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Daihatsu and Toyota form new cooperative business in Indonesia; new compact Daihatsu and Toyota models

Green Car Congress

Daihatsu Motor and Toyota Motor are forming a new cooperative business in Indonesia, under which the two companies are to respectively market a new Daihatsu-brand and Toyota-brand compact car there. Both the vehicles are planned for display at the Indonesia International Motor Show in September as models planned for sale in Indonesia.

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Japan government, companies pushing ITS in emerging markets

Green Car Congress

The Nikkei reports that the Japanese government, major automakers and highway infrastructure companies are now working together to package technologies and services for sale in emerging markets such as India and Indonesia to address the growing problem of traffic congestion. and Toyota Tsusho Corp.

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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 Stability in Europe Europe is likely to witness a stable increase in EV sales, with projections of 3.4 million EV sales.

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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the people said, adding that this was separate from its previously announced plans to assemble vehicles shipped in parts from Vietnam. An announcement by the company on the new plant is expected in coming days, two people said.

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Honda Speaks About Near Future, EV Plans

The Truth About Cars

The company also says its break-even point based on the percentage of production capacity being utilized is down about 10 percent, again since fiscal year 2019. Honda also says it's continuing to aim to reach a goal of a 7 percent return on sales by fiscal year 2026. It's not just electric cars the company has set its sights on.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

last year put itself up for sale after a slump in the cobalt price left it struggling to finish key projects in the Democratic Republic of Congo, and London-based Horizonte Minerals Plc scaled back work on its Brazilian nickel mine as it searches for funds to complete construction, and announced an emergency USD 20 million financing late last year.

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