Great Wall and Foxconn bet on Thai electric car market

BANGKOK — As the global automotive industry undergoes a radical shift toward electrification, Thailand, the manufacturing hub of Southeast Asia, is emerging as a new arena of competition for the world’s leading manufacturers. China’s Great Wall Motors on Wednesday officially opened its first factory in Thailand’s Eastern Economic Corridor industrial zone of Rayong. It will focus on electric… Continue reading Great Wall and Foxconn bet on Thai electric car market

No V-shape recovery expected after second wave unlock, says FADA President

Vinkesh Gulati, President, FADA Q. What’s your thought on the ranking released by ETAuto, what does it say about the industry? The ETAuto ranking gives a birds-eye view of how Auto OEMs are performing on various parameters in a very simplified manner. It is actually an eye-opener for the industry. There has been regular discussion… Continue reading No V-shape recovery expected after second wave unlock, says FADA President

Defiant Ghosn pins hopes on French probes to clear his name – The Associated Press

Defiant Ghosn pins hopes on French probes to clear his name  The Associated Press 5 key takeaways from AP’s interview with Carlos Ghosn  The Independent Carlos Ghosn Says He Will Speak With French Investigators In New Interview  Forbes Carlos Ghosn says downfall felt like being ‘hit by a bus’  Euronews Carlos Ghosn, Stuck in Beirut, Says He Is Ready… Continue reading Defiant Ghosn pins hopes on French probes to clear his name – The Associated Press

Ghosn speaks his mind on Renault-Nissan’s fall – Asia Times

This is the second of two stories based on an exclusive interview with Carlos Ghosn. Part one, “Secret pay never happened,” is here. It was a big event at the time, although mostly forgotten by now. On a mild autumn evening in 2004, Carlos Ghosn, then president and CEO of Nissan Motor Co, was inducted… Continue reading Ghosn speaks his mind on Renault-Nissan’s fall – Asia Times

Cero Recycling targets more scrapyards for Centre’s clean-up drive

Cero Recycling plans to enhance its annual recycling capacity to over 600,000 units across 24 plants in the next five years.  A joint venture between Mahindra Accelo (the erstwhile Mahindra Intertrade) and the State-run MSTC, the company also hopes to expand its services in over 100-odd cities by that time.  At present, Cero’s total capacity is… Continue reading Cero Recycling targets more scrapyards for Centre’s clean-up drive

Auto retail witnesses bloodbath in lockdown-hit May: FADA

The second wave of Covid-19 which spared not a single state, industry, and most households has resulted in what was expected by almost everyone, a total washout. According to the latest data released by the Federation of Automobile Dealers Association (FADA), the country saw 535,855 vehicles being retailed in May 2021, a drop of 71… Continue reading Auto retail witnesses bloodbath in lockdown-hit May: FADA

There’s a Huge Problem With Buying Used Electric Vehicles

Can regulators fix this battery degradation problem? Buying Used The secondhand market for electric vehicles has a serious issue, Vice reports: it’s nearly impossible to figure out the health of any given electric car’s battery. The shortcoming represents a major challenge for automakers. To truly take over the market, they’re going to have to persuade… Continue reading There’s a Huge Problem With Buying Used Electric Vehicles

Mitsubishi Logisnext Americas Group Appoints Equipment Depot As Non-Exclusive Dealer For Wisconsin And Northern Michigan

HOUSTON, June 9, 2021 /PRNewswire/ — Mitsubishi Logisnext Americas group, a leading North American provider and manufacturer of material handling and innovative automation and fleet solutions, announced today that it has appointed Equipment Depot as its non-exclusive dealer for the Cat® lift trucks, Mitsubishi forklift trucks and Jungheinrich® brands across Wisconsin and Northern Michigan, effective July… Continue reading Mitsubishi Logisnext Americas Group Appoints Equipment Depot As Non-Exclusive Dealer For Wisconsin And Northern Michigan

How A 100 Year Old Science Experiment Helped Create The Fuel Of The Future

Over a century ago, a unique chemical process helped take the world from the brink of a food crisis that would’ve led many to starve. It was called “the biggest global problem solved by chemistry” and delivered its creators a well-deserved Nobel Prize. But today, this breakthrough could help revolutionize the $1.5 trillion green energy… Continue reading How A 100 Year Old Science Experiment Helped Create The Fuel Of The Future