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Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
RA. The first model to be launched in the Thai market is the RD6 electric pickup truck. King Long Motor It was reported in July 2024 that Xiamen King Long United Automotive Industry Co., Ltd. (King Long), a commercial vehicle manufacturer, and Thoresen Thai Agencies PLC (TTA), which is engaged in shipping and real estate business in Thailand, signed an MOU to sell small electric trucks in Thailand. TTA has established a new company, P80 Go Co.,...
Market & Tech Reports Updated at: 2025/05/12
Analysis Report: Brake (U.S. and European Markets)
ing in 2014. The amount of orders is expected to reach a value of KRW 176 billion. This is the first time that the company has received an order from Fiat. In June 2021, Mando was selected by General Motors in the U.S. as the "Supplier of the Year" for 2020. The company received a special award for shipping zero defects. This is the seventh time that the company has received the award. Prior to this, the Beijing plant in China was awarded the 202...
Market & Tech Reports Updated at: 2025/03/21
Automotive World 2025: Metal Processing Technologies
harger parts since 2009, leveraging its technology and facilities to win the quality-cost competition. The exhibited products included turbocharger impellers and vane nozzles for diesel VG (Variable Geometry) turbochargers. All were machined by Tanoi after the materials were supplied. Because shipping costs for small items are low, they are also exported from Vietnam to Japan and Thailand. Exhibit: Turbocharger impeller Mass production: ...
Market & Tech Reports Updated at: 2025/02/04
Business Overview of Japanese Suppliers in 2024
n (Renesas) began offering the SDV development platform "R-Car Open Access (RoX)." It integrates various development tools and software libraries, contributing to simplified development and cost reduction. Regarding ADAS products, Renesas is expanding its SoC (System-on-a-chip) lineup and has begun shipping samples of entry-level series products. Mass production is scheduled for 2026. The company also announced a new generation of automotive S...
Market & Tech Reports Updated at: 2024/12/24
2024 Japan Die Casting Congress & Exposition: Gigacast
pipe press fitting to screw tightening. In production: HV inverter case In production: HEV heat sink/water jacket assembly Production volume: 17,000 units/monthEquipment: Die casting machine 1,000 tonProcess: Casting/deburring→Machining→Pinning→Leak testing→Inspection→Cleaning→ShippingFeatures: Automated lines for casting/deburring/machining/cleaning Production volume: 13,000 units/monthEquipment: Die-casting machine 500-1,0...
Market & Tech Reports Updated at: 2024/12/03
ReVision AD, ADAS & SDV Summit 2024
fe cycle (Figure 5-8), they are as follows ((1) to (10)), and require interaction between the vehicle and the cloud for things like vehicle diagnostics, checking subscription status, and managing download versions. (1) A common ECU is installed and tested at the assembly plant at the time of shipping. (2) Software is downloaded and configured for each vehicle. (3) Pre-sale diagnostics and the latest software is downloaded. ...
Market & Tech Reports Updated at: 2024/11/11
Analysis Report: Lithium-Ion Battery (Japan, Europe, North America and Korea)
l short circuit) in cells manufactured at LG's Ochang plant in Korea. Of the total recall costs of USD 2 billion, LG was responsible for USD 1.9 billion. In February 2023, a 2023 model year Ford F-150 Lightning equipped with a high-nickel NMC9 battery made at SK's new Georgia plant caught fire at a shipping inspection area, resulting in a recall of 18 vehicles. The NHTSA, which investigated the circumstances of the accident, attributed the cause ...
Market & Tech Reports Updated at: 2024/10/18
GM (1) EV Sales Growth Stalls, Electrification Plans Revised
ced they had chosen to sell their franchise rights to GM rather than invest in EV sales and service. (Reported by the Detroit Free Press) Hummer EV, a full-size SUV that delivers sports car-like performance thanks to three motors (Source: GM) GMC, GM's dedicated truck brand, began shipping the Hummer EV full-size pickup, GM's first production vehicle based on the Ultium battery architecture, at the end of 2021, with sales of the...
Market & Tech Reports Updated at: 2024/10/08
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
d in the Thai market will be the RD6 electric pickup truck based on the M.A.P. Radar Hanhai platform. King Long Motor In July 2024, commercial vehicle manufacturer Xiamen King Long United Automotive Industry Co., Ltd. (King Long Motor) reportedly signed an MOU with Thoresen Thai Agencies (TTA), a shipping and real estate company in Thailand, to sell light-duty electric trucks in the country. TTA has established a new company, P80 Go Co., Ltd., ...
Market & Tech Reports Updated at: 2024/09/04
Tesla: Profitability Down with Decreased Sales, Intensifying EV Competition
ehicles and started delivery to the U.K. Shipment to India is also planned.・ Since the start of 2024, there have been a series of troubles, including damage to power supplies due to arson (March) and demonstrations by environmental activists against the expansion plans (May). With the addition of shipping lane obstruction in the Red Sea, Model Y production was disrupted. Mexico Establishment announced in March 2023 After the announcement o...
