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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 This trend reflects a steady rise in the EV sector, despite various external factors and policy changes affecting the market.

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

Baua Electric

Reuters reported in September VinFast had begun hiring for sales, legal and back office jobs in India, seeking recruits who “dare to think, dare to do, and dare to face difficulties.” ” It is not immediately clear what the size of the investment is or when a VinFast factory will become operational in Tamil Nadu.

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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Honda has plans for a mid- to large-size electric vehicle to debut for sale in North America in 2025, based on a dedicated platform. An EV based on the N-ONE will go on sale in Japan in 2025, with two small EVs following in 2026. The ultimate goal is electric motorcycle sales of 3.5 One will be an SUV.

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

Baua Electric

Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than 80% from a late-2022 record, as the market whiplashed from shortage fears to a mountain of surplus inventories. Chemaf Resources Ltd. Building new mines takes years and sometimes decades, and stalled projects can often be hard to restart.

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