Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

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

0 PHEV and EX90 BEV Audi: A5 PHEV BMW: 330e M Sport PHEV Mercedes-Benz: Three new AMG models Luxury brands: Porsche, Maserati, Aston Martin, Rolls-Royce Motorcycle: Honda, Suzuki, Yamaha, BMW, and others BIMS 46th's entrance   The 46th Bangkok International Motor Show (BIMS) took place in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   T...

Market & Tech Reports  Updated at: 2025/05/08

Mexican market in October 2024, with advance reservations beginning in November. The vehicle will be equipped with a 3.0L turbocharged diesel engine.   Honda Motor Co., Ltd. (Honda): Domestic sales increase for the first time in six years due to increased sales of vehicles produced in Brazil and Thailand   Honda's (including Acura) domestic sales in Mexico in 2024 increased 11.4% year-over-year to 43,337 units, reversing a downward trend that...

Market & Tech Reports  Updated at: 2025/04/30

quarter of decline. Nissan assembly in China dropped by 53k units (-33.1% YoY) because of the ongoing price war alongside the closure of its Changzhou plant in 2024, causing it to lose considerable market share. Similarly, the fierce competition in China has led to Mitsubishi cutting production in Thailand by 29k units (-37.6% YoY). Nissan also dropped 21k units in Japan this quarter (-9.5% YoY) due to weak US demand for its ageing ICE lineup pl...

Market & Tech Reports  Updated at: 2025/04/30

ly 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see February report Click here to see How to search EV/HV/PHV/FCV data   12 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy, Thailand   3 Nordic countries: Norway, Sweden, Finland   These 15 countries account for about 90% of global electric vehicle sales.    (Note 1) Ag...

Market & Tech Reports  Updated at: 2025/04/25

New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: New Haval H6 SUV Neta S Shooting Brake with Super EREV technology MGC Asia: Xpeng X9 Premium Juneyao Auto: JY Air electric sedan BIMS 46th's venue   The 46th Bangkok International Motor Show (BIMS) took place in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   T...

Market & Tech Reports  Updated at: 2025/04/25

ive in August 2009, and continues to operate from Delphi's technical center in Berlin. iSi Automotive Austria GmbH (iSi Automotive) is headquartered in Vienna, Austria, with a technical center with sled testing equipment in Berlin, Germany, and manufacturing facilities in Austria, Germany, Hungary, Thailand, Mexico, and China. iSi Automotive's group companies are as follows: iSi Automotive Holding GmbH (Vienna, Austria) - Holding company iSi Aut...

Market & Tech Reports  Updated at: 2025/04/24

AT assemblies, AT components GAC Aisin Automatic Transmission Co., Ltd. Guangzhou, Guangdong AT assemblies, AT components Tangshan Aisin Gear Co., Ltd. Tangshan, Hebei AT components Tangshan Aisinkakou Automotive Components Co., Ltd. Tangshan, Hebei Friction materials (merged in April 2025) Thailand Aisin Powertrain (Thailand) Co., Ltd. Sriracha District, Chonburi AT assemblies (RWD), AT components Aisin Thai Automotive Casting Co., Ltd...

Market & Tech Reports  Updated at: 2025/04/15

that of current engines, and the control software to two-thirds. On the other hand, production of the inline 4-cylinder diesel engine is planned to be discontinued. Strengthening overseas plants While China will continue to promote the development, production, and export of new energy vehicles, Thailand has stated that it will begin producing a new compact SUV for the Global South at a scale of 100,000 units per year from 2027. Source: Cre...

Market & Tech Reports  Updated at: 2025/04/01

ely 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see January report Click here to see How to search EV/HV/PHV/FCV data   12 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy, Thailand   3 Nordic countries: Norway, Sweden, Finland   These 15 countries account for about 90% of global electric vehicle sales.    (Note 1) Ag...

Market & Tech Reports  Updated at: 2025/03/26

ips Cooperation in sales and promotion → building mutual benefits for both parties. Service partnerships Service response → proactive care service Customer / consumer relationships Product sales relationship → value co-creation partners 5 major markets Southeast Asia The Rayong Plant in Thailand will start operations in 2025 Europe A brand launch event will be held in 2025, and the brands will be released in the European market. C...

Market & Tech Reports  Updated at: 2025/03/12

or the 22nd consecutive year. R&D centers have been built overseas and vehicles are sold in over 80 countries. Overseas operations cover more than 110 countries and territories with 4.5 million users outside China. The company is currently building local plants or expanding its business partners in Thailand, Indonesia, Malaysia, Vietnam, the Philippines, Kazakhstan, and other countries, and will continue to develop further markets outside China i...

Market & Tech Reports  Updated at: 2025/03/07

ly 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see December report Click here to see How to search EV/HV/PHV/FCV data   12 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy, Thailand   3 Nordic countries: Norway, Sweden, Finland   These 15 countries account for about 90% of global electric vehicle sales.    (Note 1) Ag...

Market & Tech Reports  Updated at: 2025/02/26

ASEAN Vehicle Sales and Production Update (Q4 2024) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - December 2024 Thailand BEV sales by OEM ASEAN News Topics (Q4 2024)   * An updated version of this ASEAN report will be released every quarter.   Related reports:Thailand International Motor Expo 2024 (2) Japanese OEM...

Market & Tech Reports  Updated at: 2025/02/25

invest CNY 100 billion and deepen its focus on promoting artificial intelligence (AI) and automobiles, aiming to achieve a comprehensive upgrade and innovation in integrated vehicle intelligence technology.   Regarding overseas trends, the company constructed or expanded plants in Hungary, Brazil, Thailand, Uzbekistan, Indonesia, Turkey, and other countries. Some of these plants have already begun operations.   Sales and net income have also in...

Market & Tech Reports  Updated at: 2025/02/18

ufacturer of plastic forming machines established in 1946 in Chiyoda Ward, Tokyo.   In addition to four locations in Japan (two in Honjo City, Saitama Prefecture; one in Odawara City, Kanagawa Prefecture; and one in Fukuroi City, Shizuoka Prefecture), the company operates facilities in Vietnam and Thailand.   The exhibited product is a spare tire pan. It is formed on a general-purpose press forming machine for composite materials. It is compati...

Market & Tech Reports  Updated at: 2025/02/14

ing and quenching・Beam: Steel tube, STAF Forming (Steel Tube Air Forming)・Inner door panel: Aluminum alloy sheet, hot stamp formingHigh-speed aluminum MIG weldingFDF: Flow drill fastener North America: 5 (U.S. 3, Canada 1, Mexico 1)China: 6 (Wuhan 3, Guangzhou 1, Qingyuan 1, Zhaoqing 1)Asia: 5 (Thailand 2, India 2, Indonesia 1) Exhibit: Center pillar Display panel: High-tensile steel plate cold press processing Material: High-tens...

Market & Tech Reports  Updated at: 2025/02/04

ly 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see November report Click here to see How to search EV/HV/PHV/FCV data   12 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy, Thailand   3 Nordic countries: Norway, Sweden, Finland   These 15 countries account for about 90% of global electric vehicle sales.    (Note 1) Ag...

Market & Tech Reports  Updated at: 2025/01/24

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

Market & Tech Reports  Updated at: 2025/01/16

ely 83% of global car sales, and three Nordic countries (*Note). Click here to see Automotive Sales data Click here to see October report Click here to see How to search EV/HV/PHV/FCV data   12 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy, Thailand   3 Nordic countries: Norway, Sweden, Finland   These 15 countries account for about 90% of global electric vehicle sales.    (Note 1) Ag...

Market & Tech Reports  Updated at: 2024/12/27