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Author: Nikki News Feed
Hyundai Motor Q2 net profit rises 59%, beats estimates
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Baidu halves production cost for latest self-driving vehicle
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Tesla’s Q2 profit dented by Shanghai shutdowns, still beats estimates
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Thai EV battery market heats up as key players jump in
BANGKOK — From a state-owned enterprise to a renewable energy startup, key players are jumping into Thailand’s electric vehicle battery market, driven by the government’s push to make the country into a regional production hub for EVs and their components. Go to Source
Stellantis to pull out of auto joint venture in China with GAC
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Mitsubishi to produce autos in Africa again after 10-year hiatus
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Hyundai shifts gears to subscription services with new Ioniq 6 EV
SEOUL — Hyundai Motor has unveiled a hyper-efficient electric vehicle with the ability to download the latest technologies straight from the internet, a step toward establishing a new business model that allows the automaker to continue making money from its cars after the initial sale. Go to Source
After 67 years, Toyota Crown revs up for global debut
NAGOYA, Japan — Long a symbol of luxury and success in Japan, the Toyota Crown sedan series that was once sold in only in a few select markets will embark on a global rollout in roughly 40 countries and regions this fall with the lineup featuring a sport utility vehicle for the first time. Go to… Continue reading After 67 years, Toyota Crown revs up for global debut
Toyota curtails Texas plant output in heat wave
(Reuters) — Japanese automaker Toyota Motor said on Thursday it has scaled back production at its San Antonio, Texas, assembly plant as a heat wave strains power supplies in the state. Texas’ power grid operator took emergency measures on Wednesday to avoid rolling blackouts as electricity demand soared. Toyota may stop production on most days… Continue reading Toyota curtails Texas plant output in heat wave