d of Investment (BOI) announced that total cumulative approved investments in electric vehicle and electric motorcycle manufacturing, key components, charging infrastructure, and battery swapping services have reached THB 137.7 billion. These investments include:  (i) 21 battery electric vehicle (BEV) production projects with a total investment of THB 41.08 billion and a combined annual production capacity of 386,000 units;(ii) 16 battery electr...

News  Updated at: 2025/08/01

Japanese government announces details of new U.S-Japan tariff agreement Japan’s Ministry of Economy, Trade and Industry (METI) announced the details of its agreement with the U.S. government regarding new additional U.S. tariffs. The additional tariff on Japanese automobiles and automotive parts has been reduced from the originally proposed 25% to 12.5%, making the total tariff rate (including the existing 2.5%) at 15%. Conversely, in response ...

News  Updated at: 2025/07/28

gdom formally ratified the India–UK Comprehensive Economic and Trade Agreement (CETA), introducing a quota-linked framework to boost bilateral trade in luxury automobiles and clean-technology vehicles. The agreement is set to take effect after completing domestic procedures and includes biennial review mechanisms through a newly established Goods Sub-Committee. A key highlight of the deal is India's phased reduction of import duties on high-val...

News  Updated at: 2025/07/25

GIIAS 2025: Toyota debuts Indonesia-made new bZ4X BEV; presents heritage and xEV solutions Announced on July 23, 2025, PT Toyota-Astra Motor (TAM) is participating in GIIAS 2025, showcasing up to 30 vehicles, including two heritage models: the Corolla KE20 (introduced in Indonesia in 1971) and the Toyota Kijang Buaya Generation One, launched in 1977, celebrating Toyota’s 54-year legacy in Indonesia. At the event, Toyota unveiled the locally pro...

News  Updated at: 2025/07/24

Murata Manufacturing and Rohm to start joint delivery using electric trucks Murata Manufacturing Co., Ltd. (Murata Manufacturing) will begin joint delivery with Rohm Co., Ltd. using battery electric trucks. The EV trucks travel approximately 210 km round-trip between Kyoto and Kansai International Airport (Izumisano City, Osaka Prefecture) and passing through Murata Manufacturing’s logistics center. This is the first initiative in the electroni...

News  Updated at: 2025/07/23

BMW launches first-ever carbon footprint tracker in updated My BMW and MINI apps On July 21, BMW Group updated its My BMW App and MINI App to give users more ways to track and personalize their driving data. A key new feature lets drivers view their personal carbon footprint for the first time. This feature works with all types of BMW vehicles, i.e., gasoline, plug-in hybrid, and fully electric, and is launching in select European models. The car...

News  Updated at: 2025/07/22

Endurance Technologies, India advances R&D in EV die-casting, braking, transmission, and suspension systems In its annual report for FY2024-25, Endurance Technologies Limited reported a total R&D expenditure of INR 861.96 million.  At the Chakan R&D centre (die-casting), Endurance developed structural aluminium components for EV OEMs and Tier 1 suppliers, along with special alloy parts for EVs and components for stationary engines. Process impro...

News  Updated at: 2025/07/22

Thailand’s minister considers raising EV import taxes to support local manufacturing Reported on July 18, 2025, Thailand’s Ministry of Finance is considering increasing the excise tax on imported electric vehicles (EVs) that use little or no locally made parts. The plan is especially focused on electric pickup trucks. A ministry source, speaking anonymously, said the proposal is part of a broader strategy to support local production of elect...

News  Updated at: 2025/07/21

result of 2 months of industry consultations. It focuses on reducing exposure to trade risks while promoting fair and balanced investment. The package consists of 5 measures. The first supports SME growth and deeper integration into global supply chains. The second incentivizes the use of Thai-made parts in electrified vehicles and electrical appliances, requiring certified “Made in Thailand (MiT)” status and local content thresholds, such as...

News  Updated at: 2025/07/21

Fine Sinter to propose product for EVs using powder metallurgy technology Fine Sinter Co., Ltd. (Fine Sinter), a manufacturer of parts using powder metallurgy technology in the Toyota group, will launch an integral parts business that targets electric vehicles (EVs). By leveraging the strengths of its powder metallurgy technology, it has developed a small core that is designed for EV charger coils and DC/DC converter coils. The small core is 50% ...

