According to Reuters, on December 4, the Thai Investment Commission (BOI) said that Thailand will extend the production timetable of pure electric vehicles and provide incentive measures for hybrid electric vehicles to support the Thai automobile industry and make Thailand a Southeast Asia a Southeast Asia Production center […]
According to Bloomberg and Reuters, preliminary industry data released by British Automobile Manufacturers and Trade Associations (SMMT) show that in November this year, the number of new British vehicles registered decreased by 1.9%year -on -year to 153,610 units. Pure electric vehicles rose 58.4%year -on -year to 38,581 vehicles, and […]
Feintool, a Swiss automotive supplier, said on December 2 that it would close one of its plants in Germany and lay off up to 200 people due to weak demand for electric vehicles and uncertainty about the transition to renewable energy. Feintool plans to reorganize the production of motor rotors and stators and announced that […]
Preliminary industry data released by the Society of Motor Manufacturers and Traders (SMMT) showed that in November this year, new car registrations in the UK fell 1.9% year-on-year to 153,610, but due to record discount levels, the UK’s pure electric vehicles soared 58.4% year-on-year to 38,581, and the overall market share exceeded the prescribed target […]
Hyundai Motors has set another record in the U.S. sales. Hyundai’s impressive lineup of electric vehicles is spurring consumer demand, with the company’s best-selling IONIQ 5 SUV more than doubling sales in November from a year ago, setting a new monthly U.S. sales record. Hyundai sold 76,008 vehicles in the U.S. in November, and its […]
Sajjan Jindal, chairman and family owner of Indian steelmaker JSW, said JSW plans to launch its own electric car brand, marking the company’s entry into India’s growing electric car industry. Before announcing plans to launch an electric car brand, JSW announced in March this year a $1.5 billion joint venture with SAIC Motor to produce […]