icy information, discuss industry trends, and consider future cooperation between the two organizations. Key topics included the spread of New Energy Vehicles (NEVs) in Thailand, the adoption rate of Thai-made parts, testing and certification requirements for Thailand's electric vehicle (EV) supply chain, challenges faced by Chinese EV companies in Thailand, and the impact of international policy changes, including tax measures in the U.S. and EU...

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

Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - March 2025 Thailand BEV sales by OEM ASEAN News Topics (Q1 2025)   * An updated version of this ASEAN report will be released every quarter.  * Thailand's sales from January to March 2025 include an adjusted value of -10 units.   Related reports:Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs (May. 2025)Bangkok International Motor Sho...

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

ric & Machinery Co., Ltd. and ROHM Co., Ltd., which have specialized knowledge in the development and production of electric drive units, as part of its efforts to develop electrification technologies such as electrification-related parts in the Hiroshima region as well as develop the entire supply chain, including Mazda. By co-creating with these partner companies with outstanding technologies, Mazda will advance the development of small, high-p...

Market & Tech Reports  Updated at: 2025/05/20

space for the event was over 360,000 square meters.   April 23 and 24 were press days, April 25-26 were trader days, and April 27-May 2 were days open to the public. This year's motor show had 13 indoor exhibition halls, including eight for passenger cars, four for automotive technology and supply chain, and one media zone.   This report mainly introduces the exhibits of own-brand models of Guangzhou Automobile Group Co., Ltd. (GAC Group), Chan...

Market & Tech Reports  Updated at: 2025/05/20

1962 Trade Expansion Act. The additional tariff came into effect on April 3.   If the rules of origin of the USMCA (United States-Mexico-Canada Agreement) are met, the additional 25% tariff on automobiles and automobile parts under Section 232 will be levied on products other than those with U.S. value added.   Regarding IEEPA (International Emergency Economic Powers Act)'s reciprocal tariffs, which impose different rates on a country-by-count...

Market & Tech Reports  Updated at: 2025/05/02

s thoughts on the Chinese automotive industry from his time in China. Finally, a pair of Leadership Summit sessions offered insights on future automotive propulsion distribution from OEMs and industry analysts.   This report highlights panels and presentations at WCX 2025 discussing the effect and value of AI in the automotive industry, perspectives on Chinese automotive development, and insights from analysts and OEMs about various powertrain o...

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

es for the January to March period increased 19.0% y/y to 1,381,000 units, accounting for 8.9% of total vehicle sales volume.   The series of additional tariffs that the Trump administration in the U.S. has launched has had a significant impact not only on imported vehicles, but also on the supply chain of the entire automotive industry. In particular, the additional 25% tariff on automobiles and auto parts that took effect on April 3 covers all...

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

ounced the development of a new intelligent cockpit and the introduction of the Apple ecosystem. Partnership in intelligence (Huawei) On February 21, 2025, the company signed a partnership agreement with Huawei. The partnership will include product definition, production and manufacturing, supply chain management, sales and service, and other areas to develop a new NEV smart car model. Battery swap partnership (CATL) On January 10, 2025, the ...

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

ength of the steel is 138% higher than that of ordinary silicon steel, and it can withstand enormous centrifugal forces at 30,000 rpm. Joining technology Advanced joining technology is used for the iron core. Axial stiffness is improved by 161% compared to conventional riveting processes. The NVH value of the motor was reduced by more than 2dB. New high-strength dual U-shaped structure The magnet uses a dual U-shaped structure. Motor rotor st...

Market & Tech Reports  Updated at: 2025/04/23

Car IT Symposium 2025: Role of AI to achieving SDV Presentations from Daimler Truck, VW/VAIVA, Qualcomm, and Tata Technologies Summary Future of trucking - software defined truck (Daimler Truck) How Artificial Intelligence Changes Automotive Value Creation (VAIVA) Revolutionizing Automotive Innovation: The Role of AI in Software-Defined Vehicles (Qualcomm) The 'H' in SDV stands for Heterogenous (Tata Technologies)   The Car IT Symposium 2025, or...

