3 units.   The FTI attributed the divergence between domestic sales and exports to contrasting demand drivers. Domestic growth was supported by EV-related incentives under the EV 3.0 and EV 3.5 frameworks, alongside improved consumer sentiment driven by bookings from the 2026 Bangkok International Motor Show. In contrast, ICE pickup truck sales remained weak due to tight lending conditions, subdued purchasing power, and high household debt. Mean...

Market & Tech Reports  Updated at: 2026/05/21

Specifically, battery electric vehicle (BEV) volumes totaled 776,000 units, up 7.0% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 362,000 units, up 13.7% y/y; range-extended electric vehicle (REEV) volumes totaled 87,000 units, down 9.1% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 72,000 units, up 2% y/y. In the BEV market, wholesale volumes of A00-class micro vehicles (wheelbase ...

Market & Tech Reports  Updated at: 2026/05/13

this report summarizes the 2025 sales volume and performance and 2026 sales targets of major Chinese OEMs, as well as provides an overview of major automotive-related policies announced in Q1.   Chinese manufacturers are accelerating the deployment of "full-stack AI + advanced autonomous driving". SAIC, Geely, and Chery have successively announced upgrade strategies related to AI, promoting integration in areas such as cockpits, autonomous drivi...

Market & Tech Reports  Updated at: 2026/05/11

380,000 square meters. According to the event organizer, 1,451 vehicles were on display at this year's event, of which 181 were making their world premiere and 71 were concept cars. More than 200 press conferences were held during the show.   On April 24, Xiaomi Auto held a press conference at the motor show, where CEO Jun LEI announced the latest developments at Xiaomi Auto. The Xiaomi Vision Gran Turismo (VGT) was unveiled for the first time a...

Market & Tech Reports  Updated at: 2026/05/07

  The airbag was invented in 1963 by the Japanese inventor Yasusaburo Kobori as a passenger protection device for aircraft. Later, in 1967, the American company Eaton came up with the idea of using the airbag as a passenger protection device for automobiles. First adopted as an option by General Motors Corporation (GM) in the U.S. in 1973, the first application in Japan was in the driver's seat of the Honda Legend in 1985. The airbag was initi...

Market & Tech Reports  Updated at: 2026/05/07

Bangkok International Motor Show 2026 (1) Chinese OEMs NIO, XPeng, Changan, Chery, Geely, BYD, SAIC, GWM, GAC, and Dongfeng Summary NIO (Firefly) XPeng Changan Automobile Chery Group (Chery, Omoda & Jaecoo, Lepas) Geely (Zeekr, Riddara) BYD / Denza SAIC (MG, Maxus) GWM GAC Group Dongfeng Forthing   Thailand’s 47th Bangkok International Motor Show (47th BIMS / BIMS 2026) was held from March 25 to April 5, 2026, under the theme “The Iconic Syn...

Market & Tech Reports  Updated at: 2026/04/30

ng in a 3.8% y/y increase.   The closure of the Strait of Hormuz amid the U.S.-Iran conflict has caused crude oil and natural gas prices to rise, and concerns about energy shortages are spreading across the globe. Since rising fuel prices directly affect the cost of maintaining internal combustion engine (ICE) equipped vehicles, a prolonged period of high prices could provide a tailwind for EV sales; however, it also risks having a significant n...

Market & Tech Reports  Updated at: 2026/04/27

, but specifically to transmissions with the following configurations. Multi-speed transmission using a torque converter and hydraulic clutch (planetary or parallel-shaft type) In contrast to the above, systems that eliminate the torque converter and instead use a multi-plate clutch or an electric motor In contrast to the above, a system that retains the torque converter while also utilizing a clutch and an electric motor This report also exclud...

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

The Battery Show Asia 2026 From the exhibits of CATL, SAIC, and others Summary Comprehensive technology exhibits of NEV batteries and materials (CATL, REPT BATTERO, BTR, COSMX) SAIC and Hongjing Drive overseas expansion of NEV commercial vehicles   The Battery Show Asia (TBSA) 2026 was held at the AsiaWorld-Expo in Hong Kong from March 10 to 12, 2026. The Battery Show Asia 2026, alongside Energy Storage Asia and Mobility Tech Asia, took center s...

Market & Tech Reports  Updated at: 2026/04/14

0 Stellantis Fiat Strada S 150,000 0.7% F: Overall length 5.7m and above, M: Overall length 5.2–5.7m, S: Overall length less than 5.2m(Source: MarkLines – Customized sales data - Pickup truck) Ford F-Series(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 ...

