nergy Commercial Vehicle Group Co., Ltd. (Geely Farizon) invested in the construction of the project and signed a formal contract with Bozhou City, Anhui Province, in January 2025. The annual production capacity is 10,000 units, of which 2,000 units will be produced annually in the first phase. The plant will primarily produce methanol hydrogen electric light-duty and heavy-duty trucks. Partnership on methanol hydrogen electric technology (Bosc...

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

, Tesla, and major Chinese electric vehicle manufacturers). Electric vehicle sales of major OEMs *By clicking the button below the graph, only the relevant data will be shown. BYD Geely Tesla GM Group VW Group Chery BMW Group Stellantis Hyundai-Kia Mercedes-Benz Group GAC Group Ford Toyota Group Renault Honda Nissan Copyright (C) MarkLines Co., Ltd. All rights reserved. Electric vehicle sales of major OEMs (000 units) The ta...

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

he ‘tariff shock’, ensures that the key export hubs of Japan, Korea and Europe account for the bulk of the remaining full-year LV production forecast downgrade. In contrast, China's LV production outlook remains stable due to low exports to the US and a strong incentive-fueled domestic market. Toyota GroupIn 2025, we expect Toyota Group’s global output to decline slightly by 0.5% YoY, remaining at the previous year’s level of 10.5 mn uni...

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

Russian LV market declined by 29% YoY in June, with the selling rate falling to 1.13 mn units/yr (-7.9% MoM). Demand remains weak due to the CBR’s high key rate stalling consumer credit growth and auto financing; however, early signs of stabilization are emerging, aided by resumed output at idled plants and government stimulus through the “First Car” and “Family Car” subsidy programs. A potential interest rate cut may support a modest r...

Market & Tech Reports  Updated at: 2025/07/22

e electric SUV "Jeep Wagoneer S", Continues investing in Mexico Ford: Increases production for the fourth consecutive year, raising prices of Mexican-made models in the U.S. Nissan: Increased production for the second consecutive year, begins production of the first e-POWER vehicle in North America Toyota: Began production of the new Tacoma, including HEV Honda: Begins production of Acura ADX, maintains production in Mexico Mazda: Expanding produ...

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

FCEVs and Fuel Cells, Chargers and Charging Technologies From coverage of the JSAE 2025 in Yokohama exhibition Summary FCV and hydrogen-related parts (Toyota Auto Body, Toyoda Gosei, VOSS, MAHLE, Takagi Seiko) Charge and discharge related products (Tsubakimoto Chain, Origin, Nichicon, SPC Electronics, Nissan) Plastic materials (Mitsubishi Chemical, Sumitomo Chemical, Idemitsu Kosan, Victrex, Fujikura Composites) Magnetic materials (Proterial, JL ...

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

an Auto Qiyuan A07 2023 D 〇 BYD Yangwang U9 2024 F 〇 BYD Seal  2022 D 〇 BYD Seagull / Dolphin Mini 2023 A 〇 Li Auto Li L6 2024 D 〇 Leapmotor C16 2024 D 〇 Korea Hyundai Kona Electric 2023 C 〇 Japan Honda Acura ZDX 2024 D 〇 Nissan Sakura 2022 A 〇 Toyota bZ3 2023 D 〇 Efforts to improve the cooling performance efficiency of liquid-cooling methods are ongoing, and development of an "Immersi...

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

facilities in the U.S. 4 4 Hyundai Mobis Co., Ltd. 41,946 45,438 ・Sales in the module and component manufacturing business decreased due to a change in the method of calculating electric power battery cell sales. ・The company is also expanding its production capacity in Spain (battery system plant) and Slovakia (EV drive system plant). 5 3 ZF Friedrichshafen AG 41,202 46,384 ・A decrease of approximately EUR 2,600 million due to the dec...

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

2 99 87 59.8% VW Group 62 69 56 57 76 76 78 77 60 59 98 81 85 38.1% Chery 33 36 34 36 45 57 64 85 48 33 44 39 42 27.3% Hyundai-Kia 37 36 35 33 33 31 37 31 23 28 42 35 35 -5.8% BMW Group 30 38 36 26 33 35 41 45 31 31 44 35 34 13.0% Stellantis 37 36 27 24 33 27 24 21 24 27 41 35 31 -14.2% Toyota Group 22 21 20 21 22 21 20 20 16 13 27 24 26 19.3% Mercedes-Benz Group 27 29 22 21 28 26 28 29 24 22 29 24 25 -6.0% GAC Group 34 30 31 35 4...

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

JSAE 2025 in Yokohama: Carbon Neutrality Automakers' efforts to improve recycling and safety Summary Toyota: Circular economy initiatives Honda: Initiatives to achieve "carbon neutrality" and "zero traffic collision fatalities" Subaru: Safety Technologies of the New Forester Mazda: CX-80 PHEV advanced safety features Suzuki: Initiatives to develop BEV light trucks JSAE in Yokohama 2025 North Hall venue entrance   The Automotive Engineer...

