Focus on Transport
Thailand approves incentives for auto parts joint ventures
Board of Investment to grant tax exemptions to Thai joint ventures in the automotive industry as part of government's investment in EVs.
MG Motor to build manufacturing plant, R&D center in Mexico
Chinese-owned car brand MG's Mexico facilities will provide 'market intelligence for Latin America', without mentioning any US plans.
South Korea to hold emergency meeting after EV fires raise concerns
Manufacturers may have to disclose brands whose products involved in EV battery fires as Korean officials discuss how to prevent incidents.
China’s drivers fret as robotaxis pick up pace — and passengers
Self-driving technology remains experimental but China has moved aggressively to green-light trials.
Honda Q1 profit jumps 23%, helped by hybrid vehicle sales
Weak yen and growing hybrid sales in the US see Honda profits grow to $3.3bn in April-June period.
Hyundai to invest $28 million in Thailand for EV assembly, batteries
New Hyundai Thailand factory will assemble EVs and batteries as the South Korean carmaker joins Chinese companies in using country as a base...
Rivian sticks to production forecast, posts second-quarter margin below estimates
Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.
Waymo to expand autonomous ride-hailing service areas in LA, San Francisco
Waymo expands its autonomous ride-hailing service in San Francisco and Los Angeles, meeting rising customer demand.
German drugstore chain shuns Teslas over Musk’s support for Trump
Rossmann will stop buying Tesla cars for its fleet due to CEO Elon Musk's support for Donald Trump, citing an "incompatibility" with Tesla's...
Tesla to fix 1.7 million vehicles in China, says market regulator
Remote Tesla recall in China will see nearly 2m vehicles receive software update to fix issue with front trunk lid.
