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Super-app Grab, the equivalent of Uber in Southeast Asia, and Chinese electric vehicle (EV) manufacturer BYD have forged a major regional partnership to electrify the region’s transportation landscape.
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.
continued] The post Japanese Car Sales Plummet In Southeast Asia As Chinese Cars Gain Market Share appeared first on CleanTechnica. Tons of new cars are sold every year in Southeast Asian countries like Singapore, Indonesia, Thailand, and Malaysia. Those markets have traditionally been ignored by German and US.
This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.
Ford Motor Company is reorganizing its Asia Pacific operations. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. Success in China is critical as we reposition our global business for long-term success.
XPENG opens its first “XPENG Tech Center” in Asia, located in Wan Chai, Hong Kong, showcasing cutting-edge AI-defined mobility technologies and robotics XPENG announces plans for launching XP Supercharging network outside the Chinese mainland, with first batch of stations located.
Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries. Chinese factories are restarting, so the pressure on supply of key components and equipment is likely to ease. Chart: BloombergNEF.
At the current estimated low-speed electric vehicle fleet size, the potential fuel demand displacement could exceed 60,000 barrels per day—2% of current total Chinese gasoline demand.
Tom Zhu, president of Tesla China, will oversee Tesla's Asia-Pacific region, a position previously held by a US executive, according to Bloomberg. The post Tesla reportedly puts Chinese exec in charge of Asia Pacific operations appeared first on CnEVPost. For more articles, please visit CnEVPost.
Toshiba Electronic Devices & Storage Corporation announced that Zhejiang Asia-Pacific Mechanical & Electronic Co. The decision recognized the growing number of vehicles incorporating ADAS functions on China’s roads, with the Chinese market for vehicle-mounted cameras expected to grow fourfold from 2019 to 2030, to almost US$6.1
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.
At the first stage of the project, InnovizPro lidar is being utilized in Shaanxi Truck’s autonomous proof of concept project at the Chinese port, with Shaanxi’s ultimate goal being the deployment of up to 600 trucks at this site. The company is also one of the leaders in China in the field of autonomous driving research and development.
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. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 What is the mystery behind it?.
MingYang Smart Energy has launched a huge turbine blade made of over 95% recyclable materials – the first of its kind in Asia. more… The post A Chinese wind turbine maker just debuted Asia’s first recyclable blade appeared first on Electrek.
Tesla export ship trackers have identified at least 12 ships traveling to Europe and Asia for Q4, delivering vehicles from the Fremont Factory and Giga Shanghai. Two of the identified Tesla ships are carrying cars from Fremont to Asia. Giga Shanghai will probably start making cars for the Chinese market as December nears.
In October 2019, Volkswagen added a plug-in hybrid drivetrain for the Chinese model. The normal wheelbase (NWB) version is manufactured at Volkswagen’s main plant in Wolfsburg, Germany, for markets in Europe, Africa, Asia and Oceania. In Shanghai, Volkswagen manufactures the LWB Tiguan L for the Chinese market.
The market for electric motorcycle and electric scooters is nascent in most regions of the world, except for Asia-Pacific. Although the e-scooter and e-motorcycle market has yet to develop high sales volumes outside of the Chinese market, companies are finding success through fleet and off-road markets. —Pike Research.
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. more… The post Chinese electric moped giant NIU’s radical new e-bike is set to shakeup the US, EU markets appeared first on Electrek.
Initially, service coverage will be provided to the Chinese market and the Asia-Pacific region with plans for expanding global coverage after 2026. Geespace operates and manages its satellite constellation through a network of ground stations in China established in Qingdao, Taizhou, Korla, Chengdu, and Harbin.
Build Your Dreams’ (BYD) momentum in global expansion continues to snowball into new markets, including Central Asia where the Chinese automaker is launching three models beginning this month. more… The post BYD continues global expansion by entering Central Asia, launching 3 models in Uzbekistan appeared first on Electrek.
Deliveries coming soon pic.twitter.com/UYQdXCxD07 — Tesla Asia (@Tesla_Asia) February 18, 2025 New Model Y ramp: Tesla Asia officially announced through its official account on X that the new Model Y has started production in Gigafactory Shanghai. Production of the new Model Y has officially started at Gigafactory Shanghai.
Volkswagen Group China, SEAT and the Chinese auto manufacturer JAC, which together form the joint venture JAC Volkswagen, continue to drive SEAT’s market-entry strategy. The Spanish brand aims to enter the Chinese market in the coming two to three years. The goal is to deliver around 1.5 Stephan Wöllenstein, CEO Volkswagen Group China.
Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan.
This increase lifts the total market share of NCM 811 (by capacity deployed) to 2% in May 2019 at the global level, and 4% for the Chinese market, from just 1% and 2% the month prior, respectively, due to the launch of a number of new EV models in China using NCM 811 cells from CATL ( earlier post ).
