als, and production processes is being actively conducted to reduce the cost of drive motors and to increase their efficiency and versatility. Particular attention is being paid to cost-effectiveness improvements that lead to price reductions and improvements in energy density that lead to extended range. A major trend going forward will be the use of alternative, more sustainable raw materials, and one example of a new technology that has recent...

Market & Tech Reports  Updated at: 2025/12/09

way. Suzuki e Vitara (Photo:Copyright ©SUZUKI MOTOR) Hyundai/Kia   According to the latest plan announced in 2024, the Hyundai/Kia Group aims to sell 1.33 million HEVs by 2028 and 2 million EVs by 2030, expanding its EV lineup to 21 models, while focusing on the development of HEVs and range-extender vehicles in response to the declining demand for EVs. The North American Hyundai Motor Group Metaplant America (in Georgia, producing f...

Market & Tech Reports  Updated at: 2025/12/01

te common on the European market, but as we will see from the cockpit photos in the following chapters, there is a clear trend toward type 4 and 5 cockpits. The new models that have recently come onto the market have a tidy cockpit, as the displays are largely integrated into one unit and are all arranged at almost the same height, creating a homogeneous display landscape.Type 6 shows that physical displays might disappear in future cockpits as w...

Market & Tech Reports  Updated at: 2025/11/20

tions, so the system in one’s car can connect to the Internet without having to connect to a smartphone (connect to the Internet via tethering, for example) to access Internet content.   The product lineup includes three screen sizes (7-, 8-, and 9-inch), allowing customers to select from a wide range of models to suit their vehicles. Panasonic Automotive Systems Co., Ltd.   Known by the trademark "Strada," the company's navigation system lin...

Market & Tech Reports  Updated at: 2025/11/11

Hella GmbH & Co. KGaA (Hella, a company of the Group Forvia) in Europe.   There are six companies that directly supply Japanese OEMs with lighting products for models manufactured in Japan and are described in Section III below. Among them, the top three, Koito, Stanley, and Ichikoh, offer a full range of four of the product categories, excluding ECUs, mentioned above. The bottom three companies listed, Imasen Electric Industrial Co., Ltd. (Ima...

Market & Tech Reports  Updated at: 2025/10/20

t in hybrid, and other electrified vehicles, electric power runs the compressor. The refrigerant compressed by the compressor is then sent to the condenser. Here, the high-temperature, high-pressure refrigerant releases heat as it passes through the condenser, in which many rows of thin tubes are arranged, and is transformed into a low-temperature, high-pressure liquid refrigerant. The condenser is made of aluminum with excellent thermal conducti...

Market & Tech Reports  Updated at: 2025/10/07

lled 10 times more accurately than conventional LED glare-free high beam systems. Additionally, from a safety perspective, road warnings and driving support images can be projected directly into the driver's field of vision. The product is also sold at an affordable price that can be used in a wide range of cars. In 2023, it was installed in the trinocular headlights of the VW Touareg. ZKW Group microZ-LED headlight   The ZKW microZ-LED headligh...

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

ng increasingly adopted because they are advantageous in terms of redundant design. This is because a redundant design is not practical in the case of a conventional brushed motor due to its structure (it would be necessary to have a structure in which two commutators are provided and brushes are arranged on both sides). In the case of a brushless type, multiple rotation angle sensors are needed, but the relatively simple redundant design is the ...

Market & Tech Reports  Updated at: 2025/08/21

will be based in Ahmedabad, engaged in the development, manufacturing and sales of automotive fabrics. Adient is the majority shareholder in the new company with a 50.5% share of the company. New product development: In December 2024, Adient announced that it was collaborating with Jaguar Land Rover (JLR) and Dow Inc. to produce seat foam for luxury vehicles using closed-loop recycled parts. This initiative, represents an industry-first in t...

Market & Tech Reports  Updated at: 2025/08/06

uring) and the former Kansei (formerly Kanto Seiki), as the company name implies. In 2004, it also acquired Tokyo Radiator Manufacturing Co., Ltd. Exhaust system parts flow from the former Calsonic. As a supplier resulting from the merger of two diverse companies, its product lineup includes a wide range of electronic products such as meters and ECUs, interior parts and cockpit modules, heat exchangers including air conditioning equipment, as wel...

