nko Materials) became a consolidated subsidiary of Showa Denko K.K. through the acquisition of shares by HC Holdings K.K., a wholly owned subsidiary of Showa Denko K.K. The company announced that the trade name will be changed to Showa Denko Materials Co., Ltd. from October 1, 2020. The acquisition price was approximately JPY 960 billion. In the area of brake parts, the company produces disc pads, linings, and drum brakes (manufactured by Japan B...

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

hth place with 25,000 units. A tough competitive environment is seen where sales of competing models are neck and neck, mainly in the Chinese market.   The BYD Seagull experienced a large sales volume increase of 56.5% compared to the same month last year. The car is highly competitive in terms of price and driving range compared to rival vehicles in China, which has led to increased sales. On the other hand, Tesla's volume declined significantl...

Market & Tech Reports  Updated at: 2025/05/26

forecasts a 4.5% YoY decline in total vehicle sales for 2025, pointing to downside risks such as the ongoing U.S.-China trade tensions and potential mid-year revisions to Malaysia’s fuel subsidy policy.   In a related development, the Malaysian government has dismissed reports of a potential 30% price increase for CKD vehicles and motorcycles in 2026. The Ministry of Finance (MoF) and the Ministry of Investment, Trade and Industry (MITI) clari...

Market & Tech Reports  Updated at: 2025/05/21

, to 1.47 mn units, and increasing by 7.0% YoY on aselling day-adjusted basis. The annualized selling rate eased to 17.4 mn units/year in April, from 17.8mn units/year in March. The pull-forward effect first noted in March – when consumers rushed tomake purchases ahead of potential tariff-related price rises – was still present in April, but the paceof sales appeared to weaken later in the month. This could be a sign that the initial surge ha...

Market & Tech Reports  Updated at: 2025/05/21

o release a five-seater full-size SUV and a six-seater large SUV in 2026. Avatr also plans to release 17 new models by 2030, covering a lineup of sedans, SUVs, MPVs and sports cars. Avatr 06 Launched on April 19. It is available in EV and range extender configurations. Five models are available. Prices range from CNY 209,900 to 279,900. The exterior design concept adopts a futuristic and sporty aesthetic. The vehicle dimensions are: Overall le...

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

sary for robotaxis. Vinfast is currently in the process of reducing the number of LiDARs while reviewing the change in their performance. For passenger cars, Vinfast is not considering LiDAR technology due to maintenance issues and associated costs. He cited infrastructure and an affordable vehicle price as other important prerequisites for autonomous vehicles. Finally he stated that Asian people are more open to new technologies due to the fact ...

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

call for an eventual expansion to 8,181 installations. As of March 2024, 14 of the 18 passenger car models sold by Maruti Suzuki in India are available in CNG (compressed natural gas) versions that can run on both gasoline and E20.   Comparison of gasoline and CNG versions of Wagon R Retail price Fuel consumption Fuel price Running 10,000km Fuel expense CO2 emissions Gasoline vehicle INR 554,500 24.35km/L INR 94.72/L INR 39,000 974kg ...

Market & Tech Reports  Updated at: 2025/05/15

est product lineup and technological capabilities. The Dynasty-D concept car, which made its world premiere, uses a "dragon" as its design motif. The mass-produced model is targeted at the CNY 400,000 class, full-size SUV market. At the same time, the new "Han L" and "Tang L" series were exhibited. Prices range from CNY 200,000 to CNY 300,000. The new flagship "Xia" MPV, which was released in January 2025, was also unveiled.   The Ocean Series f...

Market & Tech Reports  Updated at: 2025/05/14

e OEMs are introducing a wide variety of EV models, including hatchbacks, sedans, SUVs, and pickup trucks. In addition to BEVs, the companies have also introduced HV and PHV models in response to the recent increase in demand for hybrid vehicles in the Thai market. Like BEVs, Chinese OEMs offer low-priced HV and PHV models, such as BYD's PHV mid-size SUV priced at THB 939,900, and in the future, competition with HV and PHV models from Japanese ma...

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

series of models at this year's Auto Shanghai motor show. In addition to the world premiere of the all-new B01, the global model B10 based on LEAP 3.5 architecture, and the C-series SUV family, C16, C11, and C10, were also exhibited.   The new B01 electric smart sedan made its world premiere. The price is in the CNY 150,000 range, and the product is scheduled to be launched in July 2025. The dimensions of the B01 are: Overall length 4,770mm x w...

