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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

Green Car Congress

In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.

Asia 326
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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

Green Car Congress

Ford Motor Company is reorganizing its Asia Pacific operations. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. Success in China is critical as we reposition our global business for long-term success.

Asia 207
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Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

Green Car Congress

The integration provides an expanded global presence with 16 facilities in North America, Asia and Europe to serve the global customer base with a robust manufacturing footprint producing over 100 million components and assemblies annually. The world automotive market is going through a period of fundamental change.

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HASCO Magna eDrives hit the market on Volkswagen MEB platform

Green Car Congress

Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. We take a lot of pride in being the global supplier for all secondary eDrives for Volkswagen’s MEB platform and seeing the initial vehicles hit the market.

Market 417
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BYD’s premium DENZA enters Thailand’s luxury auto market

Teslarati

BYD’s premium all-electric DENZA D9 MPV recently debuted in Thailand’s growing luxury auto market. The introduction of [the] DENZA brand strengthens our commitment to the Thai market. “As Thailand’s luxury car market is projected to deliver a revenue of up to $494 million this year.

Thailand 115
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

Green Car Congress

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195