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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. 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?.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

million tonne, according to Nikkei Asia. Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia. per cent, 1.3

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to GlobalData. Now is a critical time for EV adoption, as advanced economies aim to accelerate the decarbonization process.

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Tesla is opening a flagship store in Thailand: report

Teslarati

Kenichi Shimomura, principal at Roland Berger, noted that Thailand could be a test of sorts for Tesla as the company attempts to break into the Southeast Asian automotive market. “Tesla sees Thailand as a test market for accelerating its expansion in Southeast Asia,” Shimomura said, as noted in a report from Nikkei Asia.

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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

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.

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J.D. Power Asia Pacific study finds auto brands improve in gratifying new-vehicle owners in China

Green Car Congress

Power Asia Pacific 2010 China Automotive Performance, Execution and Layout (APEAL) Study released last week. Intensified competition has driven both international and domestic auto brands to launch new and better vehicles that appeal specifically to the eyes and hearts of Chinese consumers. Power Asia Pacific, Shanghai.

Asia 199