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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

Green Car Congress

Ford Motor Company is reorganizing its Asia Pacific operations. As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. —Ford President and CEO Jim Hackett.

Asia 207
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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

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In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions. Nio Power Swap stations. Heavy-duty sector.

Asia 326
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Global hydrogen station deployments surpass 1,000; China leads

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China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations. The second highest hydrogen station deployments after China are in Japan, followed by Korea, said Shakeel Ahmed, Senior Analyst at Information Trends.

Hydrogen 514
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Tesla Cybertruck lands in Tokyo, continuing tour across Asia

Teslarati

The Tesla Cybertruck landed in Tokyo today, making its most recent stop in the tour across Asia. Cybertruck… pic.twitter.com/vIkfPr97lK — Tesla Asia (@Tesla_Asia) February 16, 2024 The Cybertruck was set to make its way to China for a tour, Tesla announced in mid-January , and it is expected to go on until March 31.

Asia 132
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TTTech Auto expands in China with MotionWise software platform for automated driving

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TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

China 368
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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

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Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. —Teja Pappoppula, Oil and Gas Analyst at GlobalData.

Asia 195
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HASCO Magna eDrives hit the market on Volkswagen MEB platform

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Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. HME) team in China has started high-volume serial production of secondary eDrive systems for the Volkswagen ID.4 The HASCO Magna Electric Drive Systems Co.,

Market 417