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Insights
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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Insights
17-Aug-18 Toyota will build additional capacity at its plant in Guangzhou, China, by 24 percent or 120,000 vehicles a year, in addition to increasing production in Tianjin by the same volume. The additional capacity is partly for electric vehicles. [image: Reuters / Aly Song]
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Insights
16-Aug-18 Geely Automobiles has surpassed its top three Japanese rivals to become the third-largest carmaker in China, following a 54% jump in net income for the six months through Jun-18, helped by models that appeal to the nation’s young consumers. [image: Andrey Rudakov / Bloomberg]
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