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Insights
28-May-19 Japanese automotive supplier Denso plans to invest RMB2 bn (USD290 mn) in a plant in Guangzhou, China. The 100,000 sqm plant will mainly be used for auto parts manufacturing, quality monitoring, and a warehousing and distribution center. [image: Asia Times]
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13-Jan-19 Vietnamese companies are branching out into new areas, in line with the government's goal of establishing the country as a manufacturing powerhouse by 2020. Real-estate conglomerate Vingroup has started manufacturing e-motorbikes, smartphones and is set to enter the car industry. [image: Nikkei Asian Review]
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08-Jan-19 Alibaba Group’s smart assistant, Tmall Genie, will launch in select BMW vehicles in China by the end of 2019. Drivers will be able to use Tmall Genie to shop online, view cinema listings or check the weather at their destination. [image: Alzila]
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06-Dec-18 By 2025, EVs and HEVs will account for 30 percent of all vehicle sales globally. The growth of China’s new EV market is expected to hit 46 percent by 2020, with 2.5 million units produced in that year. [image: Greg Baker / AFP / Getty Images]
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26-Nov-18 Thailand will remain a hub for ASEAN, especially Cambodia, Laos, Myanmar and Vietnam, said Ramkumar Dhruva, BASF President Asia-Pacific. "Automotive production in ASEAN is growing steadily, and 50 percent... is from Thailand... followed by Indonesia and Malaysia". [image: The Nation]
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