Minjun ParkAutomotive
Chinese Automakers Surge Overseas as Domestic EV Sales Slip in July
Exports of Chinese electric and plug-in hybrid vehicles climbed 147.8 per cent in July while home market deliveries fell 5 per cent.
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automakers
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6 stories in this topic
Aiko TanakaAutomotive
Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030
The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that production, according to a Reuters analysis of public data and…
Maria SantosAutomotive
Toyota Sells Electric Vehicle Technology To Chinese Startup Singulato
Toyota Motor Corp has agreed to sell electric car technology to Singulato, its first deal with a Chinese electric vehicle startup, allowing the fledgling firm to speed up development of a planned mini EV. In return, Toyota will have preferential rights to…
Wei ZhangAutomotive
New US tariffs a headache for foreign automakers
US President Donald Trump’s threat to impose steep tariffs on auto imports will hit foreign automakers that export a large number of vehicles to the US market, but many also manufacture cars domestically. Most of these brands, such as Mercedes and BMW as well…
Minjun ParkAutomotive
With new Takata air bag recalls, automakers may face more liabilities
Takata’s bankruptcy filing last month was meant to draw a line under the auto industry’s biggest safety recall, but last week’s announcement of more air bag inflator recalls suggests automakers could face fresh liabilities in the future. In late-2015, U.S.…
Wei ZhangAutomotive
Japanese automakers consider leaving Vietnam due to weak supporting industries
The companies are looking for bigger profits in nearby countries such as Thailand. Japanese automakers may be shifting their production away from Vietnam in the near future due to its poor supporting industries. Vietnam’s supporting industries have stood…