duction efficiency and the development of human resources across the Asian region. This move is part of its effort to adapt to industry shifts such as the transition to electric vehicles, and to build an optimum business structure in Asia. (From an article in the Nikkan Jidosha Shimbun on November 13, 2024) Reorganized CV business from January 2025 -At IAA Transportation 2024, The Company announced a plan to reorganize its commercial-vehicle (CV)...

Major Suppliers  Updated at: 2025/05/29

rgy density C-rate Cycle life Safety standards Ternary lithium-ion battery Lithium-ion batteries using nickel, cobalt, and manganese as positive electrode materials Rectangular BEV: 220～310Wh/kgHEV: 100～130Wh/kg BEV: 1C～4CHEV: 1C～50C BEV: 2,000-6,000 cyclesHEV: 20,000 cycles GB38031, UN38.3, ECE R100.3, etc. Passenger cars, Commercial cars Lithium iron phosphate battery Lithium-ion battery using lithium iron phosphate as positive elec...

Major Suppliers  Updated at: 2025/05/19

Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

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

n in volumes shipped to China in 2024.    Competitors   Bosch Continental Denso Ambarella Advanced Micro Devices Arriver / Qualcomm Black Sesame Technologies Horizon Robotics Huawei NVIDIA NXP Renesas Electronics Texas Instruments -The Company also faces indirect competitors from OEMs, such as Tesla, Mercedes-Benz, General Motors, NIO, Volvo Cars, Xpeng Motors, Huawei and Li Auto, who have or are developing their own in-house solutions for a...

Major Suppliers  Updated at: 2025/04/26

cialty tires, for USD 526 million.   Competitors -Bridgestone-Continental-Hankook-Kumho-Michelin-Nexen-Pirelli-Sumitomo-Toyo-Yokohama -The Company is listed on the NASDAQ Stock Exchange. Tires-All-season tires-Summer tires-Winter tires-All-terrain tires-Fuel-efficient tires-Run on flat tires-Sport performance tires-EV tiresRubber-related chemicals for various applications Financial Overview (in USD millions)   FY ended Dec. 31, 2024 FY ende...

Major Suppliers  Updated at: 2025/04/25

, mechatronics, mirrors, lighting, and roofs. The Company also provides complete vehicle engineering and contract manufacturing expertise.-The Company is organized into the following four product segments: Body Exteriors & Structures Power & Vision Seating Systems Complete Vehicles -On June 1, 2023, the Company completed the acquisition of Veoneer Active Safety from SSW Partners. Veoneer is a global supplier of active safety products including ...

Major Suppliers  Updated at: 2025/04/25

RT driver app for freelance and distribution drivers-TX-CONNECT web-based back office solution providing real-time information-TX-CONNECT MP multiplatform version of TX-CONNECT-TX-ECO program which evaluates and promote economical and ecological driving-TX-DASHBOARDS assessment platform for various performance metrics-TX-DOC document management solution-TX-TANGO web service platform for integration with other office applications-TRAXEE fleet mana...

Major Suppliers  Updated at: 2025/04/11

BorgWarner Inc. USA Joseph F. Fadool (President and CEO) -The Company is an automotive supplier specializing in developing and manufacturing technology solutions to improve the performance, efficiency and environmental qualities for powertrains of combustion, hybrid and electric vehicles.-As of December 31, 2024, the Company is organized into four reportable segments:  Segment Details Turbos & Thermal Technologies The segment develops and m...

Major Suppliers  Updated at: 2025/04/02

000 cells, enough for 1,000 vehicles, in seven days Tesla tallies progress to date as 2022 ends Tesla to invest USD 716.7 million for Gigafactory Texas expansion, battery production Tesla prepares Gigafactory Texas for Cybertruck production Tesla aims for cost-effective ramp of 4680 cells in 2023, high volume in 2024 Tesla’s Gigafactory Mexico expected to boost cross-border trade by USD 15 billion Tesla reaches production rate of 4,000 Mo...

OEM Plants  Updated at: 2025/04/02

quarter with GAAP net income of USD 1.62 billion. The Fremont factory produced over 430,000 vehicles in the last four quarters. Gigafactory Texas continues the process of commissioning equipment and fabricating the first pre-production vehicles, along with front and rear body castings. For all of Q3, Gigafactory Shanghai remained the company’s main export hub. Gigafactory Berlin buildout remains on track with testing of equipment underway. Mod...

OEM Plants  Updated at: 2025/04/02

ings from No. 6 the previous month. The BYD Seagull (3rd place, 37,000 units) and the Geely Xingyuan (6th place, 29,000 units) also ranked high, with sales of inexpensive small BEVs in the A-B segments being strong.     The following table shows electric vehicle sales by automaker (major OEMs, Tesla, and major Chinese electric vehicle manufacturers).   Electric vehicle sales of major OEMs (000 units) Maker 2024 2025 Y-o-Y Feb. Mar. Ap...

