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Renault Korea to make additional investments in EV facilities at Busan Plant
Renault Korea to make additional investments in EV facilities at Busan Plant On October 30, Renault Korea announced that CEO Nicolas Paris presented a new investment plan and filed a foreign direct investment (FDI) report during the Global Corporate Investment Partnership event, held as part of the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit on October 29. At the event, Paris emphasized that Renault Korea is one of the five strateg...
News Updated at: 2025/10/31
GlobalData blog: Nexperia crisis gives rise to chip supply concerns
n the automotive industry. These chips are not cutting-edge but have multiple controlling applications throughout the vehicle including lighting, airbag and power window systems. The company’s customers tend to be Tier 1 suppliers and OEMs are largely based in Europe and the US, with some also in Asia. Origins of the Dispute This disruption is believed to be a result of the US and China jostling for leverage in the build up to a key summit betw...
News Updated at: 2025/10/31
JMS 2025: BYD exhibits 13 models including the world premiere of the T35 light-duty electric truck and the RACCO mini EV prototype
JMS 2025: BYD exhibits 13 models including the world premiere of the T35 light-duty electric truck and the RACCO mini EV prototype On October 29, BYD Japan Group held a press briefing at the Japan Mobility Show 2025 (Press days: October 29-30, Public days: October 31-November 9) at Tokyo Big Sight. Mr. Xueliang LIU, General Manager of BYD's Asia Pacific Automotive Sales Division and President of BYD Japan Co., Ltd. (BYD Japan), Mr. Atsuki Tofukuj...
News Updated at: 2025/10/31
U.S. and South Korea agree on trade deal regarding tariffs and investment
U.S. and South Korea agree on trade deal regarding tariffs and investment On October 29, 2025, the United States and South Korea reached an agreement on a trade deal between the two countries as U.S. President Donald Trump and South Korean President Lee Jae Myung attended the Asia-Pacific Economic Cooperation summit in Gyeongju, South Korea. While a formal agreement between the countries has not yet been finalized, certain details on the trade de...
News Updated at: 2025/10/30
Jeep begins production of third generation Compass at Melfi plant, Italy
/departure angles, and 480 mm water fording capability. At Melfi, a flexible assembly line allows production to adjust quickly to market demand, even up to 100% electric models. The plant employs over 4,600 people. The new Compass will be sold in 60 countries across Europe, the Middle East, Africa, Asia, Australia, and New Zealand, making it one of Jeep’s most global models. Based on Stellantis press release...
News Updated at: 2025/10/29
BMW Nanjing opened
opened. BMW Nanjing, formerly LingYue Digital Information Technology Company Limited Nanjing Branch established in 2021, functions as one of BMW Group’s six information technology centers around the globe and the group’s only information technology center in China and largest innovation site in Asia. From a BMW Group press release...
News Updated at: 2025/10/29
Spark EV – Mile Green introduce Thailand’s first e-motorcycle public charging ecosystem
ng and loyalty programs through its Web3 platform, EVOLVE, enhancing accessibility and reducing charging downtime. The partnership leverages Spark EV’s charging network and Mile Green’s advanced battery expertise to establish new standards for speed, convenience, and e-mobility across Southeast Asia. Looking ahead, the companies aim to integrate hardware and software into a seamless, user-friendly platform while preparing the collaboration fo...
News Updated at: 2025/10/28
Dürr completes turnkey paint shop for TC Group’s new Skoda plant in Vietnam
s Dürr’s first collaboration with TC Group and supports the launch of Skoda vehicle production in Vietnam. Spanning 36.5 hectares, the TCVH facility is designed for an annual capacity of up to 120,000 vehicles and will serve as a key hub for Skoda’s production and distribution across Southeast Asia. Despite disruptions in sheet metal processing and electrical component supply, fluctuations in maritime transport, and extreme weather events su...
News Updated at: 2025/10/28
Eight Japanese OEMs’ global production for April through September 2025 marks first increase in two years
e exported vehicles are destined for the U.S. Accordingly, it is possible that the U.S. Trump administration’s additional tariffs had an impact on the domestic production volume. The outlook still remains uncertain due in part to fierce sales competition in key markets such as China and Southeast Asia. Only Toyota Motor Corporation and Suzuki Motor Corporation posted a y/y increase in their production outside Japan, and the overall overseas pro...
News Updated at: 2025/10/28
Trump lands in Japan after trade deals with Thailand, Vietnam, Malaysia, Cambodia
Trump lands in Japan after trade deals with Thailand, Vietnam, Malaysia, Cambodia U.S. President Donald Trump arrived in Japan on October 27, the second stop on his Asia tour that will culminate a few days later with a high-stakes meeting with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation Summit in Gyeongju, South Korea. Trump visited with Japan's Emperor Naruhito after landing in Tokyo, after which he wil...