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

Toyota Business Fair 2025: Hydrogen, Carbon Neutrality Lightweighting, plastic materials, recycling, production technology Summary Special Exhibit: FCEV Crown, fuel cell module, hydrogen engine (Toyota) Hydrogen-related components, electrification components (FTS, Kyoho Machine Works) Various technologies contributing to carbon neutrality (Aisin, Kojima Industries) Lightweight technology, component manufacturing technology (Toyoda Iron Works, Toy...

Market & Tech Reports  Updated at: 2025/06/24

pan usually include large parts such as exhaust pipes that are long and more easily produced and supplied locally, mainly by Japanese suppliers. Excluding suppliers of catalyst substrates and coating, the major Japanese suppliers of exhaust systems include suppliers such as Futaba and Sango for the Toyota group, Marelli Corporation (formerly Calsonic Kansei Corporation) for Nissan, and Yutaka Giken and Sankei Giken for Honda. Because larger parts...

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

Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

high-specific energy solid-state batteries in 2028. Outside China, Solid Power Inc. delivered an all-solid-state battery A sample to BMW in October 2023. BMW has announced plans to release a prototype all-solid-state battery model by 2025. Nissan also plans to establish a solid-state battery pilot plant in 2024, and aims to mass produce and launch an all-solid-state battery-powered model by 2028.   (2) Condensed battery   The condensed-type ba...

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

e company ordered a die casting machine with a clamping force of 6,500 tons from UBE Machinery. The exhibited product is a rear underframe. Commercialization is already in the final stages, and preparations are currently underway, including the construction of a new factory building at the Kikugawa Plant (Kikugawa City, Shizuoka Prefecture). Exhibit: Rear underframe Display panel: Rear underframe Forming machine: 6,500 tons Mass: 64.5 k...

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

ACT Expo 2025: Hydrogen and alternative fuels Bosch, Hyundai, Toyota advance hydrogen ecosystem; Daimler, Blue Bird show CNG and propane systems Summary Bosch exhibits fuel cell module and new CryoPump refueling technology cellcentric and EKPO detail next-generation fuel cell modules Forvia, Symbio display StackPack module and hydrogen storage solutions Hyundai and Plus outline autonomous fuel cell freight network strategy Toyota showcases Gen 3 ...

Market & Tech Reports  Updated at: 2025/05/29

with disc brakes. All Mazda models, with the exception of the Mazda 2, are equipped with four-wheel disc brakes.   On the other hand, Daihatsu and Suzuki, whose main production models are mini-vehicles and small cars in the B segment and below, have many models with drum brakes.   In between are Toyota, Nissan, Honda, and Mitsubishi. Many of Mitsubishi's mini-cars and small commercial vehicles for the Japanese domestic market are equipped with...

Market & Tech Reports  Updated at: 2025/05/29

85 150 79 -15.7% Chery 26 33 36 36 37 46 61 65 86 53 38 53 53 107.1% BMW Group 32 30 38 35 25 33 35 41 45 31 31 45 35 8.7% Stellantis 35 37 36 27 24 33 27 24 21 24 27 41 35 1.3% Hyundai-Kia 34 37 36 36 33 33 31 37 31 23 28 42 35 4.3% GAC Group 25 34 30 31 35 43 43 47 74 9 16 26 26 4.4% Toyota Group 22 19 20 19 20 22 21 21 20 15 15 27 24 8.8% Mercedes-Benz Group 26 27 29 22 21 28 26 28 29 23 22 29 24 -8.8% Ford Group 13 14 13 14 1...

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

donesia   Based on data from the Association of Indonesia Automotive Industries (GAIKINDO) and multiple sources, vehicle sales in Indonesia for Q1 2025 totaled 205,160 units, reflecting a 4.7% YoY decline.   In the month of March alone, sales fell 5.1% YoY to 70,892 units. Among the top 5 brands, Toyota led with a 31.7% market share, followed by Daihatsu at 18.4%, Honda at 8.9%, Mitsubishi at 8.1%, and Suzuki at 6.3%.   This decrease followed ...

Market & Tech Reports  Updated at: 2025/05/21

ced in February 2025, six BEV models will be introduced in Japan and four in India and Europe by FY2030. In November 2024, Suzuki Motor Corporation (Suzuki) already announced its first mass-produced EV, the “e VITARA”. Production is scheduled to start in the spring of 2025 at Suzuki’s Gurgaon Plant in India, with sales to begin in India, Europe, and other countries around the world from the summer onwards. In July 2024, Suzuki Motor Corpor...

Market & Tech Reports  Updated at: 2025/05/15