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Battery swap services are emerging solutions in China and the world. They provide quick battery replacement in 3-10 minutes. In addition, in comparison to traditional charging solutions, they offer significant time savings. Charging solutions in the Chinese electric vehicle (EV) market are being revolutionized. The government encourages the use ...

Technology in Asia-Pacific has grown significantly in recent years, and countries in the region have been quick to adopt fast-growing technologies, such as IoT and connected cars, and embrace digitalization. However, the COVID-19 pandemic presented substantial challenges, including disruptions in the semiconductor supply chain, which affected the a...

Growth in the aftermarket for clutch plates is likely to be achieved against the backdrop of the high growth of the passenger car, multi-utility vehicle, and two- and three-wheeler segments. The commercial vehicle and the tractor segment are likely to witness slow growth over the forecast period, underperforming the market over the forecast period....

Regional economic integration, free trade agreements, e-Commerce, and digitalization are some of the key drivers expected to transform the logistics industry in the South East Asian region. With high growth projected for Indonesia, Thailand, Vietnam, and the Philippines, trade and domestic demand growth will drive the growth of the transportation a...

10 Apr 2024  |  Asia Pacific  |  Market Outlook

Chinese Automotive Growth Opportunities, Outlook for 2024

Huawei s Cross-industry Partnerships Will Strengthen Electric Vehicle Industry Integration

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This study discusses the automotive industry in China, with a focus on passenger vehicles, including sedans, sports utility vehicles, multi-purpose vehicles, and crossover vehicles. The study also assesses the country s electric vehicle (EV), charging, and battery swapping infrastructure. In recent years, the strongest growth factors in the Chin...

China’s passenger vehicle navigation on autopilot (NOA) market is entering a phase of accelerated commercialization, scaling from 2.4 million units in 2025 to 15.0 million by 2032, reflecting a strong 29.8% CAGR. This surge marks a decisive transition from early-adopter experimentation to mass-market deployment, fueled by factory-fitted hardware st...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the automotive market in Asia-Pacific's Cambodia, Laos, and Myanmar. It uses multi-level secondary as well as primary sources for data collation. Sources include country-level official associations/federations, government authorities, count...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the Singapore automotive market. It uses multi-level secondary as well as primary sources for data collation. This includes country-level official associations/federations, government authorities, country subject experts, and third-party sou...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the automotive market in the Philippines. It uses multi-level secondary as well as primary sources for data collation. This includes country-level official associations/federations, government authorities, country subject experts, and third-...