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Charge+ launches Singapore's first DC EV charger; to install 6 more by mid-2025
Charge+ launches Singapore's first DC EV charger; to install 6 more by mid-2025 Announced on April 16, 2025, Charge+ has launched Singapore's first Direct Current (DC) fast charger at a Housing & Development Board (HDB) surface carpark in Boon Lay Place Market. The move marks a significant step in expanding Singapore's EV charging infrastructure. Charge+ plans to install 6 additional DC chargers at key HDB locations, including Beach Road, Bukit ...
News Updated at: 2025/04/22
Lithium price decline boon to EV manufacturers
Lithium price decline boon to EV manufacturers Lithium’s sharp decline, along with steep drops for nickel and cobalt, are driving battery prices to all-time lows, according to recent reports, with the price of nickel dropping to its lowest in more than two years. The benchmark price for lithium in China is now down about 80% from its November 2022 record high. For at least the next year, prices will be under pressure from a wave of new supply, ...
News Updated at: 2023/12/02
Daihatsu Motor to temporarily suspend production at Kyoto (Oyamazaki) Plant in June
Daihatsu Motor to temporarily suspend production at Kyoto (Oyamazaki) Plant in June On May 19, 2023, Daihatsu Motor Co., Ltd. announced it will temporarily suspend production at its Kyoto (Oyamazaki) Plant in June.Specifically, the Kyoto (Oyamazaki) Plant is scheduled to suspend production for two days, June 2 and June 9. The plant produces Boon, Thor, and other models.(Daihatsu Motor press release on May 19, 2023)Keyword: plant operating status...
News Updated at: 2023/05/22
LTA announces availability of first EV chargers under large-scale tender in Singapore
LTA announces availability of first EV chargers under large-scale tender in Singapore On February 22, 2023, Singapore’s Land Transport Authority (LTA) announced that the first batch of EV charging points under LTA’s large-scale tender that covers around 2,000 HDB carparks, are now operational. These 6 charging points are in 2 public carparks located in Telok Blangah and Boon Lay, respectively operated by ChargEco and Charge+. The government a...
News Updated at: 2023/02/23
Daihatsu to temporarily suspend production at Head (Ikeda) Plant and Oita (Nakatsu) Plant in Japan in May
Daihatsu to temporarily suspend production at Head (Ikeda) Plant and Oita (Nakatsu) Plant in Japan in May On April 28, 2022, Daihatsu Motor Co., Ltd. announced it will temporarily suspend production at Head (Ikeda) Plant and Oita (Nakatsu) Plant in Japan in May, due to a parts shortage.Head (Ikeda) Plant, which produces Thor, Boon, and others, will suspend production for 3 days from May 9 to 11. However, the Copen Factory, which located on the p...
News Updated at: 2022/05/02
Daihatsu to suspend production at Head Office (Ikeda) Plant in Japan on April 11
Daihatsu to suspend production at Head Office (Ikeda) Plant in Japan on April 11 On April 8, 2022, Daihatsu Motor Co., Ltd. announced it will suspend production for one day on April 11 (2 shifts in total) at the Head (Ikeda) Plant in Japan, due to a parts shortage.However, the Copen Factory, which located on the premises, will continue to its operation. The Head (Ikeda) Plant is producing Thor, Boon, and others.(Daihatsu press release on April 8,...
News Updated at: 2022/04/11
LMC Automotive blog: Nearshoring, The solution to North America’s chip woes?
quires a large amount of water, a resource which is relatively scarce in the northern Mexican states where many of the country’s auto plants are located. Therefore, the possibility of chip factories being built in Mexico’s water-rich southern states has been raised. This would represent a major boon for the area, which is generally much poorer than the north of the country. Mexico has played a part in the semiconductor business for decades, b...
News Updated at: 2022/03/10
Daihatsu expands production suspension again at Head (Ikeda) Plant in Japan
announced it decided to expand production suspension again at Head (Ikeda) Plant, due to the parts shortage caused by the spread of novel coronavirus (COVID-19) infection at its supplier.In addition to the period of production suspension announced until now, Head (Ikeda) Plant, which produces Thor, Boon, and others, will also suspend production from night shift on January 31 to day and night shifts on February 1. The plant has already suspended a...
News Updated at: 2022/02/01
Daihatsu expands production suspension at Head (Ikeda) Plant in Japan in January
on from January 26 to 28 and day shift production on January 31. Copen Factory will suspend a total of three shifts until January 31.Head (Ikeda) Plant has already suspended night shift production from January 18 to 21, and night and day shifts production on January 24. The plant is producing Thor, Boon, Copen and others.Additionally, Daihatsu will also suspend production on January 27, 28, and 31 at Kyoto (Oyamazaki) Plant. The plant is producin...
News Updated at: 2022/01/27
Daihatsu expands production suspension at two plants in Japan in January
due to the parts shortage caused by the spread of novel coronavirus (COVID-19) infection at its supplier. The plant has been suspended night shift production from January 18 to 21.Shiga (Ryuo) Plant No.2 is producing Rocky, Tanto, Move Canbus and others, while Head (Ikeda) Plant is producing Thor, Boon, Copen and others.(Daihatsu release on January 21, 2022)Keyword: plant operating status...
