ehicles and electric rear-wheel steering systems, which are auxiliary systems. In this way, power steering systems have generally become standard equipment but system products are even now continuing to evolve. Reference: Installation status of steer-by-wire European cars The 2020 Volkswagen ID.3 and the 2022 Mercedes-Benz Mercedes-AMG C 63 S adopted Schaeffler's steer-by-wire, and Schaeffler took the lead in steer-by-wire. In October 2020, Z...

Market & Tech Reports  Updated at: 2025/08/21

TECHNO-FRONTIER 2025: BEV Teardown Exhibits Tesla Cybertruck and Xiaomi SU7: traction motor, thermal management system Summary Tesla Cybertruck teardown exhibit Xiaomi SU7 teardown exhibit Teardown analysis of power electronics products (LTEC)   TECHNO-FRONTIER 2025, organized by the Japan Management Association, was held July 23-25, 2025, at the Tokyo Big Sight international exhibition center. TECHNO-FRONTIER is an exhibition that started in 19...

Market & Tech Reports  Updated at: 2025/08/19

mary Sales by country/region, and powertrain Sales by OEM Sales by model Future global sales trends   According to MarkLines sales volume data (62 countries, representing about 97% of total global sales), global sales volume (passenger and commercial vehicles) in the first half of 2025 increased 2.3% year over year to 42.864 million units.   By powertrain, BEVs are on the rise, with sales expanding especially in China and ASEAN countries.   By...

Market & Tech Reports  Updated at: 2025/08/18

hina Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for July 2025.   Retail July retail sales volumes of passenger cars totaled 1.826 million units, reflecting a year-over-year (y/y) increase of 6.3%. New Energy Vehicles (NEVs) In July, wholesale volumes of New Energy passenger cars totaled 1.147 million units, up 22.3% y/y. Retail July retail s...

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

bal expansion of OEMs. North America-based Adient, Lear, and Magna Seating have been expanding globally for some time now, and their production systems are being upgraded. In the past, the European supplier Forvia SE was primarily focused on the European market, but in the two years from 2012 to 2013, the company aggressively expanded its capital investments, establishing a number of manufacturing sites and R&D facilities in the Americas and Asia...

Market & Tech Reports  Updated at: 2025/08/06

(Q2 2025) Policies related to China's automotive industry (Q2 2025) SAIC Group and Huawei launch Shangjie brand(Source: HIMA)   The China Association of Automobile Manufacturers (CAAM) announced on July 10, 2025, that vehicle sales volumes in China rose 11.4% year-over-year (y/y) to 15.653 million units. Of this total, passenger car sales grew 13.0% y/y to 13.531 million units, while commercial vehicles increased 2.6% y/y to 2.122 mill...

Market & Tech Reports  Updated at: 2025/08/01

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (June 2025) Electric vehicle sales in June increase 13.3% y/y to 1,483,000 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 report...

Market & Tech Reports  Updated at: 2025/07/28

to South American markets VW: Production expansion for the fourth consecutive year, concerns over impact of U.S. tariffs Hyundai/Kia Group: Production of SUVs for the U.S. market transferred to the U.S. plant Chinese manufacturers: Tension in U.S.-China relations creates headwinds for new entrants Tesla, BYD, and Hon Hai (Foxconn) GlobalData Production Forecast: Mexico light vehicle production expected to be 3.56 million units in 2028 Mexi...

Market & Tech Reports  Updated at: 2025/07/11

totaled 1.241 million units, up 27.0% y/y. Retail June retail sales volumes of passenger cars totaled 2.084 million units, reflecting a year-over-year (y/y) increase of 18.1%. Year-to-date (YTD) retail sales volume totaled 10.901 million units, up 10.8% y/y. Luxury car retail sales volumes totaled 230,000 units, down 7% y/y. Retail sales volumes of domestic brands totaled 1.34 million units, up 30% y/y. Domestic brands had a market share of 64.2%...

Market & Tech Reports  Updated at: 2025/07/10

ina, where BEV sales are growing, while information on Japan is for reference only.   According to the MarkLines survey, annual BEV sales in 2024 in a total of 14 countries (11 major countries and the three Nordic countries of Norway, Sweden, and Finland) were up 10.2% from the previous year to 10.3 million units. BEV sales have increased, as shown in the table below, but the rate of growth has slowed.   This breakdown shows a trade-off between...

