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Monday 19 December 2022
TDEM VP: Greater collaboration needed for EV growth in SEA
Southeast Asia has been the emerging market that EV makers target, but some enablers are required for a takeoff. Pras Ganesh, executive vice president in charge of business transformation...
Tuesday 29 November 2022
Toyota global output slows from record as challenges persist
Toyota Motor Corp. produced 771,382 vehicles in October, down from a record of 887,733 the previous month, and warned of an uncertain outlook due to Covid and semiconductor shortag...
Wednesday 2 November 2022
Toyota sees operating income decrease, scaling back production forecast for FY2023
The world's largest automaker by sale reported a profit decline for the April-September period, mainly due to the rising raw material prices. Moreover, as the supply for some semiconductor...
Tuesday 1 November 2022
Tier 0.5 to rise as new trend amid car supply chain restructuring
With the electronic/electrical architecture (EEA) gaining application momentum in the development of intelligent vehicles, the automotive supply chain is also being restructured,...
Tuesday 25 October 2022
Toyota launches EV co-developed with BYD, reportedly considering a strategy revamp
Toyota Motor just launched the first EV model that it jointly developed with China-based BYD to gain a presence in the world's largest EV market. On the other hand, the Japanese automaker...
Tuesday 11 October 2022
Hyundai Motor charging ahead with multiple bold investments
Successfully averting the crisis of automotive chip shortages, Hyundai Motor Group leapt to the world's 3rd-largest automaker by sales volume in the first half of 2022, up from 5th...
Friday 30 September 2022
Toyota's CEO says EV adoption will take longer than expected
Toyota Motor plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new...
Tuesday 6 September 2022
PHEV sales in US market to be galvanized by IRA incentives
Plug-in electrical vehicles (PHEV) are expected to regain significant growth momentum for sales in the US market, as American consumers buying such vehicles will enjoy equal investment...
Tuesday 23 August 2022
CATL, BYD competition heats up for Tesla orders
Competition between CATL and BYD, China's two largest lithium iron phosphate (LFP) power battery makers, has intensified as the new energy vehicle market continues to expand, and...
Tuesday 23 August 2022
Toyota bets on hybrids instead of EVs in India
Despite Korean companies' eagerness to invest in India's EV market, Japanese carmakers have decided to put their bets on hybrid cars as their Indian strategy, with Toyota combining...
Friday 19 August 2022
VIA edge AI solutions attract orders from Toyota Material Handling Taiwan
VIA Technologies' edge AI solutions for smart transportation have attracted orders from Toyota Material Handling Taiwan, according to the Taiwan-based company specializing in embedded...
Thursday 4 August 2022
GM and Toyota securing lithium supply for EV ramp up
Lithium has become the indispensable metal in global automotive electrification. Carmakers and battery manufacturers have strengthened cooperation with lithium producers, even prepaying...
Monday 1 August 2022
Denso launches new RC-IGBT for EV, reducing energy loss by 20%
Japan's top automotive components supplier Denso is keen to develop and produce automotive power chips on its own, and has just unveiled a new power semiconductor device for electrical...
Friday 29 July 2022
Indonesia attracts a US$2.5 billion investment from Toyota and Mitsubishi
Indonesia attracted new investments worth a total of Rp 37.1 trillion (US$2.48 billion) from Japanese automakers, Mitsubishi and Toyota through the coordinating minister for Economic...