TOKYO — China’s electric vehicle exports declined 13.2% from the previous month in June to 86,000 vehicles, new data showed on Wednesday, signaling growing resistance to the cars as Europe raises trade barriers. The decline marks the third consecutive monthly fall since March, according to the China Association of Automobile Manufacturers. The industry group’s data… Continue reading China EV exports fell 13.2% in June amid rising trade tensions
Author: Nikki News Feed
China EV exports fell 13.2% in June amid rising trade tensions
TOKYO — China’s electric vehicle exports declined 13.2% from the previous month in June to 86,000 vehicles, new data showed on Wednesday, signaling growing resistance to the cars as Europe raises trade barriers. The decline marks the third consecutive monthly fall since March, according to the China Association of Automobile Manufacturers. The industry group’s data… Continue reading China EV exports fell 13.2% in June amid rising trade tensions
Honda to end vehicle production at one of its two Thai plants
TOKYO (Reuters) — Honda Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025 as it plans to consolidate its output under the plant it runs in Prachinburi province, the Japanese automaker said on Tuesday. The move highlights the tougher conditions Japan’s second-biggest automaker faces in the Southeast Asian nation as… Continue reading Honda to end vehicle production at one of its two Thai plants
Japan’s auto industry faces a growing AI chip problem
Tech Latest by Nikkei Asia brings you the newest updates from Asia’s technology industry. In this episode, Alice French talks to Tokyo correspondent Ryohtaroh Satoh, about how Japan’s auto industry is facing up to a growing AI chip problem. Listen to our latest podcast on Apple Podcasts | Spotify | Amazon Music | Voicy |… Continue reading Japan’s auto industry faces a growing AI chip problem
China’s BYD to invest $1bn in Turkey for EV plant
ISTANBUL — Chinese electric-vehicle maker BYD will invest $1 billion in Turkey to set up an EV and plug-in hybrid vehicle factory with an annual capacity of 150,000 units, creating a second European production and export hub after the one it is building in Hungary. BYD Chairman Wang Chuanfu and Turkish Industry and Technology Minister… Continue reading China’s BYD to invest $1bn in Turkey for EV plant
China’s BYD to invest $1bn in Turkey for EV plant
ISTANBUL — Chinese electric-vehicle maker BYD will invest $1 billion in Turkey to set up an EV and plug-in hybrid vehicle factory with an annual capacity of 150,000 units, creating a second European production and export hub after the one it is building in Hungary. BYD Chairman Wang Chuanfu and Turkish Industry and Technology Minister… Continue reading China’s BYD to invest $1bn in Turkey for EV plant
Hungary’s Orban huddles with Xi on Ukraine during surprise China visit
TOKYO — Fresh off a controversial visit to Moscow, Hungarian Prime Minister Viktor Orban made a surprise stop in Beijing on Monday for talks with Chinese President Xi Jinping. China “is a key power in creating the conditions” for making peace between Russia and Ukraine, Orban wrote on X, explaining why he came just two… Continue reading Hungary’s Orban huddles with Xi on Ukraine during surprise China visit
Hungary’s Orban huddles with Xi on Ukraine during surprise China visit
TOKYO — Fresh off a controversial visit to Moscow, Hungarian Prime Minister Viktor Orban made a surprise stop in Beijing on Monday for talks with Chinese President Xi Jinping. China “is a key power in creating the conditions” for making peace between Russia and Ukraine, Orban wrote on X, explaining why he came just two… Continue reading Hungary’s Orban huddles with Xi on Ukraine during surprise China visit
Singapore to host Southeast Asia’s largest EV charging hub
SINGAPORE — Volt Singapore, a unit of Singaporean asset manager Keppel, will build an electric vehicle fast-charging hub in the city-state to serve both commercial and passenger cars, the company announced Monday. Hosting up to 80 charging points for buses, taxis, privately owned cars and other EVs, the new hub will be the largest public… Continue reading Singapore to host Southeast Asia’s largest EV charging hub
Singapore to host Southeast Asia’s largest EV charging hub
SINGAPORE — Volt Singapore, a unit of Singaporean asset manager Keppel, will build an electric vehicle fast-charging hub in the city-state to serve both commercial and passenger cars, the company announced Monday. Hosting up to 80 charging points for buses, taxis, privately owned cars and other EVs, the new hub will be the largest public… Continue reading Singapore to host Southeast Asia’s largest EV charging hub