting products through cooperation with external partners such as Chassix. In June 2019, Swedish steel company Svenskt Stål AB (SSAB) announced that it had transferred a 25% stake in Heléns Rör AB...

Market & Tech Reports  Updated at: 2023/05/18

sites and R&D facilities in the Americas and Asia. Brose of Germany established a joint venture with VW to strengthen its OEM supply business, and the joint venture started its activities in January 2022. In the midst of their global expansion, major suppliers, especially in Asia, are establishing partnerships and joint ventures with leading local suppliers to supply product for the Asian markets, especially in Japan, China and Southeast Asia. (...

Market & Tech Reports  Updated at: 2023/04/27

untries, was established after being spun off from Autoliv. Following the spin-off, Veoneer Inc. was listed on NASDAQ Stockholm, but operated as an Autoliv-affiliated company by receiving a capital injection of approximately USD 1 billion from Autoliv. In April 2022, the U.S. investment company SSW Partners LP acquired all shares of Veoneer, and restructuring was carried out by selling the Arriver division, which develops software for autonomous ...

Market & Tech Reports  Updated at: 2023/04/20

2021). Brake business sales were JPY 153,643 million (fiscal year ended December, 2022). As of 2023, the company is one of the world's leading friction material manufacturers with 24 production sites in 14 countries. Group: Independent friction materials manufacturer. In 2000, the company formed a partnership with the German company Continental AG (former Continental Teves AG) in the brake business, but presently the partnership is dissolved. Ho...

Market & Tech Reports  Updated at: 2023/03/31

e Touch the FUTURE”. The event brought together 35 car brands and 17 motorcycle makers from 8 countries, including Audi, Bentley, BMW, BYD, Ford, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Kia, Lamborghini, Lexus, Maserati, Mazda, Mercedes-Benz, MG, MINE, MINI, Mitsubishi, Moke, Neta, Nissan, Peugeot, POCCO, Porsche, Subaru, Suzuki, Toyota, Volt, Volvo, (as well as BMW M Performance, Carlsson, M'Z Speed, and Swift), along with Alpha Volanti...

Market & Tech Reports  Updated at: 2022/12/21

nes) Japan Climate Systems 26.9 21.9 21.2 Not disclosed Not disclosed Not disclosed Hitachi Astemo N/A 987.5 1,597.7 N/A Not disclosed Not disclosed Source: Created from publicly available information of each company. Country Local company name Location Investmentratio (%) Joint venture partner / Major shareholder Major customers Products Denso Corporation Asia/Pacific Japan Denso Corporation Toyohashi Plant Toyohashi (Aichi Pre...

Market & Tech Reports  Updated at: 2022/10/27

g Province in April 2022 and an invitation notice (call for investors) was published in July 2022. Dongfeng Yunnan Vehicle Co., Ltd. Dongfeng Yunnan Vehicle Co., Ltd. (mainly producing Dongfeng brand commercial vehicles) increased its capital in June 2021. Shanghai Kunsong Science and Technology Partnership (limited partnership) became a shareholder (holding 30%), and the shareholding ratio of DFMC and Kunming State-owned Assets Supervision an...

Market & Tech Reports  Updated at: 2022/09/01