GlobalData Global Light Vehicle Sales Update (November 2025) Summary Commentary For November, the Global Light Vehicle (LV) selling rate remained strong, at 95 mn units/year, only slightly below October’s result. In year-on-year (YoY) terms, the market fell 2% as sales totaled 8.1 mn units globally. Year-to-date (YTD), 83.6 mn vehicles have been sold, up 4% from the same period in 2024. The key markets of the US, Western Europe, and China saw...

Market & Tech Reports  Updated at: 2025/12/19

e system. In addition, some models support BSD (Blind Spot Detection), ALC (Auto Lane Changing), and highway navigation assistance functions. Aion UT super   The Aion UT super is a model jointly developed by JD.com, GAC, and CATL, and officially rolled off the production line on November 5, 2025. Sales will be conducted exclusively on the JD.Com platform.   JD.com accurately understands user needs based on consumption data and special surveys...

Market & Tech Reports  Updated at: 2025/12/16

importing the Actros and Arocs heavy-duty vehicles into Japan, a long-awaited success. There was no briefing at the Show, but the company's press release is summarized as follows. Daimler Trucks launched its ultra-heavy transport vehicles, the Actros and Arocs, in the Japanese market in September. Sales and service will be handled by Y-Engineering Co., Ltd. (Y-Engineering), which has been importing and selling Mercedes-Benz Unimog and Econic spe...

Market & Tech Reports  Updated at: 2025/12/16

Inoac Corporation (Inoac) is an unlisted, independent supplier. A pioneer in polyurethane foam, the company is a leading manufacturer of interior and exterior components based on urethane, plastic, rubber and composite materials. Inoac supplies products primarily to Toyota, Nissan, and Mitsubishi. Sales for the fiscal year ended December 31, 2024 were JPY 196.2 billion. The company manufactures mainly interior parts such as instrument panels an...

Market & Tech Reports  Updated at: 2025/12/15

n important turning point from rapid expansion to quality development.   Market size and penetration rates are expanding and increasing significantly. The number of NEVs sold in China in 2024 was approximately 12.88 million units, with a market penetration rate of approximately 40.9%. In 2025, NEV sales are expected to surpass 14.9 million units, with penetration rising to about 53%. Sales of NEV passenger cars and commercial vehicles have incre...

Market & Tech Reports  Updated at: 2025/12/11

ack   Hyundai Motor Company (Hyundai) re-entered the Japanese market in 2022, selling the NEXO and IONIQ 5, among others.   The new NEXO (NH2 model) will be unveiled at the Seoul Mobility Show in April 2025, and in Japan, it was unveiled as "The all-new NEXO" at the Japan Mobility Show 2025, with sales scheduled to begin in the first half of 2026.   The all-new NEXO's FC stack now delivers a maximum total output of 110kW, up 16% from the previ...

Market & Tech Reports  Updated at: 2025/12/11

GlobalData European Passenger Car Sales Update (November 2025) Summary Commentary For November 2025, the Western European PV market grew for a fifth consecutive month. Sales were up nearly 2% YoY, with a total of circa 950k units. YTD sales are up over 1% compared to the same period in 2024, at 10.7 mn units. Supported by the recent positive results, GlobalData now expects 2025 will eclipse 2024 by 1%. Across the five largest Western European m...

Market & Tech Reports  Updated at: 2025/12/10

China Passenger Car Association (CPCA) report - December 2025 Analysis of China's passenger car sales in November and outlook for December China passenger car production and sales volumes in November 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for...

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

Analysis Report: EV/HV Drive Motor (European Market) Diversifying drive systems List of Suppliers Introduction I. Overview Ⅱ. Motor technology trends III. List of European OEMs that manufacture drive motors in-house Ⅳ. Sales and strategies of major drive motor suppliers (overall trends) Ⅴ. Drive motor suppliers by vehicle model Bosch Valeo Continental BorgWarner ZF Magna Denso Nidec PSA emotors Mitsubishi Electric Astemo Schaeffler Mahle R...

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

Analysis Report: CVT (Japanese, U.S. and European markets) CVTs becoming increasingly unique to the Japanese market List of Suppliers I. Introduction II. Overview III. Activities of major CVT manufacturers and in-house OEMs IV. CVT component suppliers overview V. CVTs and suppliers by vehicle model Ⅵ. Sales of major CVT suppliers VII. CVT manufacturing sites (suppliers and OEM in-house) JATCO Aisin Akashi-Kikai Industry Punch Powertrain Zhejia...

