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The weak yen provides Japan's manufacturers with temporary relief from China's difficulties.
Japanese automakers are receiving much-needed support from an old standby, as the weaker yen helps to bolster profits in the face of declining sales in China and an increasingly challenging transition to electric vehicles.
In the three months leading up to June, Toyota, Honda, and Nissa...
Kim commands the production of additional missiles
Kim Jong Un has called for an increase in missile production to ensure "overwhelming military power" and war readiness, state media KCNA reported on Monday, as South Korea and the United States prepare for their annual military exercises.
On Friday and Saturday, Kim issued the...
Ford has a very successful first quarter, thanks in large part to its fleet and heritage truck operations.
Ford Motor's fleet and heritage operations helped it offset mounting losses in electric vehicles, and on Tuesday the company revealed first-quarter results that notably surpassed Wall Street's projections.
Ford stuck with its previously disclosed 2023 estimate, and the price mov...
Big EV costs are about to be reported for the first time by Ford.
Ford Motor Company is about to answer the question on the minds of its shareholders: how much money will it take to make the switch to electrified vehicles?
This Thursday, the automaker will release revised versions of its financial results that will reveal how the new business units wo...
Six all-electric Suzuki vehicles will be introduced to the Indian market by the end of the fiscal year 2030.
On Thursday, Suzuki Motor Corporation of Japan announced that, as part of its expansion strategy, it will introduce six battery electric vehicles in India by FY2030, and that it will be carbon neutral by 2070, meeting the government's aim. Suzuki Motor Corporation (SMC) has stated in its busi...
Record numbers of imported vehicles sold in 2022.
According to industry sources, Friday's record-breaking number of roughly 300,000 imported car sales was fuelled by pent-up demand for luxury cars during the coronavirus outbreak. In 2022, the Korea Automobile Importers and Distributors Association reported that sales of imported car brands r...
The newest member of May Mobility's executive team is eager to expand the company's fleet of autonomous vehicles
Kathy Winter has been working on the deployment of autonomous vehicles for more than a decade, first at the auto parts supplier Delphi and now as the general manager of Intel's autonomous transportation branch. May Mobility is a 5-year-old autonomous vehicle firm, and they've just hired a...
Global Refrigerated Vehicles and Cold Chain Transport Market is Projected to Reach US$ 178.87 Bn by 2030, growing at an Estimated CAGR of 14% over the Forecast Period
One of the biggest issues faced by most of the industries happens to be logistics. While logistics doesn’t seem a worry for those deal in non-perishable products, it has been haunting those manufacture or sell perishable goods. While cold storage facilities are a great help for such industr...
German farmer seeking to get VW to stop selling gasoline and diesel vehicles
Environmentalists celebrated a minor legal victory on Friday after a German court announced it will continue hearing a farmer's lawsuit attempting to compel Volkswagen to stop selling cars with internal combustion engines.
Climate change, according to Ulf Allhoff-Cramer, is affectin...
Gas & COE Hurt Singapore's EVs
In a recent declaration, the government of Singapore revealed its goal to phase out all automobiles that are driven by internal combustion engines (ICEVs) by the year 2040. This plan was made known to the general public. In accordance with this objective, it has initiated a variety of var...
EU battery sector cautions against regulating lithium
Seven business organisations have written to EU MPs warning that the EU's designation of lithium as a dangerous material will slow down the energy transition and weaken Europe's position in the race for electric vehicles (EV).
The European Battery Recycling Association, the Euro...
Lithium used in batteries poses no health risks, claims industry organisations
According to seven business organisations, there is insufficient scientific support for the European Union to classify lithium, a component of electric vehicle batteries, as a hazardous substance.
Since electric vehicles are essential to achieving carbon emission reduction goals, lithiu...
Thailand is becoming a regional leader in electric vehicles (EVs), which range from luxury sedans to tuk-tuks
According to an article published by Thailand's Board of Investment, a fully electric Mercedes-EQS will roll off a production line in Bangkok by the end of 2022, marking another milestone in the country's remarkable journey from traditional automaking hub to regional frontrunner in electr...
As petrol prices rise, Thais flock to electric vehicles at the Bangkok Motor Show
Thousands of people visited the Bangkok International Motor Show this week, where electric vehicles (EVs) were the focus due to rising gasoline prices and a government subsidy that knocked 15% off the price of certain EVs.
Thailand, like most other Southeast Asian countries, has been he...
According to the CEO of Mitsubishi Thailand, the company's focus will transition to electric vehicles by 2024
Mitsubishi Motors Thailand has said that by 2024, all of its cars would be plug-in hybrid electric vehicles (PHEVs) or battery electric vehicles (BEVs) (BEVs).
Mitsubishi Motors Thailand's president and CEO, Eiichi Koito, stated on Friday that the business intends to stop producing ...
PTT Announces Joint Venture for New Battery in Thailand
Thailand’s PTT and the Global Power Synergy Corporation have announced a joint venture to support the electric vehicles production plan of the PTT.
The Chief Executive Officer and the President of PTT, Auttapol Rerkpiboon, said that the Singaporean oil and gas company has created ...
Amara Raja Batteries Invest in InoBat
On Wednesday, Amara Raja Batteries announced their investment in InoBat Auto. InoBat is a technology developed based in Europe that manufactures premium batteries.
This will allow Amara Raja to gain a strong foothold in the electric vehicles' ecosystem of Europe. The region has seen...
PUB unveils new flood response vehicles
13 new vehicles have been unveiled by PUB on November 19, these vehicles that can drive through higher floodwaters and livestream flood conditions in real time.
Highlights
- PUB launches 13 new vehicles that can drive through floodwaters
- ...
Taliban carries out military parade with US-made weapons
The Taliban held a military parade using captured American-made armoured vehicles and Russian helicopters in Kabul. The Taliban fought the US forces in the last two decades and now they are using up large stock of weapons and equipment left behind by those forces.
Highlights
Hyundai forms a task force for supporting flood-affected customers
Hyundai Motor India has said that the company has formed a task force to support their customers who are affected due to heavy floods in Tamil Nadu and Pondicherry.
Highlights
- Hyundai Motor forms a task force for flood affected customers
- The...