rics) since 2022, and are currently conducting field tests to verify their performance during ultra-fast charging. In July 2024, Valeo sold its Thermal Commercial Vehicles business unit in accordance with a EUR 500 million asset sale plan. This transaction was completed on June 30, 2024, for a sale price of EUR 212 million. In February 2024, the Valeo Group announced new cost reduction measures to improve the operational efficiency of its powertr...

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

e to the overall decline in new car sales, the share of xEVs in Chinese domestic sales increased from the previous month to 52.9%. In addition to changes in the New Energy Vehicle (NEV) support measures starting from January and the impact of the Chinese New Year holiday in late February, excessive price reduction of BEVs and PHEVs is being restrained in response to intensive competition in the Chinese market, leading to ongoing uncertainty beyon...

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

ding to the organizers, the event attracted 580,250 visitors and generated IDR 8.7 trillion (approximately JPY 81.5 billion) in sales during the period. Although the number of visitors decreased slightly from 2025, sales increased. IIMS 2026 entrance   There had been speculation that EV prices might rise in 2026, but so far prices have remained unchanged. Instead, there is a trend towards increasing the unit price by adding value thro...

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

Industry’s best AI Performance per Watt.” FIGURE 3Glen de Vos shows the Movia-S lidar sensor from Microvision, available for around 200 US dollars   In Las Vegas, Microvision presented the Movia-S short-range lidar sensor, which covers an angle of 180° and is expected to be available at a price point of 200 US dollars. “Because everything in the automotive industry revolves around costs, we will have to get lidar sensors down to price...

Market & Tech Reports  Updated at: 2026/03/26

the start of reservations. In this study, a partial teardown of the interior instrument panel was carried out. The analysis focused on design-related aspects such as material quality expression, styling design, and component configuration. The vehicle examined was the standard version of the SU7, priced at CNY 215,900. It is equipped with a 73.6 kWh Blade Battery produced by BYD Company Limited (BYD) and has a CLTC driving range of 700 km. Fast...

Market & Tech Reports  Updated at: 2026/03/18

Japanese OEMs' BEV Sales in China Recover Toyota bZ3X, Nissan N7: Local-spec equipment and prices improve competitiveness Summary Japanese BEV models doing well in the Chinese market Toyota bZ3X (C-segment SUV BEV) Nissan N7 (D-segment sedan BEV) Honda S7/P7 (D-segment SUV BEV) Japanese BEV launch plans and NEV market trends   In recent years, Japanese automakers (OEMs) have been struggling with product deployment and price competition in the C...

Market & Tech Reports  Updated at: 2026/03/17

enger cars in China is accelerating, and the industry has already entered the large-scale adoption stage. (Source: Created by MarkLines based on presentation content)   The implementation scenarios for NOA (Navigate on Autopilot) are expanding from highways to complex urban roads, and the price range of equipped models continues to fall. From January to October 2025, major NEV manufacturers such as BYD, Xiaomi, NIO, and XPeng led the in...

Market & Tech Reports  Updated at: 2026/03/16

has been receiving an increasing number of inquiries, driven by the 2029 North American nighttime pedestrian AEB (Automatic Emergency Braking) mandate. An advantage of using zinc sulfide (ZnS) is that it is sintered, eliminating the need for polishing and making it suitable for mass production. The price is higher than that of ordinary glass, but this is not so much of a problem because of the high price of the far-infrared elements themselves. W...

Market & Tech Reports  Updated at: 2026/03/06

hybrid vehicle sales grew by 100% year-on-year, outperforming BEVs Brazil: Approximately 80% of new vehicle sales are flex-fuel vehicles Europe: The market share of hybrids has expanded to 35%   Given the wide variation in charging infrastructure, electricity generation mixes, user behavior, and price sensitivity across regions, Scholten CTO stresses that “one size fits all doesn’t exist.” Technology choices must be aligned with regional...

Market & Tech Reports  Updated at: 2026/03/06

mpact of changes in New Energy Vehicle (NEV) support policy, such as the switch from full exemption of vehicle purchase taxes until the end of 2025 to half exemption in 2026, and the change from fixed amount subsidies for vehicle replacement to a format where subsidies vary according to the vehicle price. The increase in Thailand can be attributed to the fact that this was the final month of incentives under the EV 3.0 scheme (EV promotion measur...

