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Key Automotive Trends for 2025
Electric vehicles are set to dominate the market, with a 17% growth in shipments in 2025 and over 50% of all models expected to be electric by 2030, as predicted by Gartner.
Japan's R&D Spending Hits New High Toyota Leads
Japanese companies have significantly increased their research and development (R&D) spending for the 15th consecutive year. Toyota Motor Corporation has maintained its position as…
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Kubota to Expand Industrial Engine Production in Thailand
Kubota is expanding its Thailand factory to increase annual production of industrial diesel engines from 120,000 to 160,000 units by 2026. The investment is estimated to be several…
Gartner Forecasts Worldwide AI Chips Revenue to Grow 33% in 2024
Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc.
Thailand Car Production Drops 16.19% in May Amidst Economic Slowdown and EV Readiness Concerns
Thailand's vehicle production in May 2024 reached 126,161 units, a 16.19% decline from last year. The decrease is attributed to subdued domestic sales, sluggish economic growth, an…
Newly Registered Electric Vehicles (xEV) in September 2021
The new registration for Electric Vehicles (xEV) in September totaled 3,684 units, increasing 10% (YoY) and rising 32% when comparing with the same period in 2019.
Thailand’s Motorcycle Sales Drop 9.35% in 2024, BEV Plummets Over 50%
The Automotive Industry Club of the Federation of Thai Industries (FTI) reported that Thailand’s total motorcycle sales in 2024 reached 1,683,239 units, marking a 9.35% decline fro…
Thailand’s January 2025 Auto Production Plunges 24.63% Amid Domestic and Export Decline
Thailand's total vehicle production in January 2025 stood at 107,103 units, marking a sharp decline of 24.63% compared to January 2024. The drop was observed in both domestic and e…
5-Axis Tech Takes Center Stage! Almost 400 Industry Leaders Gather at The Event.
Almost 400 industry professionals gathered at the Thai-German Institute in Chonburi on October 3-4 for the "The Utmost Stories of 5 Axis Technology" event.
Hitachi Invests in Indonesia to Expand Giant Excavator Production
Hitachi Construction Machinery will begin mass production of ultra-large hydraulic excavators with vehicle weights of 120 tons at its Indonesia factory from November.
Samut Sakhon: Champions for the largest number of new factories in October 2023
New factories were licensed in October 2023, totaled 203 factories. Samut Sakhon was the province where 34 new factories opened, the largest number with the total capital of 1,194.…
Japan Machine Tool Orders: June 2024
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japanese machine tools in June 2024 totaled 133.82 billion yen (US$909.95 million), a 7.5% …
Car Production in February 2023 totaled 165,612 units
The February production reached at 165,612 units, increased 6.39% (YoY). The production number of this year totaled 327,939 units, rising 6.68%.
New Mazda CX-5 Hybrid to be unveiled in 2025, addressing the EV era.
Mazda is developing a new hybrid engine for its larger SUV, the CX-5, with plans to introduce it in 2025. This move is part of a broader strategy to consolidate its current models …
Thailand's Car Production Down 25% in October
In October 2024, Thailand produced a total of 118,842 cars, a decrease of 25.13% from the 158,819 units produced in October 2023. The decline was driven by a 7.00% decrease in expo…
Japan Uses AI to Reproduce Voice from Brain Waves
The Tokyo Institute of Technology uses AI to reproduce voice from brain waves, supporting patients with intractable diseases such as hearing loss and amyotrophic lateral sclerosis …
Sharp Exits LCD Business, Halts Production of Large TVs
Sharp scales back its device business significantly, discontinuing large TV manufacturing, suspending operations at the Sakai plant and cutting staff.
DigiKey to Highlight Automation Offerings and Services at SPS 2024
DigiKey is set to highlight its automation offerings and services at SPS 2024 from November 12-14 in Nuremberg, Germany.
85 Million EVs to Dominate Global Roads in 2025
By the end of 2025, 85 million electric vehicles (EVs) - cars, buses, vans and heavy trucks – are expected to be on the road, according to the latest forecast by Gartner, Inc.
Japan's Machine Tool Orders Surpass 140 Billion Yen for the First Time in 21 Months in December 2024
JMTBA reported that total machine tool orders in December 2024 reached 143.09 billion yen (approximately U$942.13 million), marking a 19.9% increase from November.