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ZM Trucks debuts electric T75 Terminal Tractor for heavy-duty port operations
415 peak hp and up to 2,802 lb-ft of torque. It's built with a complete ABS air brake system, LED exterior lighting, and halogen headlights to support safety in all conditions The T75 is now in full production and available for order in the U.S., Canada, and Mexico. With manufacturing facilities in Asia and North America, ZO Motors combines cutting-edge tech with a commitment to reducing environmental impacts. (ZM Trucks release on July 14, 2025)...
News Updated at: 2025/07/15
Luxshare-ICT secures majority ownership of Leoni
Solutions (ACS) division. Leoni and Luxshare will leverage their respective OEM relationships to strengthen their global market position, especially with OEMs like Tesla and Chinese automakers. TIME Interconnect’s acquisition of ACS expands its European market access and boosts ACS’s reach into Asia. Luxshare’s electronic components will empower Leoni further to enhance vertical integration within its wiring systems production. They will de...
News Updated at: 2025/07/11
Hungary and China to launch joint EV and energy storage development center in Hungary
mart electric vehicles and energy storage systems will be set up in Zalaegerszeg, Hungary. The project is led by the China-U.S. Green Fund, Zhongzhi Zhitong Testing Technology, and Automotive Proving Ground Zala Ltd. The parties aim to create testing and certification facilities that serve Europe, Asia, and America markets. The center will create a development ecosystem around ZalaZONE, bringing together East Asian and European automakers and su...
News Updated at: 2025/07/11
Arrow Electronics, USA opens engineering solutions center in Bangalore, India
neering Solutions Center (ESC) in Bangalore, India. The center aims to support rapid development and deployment of advanced technologies like AIoT, edge computing, intelligent sensing, and energy management across sectors, including automotive, industrial, aerospace, and defense in India, Southeast Asia, South Korea, and Japan. The ESC offers end-to-end engineering support—from component selection (MCUs, SoCs, wireless modules) to system-level ...
News Updated at: 2025/07/10
Neo, Canada secures rare earth magnet supply deal with European Tier 1 EV supplier
xpected to generate around USD 50 million in total revenue over its duration, based on current market prices and customer estimates. The commercial deliveries of the magnets are expected to begin in mid-2026 for this contract. Neo’s new European facility is the first sintered magnet plant outside Asia, focused on serving customers in the EV and other sectors in Europe and North America. The plant is also expanding into non-traction-motor applic...
News Updated at: 2025/07/10
Inteva to invest MXN 150 million to expand plant in Mexico
pand its plant in Matamoros, Tamaulipas. The project will generate 500 new jobs and contribute to the economic development of the border region. Inteva manufactures automotive components such as closure systems, interior systems, and electronics. It operates engineering and manufacturing centers in Asia, Europe, and North America, and recently opened a Technical Center in Queretaro focused on interior trim component engineering. (Nearshorer on Ju...
News Updated at: 2025/07/10
Innoviz, Israel ships first InnovizTwo lidar units from Fabrinet's production line
shipment of the first InnovizTwo LiDAR units from Fabrinet's production line. This marks a major milestone in Innoviz's journey to mass-produce its InnovizTwo LiDAR technology for the autonomous vehicle industry. Fabrinet's global footprint of manufacturing sites spread across the United States and Asia enables Innoviz to scale production to volume efficiently and cost-effectively. The production ramp-up at Fabrinet's facility follows months of c...
News Updated at: 2025/07/09
U.S. copper prices surge to record as Trump calls for 50% tariff
tter to the European Union within the next two days threatening to impose steep tariffs on the bloc if it does not reach a trade deal with the U.S. Trump noted that he was displeased with European policies towards U.S. tech companies. On July 7, Trump sent similar letters to 14 countries, mostly in Asia, outlining higher tariffs slated to go into effect August 1. (multiple sources on July 8, 2025)...
News Updated at: 2025/07/09
Daimler Truck sales down 4.9% in Q2, down 6.6% in H1 2025
o 1,232 units, compared to 648 units in Q2 2024. • Daimler Trucks North America segment accounted for 38,580 units in the Group’s total sales, down 20.0% from 48,246 in Q2 2024.• Mercedes-Benz Trucks sold 38,294 units, very similar to the 38,481 units in 2024.• Daimler Trucks Asia reported a 13.0% increase in sales to 26,443 units in Q2, compared to 23,411 units in the same period last year.• Daimler Buses increased ...
News Updated at: 2025/07/09
10th iEVTech Conference highlights Thailand’s EV ambitions
10th iEVTech Conference highlights Thailand’s EV ambitions From July 2 – 4, 2025, iEVTech 2025 was held in Bangkok, marking its 10th year as a key platform for advancing electric vehicle development in Thailand and Southeast Asia. Themed “Mobilize to Globalize: Innovative Supply Chain and Technology for Sustainability,” the event highlighted Thailand’s goal of becoming a regional EV hub and achieving 30% zero-emission vehicle adoption...
