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Global Sales Volume Analysis by Model (First Half of 2025)
Global Sales Volume Analysis by Model (First Half of 2025) BEVs increase in China and ASEAN, Japanese and European OEMs struggle Summary 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 ...
Market & Tech Reports Updated at: 2025/08/18
Mitsubishi Motors: Strengthening HEVs in Thailand, Foxconn supplying BEVs
Mitsubishi Motors: Strengthening HEVs in Thailand, Foxconn supplying BEVs Launching next-generation Nissan Leaf-based BEV produced in the U.S. Summary "Challenge 2025" - Mid-Term Business Plan: Shift from the aggressive launch of BEVs to the enhancement of HEVs and PHEVs Japan market: Double-digit year-over-year growth in 2024, aiming for 80% HEVs and 20% BEVs by FY2030 North American market: Collaboration with Nissan to launch next-generation Ni...
Market & Tech Reports Updated at: 2025/07/30
Global Top 10 OEMs Production Forecast (Q2 2025)
d to peak in 2026, before stabilizing at around 10 mn units in the medium to long term. Although demand in China is currently strong, this trend is not expected to last long and volumes in the country could more than halve between 2024 and 2037. Meanwhile, the OEM is accelerating the development of BEVs. From a new battery plant in the US, the OEM began producing and supplying batteries in April, initially for hybrid models, with plans to source ...
Market & Tech Reports Updated at: 2025/07/28
Indonesia: BYD, GAC Aion and VinFast set up EV plants
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
Analysis Report: Lithium-Ion Battery (Chinese Market)
on battery companies IV. Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery companies in China CATL FinDreams (BYD) Gotion High-tech CALB EVE Energy SVOLT Energy Sunwoda LG Energy Solution Panasonic Click here for Thermal Management System of BEV Batteries (European, American and Chinese Markets) In 2024, the production and sales of New Energy Vehicles (NEVs) in the Chinese market increa...
Market & Tech Reports Updated at: 2025/06/12
Analysis Report: Brake (Japanese Market)
Analysis Report: Brake (Japanese Market) AEBS / Compliance with enhanced regulations such as preventing pedal misapplication List of brake suppliers I. Introduction II. Recent trends in brake technology III. Overview of major brake suppliers and their products IV. Overview of global facilities of brake suppliers V. Sales comparison of major brake component suppliers VI. Major brake component suppliers, their customers, and equipped Japanese produ...
Market & Tech Reports Updated at: 2025/05/29
ASEAN Vehicle Sales and Production Update (Q1 2025)
ASEAN Vehicle Sales and Production Update (Q1 2025) 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 - 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 -...
Market & Tech Reports Updated at: 2025/05/21
Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030
Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...
Market & Tech Reports Updated at: 2025/05/15
Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
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
Hyundai and Kia: Expanding HEV/EV models, strengthening US business
Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...
Market & Tech Reports Updated at: 2025/04/07
Mazda: BEV Transition to Progress in Stages
Mazda: BEV Transition to Progress in Stages Expanding the CX series of large models; developing NEVs with Changan Automobile Summary Announced Lean Asset Strategy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda t...
Market & Tech Reports Updated at: 2025/04/01
Chery: Jump in NEV Sales; Promoting Intelligent Technology
Chery: Jump in NEV Sales; Promoting Intelligent Technology 2nd place in passenger car sales; top in exports for 22 consecutive years Summary Revenues and sales: Revenues exceed CNY 480 billion, jumping to second in passenger car sales in China Core Technology: Shift from electrification to intelligent vehicles; accelerating AI Overseas Trends: No. 1 in passenger car exports for 22 consecutive years, building a plant in Spain Chery Group's sales v...
Market & Tech Reports Updated at: 2025/03/07
ASEAN Vehicle Sales and Production Update (Q4 2024)
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
BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion
BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion 2024 sales volume 9 times higher than 2019 Summary 2024 Sales: Top in China with 4.272 million units, up 41.3% y/y; most are D-segment vehicles Product trends: Expansion of models and accelerating overseas expansion of each brand Core technologies: Promoting BEVs and PHVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded...
Market & Tech Reports Updated at: 2025/02/18
Thailand International Motor Expo 2024 (2) Japanese OEMs and Others
Hi4-T, GWM Wey 80 PHEV, AVATR 11, Riddara RD6 pickup truck, Omoda C9 PHEV, BYD Shark 6 pickup truck, Zeekr 001 FR (LHD), Denza D9, etc. 2024 Motor Expo's entrance 2024 Motor Expo's venue Related reports: Thailand International Motor Expo 2024 (1) Chinese OEMs (Dec. 2024) ASEAN Vehicle Sales and Production Update (Q3 2024) (Nov. 2024) ASEAN (2) Increase in Chinese car production (Oct. 2024) ASEAN (1) EV Promotion Policies; Increasing...
Market & Tech Reports Updated at: 2025/01/16
Chinese OEM Overseas Expansion Activities: SAIC, Great Wall Motor
ts. This report covers the recent overseas developments of SAIC Motor Corp., Ltd. (SAIC) and Great Wall Motor Company Limited (GWM). In 2023, the SAIC Group exported 1.208 million units, of which 24% were NEVs (New Energy Vehicles). The company has set a target of 1.35 million units for overseas sales in 2024 and 1.5 million units in 2025. According to an announcement by SAIC, 908,000 vehicles were delivered in overseas markets from January to...
Market & Tech Reports Updated at: 2024/12/20
ASEAN Vehicle Sales and Production Update (Q3 2024)
ASEAN Vehicle Sales and Production Update (Q3 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 - September 2024 Thailand BEV sales by OEM ASEAN News Topics (Q3 2024) * An updated version of this ASEAN report will be released every quarter. Related reports:ASEAN (2) Increase in Chinese car production (Oct. 20...
Market & Tech Reports Updated at: 2024/11/26
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (October 2024)
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (October 2024) Electric vehicle sales in October increase 43.1% y/y to 1,606,000 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 re...
Market & Tech Reports Updated at: 2024/11/26
Chinese OEM Overseas Expansion Activities: Chery, Changan
ed by 20.7% compared to the same month last year, reaching 109,000 units, accounting for 20.2% of the total export volume for the month. Chery is actively engaged in developing markets outside China, having already established 18 KD plants and 6 development sites around the world. Additionally, its sales network extends to over 80 countries and regions. In 2023, Changan announced its overseas strategy "Vast Ocean Plan," which aims to accelerat...
Market & Tech Reports Updated at: 2024/11/25
BMW Group: 50% EV sales ratio by 2030
BMW Group: 50% EV sales ratio by 2030 EV-specific platform Neue Klasse-based vehicles to be produced at five plants Summary Neue Klasse EV-only platform Electrification strategy: 50% of global sales expected to be BEVs by 2030 New model launch plan: Releasing new 5 Series Touring, M5, and various MINI models Munich Plant to produce exclusively EVs from 2027 China: BMW is active in premium EV segment BMW Group’s global sales decline by 4.5% to 1...
Market & Tech Reports Updated at: 2024/11/18