25 September 2023
25 September 2023
Our weekly review of the best Interviews, Analysis and News
After a sluggish few months, China's vehicle market perked up in August
Tighter rules of origin from 2024 would make tariffs likely on EV shipments due to local battery manufacturing capacity shortfall
Foxtron Vehicle Technologies, the Taiwan joint venture between Hon Hai Precision Industry and local carmaker Yulon Motor Group, was expected to start production of a battery powered SUV in the fourth quarter of 2023.
The new vehicle market in Thailand continued to decline in August 2023, by 12% year on year to 60,234 units from 68,208 a year earlier, according to the Federation of Thai Industries (FTI) whose data excluded some key brands like BMW and Mercedes-Benz.
PHEV SUV has 1,200 horsepower
After a slow start, Toyota is accelerating its EV efforts
Tesla is proposing a battery storage system factory in India
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The middle class is expanding throughout several Asian nations, which has increased demand for linked and intelligent vehicles. Consumer demand for features like connected services, in-car infotainment, and ADAS has accelerated the development of connected vehicle technologies. APAC nations have made significant investments in enhancing their digital infrastructure, including the rollout of 5G networks, which help to provide dependable and quick communication between vehicles and the surrounding infrastructure.
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