Showing 1 - 7 of 7
Carmakers flag difficult year on costs, muted EV demand
Bloomberg News, Published on 09/05/2024
» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.
Chinese EVs bet they can dethrone Japan brands in Thailand
Bloomberg News, Published on 09/04/2024
» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.
Tesla sold only one car in Korea in January
Bloomberg News, Published on 07/02/2024
» SEOUL - Tesla Inc sold just one electric vehicle (EV) in South Korea in January as a raft of headwinds, from safety concerns to price and a lack of charging infrastructure, weigh on demand.
Tesla, VW at risk of ties to Uyghur forced labour in China
Bloomberg News, Published on 01/02/2024
» NEW YORK - Five of the world's major carmakers are not sufficiently mapping their supply chains to stamp out links to forced labour programs in China's Xinjiang region, according to a report by Human Rights Watch (HRW).
Indonesia says BYD to invest $1.3 billion to boost output
Bloomberg News, Published on 19/01/2024
» China’s BYD (Build Your Dreams), the world’s largest maker of electric vehicles (EVs), will invest US$1.3 billion in Indonesia, including in a production facility, according to a senior government official.
Tesla failed to fix autopilot after fatal crash, engineers say
Bloomberg News, Published on 17/08/2023
» SAN FRANCISCO - Tesla Inc failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a driver in 2016, company engineers said in a family’s lawsuit over a very similar 2019 fatal collision that is headed to a jury trial.
Geely to invest $10b in Malaysia
Bloomberg News, Published on 18/07/2023
» KUALA LUMPUR: Chinese automaker Geely plans to invest US$10 billion to turn Tanjung Malim in Malaysia’s Perak state into the region’s largest auto hub, according to Prime Minister Anwar Ibrahim.