Market & Tech Reports  Updated at: 2025/07/08

Top 30 Automotive Suppliers Performance Summary Automotive parts supplier sales ranking FY2024 Summary The top 30 auto parts suppliers by revenue in FY2024 Note: Calculation based on sales of the automotive business Exchange rates Trends among automotive parts suppliers   MarkLines Co., Ltd. has compiled a FY2024 ranking of automotive parts suppliers in terms of sales (comparing the sales of each company's automotive businesses in U.S. dollars...

Market & Tech Reports  Updated at: 2025/07/02

iba Group, Denso, BorgWarner, Schaeffler, Asahi Kasei) e-Axle and motor parts (TDK, MinebeaMitsumi, Sumitomo Electric Industries, TRIS, SWCC) Bearings, electrolytic corrosion countermeasures (NSK, NTN, Nachi-Fujikoshi Corp.)   The Automotive Engineering Exposition 2025 was held from May 21 to May 23, at the Pacifico Yokohama convention and exhibition center.   This year, the number of exhibitors increased from last year's 590 companies (1,378 b...

Market & Tech Reports  Updated at: 2025/06/26

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (May 2025) Electric vehicle sales in May increase 23.1% y/y to 1,431,000 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)   This report pres...

Market & Tech Reports  Updated at: 2025/06/25

ay sales events this year, as OEMs brace for the impact of tariffs. While price rises explicitly linked to tariffs are still rare, the industry is pulling back on incentives, which fell to US$2,609 in May, down by 2.6% YoY. This is leading to higher average transaction prices, which rose to US$46,193 in May, up by 3.1% YoY. Canadian Light Vehicle sales totaled 184k units in May, according to initial estimates. This represents a YoY gain of 4.5%, ...

Market & Tech Reports  Updated at: 2025/06/19

ther, reflecting the advances made in drive battery technology over the past year.   Chapter 1 of this report provides an overview of the Chinese market and part of the global market for new energy drive batteries; Chapter 2 summarizes the technological development of drive batteries; and Chapters 3 through 5 provide a detailed description of the current status of major battery manufacturers.   Unless otherwise noted, all content in this report...

Market & Tech Reports  Updated at: 2025/06/12

utlook 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 May 2025.   Retail May retail sales volumes of passenger cars totaled 1.932 million units, reflecting a year-over-year (y/y) increase of 13.3%. New Energy Vehicles (NEVs) In May, wholesale volumes of New Energy passenger...

Market & Tech Reports  Updated at: 2025/06/10

laus Bengler from the Chair of Ergonomics at the Technical University of Munich. Andreas Brüninghaus, expert for Haptics and Experience at Continental, explains it in a similar way: because of the wealth of information and functions now available, a touchscreen is simply more user-friendly than “30 buttons on the center console”. TOUCHSCREENS FACING CRITICISM   However, touchscreens have been coming under fire in recent years. For examp...

Market & Tech Reports  Updated at: 2025/06/10

Weight reduction with aluminum using Gigacast, etc. Integrally formed high-tensile frame (automotive parts supplier) Integrally formed high-tensile frames (proposed by steelmakers and equipment manufacturers) Environmental friendliness of body and chassis: Paintless steel sheet, hard coat film for 3D decoration, etc.   The Automotive Engineering Exposition 2025 was held from May 21 (Wednesday) to May 23 (Friday), 2025, at the Pacifico Yokohama ...

Market & Tech Reports  Updated at: 2025/06/03

BEV and PHV Trends of Chinese Manufacturers BYD surpasses Tesla to become world's top seller of BEVs Summary Sales trends by BEV model Sales trends by PHV model BYD enters the Japanese PHV and mini BEV markets Global sales of BEVs (including range extender EVs) were dominated by Tesla until 2023, but BYD rapidly expanded its sales volume, putting it in competition with Tesla. By quarter, BYD has exceeded Tesla's sales volume since Q4 2024 and ha...

Market & Tech Reports  Updated at: 2025/06/02

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (April 2025) Electric vehicle sales in April increase 31.6% y/y to 1,341,000 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)   This report ...

Market & Tech Reports  Updated at: 2025/05/26