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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. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

Tesla China, SAIC, Chery, Geely, Stunning Wall Motors, Changan, and BYD are a number of the largest participants to Chinese language car exports. These days, SAIC is the biggest Chinese language car exporter with its MG emblem contributing essentially the most to this stellar efficiency. 37 million automobiles.

Japan 52
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Study: countries seeking to cut CO2 emissions must get a handle on city-level emissions

Green Car Congress

Total CO 2 emissions of 182 Chinese cities. The data used in the study was gathered by a team of researchers working on the Chinese Emissions Accounts and Datasets program ( CEADS ). Shan et al. —Prof Guan. Yuli Shan, Dabo Guan, Klaus Hubacek, Bo Zheng, Steven J.

Emissions 210
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Tesla Bear believes TSLA India market might be even bigger than China: report

Teslarati

You know, I’ve been talking about this, I guess for about a year now, but [Tesla has] actually been building out stores in India and building out supply chain in India. Since it entered the Chinese car market, Tesla’s fundamentals have improved over time.

India 143
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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

Once up and running, BYD’s new plant in Thailand is expected to build 150,000 EVs a year. BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

This growth builds on a record-breaking 2023. While demand remained largely concentrated in China, Europe, and the US, growth also picked up in some emerging markets such as Vietnam and Thailand, where electric cars accounted for 15% and 10%, respectively, of all cars sold.

Global 52
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Saudis Expand Price War Downstream

Green Car Congress

On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. However, one cannot easily neglect the Indian and Chinese refiners. Moreover, Indian refiners are now moving away from Saudi Arabia which was previously India’s largest crude oil supplier.