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Foxconn partnering with Thailand’s PTT to build EVs; MIH open EV platform

Green Car Congress

Foxconn and PTT have signed a Memorandum of Understanding to collaborate in setting up an open platform for producing electric vehicles (EV) and key components to serve the EV sector in Thailand. PTT is a Thai state-owned oil and gas company and the largest publicly listed conglomerate in Thailand.

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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. In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. What is the mystery behind it?.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

High-efficiency battery systems will also be manufactured and assembled within the production network. Local production of highly efficient battery systems plays a central role in the Mercedes-Benz strategy - coupled with a comprehensive sustainability concept that spans the entire life cycle of the battery all the way to recycling.

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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

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Lux: micro-hybrids will provide the most economical path for automakers to meet 2025 fuel efficiency targets

Green Car Congress

While battery-electric vehicles, super-light carbon fiber composites, and hydrogen fuel cells will all be available, a new report from Lux Research has concluded that micro-hybrids will provide the most economical route—$1,700 additional average vehicle cost—to meet aggressive fuel efficiency targets in 2025: 54.5

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Mitsubishi to debut eight xEVs in next five years: hybrids, plug-in hybrids, EVs

Green Car Congress

Mitsubishi Motors Corporation (MMC) plans to introduce eight hybrid (HEV), plug-in hybrid (PHEV), and battery-powered (BEV) models by fiscal year 2015 in anticipation that demand for low-carbon, fuel-efficient automobiles will expand worldwide.

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As Detroit of Asia, Thailand goals battery makers to stick forward in EV race

Baua Electric

And life exports have accounted for the lion’s percentage of Thailand’s auto output (WTO knowledge values automobile exports at $22 billion a hour), the federal government may be prepared to inspire a home EV marketplace, providing subsidies of as much as 150,000 baht to backup drivers manufacture the transfer from gasoline-powered automobiles.