Showing 1 - 10 of 129
Malaysian carmaker Proton launches first EV plant
Reuters, Published on 04/09/2025
» KUALA LUMPUR — Malaysian automaker Proton launched its first electric vehicle assembly plant on Thursday, as the Southeast Asian nation looks to boost development of its electric vehicle (EV) industry.
Luxury carmaker Lotus to slash UK jobs amid US tariffs
AFP, Published on 29/08/2025
» LONDON — Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs.
To go far, go EV
Business, Published on 25/07/2025
» At the time of writing, the S&P 500 Index is trading at a fresh all-time-high, up 6.3% for the year to date after being down almost 18% at one point in early April. The 10-year US Treasury yield is around 4.3%, up from levels slightly below 4% in early April.
Asian shares rise with upbeat data from US
Business, Published on 19/07/2025
» RECAP: Asian stocks advanced as a global rally gained vigour on strong economic data that eased concerns about the US economy. Regional investors also believe central banks may do more to cushion tariff-related pressure on economic growth.
Volvo Cars swings into loss on EVs, tariffs
AFP, Published on 17/07/2025
» STOCKHOLM - Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market.
King Gen to Launch Farizon EV Vans in Thailand
Published on 18/06/2025
» Bangkok, June 17, 2025 – King Gen Public Company Limited (KGEN) is making bold moves to expand its business portfolio, with plans to secure exclusive rights to import and distribute Farizon, a new energy commercial vehicle brand under the Geely Holding Group, in Thailand. The company aims to introduce Farizon’s smart, sustainable electric vehicle solutions to the Thai market, with a strong focus on environmental impact, safety, and innovation.
Why China's auto, tech giants threaten Tesla’s self-driving future
Published on 10/06/2025
» AUSTIN — Chinese electric-vehicle makers led by BYD (Build Your Dreams) beat Tesla in the competition to produce affordable electric vehicles (EVs). Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
EV sector faces bumpy road
Published on 09/06/2025
» A recent uptick in electric vehicle sales may not signify a smooth path for the Thai EV industry following double-digit growth.
China warns EV makers over price war
Published on 06/06/2025
» Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter.
Chinese carmakers near 10% UK share after fivefold BYD surge
Bloomberg News, Published on 05/06/2025
» LONDON — Chinese automakers stepped up their push into the United Kingdom (UK) last month, closing in on a 10% market share for the first time as demand for BYD (Build Your Dreams) Co electric models continues to boom.