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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S. While BYD said just last month that it has no plans to enter the U.S.

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Chinese electric moped giant NIU’s radical new e-bike is set to shakeup the US, EU markets

Electrek

NIU’s claim to fame is its wildly popular smart electric scooters , which have taken off in Asia and continue to post strong sales in the European and North American markets. Now NIU’s upcoming electric bicycle may be preparing to turn the e-bike industry on its head.

Chinese 138
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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Asia is one of the most important growth regions.

China 368
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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

million tonne, according to Nikkei Asia. Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia. per cent, 1.3

Chinese 40
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Roskill: Japanese steel industry is poised for a major downsizing in the years to come

Green Car Congress

Nippon Steel’s announcement is the latest example of the challenges faced by the steel industry in developed economies, notes Roskill: overcapacity and environmental regulations. The Japanese steel industry has a total capacity of 130 Mtpy. China is increasingly gaining market share in Southeast Asia, the region’s battleground.

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Roland Berger and fka Index: China to dominate EV market and industry in foreseeable future

Green Car Congress

The consultancy says that China will dominate both the market and the industry in the foreseeable future. The index assess the relative competitive position of the seven leading automotive nations (Germany, France, Italy, the US, Japan, China and South Korea) on the basis of three key indicators: technology; industry; and market.

China 150