Thailand has approved a series of incentives to strongly advocate joint ventures between domestic and foreign companies to produce auto parts, the Board of Investment (BOI) said on August 8, Reuters reported. The BOI said that new joint ventures, as well as existing parts manufacturers that already enjoy incentives but are in the […]
On Aug. 8, South Korea’s environment ministry said it plans to hold an emergency meeting next week to discuss fires involving electric vehicles, including fires that cause widespread damage, and to develop preventive measures against such accidents, Reuters reported. Korea’s Ministry of Land, Infrastructure, Transport and Tourism and […]
According to a new report, the UK is in the top 10 globally for innovation in three key technology areas – automotive, artificial intelligence and telecoms. However, the country is still lagging behind global leaders, suggesting that the UK government needs to do more to close the gap with […]
August 9, 2024, Shenzhen BYD held a grand press conference in Shenzhen today, announcing that its first model equipped with laser radar is officially launched. This news marks BYD’s important progress in the field of intelligent driving and brings new changes to the automotive industry. Breakthrough in laser radar technology The new model is […]
According to foreign media reports, the Munich research institute Ifo Institute said that due to automakers including Volkswagen Group to reduce the output of high-cost factories, the German automotive industry’s capacity utilization rate has fallen to about 78%, 9 percentage points lower than the long-term average. More than […]
On August 6, the National Development and Reform Commission (NDRC), the National Energy Administration (NEA), and the National Data Agency (NDA) issued the Action Program for Accelerating the Construction of a New Type of Electricity System (2024-2027) (the “Action Program”). The Action Program puts forward a number […]