Showing 1 - 10 of 50
China floods the world with gasoline cars it can't sell at home
Reuters, Published on 02/12/2025
» WARSAW — China's electric vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.
Royal Enfield eager to rev up Asia-Pacific expansion
Business, Boonsong Lipimas, Published on 26/09/2025
» Indian mid-sized motorcycle manufacturer Royal Enfield is stepping up its expansion across Asia-Pacific, fuelled by strong demand, rising market share, and a refined product and network strategy.
To go far, go EV
Business, Kean Tan, 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.
China's intense EV rivalry tests Thailand's local production goals
Reuters, Published on 04/07/2025
» Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk.
China’s EV makers are facing a reality check in Southeast Asia
Bloomberg, Published on 03/03/2025
» On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD began the day with a showroom devoid of customers. Just a few kilometres away, a dealership for upstart Vietnamese EV maker VinFast Auto was buzzing, with would-be buyers pouring over new models.
Nissan ‘calls off Honda merger talks’
Reuters and Bloomberg, Published on 05/02/2025
» TOKYO - Nissan Motor Co has called off merger talks with Japanese rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the world’s third-largest automaker and raising questions about its ability to ride out a crisis on its own.
Traders on sidelines awaiting signals from Fed chief
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
VinFast delays Thai dealerships amid global EV sales slowdown
Bloomberg News, Published on 22/08/2024
» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.
BYD urged to shield EV prices
News, Bangkok Post, Published on 06/07/2024
» Prime Minister Srettha Thavisin called on BYD (Build Your Dreams), China's electric vehicle (EV) giant, to ensure protection and a proper pricing policy for consumers after some of its dealers offered steep discounts, leaving customers who had bought the vehicles before the discount campaign feeling "short-changed".
Complaints about EV discounting investigated
Published on 03/07/2024
» Thai consumer protection authorities are investigating BYD dealers after a consumer complaint about aggressive discounting by the Chinese electric vehicle maker that left some buyers upset about how much they paid for their cars.