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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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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

Emissions 170
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Wärtsilä enters into licence agreement with CSSC Guangzhou Marine Diesel Engine Co. Ltd for manufacture of Wärtsilä 2-stroke engines in China

Green Car Congress

Ltd (GMD), a member of the state-owned China State Shipbuilding Corporation (CSSC) Group, have signed a licence agreement for the manufacture and sale of Wärtsilä 2-stroke engines in China. GMD is based in the Panyu District, close to the major Chinese city of Guangzhou and the special administrative region of Hong Kong.

Mariner 186
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Study: countries seeking to cut CO2 emissions must get a handle on city-level emissions

Green Car Congress

Using China as a model, the team compared emissions data from 180 cities across the country, looking at the industrial make-up of each city, its socioeconomic profile, and the types of energy produced and consumed. Total CO 2 emissions of 182 Chinese cities. Shan et al. Yuli Shan, Dabo Guan, Klaus Hubacek, Bo Zheng, Steven J.

Emissions 210
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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. The automaker solidified its commitment to the region as Thailand works toward its goal of having 30% of vehicles manufactured in the country to be electric.

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

Baua Electric

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector.

Global 52
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. million were EVs.