News Updated at: 2025/10/28
U.S.-Korea investment fund stuck on key points ahead of Trump’s Asian visit
U.S.-Korea investment fund stuck on key points ahead of Trump’s Asian visit The U.S. and South Korea remain stuck on all the major details of a USD 350 billion investment pledge, President Lee Jae Myung said on October 24, indicating the countries may not finalize a trade deal in time for a summit meeting with U.S. President Trump. “The method of investment, the amount of investment, the timeline and how we will share the losses and divide th...
News Updated at: 2025/10/28
GlobalData blog: Busworld Europe 2025: the future of urban mobility
Across regions, decarbonisation is a common link. In Europe, low emission zones and EV minibuses are expected to dominate urban contracts. In the US, federal funding is fuelling the electrification of school fleets, with smaller Type A buses forecast to make up 30–40% of new sales by 2030. Across Asia-Pacific, China leads production while India and Japan are expanding EV pilots. However, electrification is just one part of the story. Safety and...
News Updated at: 2025/10/27
Grab and May Mobility collaborate on next-gen autonomous mobility in Southeast Asia
Grab and May Mobility collaborate on next-gen autonomous mobility in Southeast Asia On October 23, 2025, May Mobility, Inc., a leading autonomous vehicle (AV) developer, and Grab Holdings Limited, Southeast Asia’s largest superapp, revealed a multi-year collaboration to bring AV services to the region. As part of the deal, Grab is investing in May Mobility to support its growth beyond the U.S. and Japan. The partnership will integrate May Mobil...
News Updated at: 2025/10/27
JMEV to ship first 50 Ewind SUVs to markets outside of China
hina, including Singapore, Columbia, and Pakistan. To date, JMEV’s New Energy Vehicles (NEVs) have been sold to 39 countries and regions in the world, with sales volumes up 287% year-over-year. Furthermore, JMEV signed a strategic cooperation agreement with Itochu Corporation for expansion of the Asia-Pacific NEV market, as well as orders with dealers from six countries, including Singapore, Sri Lanka, and Pakistan, for further acceleration of ...
News Updated at: 2025/10/27
GM profits drop 58% in Q3 amid tariffs, EV expenses
1.1billion, EBIT-adjusted fell 18.0% to USD 3.4 billion, and net income fell 56.6% to USD 1.3 billion. In Q3, GM delivered 1.56 million vehicles globally, up 5.9% from Q3 2024. North American deliveries were up 5.9% to 837 thousand, while Soth American deliveries were down 2.7% to 107 thousand, and Asia/Pacific, Middle East and Africa deliveries were up 7.5% to 619 thousand. GM updated its full-year guidance. The guidance for EBIT-adjusted was ra...
News Updated at: 2025/10/24
Carney hopeful, but cautious on sectoral tariff deal with U.S. by end of October
eel, aluminum, copper, autos, and lumber. “I’m looking forward to see the president (Trump) at APEC in (South) Korea, but we’re going to be seeing lots of other countries, and one of our core elements of our strategy is diversifying trade,” Carney also said. “That’s why we’re going to Asia.” Carney is travelling to Malaysia next week to meet with ASEAN leaders, and will then head to South Korea for the Asia-Pacific Economic Cooper...
News Updated at: 2025/10/23
Changan launches Deepal new S07 and Deepal Hunter K50 REEV Max AWD in Thailand
Changan launches Deepal new S07 and Deepal Hunter K50 REEV Max AWD in Thailand Announced on October 20, 2025, Changan Automobile displayed its latest vehicles in Thailand, emphasizing its ambition to lead the premium EV segment in Southeast Asia during a conference that also advanced its ‘In Thailand, For Thailand’ strategy. The Deepal new S07 SUV features an advanced LFP battery that charges from 30% to 80% in just 15 minutes, European-style...
News Updated at: 2025/10/22
Changan to export over 1,000 Thailand-made Deepal S05 units to Europe by end-2025
by the end of 2025, a significant step in its strategy to establish Thailand as a regional EV hub. As part of its “In Thailand, For Thailand” initiative, the company has invested THB 10 billion in its first overseas manufacturing plant located in Rayong, which supplies markets across Southeast Asia, Australia, and New Zealand. The facility has generated 20,000 jobs, with over 90% of the workforce being Thai and 60% of components sourced loca...
News Updated at: 2025/10/22
Office building at Lexus NEV manufacturing site in Shanghai opened
will expand to around 280 people. The site, Toyota’s first wholly-owned NEV project in China, delivers a planned initial annual production capacity of 100,000 battery electric vehicles. Not only are the vehicles targeted at the Chinese market, but 20% will also be exported to Europe and Southeast Asia. Going forward, solid-state batteries with an energy density exceeding 400Wh/kg will reach mass production at the site. From multiple press relea...
News Updated at: 2025/10/21
CATL Intelligent completes external financing for first time
4, CATL Intelligent has established a diversified cooperation ecosystem covering passenger vehicles and intelligent mobility, and has successively reached cooperation on skateboard chassis with Chinese automobile brands such as BAIC Group and Avatr, as well as companies in regions such as Southeast Asia, the Middle East, and Europe. (From a CATL Intelligent press release dated October 11, 2025)...
News Updated at: 2025/10/21
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