The German Stellantis plant currently produces the Opel models, while the Slovakia plant builds the B10 electric crossover, the Peugeot 208, and the Citroën C3 Picasso. The Tychy factory currently builds the Leapmotor T03 city car, as well as the gas version of the Fiat 500. Advertisement S...
Indonesia is taking bold steps to establish itself as a hub for electric vehicle (EV) production in Southeast Asia by offering attractive tax incentives to global car manufacturers. Starting in 2025, leading automakers—China’s BYD and GAC Aion, along with France’s Citroen—will benefit fro...
However, the biggest news for GWM in Thailand has to be thelaunch of the ORA Good Cat100 percent electric car. Earlier this month GWM Thailand hosted the delivery ceremony of ORA Good Cat to the first batch of Thai customers at Lido Connect, Siam Square. GWM executives led by Steven Wang...
Huawei Malaysia Digital Power Business Development Director, Mr Zou said the MoU aims to build a partner ecosystem to increase awareness of e-Mobility and marks an opportunity to cater to the surge of its demand in the country by supplying NEVs alongside other green energy related sol...
JD Power’sAutovista Group reportedthat in 2024, “Volumes grew by more than 100% in markets including Australia, Thailand, Brazil, Turkey, Malaysia, and Mexico in 2023 and more than 50% in India and Japan”. Mexico, for example, is on its way to becoming a major EV production hub. ...
Moreover, considering that China has vested heavily in building its entire EV supply chain from upstream material, specific auto components, and EV batteries to downstream car design and manufacturing, we have good reason to believe that the government may consider another EV subsidy extension in th...
by a maturing ecosystem of manufacturers, suppliers, and charging infrastructure providers.The China Passenger Car Associationreportsthat new energy vehicles, including battery electrics and plug-in hybrids, achieved a market penetration rate of 52.3% by November 2024, compared to 36% in July 2023. ...
its own trade barriers, EIU believes that Western-allied companies will derisk their EV supply chains by shifting investment away from China. This will result in higher near-term costs and reduced efficiency for western carmakers as they struggle to replicate sourcing strategies in alternative ...
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Moreover, considering that China has vested heavily in building its entire EV supply chain from upstream material, specific auto components, and EV batteries to downstream car design and manufacturing, we have good reason to believe that the government may consider another EV subsidy extension in th...