Market & Tech Reports  Updated at: 2025/06/19

products (Source: Compiled from government agency announcements and various media reports.)   Additional tariffs on Chinese products   On February 4, 2025, President Trump postponed additional tariffs on Mexico and Canada for one month, while imposing additional 10% tariffs on China on a wide range of goods. On March 4, the Trump administration also imposed a further 10% tariff for what it claimed was China's refusal to crack down on the fl...

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

at they are collaborating to address vehicle seating challenges presented by designs for future cars and the incorporation of autonomous driving technology. The project will initially be focused on optimal integration of Autoliv’s airbag system safety components into the non-traditional seating arrangements of the future car and on enhancing existing seat-mounted airbag systems and new far-side systems for Euro NCAP. In June 2017, Zenuity, a 50...

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

lison). GM is strongly promoting BEVs, especially large SUVs, and the number of 10-speed vehicles is decreasing as a result.   Models with seven or fewer speeds still remain, but with the exception of Toyota/Lexus and Hyundai Motor Company (Hyundai) (for HEV only), the models that use them are mid-range or lower class passenger cars. Even the small European Fiat 500 uses a 9-speed. The Toyota 4Runner was a 5-speed vehicle, but both the HEV and I...

Market & Tech Reports  Updated at: 2025/04/15

on (FY ended December 2023) and 237,104 employees worldwide (as of December 31, 2023). In May 2024, the company announced that sales in Japan in 2023 were up about 23% from the previous year to about JPY 420 billion, the highest ever since it began operations in Japan. Sales increased across a wide range of products, from hardware to software, thanks to the start of full-scale production of electrification equipment and other related products. Bo...

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

ehicles (NEVs: BEVs, PHEVs, FCEVs), and will promote research and development of five core technologies. The company accelerated its shift to an NEV strategy in 2023, and in its passenger car business, it formulated a development strategy that combines a number of technology routes, including PHVs, range extender EVs, BEVs, and FCVs. At its 2024 technology event, the company reiterated that intelligence and AI will be the core of its future techn...

Market & Tech Reports  Updated at: 2025/03/07

4, followed by Sealion 05 in the second half of the year. BYD's best-selling model in 2024 was the Song PLUS, with 512,000 units. Second place in sales was Chery Automobile, the top exporter, with 2.468 million units sold, up 43.7% from the previous year. In third place was Geely, which has a rich range of brands, with sales up 26.6% y/y to 2.458 million units. Seres Group Co., Ltd. (Seres), which entered the top 10 for the first time, saw a 2.8...

Market & Tech Reports  Updated at: 2025/02/19

e significant strides toward new energy, sustainability, and cost-effective transportation technologies. To showcase these innovations and newly developed models, industry bodies, with the support of the Government of India, organized the Bharat Mobility Global Expo 2025. The event attracted a wide range of participants, including major original equipment manufacturers (OEMs), suppliers, battery manufacturers, and other key players from the trans...

Market & Tech Reports  Updated at: 2025/02/13

2023, most months saw double-digit growth. However, in the second half of the year, the sales momentum became more stable, with consistent growth observed, except during the festive season.   During the festive season (September-November), passenger vehicle sales peaked, driven by a wider product range, improved supply levels, and attractive consumer offers. In October 2023, the market recorded its highest sales to date. Monthly sales com...

Market & Tech Reports  Updated at: 2024/12/23

teraction and intelligence.   Market size and penetration rate   The intelligent cockpit market size is projected to exceed CNY 150 billion in 2024 (maintaining an average annual growth rate of about 15%). In particular, the penetration rate of intelligent cockpits in vehicle models in the price range of CNY 100,000 to CNY 750,000 (in 2023, this price range had a sales volume share of around 75%) is expected to reach 50%. Among such vehicles, ...

Market & Tech Reports  Updated at: 2024/12/19

em, developed in-house. The company also plans to unveil an all-new large flagship SUV in Q4 of 2025 that will be the first to be equipped with NVIDIA Corporation's DRIVE Thor chip. Two types of electric powertrains will be available: BEV and Super Hybrid (combining the advantages of BEV, PHEV, and range extender technologies). In 2025, the company further plans to release a new shooting brake model developed based on the 007. NEV headquarters ...

Market & Tech Reports  Updated at: 2024/11/05