it will raise its marketing budget to stay competitive, citing growing pressure from other Chinese EV brands heavily investing in pricing and brand strategies. Despite regulatory pressure from the Board of Investment (BoI) to localize production, the company views this as an opportunity. It aims to exceed 50% local content, up from less than 20% currently, attributing the low percentage to the early stage of Thailand’s EV industry. (From an art...

News  Updated at: 2025/07/22

o give feedback. Key topics include making services accessible for disabled and elderly people, how local councils approve services, and when permits can be changed, suspended, or revoked. The APS scheme is a major part of the Automated Vehicles Act. It will require self-driving vehicles to meet or exceed the safety of skilled human drivers and pass strict safety tests before being allowed on roads. Based on UK Government press release...

News  Updated at: 2025/07/21

first half of 2025, a 29% increase YoY and pushing cumulative export earnings close to USD 959 million. In terms of contributions to the state budget, Toyota Vietnam paid over USD 454 million in H1 2025, nearly three times higher than the same period in 2024. Its total accumulated contributions now exceed USD 14.4 billion. Currently, Toyota maintains a supplier network of 61 companies, including 13 Vietnamese firms, producing nearly 1,000 localiz...

News  Updated at: 2025/07/18

’s charging facility network, the Notification specifies that it is necessary to strengthen the special planning and overall coordination of high-power charging facilities and guide orderly construction. By the end of 2027, the quantity of nationwide high-power charging facilities shall strive to exceed 100,000 units. New Energy Vehicle manufacturers shall, in principle, open self-built high-power charging facility networks without discriminati...

News  Updated at: 2025/07/09

Suzuki starts Fronx deliveries in Indonesia; Bookings already exceed 1,500 units Announced on July 7, 2025, PT Suzuki Indomobil Sales (SIS) has officially begun deliveries of the first 55 units of the Suzuki Fronx in Indonesia, marked by an event in Central Jakarta. Since pre-orders opened on May 28, the locally assembled, coupe-style SUV has received over 1,500 Vehicle Order Letters (SPK) as of late June and attracted interest from approximately...

News  Updated at: 2025/07/08

Cavan Auto closes Series Pre-A financing worth over CNY 1.2 billion According to a Foton Motor press release dated June 30, Beijing Cavan New Energy Vehicle Co., Ltd. (Cavan Auto), a subsidiary, recently released an announcement on the progress of capital increase and share expansion. Cavan Auto successfully closed a Series Pre-A financing. The total proceeds exceed CNY 1.2 billion, with contributions from new shareholders, additional investment ...

News  Updated at: 2025/07/02

sal for a new act on scrapping premiums for passenger cars for the years 2026–2027.  Under the proposal, the state would offer a scrapping premium of EUR 2,500 for the purchase of a new zero-emission car, and EUR 2,000 for a new car powered by another fuel type, provided its CO2 emissions do not exceed 140 g/km. To qualify for the premium, one passenger car that is at least 10 years old must be scrapped for each new car purchased. The scrappin...

News  Updated at: 2025/06/30

Co., Ltd. has won an order for parts for infotainment platform controllers from a global automotive parts manufacturer’s production affiliate in Mexico. Under the new contract, the company will supply the parts for 3.39 million vehicles for five years, and the sales under the deal are expected to exceed KRW 1 trillion (JPY 100 billion). DH Autoware will produce the parts at its plant in Mexico. (Based on several releases on May 30, 2025)...

News  Updated at: 2025/06/06

,853 units, Xpander Cross at 11,495, Xforce with 7,108, Pajero Sport at 12,100, Triton 4x4 with 9,568, and the L300 at 12,123 units. Looking ahead to 2025, Mitsubishi Motors will celebrate 55 years of growth and contribution in Indonesia. MMKSI plans to launch a brand-new flagship model and aims to exceed its 2024 sales performance, targeting a 10% market share.  (From Mitsubishi Motors Indonesia press release dated May 16, 2025)...

News  Updated at: 2025/05/21

Costs paid by seven major Toyota-affiliated parts suppliers on R&D remain high The costs paid by seven major parts suppliers affiliated with Toyota Motor Corporation on research and development (R&D) remain high. In the fiscal year ending March 31, 2026, all the suppliers plan to spend higher amounts than those in the previous year, and the total amount spent by them on R&D will exceed JPY 1.2 trillion. Meanwhile, four suppliers will decrease the...

