s was evident during the quarter. In March alone, Jaecoo strengthened its position by overtaking BYD to rank sixth overall with a 5.0% share, while BYD followed closely at 4.8%. This reflects increasing competition among emerging brands in the Indonesian market.   GAIKINDO has set a full-year 2026 target of 850,000 units. The outlook reflects gradual market recovery and ongoing market normalization. Despite short-term volatility, continued norma...

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

l promote intelligence and electrification centered on AI and refresh its product portfolio. Furthermore, China will serve as a hub for global exports, and the company will promote the strengthening of its NEV (New Energy Vehicle: BEV, PHEV, FCEV) lineup as well as sales, aiming for an annual sales target of 1 million units by fiscal year 2030. Furthermore, Dongfeng Nissan's development team has expanded to a size of 4,000 people, and is accelera...

Market & Tech Reports  Updated at: 2026/05/14

Chinese Market Q1 2026 Full stack AI on board; all-solid-state/sodium-ion batteries; advanced AD trials; green regulations Summary OEMs Q1 2026 sales volumes (factory shipments) Trends of Chinese OEMs (Q1 2026) Trends of major non-Chinese manufacturers (Q1 2026) Q1 Trends: Autonomous driving and AI Major Chinese OEMs 2025 Financial Results and 2026 Sales Targets Policies related to China automotive industry (Q1 2026)   This report summarizes the...

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

ril 2025 base after buyers pulled registrations into March ahead of VED and BEV Expensive Car Supplement changes. The selling rate climbed to 2.18 mn units (+12.4% MoM) and YTD volumes reached 764k (+9%). BEV registrations jumped 59% YoY, but the share remains below the ZEV mandate path (26% vs 33% target for 2026), and inflation and higher energy costs may temper demand despite increased EV interest linked to geopolitical tensions. Spai...

Market & Tech Reports  Updated at: 2026/05/08

ric, has passed the "abnormal surge" seen in 2021-2022, but remains high, and is currently showing signs of a slight increase again.   With regard to sustainability, in response to recent social demands for CO2 emission reduction and requests from automakers, many suppliers have set sustainability targets such as CO2 emissions reduction, energy consumption reduction, and waste reduction. As for airbag components, an increasing number of supplier...

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

ia output in Europe also weighed on the Group’s volumes, with Dacia brand contracting 8.9% globally. Conversely, Mitsubishi (+9.7%) saw a robust expansion in Q1 fueled by an 83% spike in Japanese shipments to North America – despite the tariffs – as it attempts to rebuild dealer inventory and target 17% growth in US sales after a weak 2025. Renault also rebounded 11% globally due to the ramping up of new BEVs in Europe, combined with output...

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

burden on the national budget and reallocate resources to provide direct support to businesses of all sizes. The government also outlined a policy to promote advanced technologies and low-environmental-impact manufacturing in line with the BCG (Bio, Circular, Green) economic model. The support will target the development of electrified vehicles and cleaner technologies, aiming to attract foreign investment and enhance Thailand's global competitiv...

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

China’s Emerging EV Automakers: Leapmotor, XPeng, Xiaomi, Li Auto, NIO Growth analysis and outlook for 2026 Summary Overview of the five companies: From Li Auto's dominance to fierce competition Leapmotor: Promoting a diverse product lineup to reach its sales target of 1 million units XPeng: Strengthening "Physical AI" and local production Xiaomi: Increasing investment in AI and autonomous driving Li Auto: Accelerating AI upgrades and expanding...

Market & Tech Reports  Updated at: 2026/04/20

ATs from its Georgia plant in the U.S. to Volkswagen’s Tennessee plant in 2024, but supply is currently limited to a single model (the Atlas). This FWD 8-speed transmission was introduced earlier in the section “II. Overall trends, New models.” Since the supplier is headquartered outside the target region, Hyundai Transys is not mentioned in this section.   Regarding the main in-house production practices of automakers, in Japan, Toyota, ...

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

rth America, U.S. full-size P/Us dominate sales, while in South America, small P/Us of European manufacturers are the top sellers. Japanese manufacturers primarily market mid-size P/Us globally. In recent years, Chinese brands have introduced a large number of mid-size P/Us, which are considered to target a wide range of regions, including Southeast Asia.   This report examines the current state of the P/U market and the outlook for major market...

