Asia News
Nissan cuts jobs Mitsubishi stake & reshapes EV strategy: Losses
Nissan faces a challenging quarter with ¥9.3 billion losses and 9,000 jobs cut as it revises production and adjusts alliances to stabilise the business.
Global car manufacturers target Korea’s booming import market
Foreign carmakers eye Korea as local demand grows for imported vehicles over domestic brands.
BYD and Apple’s secret EV battery partnership revealed
Reports reveal how BYD’s secretive collaboration with Apple has shaped the electric vehicle battery technology that powers millions of BYD’s cars today, even after Apple abandoned its car project.
Honda expands new energy vehicle manufacturing in China with new Wuhan plant
Honda opens its first dedicated new energy vehicle (NEV) production plant in Wuhan, China, which will utilise advanced automation and eco-friendly technology.
GAC eyes EV production in Europe to avoid looming tariffs
As EU tariffs loom, Chinese automaker GAC is actively exploring local production of EVs in Europe, with its electric SUV set to launch in 2025 at under €40,000 ($43,610)
Volkswagen faces manufacturing challenges amid financial troubles
What’s behind Volkswagen’s financial and manufacturing struggles? Falling sales, China tariffs, and EV woes are triggering major challenges.
Oyak Horse hits 7.5 million engine milestone, adds 100 new jobs
Oyak Horse hits 7.5 million engines produced at its Bursa plant, driving growth in hybrid production and creating new jobs to meet global market demand.
Korean consortium aims to revamp EV battery production
A groundbreaking project between Hyundai Motor, Kia, Hyundai Steel, and EcoPro BM seeks to advance EV battery production by directly synthesising LFP cathode material, promising reduced emissions, lower costs, and enhanced performance.
Hyundai and Skoda sign MOU on hydrogen tech collaboration
Hyundai and Skoda will work together on hydrogen fuel cell technologies for mobility applications.
Denso expands EV-focused inverter line and digital production
Denso ramps up inverter production and unveils plans for a next-generation, digital, and fully automated plant in line with its vision of a sustainably electrified future
Polestar starts US production of the Polestar 3
Polestar has started production of its Polestar 3 SUV at the Volvo plant in Ridgeville, South Carolina.
Poor financial results and slow EV transition forces Nissan to rethink plans
Nissan looks to cut production costs and rebalance production operations in the face of poor financial results.
Despite industry fears, global EV sales reach record highs
Is the ‘EV crash’ hype or reality? Uncover the truth, as global data reveals a different story. Analysis by Daniel Harrison, Ultima Media.
Toyota to build EV battery plant for Lexus in Japanese island
Toyota Motor looks set to build a gigafactory in Kyushu, Japan for its Lexus brand.
EV battery supply – potential materials shortages
S&P’s Global Mobility division offers some insights into battery raw material supply chains and the impact of market changes.
Tesla’s EV battery production and global gigafactory network
Tesla’s growing network of gigafactories, including new sites in Berlin, Texas, and Shanghai, demonstrates its commitment to leading global electrification.
ASEAN: Chinese OEMs increase investment through EV production
The Association of Southeast Asian Nations (ASEAN) is now seeing increasing investment in electric vehicle production with Chinese OEMs leading the way.
Mahindra to pioneer ABB’s Inkjet paint tech in Indian EVs
Mahindra & Mahindra will use ABB Robotics’ PixelPaint for customised EV finishes, enhancing quality and efficiency while reducing waste.
Korea: the switch to EV production accelerates
Korean vehicle makers invest in flexible production and add more EVs. Foreign OEMs continue to invest in production for export.
BeyonCa chooses Hong Kong for new EV assembly plant
BeyonCa, backed by Renault, charts Hong Kong’s automotive future with plans for its first EV brand and assembly plant.