News Updated at: 2022/01/25
LMC Automotive blog: Going for Gold, the rush to win the EV race
ese upstart brands are not expected to surpass sales of over 50k units annually over the next five years, they do pose a risk to established automakers in terms of market share loss, if only because of the sheer number of choices that fall outside of their brands. The influx of startups should be a boon for production in North America, as we see these manufacturers adding over one million units of capacity over the next five years; Rivian will ac...
News Updated at: 2022/01/25
Daihatsu suspends night shift production at two plants in Japan due to COVID-19
. Daihatsu originally planned to suspend from January 18 to 19. However, according to the announcement on January 20, the company has decided to expand production suspension.Shiga (Ryuo) Plant No.2 is producing Rocky, Tanto, Move Canbus and others, while Head Office (Ikeda) Plant is producing Thor, Boon, Copen and others.(Daihatsu release on January 19 and 20, 2022)Keyword: plant operating status...
News Updated at: 2022/01/20
LMC Automotive blog: Dashed hopes – the Canadian Light Vehicle market feels the reality of the microchip shortage
LMC Automotive blog: Dashed hopes – the Canadian Light Vehicle market feels the reality of the microchip shortage What was supposed to be a year of rejuvenation for the Canadian Light Vehicle market has, instead, been marked by supply-side constraints that have dampened a previously anticipated sales boon. The global microchip shortage has manifested itself in the Canadian market through low inventory, high prices, lack of incentives and fewer ...
News Updated at: 2021/11/17
Daihatsu Motor to temporarily suspend production at Japanese plants in October
ly suspend vehicle production at Japanese plants, due to the parts shortage resulting from the spread of COVID-19 in Southeast Asia.Shiga (Ryuo) Plant No.2, producing Rocky, Tanto and others, will suspend production for 9 working days from October 1 to 13. Head Office (Ikeda) Plant, producing Thor, Boon and others, will suspend production for 5 working days from October 11 to 15 (excluding Copen Factory). Kyoto (Oyamazaki) Plant, producing Probox...
News Updated at: 2021/09/22
Daihatsu to extend production suspension again at two Japanese plants due to COVID-19 in Southeast Asia
m September 6 to 10.Daihatsu Motor Kyushu's Oita (Nakatsu) Plant No.2 will suspend production for 16 working days until September 30. According to the the announcement on September 6, Daihatsu originally planned to suspend for 10 working days until September 14.Head (Ikeda) Plant is producing Thor, Boon, and others, while Oita (Nakatsu) Plant No.2 is producing Mira e:S, Move, and others.(Daihatsu press release on September 14, 2021)Keyword: plant...
News Updated at: 2021/09/14
Daihatsu to extend production suspension at two Japanese plants due to COVID-19 in Southeast Asia
d, Copen Factory will suspend production from September 6 to 10 as originally planned.Oita (Nakatsu) Plant No.2 of Daihatsu Motor Kyushu will suspend production for 10 days until September 14. Daihatsu originally planned to suspend for 8 days until September 10.Head (Ikeda) Plant is producing Thor, Boon, and others, while Oita (Nakatsu) Plant No.2 is producing Mira e:S, Move, and others.(Daihatsu press release on September 6, 2021)Keyword: plant ...
News Updated at: 2021/09/06
Brokerages in Thailand encourage investment in EV, battery and auto part firms
nvestment research.For Thailand, the government has launched a policy to support production of EVs, boost domestic demand, and set targets to increase use among consumers. ASPS said Thailand National Electric Vehicle Policy Committee’s new EV production target announced in March 2021 is seen as a boon for domestic producers of both batteries for EV cars and electric car manufacturers. Yet, the goals are still foreseeable in the long term based ...
News Updated at: 2021/05/11
LMC Automotive blog: Drastically divergent exchange rates fuel sales in Argentina
sonably well when compared with the pre-pandemic performance. For Q3 as a whole, sales fell by 28% year-on-year, versus -30% in the same period last year. Sky-high inflation is, of course, nothing new in Argentina. Over recent months, however, it has led to an interesting phenomenon and a resulting boon in Light Vehicle sales. High inflation caused consumer prices to rise by around 41% year-on-year in August, leading to a run on the US dollar, wh...
News Updated at: 2020/11/10
LMC Automotive blog: More expensive vehicles defy pandemic odds in the Americas
1.2 percentage points during the eight-month period, while Pickups jumped by 3.8 percentage points. As is true for the US market, automakers in Canada are offering generous financing and incentives. Additional support has come from several recently phased-out Car models being replaced by SUVs. The boon in higher-margin vehicles also bumped up average transaction prices, with values rising to a record CAD 37,500 in Q2, an increase of 5.5% compare...
News Updated at: 2020/10/07
Daihatsu enjoys steady growth of compact car production for Toyota
d to supply the Toyota Roomy and Tank. Daihatsu has dramatically improved the marketability of its Thor, the base vehicle for Toyota compact cars, to give momentum to the expansion of its compact car production. In addition to the Thor, Daihatsu started to manufacture its jointly developed Daihatsu Boon (the Toyota Passo) exclusively for Toyota, which boosted the ratio of compact car supply that was small in FY 2015. Daihatsu aims to expand the g...
News Updated at: 2020/09/16