Industry News
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Thailand plans to implement new tax breaks to attract investment from hybrid car manufacturers
Thailand plans to offer new incentives to hybrid car manufacturers in a bid to attract at least 50 billion baht ($1.4 billion) in new investment over the next four years. Narit Therdsteerasukdi, secretary of Thailand's National Electric Vehicle Policy Committee, told rep...Read more -
Song Laiyong: “Looking forward to meeting our international friends with our cars”
On November 22, the 2023 "Belt and Road International Business Association Conference" kicked off at the Fuzhou Digital China Convention and Exhibition Center. The conference was themed "Linking global business association resources to jointly build the 'Belt and Road' w...Read more -
LG New Energy talks with Chinese materials company to produce low-cost electric vehicle batteries for Europe
An executive at South Korea's LG Solar (LGES) said the company is in talks with about three Chinese material suppliers to produce batteries for low-cost electric vehicles in Europe, after the European Union imposed tariffs on Chinese-made electric vehicles and competiti...Read more -
Thai Prime Minister: Germany will support the development of Thailand’s electric vehicle industry
Recently, the Prime Minister of Thailand stated that Germany will support the development of Thailand’s electric vehicle industry. It is reported that on December 14, 2023, Thai industry officials stated that the Thai authorities hope that the electric vehicle (EV) produ...Read more -
DEKRA lays foundation for new battery testing center in Germany to promote safety innovation in the automotive industry
DEKRA, the world's leading inspection, testing and certification organization, recently held a groundbreaking ceremony for its new battery testing center in Klettwitz, Germany. As the world's largest independent non-listed inspection, testing and certification organizati...Read more -
The “trend chaser” of new energy vehicles, Trumpchi New Energy ES9 “Second Season” is launched in Altay
With the popularity of the TV series "My Altay", Altay has become the hottest tourist destination this summer. In order to let more consumers feel the charm of Trumpchi New Energy ES9, Trumpchi New Energy ES9 "Second Season" entered the United States and Xinjiang from Ju...Read more -
LG New Energy will use artificial intelligence to design batteries
South Korean battery supplier LG Solar (LGES) will use artificial intelligence (AI) to design batteries for its customers. The company's artificial intelligence system can design cells that meet customer requirements within a day. Base...Read more -
What are the differences between BEV, HEV, PHEV and REEV?
HEV HEV is the abbreviation of Hybrid Electric Vehicle, meaning hybrid vehicle, which refers to a hybrid vehicle between gasoline and electricity. The HEV model is equipped with an electric drive system on the traditional engine drive for hybrid drive, and its main power...Read more -
Peruvian Foreign Minister: BYD is considering building an assembly plant in Peru
Peruvian local news agency Andina quoted Peruvian Foreign Minister Javier González-Olaechea as reporting that BYD is considering setting up an assembly plant in Peru to make full use of the strategic cooperation between China and Peru around the Chancay port. https://www.edautogroup.com/byd/ In J...Read more -
Wuling Bingo officially launched in Thailand
On July 10, we learned from the official sources of SAIC-GM-Wuling that its Binguo EV model has been officially launched in Thailand recently, priced at 419,000 baht-449,000 baht (approximately RMB 83,590-89,670 yuan). Following the fi...Read more -
Huge business opportunity! Nearly 80 per cent of Russia’s buses need to be upgraded
Nearly 80 per cent of Russia's bus fleet (more than 270,000 buses) is in need of renewal, and about half of them have been in operation for more than 20 years... Nearly 80 per cent of Russia's buses (more than 270,...Read more -
Parallel imports account for 15 per cent of Russian car sales
A total of 82,407 vehicles were sold in Russia in June, with imports accounting for 53 per cent of the total, of which 38 per cent were official imports, almost all of which came from China, and 15 per cent from parallel imports. ...Read more