News  Updated at: 2025/07/18

ups to establish 32 dealerships across 27 cities nationwide. This move supports the company’s plan to build a 3S (Sales, Service, Spares) network and sets the stage for the upcoming pre-booking of the VF 6 and VF 7 models on July 15.The initial dealerships will be set up in key urban and emerging EV markets, including Delhi, Gurugram, Noida, Chennai, Bengaluru, Hyderabad, Pune, etc.. These cities were selected based on factors such as rising EV...

News  Updated at: 2025/07/14

Daimler Truck announces opening of Global Parts Center in Germany On July 11, Daimler Truck announced the official opening of its new Global Parts Center (GPC) in Halberstadt, Germany. The EUR 500 million investment aims to centralize aftersales logistics for Mercedes-Benz Trucks, distributing up to 300,000 parts to over 170 countries from 2026 onward. The center will serve nearly 3,000 dealers and 20 regional logistics hubs globally, handling pa...

News  Updated at: 2025/07/12

South Korea’s Valeo Kapec to build EV battery system assembly lines in Yeongcheon, South Korea Several South Korean media sources reported that Valeo Kapec, a torque converter parts manufacturer in South Korea, will build an electric vehicle (EV) battery system assembly (BSA) production line in Yeongcheon, South Korea. BSA is a product that combines electrical equipment and battery management systems (BMS) in a battery pack. From 2025 through 2...

News  Updated at: 2025/07/11

Sintercom India signs MoU with Horizon Technology, USA for powder metal EV components On July 8, Sintercom India Limited announced that it has signed a memorandum of understanding (MoU) with Pennsylvania-based Horizon Technology Inc. to jointly market and manufacture powder metal products under a contract manufacturing and licensing arrangement. As per the MoU, Sintercom will have exclusive manufacturing and supply rights for Soft Magnetic Compos...

News  Updated at: 2025/07/08

ASK Automotive, India enhances R&D for EV and ICE safety-critical aluminium components In its FY 2024–25 annual report, ASK Automotive announced key developments in its R&D strategy focused on lightweighting, thermal management, and safety-critical components for electric vehicles (EVs), internal combustion engine (ICE) vehicles, all-terrain vehicles (ATVs), power tools, and outdoor equipment. The company is leveraging its in-house Tool Room an...

News  Updated at: 2025/07/08

X-Electrical vehicle enters Argentina On June 28, it was reported that the Italian-Chinese-Hong Kong company X-Electrical Vehicle (XEV) has entered the Argentine market with its mini electric model, the Yoyo Pro. It is designed in Italy and manufactured in China. The first units arrived in Buenos Aires, imported by Malek Fara’s company Black Sapphire, now the official representative of the brand in Argentina. The Yoyo Pro is a two-seater city c...

News  Updated at: 2025/07/01

Thailand BOI enhances incentives for local content in BEV/PHEV manufacturing Announced on June 27, 2025, the Thailand Board of Investment (BOI) has approved a new incentive package to encourage greater use of locally sourced content in the production of battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and electrical appliances (E&E). The initiative offers an additional 2-year, 50% corporate income tax (CIT) reduction to...

News  Updated at: 2025/06/30

Nissan to launch all-new Skyline in Japan in FY2027 Nissan Motor Co., Ltd. (Nissan) will shorten the development time for the all-new Skyline by 40% compared to the conventional period and launch it in Japan in fiscal Year 2027 (ending in March 2028). In Europe, the company will release the all-new Juke electric vehicle (EV), a compact SUV, in FY2026. In parallel with restructuring, Nissan is reviewing its product strategies region by region. It ...

News  Updated at: 2025/06/26

Bosch, Thai Industry Minister hold talks on EV component investment in Thailand Announced on June 17, 2025, Thailand’s Minister of Industry has met with executives from Robert Bosch Automotive Technologies (Thailand) to discuss the promotion of advanced automotive parts manufacturing, particularly for electric vehicles (EVs). Bosch plans to invest in the local production of key EV components in Thailand, such as traction motors and e-axle techn...

News  Updated at: 2025/06/20

MI). Released amid rising tariffs and inflationary pressures, this year's index is of interest to OEMs, suppliers, consumers, and the U.S. government. The American-Made Index ranks cars based on five factors:     •    Location(s) of final assembly   •    Percentage of U.S. and Canadian parts as per the American Automobile Labeling Act   •    Countries of origin for all available engines   •    Countries of origin for all ...

News  Updated at: 2025/06/18