ASEAN Vehicle Sales and Production Update (Q1 2026) Domestic demand fluctuations across ASEAN countries, growth in BEVs from Chinese automakers Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - March 2026 Thailand BEV sales by OEM ASEAN News Topics (Q1 2026)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailand and M...

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

ub-total 1,229,534 1,270,177 1,394,001 1,335,156 1,349,991 1,425,499 1,396,528 China Toyota Toyota 1,749,663 1,505,735 1,565,412 1,432,533 1,152,612 1,006,892 941,506 Lexus Lexus 0 0 0 0 16,047 31,742 37,137 China sub-total 1,749,663 1,505,735 1,565,412 1,432,533 1,168,659 1,038,634 978,643 Thailand Toyota Toyota 629,806 545,593 575,567 583,082 661,039 690,807 704,814 Hino Hino 940 256 0 3,245 2,487 2,797 3,132 Thailand sub-total 630,...

Market & Tech Reports  Updated at: 2026/05/12

port MINI John Cooper Works Electric 1965 Victory Edition Mercedes-Benz CLA 250+ Ford Ranger Super Duty Tesla Model Y L Hyundai SANTA FE Hybrid HTRAC AWD Kia Carnival HEV, EV5 Volvo ES90, XC90 Audi Q3 Sportback, Q3 Jeep Gladiator Monster Edition Luxury brands: Rolls-Royce, Aston Martin, Maserati   Thailand's 47th Bangkok International Motor Show (47th BIMS / BIMS 2026) was held from March 25 to April 5, 2026, under the theme “The Iconic Synchr...

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

ing of its German operations, the satellite plant in neighboring Romania was also be closed. In September 2024, JSS announced plans to strengthen its production and development capabilities in the ASEAN region, including the establishment of integrated local production and research organizations in Thailand and Indonesia, encompassing key components such as inflators. In September 2024, the new plant in Tangier, Morocco, began operations. In June...

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

the legal and regulatory activities for countries that have recently begun to follow these trends, rather than focusing on the major market countries. This report summarizes regulatory trends regarding cybersecurity, wireless communications, and autonomous driving for vehicles in India, Indonesia, Thailand, and Vietnam. The purpose of this study is to investigate the institutional background, competent government agencies, legal frameworks (laws...

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

on reflects Galaxy’s successful “high-value NEV” positioning, leveraging Geely’s self-developed Thor hybrid technology and competitive pricing against BYD’s Dynasty series. In addition, Galaxy’s dealership network expansion across tier-2 and tier-3 cities in China, along with exports to Thailand and Australia, significantly increased its production scale. Conversely, Zhidou experienced a dramatic 93% YoY decline, primarily due to the ...

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

Bangkok International Motor Show 2026 (1) Chinese OEMs NIO, XPeng, Changan, Chery, Geely, BYD, SAIC, GWM, GAC, and Dongfeng Summary NIO (Firefly) XPeng Changan Automobile Chery Group (Chery, Omoda & Jaecoo, Lepas) Geely (Zeekr, Riddara) BYD / Denza SAIC (MG, Maxus) GWM GAC Group Dongfeng Forthing   Thailand’s 47th Bangkok International Motor Show (47th BIMS / BIMS 2026) was held from March 25 to April 5, 2026, under the theme “The Iconic Syn...

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

t, it is necessary to closely monitor the future trends of each manufacturer and the changes in sales figures. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India *Data for Korea for the month is not shown because data on some HEV units could not be obtained. ...

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

is report examines the competitive advantages, key challenges, and future trends in the global expansion of Chinese electrified vehicles (xEVs) from the perspective of localized operations.   Mr. Somsak Sriratanaprapas, the President of the BRG Group, a major independent importer of automobiles in Thailand (hereinafter referred to as “BRG Group President”), shared insights into sales trends among Chinese xEV manufacturers in the Thai market ...

Market & Tech Reports  Updated at: 2026/04/22

can scroll the table left and right OEM Powertrain Number of AT speeds Drive wheel Main adopted models Toyota / Lexus ICE 6 RWD Toyota86/Subaru BRZ, Hilux, Hiace Wagon, Land Cruiser 250 (gasoline), Toyota/Hino light-duty truckCoaster, Toyota/Daihatsu/Mazda commercial vehicles manufactured in Thailand (production to end in 2026) HEV (Dual boost) FWD Crown, RX, LM ICE 8 FWD Vellfire, RX, NX, GR Yaris RWD Land Cruiser 250 Diesel ICE, ...

