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

Green Car Congress

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. kWh/100 km) started in Vitoria, northern Spain.

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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. A large market of 10 million vehicles. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79

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

Baua Electric

The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market. million fully battery-electric vehicles , overtaking Telsa in overall BEV sales. It is also building plants in Brazil and Thailand.

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Cabinet greenlights Tata’s INR 91,000-crore chip foundry proposal – ET Auto

Baua Electric

In total, this plant will churn out 300 crore chips per year, which will cater to the demand in high-power compute, electric vehicles, telecom, defence, consumer electronics, automobile and power electronics. The unit is expected to have a capacity of 15 million chips per day and need an investment of INR 7,600 crores.

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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.