the Pearl River Delta, accounting for more than 70% of China's total. West central cities such as Chongqing and Wuhan are steadily building industrial zones with the support of the Chinese government. The power structure of market competition is clearly concentrated. The annual production capacity target for BYD alone, a major company, was raised to 5 million units. On the other hand, Jing-Jin Electric Technologies Co., Ltd. (Jing-Jin Electric T...

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

driver assistance algorithms and AI intelligent cockpits   BYD believes that driver assistance algorithms are moving away from "detection intelligence" and toward "perception intelligence”. The table can be scrolled left and right. Stage Technology direction Features Detection whitelist Target known critical traffic targets. Focus on detection rate and accuracy. Common obstacles Target obstacles with unusual shapes and long tails. A...

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

global production footprint spans Germany, Eastern Europe, China, and North America, ensuring consistent rollout and quick adaptation to customer requirements. The SELECT platform supports primary and secondary electric drives, with power ranges from 100 kW to 300 kW and voltage levels up to 800V, targeting C to F segment vehicles. It is designed to meet demanding performance and efficiency targets across global driving cycles. ZF SELEC...

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

LLC Limited Liability Company NACS North American Charging Standard OBBB One Big Beautiful Bill Act Created by itsEV Inc. I-1. Policy trends of various countries Europe   Based on the European Commission's 2021 "Fit for 55" package proposal (12 policies to achieve the 2030 CO2 reduction target of 55% below 1990 levels), a provisional agreement on CO2 emission standards for passenger cars and light commercial vehicles was reached by th...

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

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

will establish a cockpit JV in Wuhu, China, which aims to design, develop, manufacture, and supply a full cockpit with related systems and modules including seats, interiors, and cockpit electronics using low CO2 emission materials and processes. It will be consolidated by the Company with a sales target of EUR 1 billion by 2029. The JV will include an R&D center dedicated to industrial design and cockpit integration capabilities and plans to la...

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

tion, over-temperature protection and altitude compensation. The system introduced JTEKT's world-leading column-type electric power steering assembly line, enabling in-house production of core components including worm gears, one-to-one manufacturing of worm gear clearances using a unique worm gear target processing system, and advanced production equipment to guarantee the quality of products shipped from the production line. To ensure the highe...

Market & Tech Reports  Updated at: 2025/11/18

Chinese market : Chinese OEMs take 70% share as foreign OEMs struggle GlobalData Production Forecast: Evolution of Chinese Market, Shift to Sustainable Growth Summary GlobalData Production Forecast: China's light vehicle production will remain at 31 million units in 2028 First-half 2025 sales volume up by 11.4% to 15.65 million units; targeting 32.3 million units for the full year Passenger car market: Chinese OEMs have nearly 70% share, Japanese...

Market & Tech Reports  Updated at: 2025/11/14

Vs. BMW, Mercedes-Benz, Nissan and others have partnered with companies such as Momenta, ByteDance and Huawei to develop intelligent driving and smart cockpit systems.   In the "Work Plan for Stabilizing Growth in the Automotive Industry (2025-2026)", the Chinese government set an automobile sales target of approximately 32.3 million units and 15.5 million units for NEVs in 2025. At the same time, regulations and support are being strengthened i...

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

communication services (3G), making it impossible to provide services that use the relevant technology. Responses of major automakers to the end of 3G communication services The table can be scrolled left and right. Auto company Ended service name Discontinued service details End date Main target vehicles Toyota T-Connect All services using 3G communication devices December 31, 2024 All models with 3D DCM Nissan NissanConnect All ser...

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

ively impacting the OEM, as Honda Group is one Japanese OEM that began investing aggressively in the BEV sector. It is now anticipated that its global production will decline to 3.3 mn units by 2037. In May 2025, Honda announced that it had readjusted its BEV strategy. While maintaining the initial target to replace 100% of vehicle sales with BEVs and FCEVs by 2040, it announced downgrades to its BEV sales target by fiscal year 2030, from 2 mn un...