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

Group surpassed the 10,000 unit mark in just a year, up from its triple-digit sales volume in 2024.   In addition, with the rise of more high-end and distinctive brands such as XPeng (+1,463.5%), Chinese OEMs' models in Thailand are expanding from affordable, mass-market models to vehicles in all price ranges. (Unit: units) The table can be scrolled left and right Rank Group 2020 2021 2022 2023 2024 2025 y/y change 1 Toyota 253,910 259...

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

sign and texture expression Summary What is Perceived Quality? BYD U8 interior components survey (Door trim) Structure of main components Material and texture Points of interest from a perceived quality perspective   MarkLines Co., Ltd. (MarkLines) purchased a top-of-the-line BYD Yangwang U8 (base price approx. JPY 23 million), which is BYD Co. Ltd.'s (BYD’s) flagship model introduced into the large off-road vehicle market as part of its expan...

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

nted for 47.5% of the total exports of domestic brands, showing high growth particularly in Europe and Southeast Asia. This demonstrates the increasing global competitiveness of China's automotive industry and strong overseas demand. New model launches remained steady in 2026, and the opposition to price wars effectively curbed disorderly price cuts, with NEV promotions maintained at 10.1% in January. The historical pattern of ICE vehicles perfor...

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

BEV Sales Continue to Grow; Chinese OEMs Show Rapid Progress Electric vehicle sales up 18% in 2025, Chinese OEMs accelerating overseas expansion Summary Electrified vehicle market (12 major countries and 3 Nordic countries) Electric vehicle sales in major countries: Impact of incentives Electrified vehicle OEM rankings (2025 sales volumes) BEV sales trends of Chinese OEMs: Price competition and export expansion Breakthrough by Chinese OEMs: Accel...

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

ssued the Rules in December, and they will go into effect on January 1, 2026. The registration period for used cars that are eligible for the 2026 automobile scrapping and renewal subsidy has been clarified. Subsidies will be provided for car replacement based on a percentage of the new car's sales price. Subsidies of up to CNY 20,000 will be provided for scrapping vehicles, and up to CNY 15,000 for replacement vehicles. Notice Regarding the De...

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

by 2025, then you will – I fear – fail in the market.” This analysis was denied at the time by the then CEO of the Volkswagen Group, Dr. Herbert Diess, in their joint interview, but it has now turned out to be precisely as predicted [4].   The strategy of focusing almost exclusively on high-price premium electric vehicles appears to have failed. Instead, electric mobility should have been democratized, including a general restructuring of...

Market & Tech Reports  Updated at: 2026/02/05

hile there is some improvement in market conditions in Europe and Asia, the bulk of the reason for greater optimism relates to the North American market, where incoming actual data has exceeded expectations. The market has continued to post solid selling rates, helped by average vehicle transaction prices staying stable, even in a higher tariff environment than seen at the start of 2025.  ChinaIn January-November, LV sales grew by 8.5...

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

ract by 3.8% YoY in Q4 2025, tempering full-year growth to 0.4% with 8.75 mn units built in 2025. Output has been affected by the introduction of Trump tariffs from April 3, 2025, with sales of group imports in the US falling by 21% YoY from Q2-Q4 2025. Despite the government intervention in the “price war” at the end of May 2025, slowing demand in China amidst tough competition from Chinese OEMs has also contributed to the group’s Chinese ...

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

and materials is shifting to computing power and user experience. There is a shift from relying on traditional brand premiums to creating value through technology premiums. The process of Chinese automakers moving to the high-end of the market must break away from the trend of gaining scale through price, and move to a new stage of building a high-value-added development model by driving innovation throughout the value chain through the coordinat...

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

nsultant Co., Ltd. (IMC), the top five car brands by bookings were Toyota (10,872 units), Honda (6,278), BYD (6,212), Omoda and Jaecoo (5,217), and GAC (5,019). Among motorcycles, Lambretta led with 785 units, followed by Yamaha (680), Deco (654), EM (618), and Zontes (615). The average transaction price at the event was THB 1,122,347 per car and THB 177,637 per motorcycle. Enhanced transport services and VIP experiences drew 1,521,296 attendees,...

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