f research and development expenses, the group invests CNY 33.1 billion annually, and the proportion of AI-related work continues to rise.   In terms of production, industry forecasts predict that Xiaomi's annual production capacity will exceed 1 million units in 2026, as the Beijing Phase 2 and 3 Plants and the Wuhan No. 1 Plant are completed and put into operation sequentially. Furthermore, the company has made proactive investments in the fie...

Market & Tech Reports  Updated at: 2026/04/20

started in 1961 based on advances by Aichi Institute of Technology. After that, through a joint venture with BorgWarner in the United States, the company absorbed a great deal of know-how in both design and manufacturing. Currently, in addition to AT assembly production sites Japan, Aisin has three plants in the U.S., one in Thailand, and four in China. North America: Established in September 2019, AISIN Texas Corporation is responsible for the ...

Market & Tech Reports  Updated at: 2026/04/17

ries(World's best-selling pickup truck) Toyota Hilux TRAVO(Bangkok International Motor Show 2026) Specifications, sales volume, and production locations for major P/U models The table can be scrolled left and right OEM Model Size Dimensions (mm) Global sales volume(2025) Main production plants Length Width Height Wheelbase Ford F-Series F 5,911 2,032 1,989 3,696 933,000 U.S. Kentucky Truck Plant GM Chevrolet Silverado F 5,920 2,...

Market & Tech Reports  Updated at: 2026/04/13

"CS75" and "CS55," in the future. In addition, GAC Group is planning to enter the market through CKD (Completely Knocked Down) production and is currently in the early stages of investment. Leapmotor plans to manufacture electrified vehicles (xEVs) at a Stellantis plant. List of major passenger car plants of Chinese automakers in Brazil The table can be scrolled left and right. Automaker Category Production model Production capacity(units/y...

Market & Tech Reports  Updated at: 2026/04/08

r China BYD Qin PLUS EV Chiller China BYD ATTO3 Chiller Outline of the company and its business: Established in 2003 and restructured in December 2019, it is a wholly owned subsidiary of BYD. It is a Tier 1 supplier for BYD which manufactures BEVs. FinDreams Group has 41 companies and plants in China. In addition to battery thermal systems, the company manufactures various categories of automotive components. If BYD develops a BEV m...

Market & Tech Reports  Updated at: 2026/03/30

onference in 2026, the VW Group explained that it is undertaking a fundamental reform of its business model in response to trade barriers, stricter regulations, and intensifying competition from Chinese manufacturers. This reform includes structural changes such as 20% cost reductions at its German plants, a reduction of approximately 50,000 jobs, and a review of production capacity. In response to the shrinking European market, the company is al...

Market & Tech Reports  Updated at: 2026/03/27

ries in Europe, and in the United States, Mexico, Brazil, and other countries in the Americas. Recent production investments in brake related products are as follows. In May 2021, Bosch reportedly invested USD 90-100 million to expand 12 production lines at the San Luis Potosi and Aguascalientes plants and two development centers focused on Industry 4.0 during 2021. Bosch had invested USD 87 million in its Mexico base in 2020. The company prod...

Market & Tech Reports  Updated at: 2026/03/24

(1)Power module display screen (2) Leadrive Technology (Shanghai): Inverters and power modules for BEV/HEV/REEV   Leadrive Technology (Shanghai) Co., Ltd. (Leadrive Technology), headquartered in Pudong, Shanghai, produces inverters (Motor Control Units), power blocks, and power modules at four plants in China, as well as plants in Thailand and Malaysia. The company also plans to produce in the United States.   Three types of inverters for s...

Market & Tech Reports  Updated at: 2026/02/26

d off-roaders, high-end MPVs, and pickup trucks.   Chinese OEMs are undergoing a qualitative change from "exporting finished vehicles" to "localizing the entire supply chain”. In response to Thailand's electrification policy, BYD, Changan, Great Wall Motor, and others have built finished vehicle plants. At the same time, major suppliers such as CATL, SVOLT, and Yuefei New Materials (Wuhu Yuefei Sound-Absorbing New Material Co.,Ltd) have also e...

Market & Tech Reports  Updated at: 2026/02/24

le as a means of facilitating the recycling of other materials.  Circular Economy Initiatives Lignin Modified Phenolic Resin - Proposal for Utilization of "Lignin," a Resin Derived from Wood   Lignin is a naturally occurring aromatic polymer known as a natural adhesive that constitutes plants. The lignin-modified phenolic resin developed by the company has achieved strength and high heat resistance comparable to existing petroleum-de...