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

ositive result, near-term sales face strong headwinds with the Middle East conflict threatening the cost of living and consumer confidence. Furthermore, the conflict has added to the urgency of the transition to electric as BEV market share remains well below the Zero Emission Vehicle (ZEV) Mandate target (which demands 33% for 2026), even with record levels of incentives. The Spanish PV market saw another impressive result as sales tota...

Market & Tech Reports  Updated at: 2026/04/09

h charging across China, BYD plans to build 20,000 flash charging stations by the end of 2026. Furthermore, there are plans to build a large number of flash charging stations outside China by the end of 2026.   On March 16, China's Ministry of Industry and Information Technology (MIIT) announced a target of having 100,000 fuel cell vehicles (FCEVs) in operation throughout China by 2030. This was included in a document on the comprehensive utiliz...

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

oduction to PT Handal Indonesia Motor (HIM). Chery's strategy seems to be clear, taking a strategy of brand diversification according to the customer segments. When the author asked the exhibition staff about the Chery subsidiary Omoda, they explained that it is positioned as a design-focused brand targeting young people in urban areas, but that they are undergoing a rebranding and have temporarily suspended sales in Indonesia in preparation for ...

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

ces for M1 and N1 vehicle categories, and does not provide values for other vehicle categories. The draft does not include any allowable rate for tire wear. Brake dust in the proposal is measured in specified driving modes and the emission limits for M1 and N1 vehicles are as follows: 7mg/km: PM10 target. Until December 31, 2034 3mg/km: PM10 target. From January 1, 2035 Note: PM10 is defined as particulate matter with a diameter of less than 10...

Market & Tech Reports  Updated at: 2026/03/24

st charging capabilities. The Seal 07 EV and Seal 08 are positioned as high-end BEV sedans. At the presentation venue, the flagship model of the Ocean Series, the Seal 08, was unveiled for the first time in the world, but details have not been disclosed. The Fang Cheng Bao brand Titan 3 and Titan 7 target the off-road and personalized SUV markets. BYD plans to accelerate the spread of high-power charging technology by simultaneously installing fa...

Market & Tech Reports  Updated at: 2026/03/19

y develops aftermarket camera systems for vehicles, mainly heavy equipment and large trailers, where blind spots are a problem. Its technical features include a combination of pattern matching and AI, which allows it to learn from large amounts of data, thereby improving the recognition rate of the target human. The data used for learning is provided by collecting photographic data from existing equipment, and the system also provides value to ex...

Market & Tech Reports  Updated at: 2026/03/06

ew administration is launched.   Regarding the Thai auto market in 2026, Toyota expects the market to grow moderately and generally stabilize due to policies, the introduction of new models, and improved investment activity, although economic and financial constraints will continue. Toyota's sales target in Thailand for 2026 is 243,000 units, up 6.0% from the previous year, and its production plan is 634,000 units, up 12%. Exports of finished ve...

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

rst prototype unit was on display.   The prototype consists of a three-phase T-type rectifier circuit (25kW) using 650V GaN power devices, two sets of three-phase DAB (Dual-Active-Bridge, 12.5kHz), and a series-parallel switching circuit, with an output voltage range of 150V to 1000V.   The final target for 2028 is six 50kW units, each with an output of 300kW and a cabinet size of 650L. GaN power conversion unit for fast charge chargers ...

Market & Tech Reports  Updated at: 2026/02/26

ame: FangChengBao Bao 5), Changan Deepal S05, and the Chery Jaecoo 6T EV were on display. BYD Denza B5  Changan Deepal S05 Chery Jaecoo 6T EV   Diversification of MPV models: A series of next-generation MPVs, such as BYD's Denza D9, Geely Zeekr MIX, and GWM's WEY G9, were launched to target business and family demand. These companies are aiming to enter the luxury minivan market, which is dominated by Japanese OEMs. BYD De...

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

lowing gains of 14.2% in October and 11.1% in November, largely driven by rising electric passenger car output, which helped offset imports from 2022–2023 under government incentive programs. For the full year, total vehicle production edged down slightly by 0.9% YoY but still exceeded the annual target, reaching 1,455,569 units.   Domestic vehicle sales gained significant momentum in Q4 2025, surging 39.1% YoY in December, after rising 24.8% ...

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