, 2024 that it signed a Memorandum of Understanding (MOU) with EVme Plus Co., Ltd., an EV service provider under the umbrella of Arun Plus Co., Ltd. (Arun Plus) of Thailand, the EV business subsidiary of Thai oil giant PTT PCL (PTT). The companies will launch a virtual platform to develop sales and rentals of Great Wall Motor's EVs. The lineup will include Performance and Long Range versions of the ORA brand Good Cat / Good Cat GT, and 07. SAIC...

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

Norway and the Netherlands in the European market in the summer of 2025. Firefly Firefly interior   NIO ET9   The smart EV flagship sedan ET9 is a model whose release was announced at "2024 NIO Day" held on December 21, 2024. The price ranges from CNY 788,000 to 818,000, and if battery rental is used under the BaaS (Battery as a Service) system, it will be CNY 660,000 to 690,000. The vehicle dimensions are: Overall length 5,325mm x w...

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

otor system delivers 204 PS and 310 Nm of torque, driving the front wheels. The e:N1 also includes Honda SENSING safety features.   In December 2023, Honda announced the start of e:N1 production at its Prachin Buri Plant. Initially, the model was available in Thailand in 2024 exclusively through a rental program in collaboration with leading car rental companies. However, the carmaker later decided to switch to the CBU method for this model. ...

Market & Tech Reports  Updated at: 2025/05/08

raffic can function properly, there is a need for more service stations and bicycle workshops. Sharing concepts also make it possible to rent bikes and electric scooters for short distances in the city. Examples include Nextbike, which provides a service in many German cities and offers simple bike rental via an app, and the electric scooter providers Lime and Dott, whose service is based on the so-called free-floating principle, where users pick...

Market & Tech Reports  Updated at: 2025/03/28

tly over the admissible blood alcohol level allowed in the USA. The results were unambiguous. Changing the AI algorithm also allowed other impediments to be recognized such as drowsiness or the influence of marihuana – even simultaneously. 4-D RADAR WITH HIGH RESOLUTION   A test drive in a rental car equipped with Provizio’s radar solution proved to be very impressive. This solution is a software- defined antenna reference board based ...

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

. The selling rate climbed to 1.3 mn units/year in December, comfortably the best result of 2024; it was also the fourth month in a row where the selling rate exceeded 1 mn units. In YoY terms, December was up 29%, while the full-year result was a comfortable 7% up on 2023. Sales to individuals and rental companies both performed well according to data for the latest month. For the final month of 2024, the UK PV market closed the year flat YoY. F...

Market & Tech Reports  Updated at: 2025/01/09

2.86 mn units/year in October, and marking the first time since January 2015 in which the rate surpassed the 3.0 mn unit/year level. Strong consumer spending has been guiding the Brazilian LV market towards pre-pandemic levels, while unemployment continues to fall, credit availability improves, and rental car companies renew their fleets. In Argentina, Light Vehicle sales reached 33.3k units in November, slowing by 2.0% YoY. While sales did not i...

Market & Tech Reports  Updated at: 2024/12/17

1.81 mn units, a near 3% improvement from the same period in 2023. However, demand from private buyers continued to decline, down 3.3% YoY. The Spanish PV market registered 83k in November, a growth of 6.4% YoY. YTD sales now stand at 912k units, a 5% increase compared to the same period last year. Rental companies continue to drive demand, while purchases by individuals remain stagnant. Furthermore, EV sale remained disappointing as sales were d...

Market & Tech Reports  Updated at: 2024/12/09

egarding the future mandated targets. The Spanish PV market registered 73k units in September, a 6.3% increase YoY. Additionally, the selling rate increased by 23% MoM to 1.17 mn units/year. Year-to-date sales are now 745k units, a 4.7% increase YoY. The increase in registrations this month saw car rental companies as the main driver of this growth. Despite this, the private channel has performed well. Western European Passenger Car Sales ...

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

e unit focuses on a variety of different products and systems for applications such as 48V mild hybrids, plug-in hybrids, and fully electric vehicles. To develop its 48V powertrains, Schaeffler is also relying on collaborations with other companies. The company envisions a large market in 48V drive rental vehicles for inner city transport and focuses on the coordination and mechanical integration of 48V components to produce complete electric or ...