Market & Tech Reports  Updated at: 2025/10/29

for the base fabrics of airbag cushions. Many believe that the shortage of semiconductors had eased by the second half (H2) of 2023.   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. An increasing number of suppliers are turning to recycling...

Market & Tech Reports  Updated at: 2025/10/27

taking just 10 minutes to charge from 20% to 80%. The driving range (WLTP mode) is 502/540/585km. Pre-orders began in July 2025 in Norway, Sweden, Denmark, the Netherlands, Belgium, Luxembourg, France, and Germany. 2025 model year G9 X9   The X9 is the flagship electric MPV, primarily targeting families. It is already being sold in Indonesia, Thailand, Singapore, and Malaysia. It has a large three-row seating arrangement, a large ce...

Market & Tech Reports  Updated at: 2025/10/20

enges like capital constraints, high costs, limited global access, etc. They are likely to face significant challenges with broader implications for the industry. Suggestions to make Indian auto component industry more resilient The Indian companies should expand their domestic production bases, target the overseas market for production, and explore new technological partnerships. The companies should leverage India's low-cost manufacturing ad...

Market & Tech Reports  Updated at: 2025/10/09

o that the seats can be slid forward while tilting the seat back forward, and the third row seats have a function to provide easier third-row seat ingress and egress. Outline of business plan, including the seat business In November 2023, the company released its mid-term management plan, which targets sales of JPY 2.2 trillion in FY2030, up 37.2% from FY22, and operating income of JPY 150 billion, up 3.2 times. The company's vision for its b...

Market & Tech Reports  Updated at: 2025/09/27

032.   Honda’s light vehicle sales in India is expected to increase from 69k units in 2024 to 122k units by 2030. The introduction of new B- and C-segment SUVs is expected to contribute over 50k units, alongside further expansion of the well-performing Elevate B-segment SUV. U.S.   Honda set US targets for BEV/FCEV sales of 40% by 2030, 80% by 2035 and 100% by 2040. The company announced it is expanding the US 2040 target to encompass total g...

Market & Tech Reports  Updated at: 2025/09/26

s negotiations on investment in the U.S. have been difficult and no agreement has yet been reached.   Mexico will reportedly raise tariffs up to 50% on imports from China, India, South Korea, and other countries with which it has no trade agreements, with automobiles, steel, and aluminum among the targeted items. China urged reconsideration and warned against investment and project cancellations, while South Korea announced that it would work wi...

Market & Tech Reports  Updated at: 2025/09/26

o strengthen development of electric power steering electronics related components, software development was started at JTEKT’s Higashi Kariya Office (Kariya City, Aichi Prefecture) in addition to the existing Hanazono Technology Development Center (Okazaki City, Aichi Prefecture). The company is targeting to increase the number of its software developers; in April 2019, it reorganized its software development organization and established a dep...

Market & Tech Reports  Updated at: 2025/09/18

ly one of the three companies that was attracting attention as an emerging EV brand through the first half of 2024 that is still performing well. Initially, the company's main models were D-segment SUVs, which have a large market size in China, but XPeng has been revamping its lineup since 2024.   Targeting young people outside urban areas, the company has launched the Mona M03 D-segment hatchback and the P7+ D-segment sedan, both priced at unde...

Market & Tech Reports  Updated at: 2025/09/17

portfolio (Source: 2025 Honda Business Briefing (May 20, 2025)).   In May 2025, Honda Motor Co., Ltd. (Honda) presented its "2025 Business Briefing," outlining Honda's future management strategy, which focuses on businesses related to electrified vehicles. In the previous year, Honda had set a target of 30% EV/BEV (battery electric vehicle) sales ratio and 2 million EV production units by FY2030 with the introduction of the Honda 0 (Honda Ze...

Market & Tech Reports  Updated at: 2025/09/03