Market & Tech Reports  Updated at: 2025/04/22

IoV and autonomous driving. The company's business focuses on accelerating the electrification, connectivity, and intelligentization of the automotive industry by focusing on components that are in high demand due to intelligent connectivity. Huawei's smart car operations have established a supply chain with more than 600 industry-related companies. By the end of 2024, 15 partnership models were launched. These models include some of the best-se...

Market & Tech Reports  Updated at: 2025/04/16

0,000 units of the PV5 and 100,000 units of the PV7 per year by 2030. Performance targets In 2024, the company recorded sales of KRW 107 trillion, operating income of KRW 12.7 trillion, and an operating margin of 11.8%. The company aims to improve its global market position and increase its brand value through sustainable growth. Source: Kia 2024 CEO Investor Day   Kia's plan to launch new EVs Kia will develop the PBV (Platform Beyond Vehi...

Market & Tech Reports  Updated at: 2025/04/07

lly software-defined vehicles yet, because they don’t provide additional, perceivable benefits for the customer that enhance the driving experience beyond maintaining the current state.   As a definition of a true software-defined vehicle, he emphasized that the vehicle must offer tangible added value for the customer that improves the driving experience over time. This includes adding new features, improving performance and adapting to the ne...

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

le increasing their utilization. It will ensure high asset efficiency with low investment and provide competitive technologies and products. In order to strengthen management resilience, it has set a goal of reducing fixed costs by JPY 100 billion through structural cost reduction by optimizing the value chain, as well as JPY 100 billion through productivity improvement through business selection and concentration, investment efficiency, and util...

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

tires and brakes, which are unrelated to engine emissions, are also subject to the regulation. This is because, in anticipation of the future shift to electric vehicles, a focus has begun on environmental regulations for tires and brakes rather than environmental regulations for engines. Allowable values for brake dust and tire wear rate (M1, N1)The Euro-7 proposal currently only includes brake dust emission allowances for M1 and N1 vehicle cate...

Market & Tech Reports  Updated at: 2025/03/21

cene), and five markets (Europe, the Middle East/Africa, Latin America, Southeast Asia, and the Commonwealth of Independent States (CIS)).   The "2345" strategy was announced at the Changan Auto Global Partners Conference held at the end of December 2024. This refers to two transformations (supply chain transformation, marketing services transformation), three cores (electrification, digital intelligence, core technology), four relationships (su...

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

-Vehicle Promotion Fund under the Electric Vehicle Policy-2022 to encourage the adoption of electric vehicles (EVs) in the state. On February 14, the Karnataka state government announced its Clean Mobility Policy 2025-2030. The policy targets INR 500 billion in investments across the clean mobility value chain and aims to create 100,000 new jobs in the sector.   Japan   New vehicle sales in January were 366,000 units, reflecting an increase of ...

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

o multiple media reports, the first-phase parts project at this Industrial Park has already reached full production, and the second phase of the vehicle project is also running on two shifts. Once the third and fourth phases of the project are completed and full production begins, annual production value is expected to exceed CNY 200 billion.   Below is a summary of BYD's major recent developments. Establishment of a research institute in Sha...

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

n Dwarka, and the India Expo Centre & Mart in Greater Noida, the expo has become India's largest mobility event. The event attracted 983,522 visitors across the three locations and covered over 200,000 square meters.   The theme of the expo was "Beyond Boundaries: Co-creating the Future Automotive Value Chain." This vision aimed to foster collaboration and innovation within the automotive and mobility sectors, with a strong focus on sustainabili...

Market & Tech Reports  Updated at: 2025/02/13

ed the design production capacity in the first phase of the components project, and the second phase of the finished vehicle plant project will operate in double shifts. Once the design production capacity is reached after the completion of the third and fourth phase projects, the annual production value is expected to exceed CNY 200 billion. Components project Dongguan FinDreams Power Co., Ltd., a subsidiary of BYD, won the bid for an industri...

Market & Tech Reports  Updated at: 2025/01/28