VinFast launches VF 3, offers free charging for its EV in Indonesia

VinFast announces the launch of VF 3 and a free charging policy for its electric vehicles in Indonesia.

Mazda investing 5,000 Million Baht to established xEVs manufacturing and electrified B-SUV with an annual capacity of 100,000 units

Mazda investing 5,000 Million Baht to established xEVs manufacturing and electrified B-SUV with an annual capacity of 100,000 units, targeting to drive business with Customer-Centr…

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 2024 Auto Sales Drop 26.18%, Passenger EV Sales Decline but Hybrids Rise

The Automotive Industry Club of the Federation of Thai Industries (FTI) has reported that Thailand's total vehicle sales in 2024 reached 572,675 units, marking a significant declin…

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.

Mazda to build Module Pack Plant for Cylindrical Lithium-ion Batterires

Mazda to build Module Pack Plant for Cylindrical Lithium-ion Batteries for Automotive Use in Iwakuni City, Yamaguchi Prefecture

Honda and Nissan Merger to Challenge EV Competition

Toyota Posts Strong Profits Amidst Challenges

Toyota overcomes headwinds to maintain profitability, steady cost reduction activities and other efforts resulted in an operating profit of 2.4642 trillion yen for the April-Septem…

Thailand EV Board Approves Tax Cuts for Hybrid Cars and Extends Production Scheme

Thailand EV Board approves extended production timeframe for BEV and inclusion of Mild HEV in hybrid incentive package to support industry’s electrification.

Electronics Industry Booms: 8 Major Companies Raise Full-Year Revenue Targets Amid Growing Digital Transformation Investments

Eight major electronics companies revised their full-year revenue forecasts upward, driven by strong core businesses and increasing global demand for digital transformation (DX).

Seven Passenger Car Companies’ Global Sales Fall 1.4%

Global sales by seven passenger car companies have declined by 1.4%, marking the first year-on-year drop in two years. Intensifying competition in China and North America is puttin…

Proterial Develops Advanced Magnetic Sheet for Non-Contact EV Charging

Proterial, formerly Hitachi Metals, has developed a cutting-edge magnetic sheet and panel using soft magnetic materials to enhance non-contact charging systems for electric vehicle…

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.

Sharp's New Venture: Can Electric Vehicles Save the Company?

In search of “Sharp-ness,” Sharp’s unique approach to the EV market will be put to the test as the company moves away from its traditional LCD business and accelerates its efforts …

ASEAN-Japan Collaborate on Next-Generation Vehicle Strategy, with a Roadmap to 2035

Japanese manufacturers hold a significant market share in ASEAN, but Chinese automakers have been gaining ground in recent years. By deepening cooperation with ASEAN, Japan aims to…

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 …

Sharp enters the EV business with a Futuristic Living Room on Wheels

Sharp is diving into the EV market, teaming up with Foxconn to create the "LDK+" model. This new EV offers a living room-style interior complete with a 65-inch screen and is slated…

Japanese Automakers Rethink China Strategy Amid Slow Response to NEV Price Wars

Japanese automakers are being forced to rethink their China strategies. Nissan has closed some of its factories, Honda is planning to cut staff, and Mitsubishi has already withdraw…

Electronic Components Boom! 7 Companies See Profit Growth as Electric Vehicles Drive Demand

Full-year forecasts for eight electronic component companies: seven increase in profits for the current period; automotive applications remain strong.

Toyota Develops New Efficient 1500cc and 2000cc Engines for Electrification

Toyota achieved record profits in fiscal year 2023 due to stable new car sales, particularly hybrid vehicles, in North America, Europe, and Japan. Continuous product improvements a…