ASEAN LV market weighed down by sales declines in Indonesia and the Philippines – GlobalData
The ASEAN LV market experienced a marginal increase of 1% YoY from January to August.
28 October 2025
28 October 2025
The ASEAN LV market experienced a marginal increase of 1% YoY from January to August.
The collaboration will concentrate on high performance composites for use in vehicles and specialised mobility platforms.
The company will invest about $360m to expand local capacity, including the addition of three press machines.
New Level 3 system to go into mass production in 2026, for unnamed Chinese automaker.
According to its stock exchange filing, the company plans to offer 100.2 million shares, with a maximum price of HK$131.50 per share.
The CBSA is due to reach a preliminary determination by 22 January 2026.
Rebound in Japan, following last year’s production stoppages, goes into reverse.
Market continues to be driven by BEV incentives.
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