News Updated at: 2025/07/07
NBHX inaugurates production line in Mexico
mponents, significantly reinforcing the region’s automotive supply chain. NBHX also plans to increase its production capacity sevenfold by 2030. This expansion strengthens the plant’s position as one of the group’s most productive globally. The company, which operates in the U.S., Europe, and Asia, aims to establish Aguascalientes as a key manufacturing hub in North America. (Mexico Industry on July 1, 2025)...
News Updated at: 2025/07/05
BYD cancels plans for building plant in Mexico
decided to delay any investment decision until there is more clarity on U.S. trade policy. The move follows concerns that the U.S. sees Mexico as a backdoor for Chinese automakers to bypass tariffs. Despite this, BYD maintains interest in Latin America and is proceeding with its first plant outside Asia in Brazil. While Mexico remains a potential site, no formal investment proposal has been submitted, and the project is currently on hold. Accordi...
News Updated at: 2025/07/05
GAC targets 2,000 AION Y Plus EV deliveries for ride-hailing fleet in Thailand with CLVG
SUVs for ride-hailing services, launching a larger project targeting 2,000 units in Thailand. The event also marked a strategic partnership between GAC and Thai car rental and mobility solutions provider CLVG (Thailand) Co., Ltd., aimed at expanding GAC’s electric mobility presence in Southeast Asia, including Indonesia and Malaysia. The initiative supports Thailand’s carbon neutrality and EV goals, with the vehicles enhancing urban transpo...
News Updated at: 2025/07/03
EVE Energy inaugurates innovative testing center, joint lab in Malaysia
a subsidiary of EVE Energy Co., Ltd. (EVE Energy), inaugurated an innovative testing center and a joint lab. Housing internationally leading testing equipment and a professional technical team, the new center will function as a high-standard and systematic quality management platform in Southeast Asia that provides testing services for local customers. Furthermore, EVE Malaysia established a joint lab with Tunku Abdul Rahman University of Manag...
News Updated at: 2025/07/02
Kim Long Motor, Vietnam to export 3,000 buses yearly to Thailand under CHO THAVEE deal
Kim Long Motor, Vietnam to export 3,000 buses yearly to Thailand under CHO THAVEE deal Announced on June 27, 2025, Kim Long Motor Hue JSC (Vietnam) and CHO THAVEE Group (Thailand) have signed a major sales cooperation agreement, marking Kim Long Motor’s first large-scale bus export deal in Southeast Asia. Under the agreement, Kim Long will export 3,000 electric and diesel buses annually to support Thailand’s public transport sector. The deal ...
News Updated at: 2025/07/02
Gabriel India announces restructuring to consolidate business operations
Gabriel India announces restructuring to consolidate business operations On June 30, Gabriel India Limited announced that its board of directors has approved a composite scheme of arrangement that will bring automotive businesses from Asia Investments Private Limited (AIPL) and Anchemco India Private Limited under its umbrella. The transaction includes the amalgamation of Anchemco into AIPL and the demerger of AIPL’s automotive undertaking into...
News Updated at: 2025/07/01
Chinese NEVs speed up global push, yet challenges remain
now that China has become the world’s largest exporter of automobiles, China’s automotive industry is shifting from an “electrification-driven global rollout” to an “intelligent technology-driven global rollout”. The key export destinations have widely covered regions such as Southeast Asia, Europe, and the Middle East. Going global, however, is not a walk in the park. A China Unicom insider stated that challenges, such as compliance...
News Updated at: 2025/07/01
Vietnam-based THACO Bus gradually strengthens presence in ASEAN markets
Vietnam-based THACO Bus gradually strengthens presence in ASEAN markets Announced on June 27, 2025, THACO Bus has grown into Vietnam’s leading bus brand after two decades of development. Operating one of Southeast Asia’s largest bus plants and a dedicated R&D center, THACO employs advanced technologies such as robotic welding and ED coating to ensure durability and quality. With over 70% local content and intelligent management systems, it ma...
News Updated at: 2025/07/01
Indonesian govt. highlights cooperation with CATL and other Chinese partners in major EV Battery Project
Indonesian govt. highlights cooperation with CATL and other Chinese partners in major EV Battery Project Announced on June 29, 2025, at the groundbreaking ceremony of Indonesia’s Integrated Electric Vehicle Battery Industry Ecosystem Project, the largest EV battery project in Southeast Asia, President Prabowo highlighted the impressive scale of this international collaboration. The project is spearheaded by the ANTAM-IBC-CBL Consortium, led by ...
News Updated at: 2025/07/01
Indonesia begins USD 5.9 billion Southeast Asia’s largest EV battery project in West Java
Indonesia begins USD 5.9 billion Southeast Asia’s largest EV battery project in West Java On June 29, 2025, the Indonesian President Prabowo officially inaugurated the groundbreaking of Southeast Asia’s largest EV battery project in Karawang, West Java. The USD 5.9 billion initiative, led by the ANTAM–IBC–CBL consortium, is part of Indonesia’s National Strategic Projects (PSN). Covering 3,023 hectares, the integrated battery ecosystem...
News Updated at: 2025/07/01