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

irment costs, negative net material economic effects, increased income tax expenses, negative foreign currency translation effects, and non-recurrent net benefits occurring during the previous fiscal year. The decrease in income caused by these conditions were partially offset by improved operating performance, decreased SG&A expenses and increased equity income.   Restructuring Divestiture of stake in Changsha Adient to Tiancheng Controls-Zhej...

Major Suppliers  Updated at: 2025/03/11

ill develop its next generation of electric vehicles using NVIDIA DRIVE AGX Orin Xpeng First sedan "P7" makes global debut with automated driving powered by NVIDIA DRIVE Jaguar Land Rover Starting from 2025, all new models will feature the NVIDIA DRIVE software platform Polestar The Polestar 3, the brand's first SUV, centralized compute of the NVIDIA DRIVE platform BYD Uses NVIDIA DRIVE Hyperion computing architecture for next-generation...

Major Suppliers  Updated at: 2025/03/07

ategorization changes.     The Tesla Model Y maintained the top spot with 56,000 units sold. In second place was the BYD Seagull with 37,000 units sold. The BYD Song PLUS and the Geely Xingyuan tied for third and fourth place with 28,000 units each, followed by the Xiaomi SU7 in fifth place with 23,000 units sold.   In January, two models launched in late 2024, the Xingyuan in fourth place and the Galaxy Starship 7 in eighth place, entered the...

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

(Aug. 2024) Chinese Market Q1 2024 (May 2024)       According to a report by the National Bureau of Statistics of China in January 2025, GDP for the full year 2024 increased by 5.0% y/y to about CNY 134.9 trillion. Growth in the first quarter (Q1) of 2024 increased 5.3% y/y, 4.7% in Q2, 4.6% in Q3, and 5.4% in Q4.   In 2024, new vehicle sales (factory shipments) in China increased by 4.5% from the previous year to 31.436 million units. The gr...

Market & Tech Reports  Updated at: 2025/02/19

IC-GM-Wuling brand     The Tesla Model Y maintained the top spot with 120,000 units sold. In second place was the BYD Seagull with 57,000 units. The Wuling Hongguang MINIEV moved up to the third position with 45,000 units sold. The Qin L and Model 3 tied for fourth and fifth places with sales of 43,000 units.   The Wuling Hongguang Mini EV experienced a decrease of 10.6% y/y, but an increase of 20.4% compared to the previous month, moving up f...

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

n, Audi, Avatr, BMW, BYD, BYD Commercial, Deepal, Denza, Ford, Foton, Geely, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Juneyao, Kia, King Long, Leapmotor, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Pocco, Porsche, Riddara, Suzuki, Tesla, Toyota, Volvo, Wuling, XPeng, and Zeekr, along with motorcycle brands namely AJ EV, Alpha Volantis, BMW Motorrad, Deco, EM Motor, Felo, Hanway,...

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

, dies and molded parts. -Annual production capacity of bumpers is 6 million sets. -Traditional OEM customers:BMW, Beijing Benz, SAIC Audi, SAIC GM, SAIC Volkswagen, Chery Jaguar Land Rover, Volvo, Beijing Hyundai, Dongfeng Peugeot Citroen, Great Wall, Geely, etc. New Energy Vehicle (NEV) customers:Tesla, Li Auto, BYD, NIO, XPeng, Hozon, Seres, Voyah, Xiaomi, Zeekr, IM Motors, etc. -The company has production facilities in Wuxi, Shanghai, Shenyan...

Major Suppliers  Updated at: 2025/01/03

n, Audi, Avatr, BMW, BYD, BYD Commercial, Deepal, Denza, Ford, Foton, Geely, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Juneyao, Kia, King Long, Leapmotor, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Pocco, Porsche, Riddara, Suzuki, Tesla, Toyota, Volvo, Wuling, XPeng, and Zeekr, along with motorcycle brands namely AJ EV, Alpha Volantis, BMW Motorrad, Deco, EM Motor, Felo, Hanway,...

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

eries Financial Overview (in JPY millions, IFRS)   FY ended Mar.31, 2025 FY ended Mar.31, 2024 Rate of change (%) Net sales 8,458,185 8,496,420 (0.5) 1) Operating profit 426,490 360,962 18.2 2) Profit before tax 486,289 425,239 14.4 3) Profit attributable to owners of parent 366,205 443,994 (17.5) 4)   1) Net sales -Sales declined 0.5% YoY to JPY 8,458.2 billion. This was a JPY 38.2 billion decrease from the previous year's JPY ...

Major Suppliers  Updated at: 2024/12/24