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

ickup truck (P/U) market   Pickup trucks (P/U) are an unfamiliar segment in Japan, but there are markets where they hold a significant share depending on the country or region. In terms of P/U sales volumes for 2025, the U.S. accounts for the vast majority of sales, followed by Brazil and Canada. Thailand has the highest proportion of P/U sales, but in recent years, P/U sales have been trending downwards.   Pickup trucks are characterized by r...

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

7 2,311 813 Belgium 0.53 0.17 581 191 China 0.02 0.95 11 222 Germany 13.51 15.13 3,056 3,428 Israel 0.00 0.08 1 1,000 Japan 0.64 1.48 166 361 Kenya 0.20 0.04 196 42 Nepal 1.78 2.79 1,487 1,618 Netherlands 0.26 0.06 294 116 Spain 1.01 1.78 2,342 4,460 Sri Lanka 0.13 1.60 88 825 Thailand 0.36 0.24 328 75 UK 2.63 1.60 5,255 3,049 USA 1.53 0.75 325 176 Others 1.61 2.27 990 1,003 (Based on data from Ministry of Commerce...

Market & Tech Reports  Updated at: 2026/04/08

r 1 supplier for BYD which manufactures BEVs. FinDreams Group has 41 companies and plants in China. In addition to battery thermal systems, the company manufactures various categories of automotive components. If BYD develops a BEV manufacturing plant outside China in the future (Already started in Thailand), it is believed that FinDreams will also enter the market. Ningbo Tuopu Group Co., Ltd. (Ningbo Tuopu) Examples of orders for BEV vehicle...

Market & Tech Reports  Updated at: 2026/03/30

icle (NEV) support measures starting from January and the impact of the Chinese New Year holiday in late February, excessive price reduction of BEVs and PHEVs is being restrained in response to intensive competition in the Chinese market, leading to ongoing uncertainty beyond March.   xEV sales in Thailand have fallen sharply by 77.9% compared to the previous month, down to 11,000 units, but this is an increase of 6.4% compared to the same month...

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

oth year-over-year and month-over-month, supported by strong sales growth in Japan and the UK.   In China, sales of electric vehicles plummeted in January due to changes in the sales promotion policies for New Energy Vehicles (NEVs: BEVs, PHEVs, FCEVs (fuel-cell electric vehicles)). Conversely, in Thailand, Chinese car sales increased significantly in the final month of incentives under the EV 3.0 scheme (EV promotion measures). It is necessary ...

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

Leadrive Technology (Shanghai): Inverters and power modules for BEV/HEV/REEV   Leadrive Technology (Shanghai) Co., Ltd. (Leadrive Technology), headquartered in Pudong, Shanghai, produces inverters (Motor Control Units), power blocks, and power modules at four plants in China, as well as plants in Thailand and Malaysia. The company also plans to produce in the United States.   Three types of inverters for single-motor drive, three types of inve...

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

Chinese OEMs Dominate BEV Market in Thailand with Over 20% Share Rapid growth of NEVs, expanding product lineup from SUVs to pickup trucks Summary Chinese vehicle sales grow 5.2 times in 5 years Analysis of sales volume by OEM: Chinese OEMs enter Top 5, Japanese OEM volume shrinks NEV Ranking: Chinese OEMs lead the way in BEVs and PHEVs Product trends: From compact EVs to a full-scale product lineup Switching from exporting Chinese-made models to...

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

ASEAN Vehicle Sales and Production Update (Q4 2025) Improving thanks to EV policy support and strong year-end demand, with Chinese OEMs on the rise Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - December 2025 Thailand BEV sales by OEM ASEAN News Topics (Q4 2025)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailan...

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

Expanding Chinese Parts Supplier Presence in Thailand Status of Thailand Board of Investment (BOI) approval for automotive-related projects in 2025 Summary BOI project approvals in 2025 (Automotive): Nearly 100 are Chinese suppliers List of BOI-approved companies in 2025 (automotive): EV and charging-related projects, etc. Thailand Automobile Market Overview   According to an announcement by Thailand’s Board of Investment (BOI), the total numb...

Market & Tech Reports  Updated at: 2026/02/17

6) Note: Includes commercial vehicles, includes estimated figures, China's sales volume (shipped volume) excludes export volume* The following 15 countries account for approximately 90% of global electrified vehicle sales. China, USA, Japan, India, Germany, France, Brazil, UK, Korea, Canada, Italy, Thailand, Norway, Sweden, Finland (Reference report) Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (December 2025)   Electrified vehicle (BEV, ...

Market & Tech Reports  Updated at: 2026/02/09