News  Updated at: 2025/05/20

er with the capabilities of SCC55, ensuring robust cycle life and transformational performance.   BASF and Group14 developed a drop-in-ready solution that greatly enhances the performance of batteries with silicon-dominant anodes. Under standard conditions at room temperature, test cells typically exceed 1,000 cycles with 80% of capacity remaining. However, at a temperature of 113°F (45°C), these cells still achieved over 500 cycles while prov...

News  Updated at: 2025/05/14

act of U.S. tariffs led to a slight downgrade in wholesale volume guidance. However, the company still expects modest volume growth for 2025 compared to last year. Aston Martin remains focused on maximizing the value of each vehicle sold and building a strong order book, with retail sales likely to exceed wholesale deliveries this year. In Q2 2025, performance is expected to improve quarter-on-quarter, despite the tariff effects. Wholesale volume...

News  Updated at: 2025/05/07

y high-end sub-brand, unveiled the new Tianji concept vehicle positioned as a “large 6-seater leisure SUV”. 5.3m in length, 2m in width, 1.9m in height, and 3.2m in wheelbase, the Tianji is a full-size SUV with a Phecda-inspired name signifying “courage” to echo Exeed’s brand spirit of “Exceed”. The Tianji adopts a “future classicistic” design language, featuring proprietary double-layer footboards and a hidden intelligent expan...

News  Updated at: 2025/05/06

Vietnam’s motorcycle market rebounds in Q1/2025; Sales exceed 673,000 units Reported on April 18, 2025, Vietnam’s motorcycle market is showing strong signs of recovery, following a period of stagnation. This rebound is largely attributed to the introduction of electric motorcycles and innovative promotional strategies. According to recent data from the Vietnam Association of Motorcycle Manufacturers (VAMM), which includes figures from 5 major...

News  Updated at: 2025/04/24

A-Spec versions, features a 1.5-liter turbo engine with 190 hp, AWD, and a CVT transmission. The ADX is the first premium vehicle assembled in Guanajuato, further solidifying Celaya’s role as Honda’s most productive plant in the region. With an installed capacity of 200,000 units, the plant may exceed 230,000 units by year-end due to rising demand and increased efficiency. Honda’s continued investment underscores Mexico’s importance as a ...

News  Updated at: 2025/04/22

Auto Shanghai 2025: Astemo to exhibit latest advanced mobility technologies At the Auto Shanghai 2025, Astemo, Ltd. (Astemo) will exhibit the latest advanced mobility technologies under the theme of “Exceed Mobility Limits”. Astemo will place emphasis on showcasing core products and technologies for the era of software-define vehicles (SDVs), such as autonomous driving and advanced driver assistance systems, electric powertrain systems, and a...

News  Updated at: 2025/04/21

Yageo to raise tender offer price to exceed MinebeaMitsumi’s offering On April 17, a Taiwan-based leading electronic part manufacturer, Yageo Corp. (Yageo), raised its tender offer price for Shibaura Electronics Co., Ltd. (Shibaura Electronics) to JPY 5,400 per share from JPY 4,300 per share.  The new price exceeds the tender offer by MinebeaMitsumi, which offered JPY 4,500 per share as a white knight (a friendly purchaser of the company), and...

News  Updated at: 2025/04/21

Neta plans to ramp up EV investment in Thailand; Unfazed by new U.S. auto tariffs Reported on April 15, 2025, Neta Auto Thailand remains unfazed by new U.S. auto tariffs and plans to boost its investment in Thailand, which serves as its export hub for Southeast Asia. While the company didn’t reveal the revised investment figure, it confirmed it will exceed the previous estimate of THB 5 billion. Neta currently produces right-hand-drive BEVs at ...

News  Updated at: 2025/04/21

ales revenue, earnings and cash flow from the announced increased import tariffs, particularly in the United States of America, are still not included in the forecast, as the effects and their interactions cannot be conclusively assessed at present. The VW Group continues to expect sales revenue to exceed the previous year by up to 5%. The Group's operating return on sales is still expected between 5.5 and 6.5%. The full interim financial stateme...

News  Updated at: 2025/04/14

Hybrid vehicle sales exceed 2 million for first time in Japan in FY 2024 Sales of hybrid vehicles (HVs) in Japan on a fiscal year basis for the first time exceeded 2 million units (about 2.06 million units) in the fiscal year that ended in March 2025 (FY 2024). Automakers increased their HV lineup, and fuel prices that remained at high levels contributed to the sales. On the other hand, sales of electric vehicles (EVs) and plug-in hybrid vehicles...

News  Updated at: 2025/04/11