Market & Tech Reports  Updated at: 2025/05/09

025.   Regarding the additional 25% tariffs on automobiles and automobile parts under Section 232, importers of products under the USMCA will be given the opportunity to prove that they contain U.S.-produced parts, and a system will be introduced whereby the 25% tariffs will only be applied to the price of parts other than those made in the U.S.  For example, if a vehicle imported from Mexico contains USD 5,000 in U.S. parts, the additional tar...

Market & Tech Reports  Updated at: 2025/05/02

ry source of profit. Stephanie Valdez Streaty highlighted financial incentives, specifically manufacturer incentives, as a driving force promoting EV adoption. The proliferation of NACS as a widely accepted charging standard is also expected to increase EV adoption in North America.   Regarding EV price concerns, Sree Palle felt that advancements in battery chemistry, 800V architectures, and the development of a regional supply chain would decre...

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

ing affordable EVs for the Mexican domestic market.   The Olinia will be the first EV designed and assembled entirely in Mexico, and will be available in three models with sales starting in 2026: a model for personal use, a model for neighborhood mobility (cab), and a model for urban delivery. The price range is expected to be MXN 90,000 to 150,000 (approximately USD 4,600 to 7,600), and all models are scheduled to be launched during President S...

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

Full-year build is projected to rise by 5.8% YoY to 6.1 million units in 2025.Renault‐Nissan‐MitsubishiWe estimate that RNM’s global output fell by 7.1% YoY in Q1 2025, the fifth consecutive quarter of decline. Nissan assembly in China dropped by 53k units (-33.1% YoY) because of the ongoing price war alongside the closure of its Changzhou plant in 2024, causing it to lose considerable market share. Similarly, the fierce competition in Chi...

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

U.S. has launched has had a significant impact not only on imported vehicles, but also on the supply chain of the entire automotive industry. In particular, the additional 25% tariff on automobiles and auto parts that took effect on April 3 covers all non-U.S.-made products, and non-U.S. component prices are subject to the tax even if they meet the rules of origin of the USMCA (U.S.-Mexico-Canada Agreement). This will have a major impact not onl...

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

alance between performance and fuel efficiency, allowing the vehicle to accelerate from 0 to 100 km/h in just 8.5 seconds. Its 18.3 kWh battery enables EV mode driving for up to 106 km and provides a total driving range of up to 1,300 km (based on NEDC standard). Bookings are now open. The official price will be announced soon.   The company also introduced the JAECOO 6 EV Long Range 2WD PRO, a new variant added to the lineup after the Long Rang...

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

The main specifications (BEV models) of the Han L, a full-sized sedan, and the Tang L, a full-sized SUV based on Super e-platform technology, which were officially launched on April 10, are summarized below. Han L EV Tang L EV Full-sized sedan Full-sized SUV Manufacturer's suggested retail price (CNY 10,000) 21.98-27.98 23.98-28.98 Overall length (mm) 5,050 5,040 Overall width (mm) 1,960 1,996 Overall height (mm) 1,505 1,760 Whee...

Market & Tech Reports  Updated at: 2025/04/23

the US, China, and Western Europe all experienced growth in March 2025. However, US protectionist policy and related uncertainty are set to have a tangible impact on the global economic landscape through this year and beyond. In the US market, there was a clear pullforward effect due to the looming price hikes because of tariffs on automobiles. In China, sales will remain steady due to stimulus measures implemented by the Chinese government. ...

Market & Tech Reports  Updated at: 2025/04/18

technology) as its next-generation areas for growth. The field currently driving sales growth is AI, with the company’s AI servers in particular accounting for over 40% of the global market share.     CMS and CDMS CMS and CDMS   Mr. Seki stated that Foxconn will work on high- and low-price range (e.g., commercial vehicles, taxis) EVs. In both areas, Foxconn will develop its CMS (Contracted Manufacturing Service) business, in which ...

Market & Tech Reports  Updated at: 2025/04/17

o hold a combined 30% stake.    According to MarkLines data, in 2024, sales of the HIMA series models using the Smart Selection Car method increased 336.3% y/y to 456,000 units. In addition to Aito, a brand partnered with Seres, Luxeed, a brand partnered with Chery, also performed well.  From a price standpoint, the HIMA series models have a mid/high end position, priced at over CNY 200,000.  The largest sales volume of HIMA series...

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