Dongfeng Honda Holds Opening Ceremony for New Energy Vehicle Production Plant in China
October 11 2024 WUHAN, China, October 11, 2024 – Dongfeng Honda Automobile Co., Ltd. (Dongfeng Honda), a Honda automobile production and sales joint...
Nissan to invest in auto tech firm ChargeScape
Nissan invests in ChargeScape, joining BMW, Ford, and Honda in the EV charging tech venture to optimize charging in North America.
European automakers most at risk from US dockworkers strike, analysts say
European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.
China’s BYD ramps up hiring as Beijing prioritises employment
BYD has increased its workforce to more than 900,000 people, making the Chinese EV giant one of the largest employers in the country.
GM, Hyundai Motor to explore joint vehicle development projects
Shared vehicle development, supply chains and clean energy tech on the agenda in GM-Hyundai deal as both eye greater EV production.
Thailand’s EV makers seek to renegotiate govt incentives as sales slow
Manufacturers push for an extension of deadlines to keep Thai EV incentives as sales miss expectations.
EVs will account for up to half of auto sales by 2030, BYD Pakistan says
China's BYD hopes that Pakistan EV sales will shoot up as it enters a market dominated by Japanese brands.
GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil
General Motors saidit would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil.
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.
Mobileye slashes annual forecasts on uncertain demand; shares fall
Israeli self-driving company Mobileye revenue reconsidered as carmakers around the world cut production and reduce demand for chips.
