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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Splendid Wall readies EV battery meeting, analysis in Thailand

Baua Electric

is finalizing plans to take a position as much as $30 million to arrange a untouched battery bind meeting plant in Thailand, the place it is going to get started creating a compact electrical automotive upcoming occasion, consistent with an organization reputable. BANGKOK — China’s Splendid Wall Motor Co.

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda has been offering the Honda e: Business Bike series models and accelerating the global launch of business-use electric motorcycles. Currently, EMs (electric motorcycles) and EBs (electric bicycles) account for more than 90% of industry-wide global electric motorcycle unit sales (approximately 50 million units). Platform strategy.

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Ford is cutting another 4,000 jobs in Europe as it loses ground in the global EV race

Baua Electric

Ford’s announcement comes as China’s leading EV maker, BYD, is quickly catching up in global deliveries. Electrek’s Take Ford’s restructuring in Europe comes as EV leaders, like China’s BYD, continue gaining ground in the global auto market. While Ford’s Model e EV unit is on track to lose between $5 billion and $5.5 billion (RMB 11.6

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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. China continues to dominate in global solar capacity installations. Get started here.

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Mitsubishi Previews Angular DST Concept, Global Production Version to Follow

The Truth About Cars

Mitsubishi revealed a boxy, three-row concept at the Philippine International Motor Show this week, stating that the car would eventually spawn a production model intended for global sale. Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore and Malaysia may be smaller countries.

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Reports of an electric vehicle sales slowdown may be exaggerated

Teslarati

In a report, Bloomberg News noted that pure electric car makers like Tesla stand to hold 7% of the global vehicle market this 2023. Also interesting is the fact that electric cars are also growing in countries like India, Thailand, and Indonesia. In Thailand alone, electric vehicles have captured 9% of the cars sold in the country.