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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?.

Asia 97
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia. “The Chinese car companies are the most competitive car companies in the world,” Musk said during the call.

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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

Chinese 40
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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

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.

Auto 368
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Chinese electric moped giant NIU’s radical new e-bike is set to shakeup the US, EU markets

Electrek

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. Now NIU’s upcoming electric bicycle may be preparing to turn the e-bike industry on its head.

Chinese 135
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Roskill: Japanese steel industry is poised for a major downsizing in the years to come

Green Car Congress

Nippon Steel’s announcement is the latest example of the challenges faced by the steel industry in developed economies, notes Roskill: overcapacity and environmental regulations. The Japanese steel industry has a total capacity of 130 Mtpy. China is increasingly gaining market share in Southeast Asia, the region’s battleground.

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Innoviz solid-state lidar selected by Shaanxi Heavy Duty Automobile Co. for autonomous truck project at Chinese port

Green Car Congress

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.