Market & Tech Reports  Updated at: 2024/09/05

JPY 4.19 (beginning of August 2024)   Activities related to electrified vehicles by OEM Honda On March 27, 2024, Honda Motor Co., Ltd. (Honda) announced the sales launch of the EV e:N1 SUV, which has been in production in Thailand since last December. First, the company will meet the demand for rental cars. The e:N1 will be produced on a line set up at a plant in Prachinburi Province in eastern Thailand. This is the first time for a Japanese ...

Market & Tech Reports  Updated at: 2024/09/04

Corporation) is a group company of Nidec Corporation and mainly handles inspection equipment for electronic components such as semiconductor package boards and printed circuit board current testing equipment. At the venue, the company was introducing test benches for motors and E-Axles, as well as rental and contract testing services for this equipment, IGBT/SiC power module inspection equipment, xEV modeling simulators, and DEWETRON GmbH-made p...

Market & Tech Reports  Updated at: 2024/08/27

reased slightly to 1.9 mn units/year — the fleet sector continues to drive sales in the market as its uptake rose 14.2%. The Spanish PV market registered 103k vehicles in June, a 2.2% improvement YoY. June’s selling rate remained broadly the same as last month at 1 mn units/year. Purchases by rental companies continue to uplift the PV market as the rental channel was up 15.4% in June. France continues to see weak registration figures — he...

Market & Tech Reports  Updated at: 2024/07/10

rformance. Additionally, as the ECB cut rates for the first time in June, and with further cuts assumed, we can expect consumption to receive a boost and push the market forward from recent poor performances. The Spanish PV market registered 95k vehicles in May, a 3.4% improvement YoY. Purchases by rental companies, as Spain attracts a record number of tourists, have boosted YTD sales up to 432k units (+6.9% YoY). The selling rate remained broadl...

Market & Tech Reports  Updated at: 2024/06/11

d half of this year, production in a stronger position to supply the market and vehicle prices edging lower, we view the growth outlook as positive, despite recent selling rate results. The Spanish PV market registered 92k units in April 2024, a 23.1% improvement YoY – the market was supported by rental companies building their fleets for the summer holidays. The selling rate rose to 1 mn units/year last month, the best result so far this year....

Market & Tech Reports  Updated at: 2024/05/10

(NEDC standard) on a single charge. It is also equipped with Honda SENSING Advanced Safety Technology and other comprehensive technology for comfort and safety. The SUV's overall dimensions are (LWH) 4,380x 1,790x 1,592 mm with a wheelbase of 2,607 mm.   Currently, the e:N1 is available through a rental program with the local leading car rental companies. Honda e:N1's interior Under the hood of Honda e:N1   At the front of the booth...

Market & Tech Reports  Updated at: 2024/04/26

ready been installed in areas including Beijing, Shanghai, Shenzhen, and Qilianshan National Park, which stretches from Qinghai Province to Gansu Province. The first 10 V2G destination charging stations were operational in Shanghai in January 2024. Battery upgrade: "Battery Flexible Upgrade Daily Rental Service" began in July 2023. Users of the standard range battery pack (70/75kWh) can upgrade to the long range battery pack (100kWh) when neces...

Market & Tech Reports  Updated at: 2024/04/24

cted vehicle data and data on available charging stations Mobilize Plug Inn app (a French peer-to-peer Ev charging community) Renault Group Smart parking space sensors Orange Module combining NB-IoT cellular communication and localisation by satellite STMicroelectronics Self-service bicycle rental service JCDecaux In-car payment related technologies Open messaging platform enabling booking and payment via chatbot Orange APIs/SDKs for ...

Market & Tech Reports  Updated at: 2024/04/18

. Demand in upcoming months may benefit from the new car incentive plan unveiled by the Italian government. The Spanish PV market in January 2024 registered 69k vehicles, 7.3% higher YoY, with a selling rate of 960k units/year — the market performance continues to improve, helped by growth in the rental channel. Western European Passenger Car Sales                                    Sales (Units) Selling ...

Market & Tech Reports  Updated at: 2024/02/08

k through this level. As the result for the year is finalized, the selling rate for December increased to 2.57 million units/year, up from 2.40 million units/year reported in November. Inventory levels dropped further in December to 210.1k units, down from 251.5k units in November, driven mainly by rental companies. In Argentina, Light Vehicle sales reached 17.4k units in December, down by 5.1% YoY. Historically, sales are extremely weak in Decem...

Market & Tech Reports  Updated at: 2024/01/18