The economic growth rates in emerging markets such as Asia, Latin America, Africa and the Middle East, are outstripping more economically developed regions. One significant effect is that the middle classes in Asia are expected to quadruple in size by 2033 whereas globally they will double from 33% to 63% of world population.
Tesla Asia celebrated the Shanghai Megafactorys first Megapack exports through its official social media account on X. pic.twitter.com/KnQoEpdefs — Tesla Asia (@Tesla_Asia) March 21, 2025 The Shanghai Megafactory The Shanghai Megafactory began production in early 2025 , a record eight months after its May 2024 groundbreaking.
Reflecting the concentration of lithium-ion battery manufacturers and associated cathode material producers in China, Japan and South Korea, the East Asia region has become an increasingly important consumer of lithium products over the last decade. Galaxy Resources commissioned a new 17,000 tpy LCE mineral conversion plant in China in 2012.
StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies. Total investment could be up to €500 million.
Russian State Corporation Rostec, one of the largest Russian industrial conglomerates, and Chinese State Corporation Shenhua, the world’s leading producer and distributor of coal, have signed a Memorandum of Understanding. High calorific value coal concentrate will be exported to Asia-Pacific countries, mainly to China. billion tons.
Half of the four major lithium producers in Yichun, Jiangxi province, nicknamed the "lithium capital of Asia," have opted to shut down production, according to local media. Some producers in a Chinese lithium-producing hub are shutting down production as lithium prices have seen a rare streak of several months of declines this year.
The round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal Capital, Union Tech Ventures, Cendana Capital and Allied Group subsidiary Champion Motors, the Israeli direct importer and distributor of Volkswagen Group.
Russia has reportedly been looking to reduce the impact of sanctions by turning to Asia for trade. Secondly, this would lead to an increase on the reliance on China for companies downstream, as Chinese companies play a key role in the main nickel mines in these countries.
The move, making Daimler the first non-Chinese automotive company to take a stake in a Chinese OEM, deepens an existing strategic partnership. It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market. Ltd to develop an electric vehicle for the Chinese market.
GSR is honored to lead this round of investment in a disruptive technology that we believe has great promise for the Chinese automotive market and potentially building a global EV platform. The city of Liyang is partnering to provide prototype manufacturing support, with favorable industrial policy. Passenger car sales climbed to about 14.5
A Tesla executive managing the Australian and surrounding markets has detailed the company’s plans to move away from rapid pricing changes with the arrival of the new Model Y, especially as electric vehicle (EV) competition from other Chinese automakers arrives in Australia and surrounding markets.
Image credit: WeRide) Chinese self-driving startup WeRide plans to start testing autonomous vehicles in Singapore this year, as it begins to set its sights on Southeast Asian markets. On March 27, Singapore Prime Minister Lee Hsien Loong kicked off a six-day visit to China and visited WeRide's headquarters in Guangzhou, said the article.
Adopt NVIDIA’s DRIVE X platform for Baidu’s Apollo self-driving car initiative ( earlier post ), and develop self-driving cars with major Chinese carmakers. Bring AI capabilities to Chinese consumers by adding Baidu’s DuerOS conversational AI system to NVIDIA SHIELD TV.
The planning and construction of this industrial park is a concrete step to implement the Chinese government’s green development goals for Guangdong and the national ‘Made in China 2025’ strategy. Power Asia Pacific’s 2016 China Initial Quality Study, the highest of all Chinese brands for the fourth consecutive year.
Benchmark’s cobalt hydroxide prices (100% Co contained basis, CIF Asia) have risen from a low of $21,600/tonne in April 2020, at the peak of concern of falling demand linked to the pandemic, to $27,150/tonne as assessed at the end of October 2020, an increase of 25.7%.
Asia Pacific is the largest market for Li-ion battery e-bicycles, due to a large Japanese and Chinese market (320,065 and 717,227 e-bicycle sales in 2013, respectively). The rear wheel hub is the most popular location, and most of the large Chinese market is utilizing rear hub motors (worldwide sales are expected to reach 35.9
Initiatives with all three Chinese vehicle production joint ventures – FAW-Volkswagen, SAIC VOLKSWAGEN and JAC Volkswagen – will enable this target to be reached. Together with our partners, we have advanced the Chinese automotive industry. Now, it’s time to bring the Chinese mobility to the next level.
LGES’ talks with Chinese material suppliers come after the EU Commission started imposing extra tariffs of up to 38% on imported EVs made in China. “We We are having talks with Chinese firms who will develop LFP cathode with us and produce them for Europe. “We
The fledgling brand from Chinese giant Changan this month hosted a launch party at Bondi Beach to herald the imminent arrival of the new S07 mid-sized electric SUV. READ MORE: Fancy another Chinese takeway? We’re exploring and we’re talking to our Chinese team about all of the vehicles here tonight and how we bring them to Australia.”
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