Market & Tech Reports Updated at: 2024/08/19
Opportunities for a Grid-friendly Charging Infrastructure
5 and 10 % per year are realistic.” This price development is also in line with what the German Federal Ministry for Economic Affairs and Energy (BMWi) forecast in its Grids and Grid Expansion report published in September 2022 [5]. The fact that a 1 MWh stationary storage device, packed in a shipping container and equipped with all the necessary electronics, ‘is currently being offered on Alibaba for 200,000 US-dollars, which is equivale...
Market & Tech Reports Updated at: 2024/07/30
Renault Group: "Ampere" Launched, Plans to Sell 1 Million EVs by 2031
3)) Flexis SAS, jointly established by Renault Group and Volvo Group, began operations in March 2024. The company will develop and launch next-generation urban EV vans based on the SDV platform. (Ampere will only produce passenger EVs.) Furthermore, in April of the same year, French global shipping company CMA CGM announced that it has acquired a 10% stake in Flexis SAS through its energy fund PULSE, confirming its interest in a strategi...
Market & Tech Reports Updated at: 2024/07/12
Analysis Report: Seat (U.S. and European Markets)
uction at the Anhui plant of its subsidiary in China, Brose Sitech (Anhui) Automotive Systems Co., Ltd. This plant, located in Hefei, Anhui Province, is the second production site established by Brose Sitech in China. The new plant will be equipped with seat frame production, seat assembly, and JIS shipping capabilities. It will supply seats mainly to Volkswagen. Construction of the Anhui plant began in April 2022 and was completed in October 202...
Market & Tech Reports Updated at: 2024/07/04
Vienna Motor Symposium 2024 (3) Rise of SDVs, Electric Powertrains
wind and sun capacities in sparsely populated areas is the main approach of HIF Global which is why the company puts the renewables into "bottles" in order to bring them where they are needed in the world. This approach allows for a more global presence, as customers in the transport industries, shipping, aviation and chemical sectors need to source the fuel for their applications from all possible regions around the world. HIF has finalize...
Market & Tech Reports Updated at: 2024/07/03
Mexico: Chinese vehicles account for 30% of imports and 20% of sales
ness in the U.S. in 2021. Production of the Blazer EV and shipments to the U.S. begins GM announced the start of mass production of the Chevrolet Blazer EV battery electric mid-size crossover SUV at the Ramos Arizpe plant in June 2023. And it was reported in the U.S. that the same model was being shipping to the U.S. in July 2023 (Detroit Free Press, July 31, 2023). The Blazer EV will be built on GM's Ultium platform, following the Hummer EV pi...
Market & Tech Reports Updated at: 2024/06/14
Vienna Motor Symposium 2024 (1) Energy First!
o keep fossil fuels for longer than we actually want to because we cannot change things as quickly as we would like, according to Prof. Rose. Also hydrogen is expected to play a critical role in helping the energy system to decarbonize transport, especially in the field of heavy road traffic and shipping. Prof. Rose concluded his presentation with the statement that batteries will be the new oil of the future and emphasized that enormous in...
Market & Tech Reports Updated at: 2024/06/06
Emerging U.S. EV Makers on the Move
weight (Class 8/7) EV/FCV Semi-Truck In addition to the production and sales of EV and FCV trucks, the company will work on building infrastructure, including for the production and fueling of hydrogen fuel. The company is at risk of delisting due to low stock prices. Sales of EV trucks are halted. Shipping of FCVs began in 2023. Canoo (Canoo Technologies Inc.) Delivery vans, MPVs, pickup trucks Developing high functionality delivery vans and t...
Market & Tech Reports Updated at: 2024/04/02
SAIC: 3.5M NEV Sales by 2025, Launching 14 New Smart EV Models Overseas
tion centers (Silicon Valley, London, Tel Aviv) and four finished vehicle manufacturing sites (Thailand, Indonesia, India, and Pakistan), more than 100 component production and development sites, and a marketing service network of more than 2,800 locations. In addition, the company has opened seven shipping routes from China to Southeast Asia, Mexico, western South America, and Europe. In addition, the company has begun site selection for a finis...
Market & Tech Reports Updated at: 2024/03/25
GlobalData Global Light Vehicle Sales Update (February 2024)
ary plant shutdown at its Asan plant for retooling and the Lunar New Year holiday – and most importantly, the cooling of consumer sentiment amidst high financing costs and an uncertain economic outlook. Not only domestic models, but also sales of imported models declined sharply, due partially to shipping delays caused by rising tensions in the Red Sea. South America Brazilian Light Vehicle sales grew by 29.7% YoY in February, expanding to 15...
Market & Tech Reports Updated at: 2024/03/18
Analysis Report: Brake (U.S. and European Markets)
ing in 2014. The amount of orders is expected to reach a value of KRW 176 billion. This is the first time that the company has received an order from Fiat. In June 2021, Mando was selected by General Motors in the U.S. as the "Supplier of the Year" for 2020. The company received a special award for shipping zero defects. This is the seventh time that the company has received the award. Prior to this, the Beijing plant in China was awarded the 202...
Market & Tech Reports Updated at: 2024/03/14