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

ly, battery electric vehicle (BEV) volumes totaled 695,000 units, down 2.0% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 352,000 units, up 6.1% y/y; range-extended electric vehicle (REEV) volumes totaled 96,000 units, up 7.7% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 102,000 units, up 17% y/y. In the BEV market, wholesale volumes of A00-class micro vehicles (wheelb...

Market & Tech Reports  Updated at: 2026/04/10

ation (Denso) Marelli Corporation (Marelli); Highly Marelli Japan Corporation (Highly Marelli)   This report describes the future trends and current status of thermal management for lithium-ion batteries in BEVs (battery electric vehicles). Countermeasures for heat are also provided for e-Axles (motors, inverters, and reduction gears) in HVs (hybrid vehicles), PHEVs (plug-in hybrid electric vehicles), and BEVs, but these are excluded from the ...

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

resulting from policy changes such as the preferential tax treatment for New Energy Vehicles (NEVs), a decline in consumer sentiment, and the high sales levels in the same period of the previous year.   Amidst sluggish sales figures since the beginning of the year, with the Auto China 2026 Beijing motor show scheduled to open in April, a series of new models have been announced one after another since the end of the Spring Festival. BYD unveiled...

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

IIMS Indonesia International Motor Show 2026 Chinese and Japanese OEMs, Indonesian companies, Vinfast and more Summary Chinese OEMs: Chery, SAIC, Changan, Geely, GAC, GWM, BAIC, DFSK, XPeng Indonesian ：OEM / PLN VinFast Hyundai / Kia Japanese OEMs: Toyota, Daihatsu, Suzuki, Mitsubishi, Honda   The Indonesia International Motor Show (IIMS) 2026 was held at JIEXPO in Kemayoran, Jakarta, from February 5 to 15, 2026.   It is one of Indonesia's tw...

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

fically, battery electric vehicle (BEV) volumes totaled 421,000 units, down 12.2% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 246,000 units, down 12.9% y/y; range-extended electric vehicle (REEV) volumes totaled 55,000 units, down 20.1% y/y; and ICE-powered (ICE: internal combustion engine) hybrid passenger vehicle volumes totaled 52,000 units, down 3.4% y/y. In the BEV market, wholesale volumes of A00-class micro vehicles (wheelb...

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

ith the September 2025 Court of Appeals ruling.   On February 12, U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced deregulation measures that will repeal both the 2009 Greenhouse Gas (GHG) Endangerment Finding and all federal GHG emission standards for all vehicles and engines from model years 2012 through 2027 as well as model years 2028 and beyond. The final rule removes regulatory requirements for measuring, repor...

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

ull-scale product lineup Switching from exporting Chinese-made models to local production Chinese suppliers: Building an industrial cluster centered on electric powertrain components   The Thai automotive market is experiencing a generational shift in powertrains, with sales of internal combustion engine-powered vehicles falling by almost half in 2025 compared to 2020. Chinese automakers (OEMs) have seen their market share grow rapidly from 3.2%...

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

gained significant momentum in Q4 2025, surging 39.1% YoY in December, after rising 24.8% in October and 20.6% in November. Full-year sales increased 8.5% YoY to 621,166 units. December alone recorded 75,121 vehicles sold, nearly matching the more than 75,000 bookings generated at the December 2025 Motor Expo.   Growth was supported by higher registrations of electrified vehicles, particularly in the final month of EV 3.0 incentives. In contrast...

Market & Tech Reports  Updated at: 2026/02/20

hery maintains top position in exports, BYD up about 140%   For the full year of 2025, new vehicle sales in the Chinese market grew by 9.4% to 34.40 million units (based on factory shipments, including exports). In terms of sales volume by group, BYD continued to hold the top spot, followed by the SAIC Group in second place and Geely, which overtook the China FAW Group to move up to third place.   Chinese brands in the passenger car market main...

Market & Tech Reports  Updated at: 2026/02/19

ts for vehicles Pearl Machine (Thailand) Vehicle parts, vehicle ball bearings, automotive wheel hub parts and automotive wheel hubs Renown Flex Industries Vehicle parts and formed metal parts Seksun Technology (Thailand) Injector connector tube in vehicle power transmission system Xinwanbao Motor (Thailand) Commercial vans Germany DTS Dräxlmaier Automotive Systems (Thailand) Wiring harnesses for cars Hong Kong GAC Energy Technology (...

Market & Tech Reports  Updated at: 2026/02/17