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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.

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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.

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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).