Market & Tech Reports  Updated at: 2026/02/13

es from 2024 onward, and the Japanese OEM share is shrinking year by year. Looking at sales share by OEM in Thailand, in 2025 BYD was in fourth place, following Toyota, Isuzu, and Honda, with SAIC, Great Wall, and GAC also in the top 10.   In Latin America, Chinese manufacturers continue to set up plants and expand sales.  In Brazil, the share of Chinese OEMs grew from 1.9% in 2022 to 8.9% in 2025, which is beginning to affect the sales of Euro...

Market & Tech Reports  Updated at: 2026/02/09

y production capacity is estimated at 22GWh. In early December, construction began on a new energy industry project in Hubei Province by the Group's FinDreams Battery Co., Ltd. In addition, according to multiple reports, on December 5, BYD introduced a "Zero Defects" improvement plan at its battery plants beginning in Q3 of 2025. The plan calls for achieving zero defects at each stage of the full life cycle of battery products.   In mid-December...

Market & Tech Reports  Updated at: 2026/02/09

. The cuts implemented from June were arguably the most direct driver, which saw the group’s production and expansion pace in China slow significantly as night shifts were eliminated, reducing build volumes by at least one-third at some facilities. These measures were implemented in at least four plants, and plans for new production lines were deferred. Amid increasingly intense domestic competition, BYD’s adjustment of its production cadence...

Market & Tech Reports  Updated at: 2026/01/30

is diverse. It offers models from affordable starters to powerful premium bikes, catering to every segment.   The report analyzes India's ICE two-wheeler market and reviews the performance of leading OEMs.  It covers recent developments, production trends among major players, and their production plants and capacities. The report also covered updates on premium two-wheeler companies in India.   During FY 2024-25 (April 2024-March 2...

Market & Tech Reports  Updated at: 2026/01/30

Expo) Ford Everest Sport wrapped in Satin Rose Gold   Volvo Car Thailand unveiled the all-new XC60 at the Motor Expo, emphasizing driver-focused technology and authentic Scandinavian design. Its 731 sqm booth was styled as a Scandinavian pine forest, with tall pines, moss, ferns, and diverse plants highlighting sustainability.   The new XC60 blends family-friendly versatility, modern Scandinavian styling, and upgraded cabin comfort with O...

Market & Tech Reports  Updated at: 2026/01/27

mpany has also deployed dedicated support teams in Europe and ensures a well-established service network—including parts supply and training—before entering each market. Q2: Is production capacity sufficient for the European market? A2: BYD operates one of the world’s largest electric truck plants in China, with an annual capacity of 100,000 units, ensuring ample supply capability for Europe. All imported vehicles are designed and certifi...

Market & Tech Reports  Updated at: 2026/01/22

cline in sales volume in the U.S.   According to media reports dated November 14, Tesla has instructed its U.S. suppliers to eliminate Chinese-made parts used in the production of vehicles for the U.S. market. Tesla has been increasing the proportion of parts sourced from North America at its U.S. plants in line with preferential treatment under the Inflation Control Act (IRA), and is further strengthening this initiative in response to the curr...

Market & Tech Reports  Updated at: 2025/12/26

motorcycle production grew 11.3% y/y to 23.88 million units, while sales volumes rose 9.1% to 19.6 million units, marking the third consecutive year of growth. Sales of electric motorcycles totaled 1.211 million units, up 17.3% y/y. Suzuki and Honda are building new motorcycle production lines and plants in India. Honda has opened a research and development center in Bengaluru as electrification accelerates in India.   China's motorcycle produc...

Market & Tech Reports  Updated at: 2025/12/25

compressors are a key technology for electric vehicles (EVs) and hybrid electric vehicles (HEVs). Valeo announced that it has sold Spheros GmbH, a German manufacturer of air conditioning systems for buses, to investment firm H.I.G. Capital, effective July 1, 2024. The sale will not affect Spheros's plants, employees, customers, or suppliers, and the company will continue to operate under the Spheros brand. In May 2023, Valeo announced at Car Symp...

Market & Tech Reports  Updated at: 2025/12/22

rt for customers through connected technologies, such as "Hino Support," which keeps customers' operations running. Furthermore, to address the logistics issue of waiting for cargo and loading and unloading work, the company is currently operating an entry and exit time management system at its own plants and is currently analyzing the problem.   The development of new mobility vehicles is being carried out in local settings, with the support of...

Market & Tech Reports  Updated at: 2025/12/16