Market & Tech Reports  Updated at: 2025/12/08

ion strategy. Currently, the service is already available in 31 countries and regions, with more than 2.4 million charging stations. XPeng charging stations are already deployed in Singapore, Thailand, Malaysia, and Israel. Going forward, the company will focus on expanding its services to overseas sales cities, and will also utilize integrated energy storage and charging technology to address the issue of power shortages.   The company will con...

Market & Tech Reports  Updated at: 2025/12/02

incentive payment conditions will be set from 2025 to 2029 with the ZLEV ratio set at 25% for passenger cars and 17% for vans, and abolished after 2030; Exemption for low-volume manufacturers (less than 10,000 passenger cars/year and 22,000 vans/year) abolished in 2035; Separate proposal regarding sales of CO2-neutral fuels (eFuel, hydrogen, biofuels, etc.) consistent with EU regulations.   For heavy-duty vehicles, in February 2023, the Europe...

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

overseas in earnest after forming a strategic partnership with Stellantis in 2023. That year, it sold about 144,000 vehicles, doubling to around 300,000 units the following year. This year, the company aims to reach 500,000–600,000 units. Over the past six months, Leapmotor has maintained the top sales position among China’s emerging EV manufacturers, with momentum continuing to build. The brand now operates around 700 locations across Europe...

Market & Tech Reports  Updated at: 2025/11/28

SAE China 2025: Technology Roadmap 3.0 for Energy Saving and NEVs By 2040, over 80% of sales to be NEVs; smart connected cars will reach L4 Summary China's automotive industry targets for 2040 Industry-wide technology Roadmap classifications Energy-efficient vehicles: Approx. 30% of passenger car sales in 2040 NEV: Market penetration rate will be over 85% in 2040, of which BEVs will account for 80% Intelligent Connected Cars: Towards full deploym...

Market & Tech Reports  Updated at: 2025/11/27

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (October 2025) Electric vehicle sales in October increase 10.5% y/y to 1,783,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains) About this ...

Market & Tech Reports  Updated at: 2025/11/26

ASEAN Vehicle Sales and Production Update (Q3 2025) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - September 2025 Thailand BEV sales by OEM ASEAN News Topics (Q3 2025)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailand, Malaysia and Vietnam include revisions from ...

Market & Tech Reports  Updated at: 2025/11/25

a DM-i model, which will be launched for the first time in the Japanese market. In addition, the entire lineup currently available in Japan was also on display, demonstrating the breadth of product offerings in the Japanese market. According to BYD's announcement, the passenger car division's total sales in Japan (up to the time of the press conference) were 7,123 units. Japan-exclusive mini-EV RACCO to be introduced in summer 2026   The highlig...

Market & Tech Reports  Updated at: 2025/11/21

GlobalData Global Light Vehicle Sales Update (October 2025) Summary Commentary For October, the Global Light Vehicle (LV) selling rate saw its second strongest month of the year, with 96 mn units/year, fractionally behind the August result. In year-on-year (YoY) terms, the market grew 3% as sales reached 8.2 mn units globally. Year-to-date (YTD), 75 mn vehicles have been sold, up 5% from the same period in 2024. The key markets of the US, We...

Market & Tech Reports  Updated at: 2025/11/21

Indian market 5-year forecast: New car sales to exceed 6 mn units in 2030 Passenger car market analysis: segment structure, sales volume by OEM Summary GlobalData Sales Forecast: India’s light vehicle sales to exceed 6 million units in 2030 2025 and medium-term trends in the passenger car market Reduction in GST for the automotive sector Passenger cars segment performance in 2024 Passenger car market segment structure OEM analysis of passenger ...

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

veryday life easier. Digital instrument cluster and extended HUD The standard 10-inch digital instrument cluster can be complemented by a windshield-type HUD depending on version. Mercedes-Benz CLA The third generation of the CLA will be the first Mercedes model to debut on the MMA platform. At the sales launch in May 2025, only full EV versions were available. Mild hybrid versions are expected to follow by the end of the year. The CLA will also ...

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