Remove Hybrid Remove Manufacturer Remove Market Remove Philippines
article thumbnail

Thailand’s EV industry growing rapidly

Green Car Congress

The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Electric vehicle battery production is growing in Thailand, with manufacturing plants operated by SAIC, Honda, Toyota and a recently announced Mercedes production facility.

article thumbnail

Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars. Along with the release of the study, Nissan announced that the new LEAF will go on sale in seven markets in Asia and Oceania during the next fiscal year: Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea and Thailand.

Nissan 210
article thumbnail

TM4 China JV receives order for 200 SUMO HD electric powertrains from Foton

Green Car Congress

has received an order for more than 200 SUMO HD electric powertrains from Foton, one of Chinas largest bus manufacturers. The TM4 SUMO systems are optimized for medium-and heavy-duty electric and hybrid vehicles such as 6-18 meter buses, delivery trucks, shuttles, tow tractors and more.

China 225
article thumbnail

Sumitomo Metal Mining to boost production of NCA for Li-ion batteries by 38%; targeting Tesla Model 3

Green Car Congress

The company is working to increase the performance and stable supply of cathode materials for rechargeable batteries by drawing on the strengths deriving from its handling of all steps involved, from nickel ore smelting to advanced materials manufacturing. SMM’s nickel hydroxide has a large share of the market.

Li-ion 150
article thumbnail

TM4 and Prestolite Electric Beijing forming JV for heavy-duty electric traction systems

Green Car Congress

Leveraging TM4’s licensed technologies, the new company will develop, manufacture, sell and supporting electric traction systems for trucks and buses, as well as commercial, off-road and marine vehicles. GEN, hybrid powertrain; and. TM4 will continue to supply the ASEAN markets with technologies related to light electric vehicles.

article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.