Tourists in Bali, Indonesia, on Jan. 4. Businesses in the Southeast Asian country are up in arms over a series of current and planned tax increases, including for some leisure activities.
Economy

Indonesia tax hikes spark outcry among businesses

Fiscal moves seen linked to populist programs amid presidential election

4 February 2024
A nickel mine in Indonesia. The supply chain for materials needed to make electric vehicles stretches around the world.
Interview

Let's get real about EVs' environmental impact, rare metal expert says

Decades needed to find cost-effective clean energy tech: Tokyo University's Toru Okabe

2 February 2024
China's Great Wall Motors began Thai production of electric vehicles in January.
Automobiles

China automakers doubled Thai market share in 2023 on EVs

BYD, Great Wall and others gained ground, while Japanese players lost momentum

2 February 2024
Crowds in China have gathered to see Tesla's futuristic Cybertruck. (Photo by Shizuka Tanabe)
Automobiles

Tesla shows off Cybertruck to Chinese fans in first Asia tour

With no sales planned for China, rollout aims to drive brand image

1 February 2024
Cars for export wait to be loaded onto a cargo vessel at a port in Lianyungang, China.
Automobiles

China overtakes Japan in auto exports with boost from EVs

Japan loses crown for 1st time in seven years amid BYD's rise

1 February 2024
Rising Chinese electric vehicle maker BYD plans to roughly double its sales outlets in Singapore and the Philippines this year. (Photo by Dylan Loh)
Electric cars in China

Chinese EV leader BYD makes aggressive push in ASEAN

Tesla rival eyes doubling outlets in Singapore, Philippines after entering Indonesia

31 January 2024
China's BYD will start producing electric vehicles in Thailand this year. (Photo by Kenya Akama)
Automobiles

Chinese EV makers to help boost Thai auto production in 2024

BYD and SAIC's plans to manufacture locally seen expanding sector by 3%

31 January 2024
Toyota Motor Charman Akio Toyoda answers questions at a news conference on Jan. 30. (Photo by Yuki Nakao)
Automobiles

Toyota chairman pledges change amid misconduct at affiliates

Member companies lost sight of core values as car industry grew, says Akio Toyoda

30 January 2024
Toyota has suspended a total of six lines at its four plants that assemble vehicles in Japan since Jan. 29. (Photo by Yuki Nakao)
Automobiles

Toyota and Hino halt some production over engine scandal

Group company of duo cheated on certification, affecting Alphard minivan

30 January 2024
A man plugs in an EV at a charging station in New Delhi. India has just 11,000 charging stations. The Confederation of Indian Industry estimates the country needs at least 1.3 million by 2030.
Automobiles

India's electric vehicle boom stalls over charging challenges

Limited infrastructure major hurdle to lifting sales in world's No. 3 car market

30 January 2024
Workers on an Audi Q3 assembly line at an FAW-Volkswagen plant in Tianjin, China.
Automobiles

China EV price war spreads to gas-fueled cars, denting foreign brands

Honda, Nissan, GM and VW face rougher road amid weak sales and deep discounts

30 January 2024
The Nissan Leaf is hooked up to a charger. Nissan Motor plans to release 27 electrified models by the end of the decade.
Automobiles

Nissan to produce cheaper EV batteries for emerging markets

Lithium iron phosphate cells set to be installed from 2026

30 January 2024
Toyota Industries was found by an independent panel to have falsified horsepower output tests for diesel engines used in seven Toyota industrial vehicles and three car models.
Automobiles

Toyota halts some shipments over affiliate's rigged certification tests

Irregularities in engine part tests by Toyota Industries affects 10 models

29 January 2024
Volatile prices of nickel and other EV battery materials are creating headaches for Australia's resource sector. 
Market Spotlight

Australia's EV battery metals industry faces Indonesia, China challenges

Weak nickel and lithium prices force some miners to stop digging

29 January 2024
An LG Energy Solution plant in Poland. The South Korean company ranks third globally among automotive battery makers.
Automobiles

LG Energy's battery expansion hits speed bump as EV adoption slows

Revenue drops on weak U.S. and Europe demand and competition-driven price declines

28 January 2024
Mitsubishi Fuso looks to export its eCanter electric trucks to Hong Kong and Singapore. (Mitsubishi Fuso)
Automobiles

Mitsubishi Fuso, Isuzu to sell electric trucks in Hong Kong and Thailand

EV market, including commercial vehicles, expanding rapidly in Southeast Asia

26 January 2024
Hyundai Motor is aiming to change the hardware structure of its vehicles with software technologies. 
Automobiles

Hyundai Q4 operating profit weighed down by slow EV growth

Gain of 0.2% on year also affected by strength in South Korean won

25 January 2024
Geely is among the Chinese automakers pursuing its own semiconductor development capabilities. (Photo by Shunsuke Tabeta)
Semiconductors

EV powerhouse China to set own standards for automotive semiconductors

Home of Tesla rival BYD remains dependent on imports from Europe, Japan

25 January 2024
Tesla CEO Elon Musk
Automobiles

Elon Musk: China automakers would 'demolish' rivals without trade barriers

Tesla CEO says competitor BYD still an important battery supplier

25 January 2024
A Tesla showroom in Shanghai. More than half the vehicles the company delivered worldwide in 2023 were produced in China.
25 January 2024
Aerlyte produced a prototype of a composite material cargo bed for Toyota's pickup truck. (Photo by Noriyuki Doi)
Automobiles

U.S.-China startup aims to grow role in Toyota parts supply chain

Aerlyte sees opportunity with strong, lightweight composite material

25 January 2024
NanoMalaysia CEO Rezal Khairi Ahmad is overseeing Malaysia's effort to develop EV battery technology. (Photo by Amy Chew)
Technology

Malaysia seeks place in EV ecosystem with battery development

Scientist leading effort says 'boat has sailed' on manufacturing electric cars

24 January 2024
A Tesla electric car in Hangzhou, China. The U.S. brand has some loyal fans in China, but competition is intensifying.
Supply Chain

Tesla cars face more entry bans in China as 'security concerns' accelerate

Growing restrictions come as local champion BYD becomes world's top EV maker

24 January 2024
Bridgestone intends to boost investments over the next three years to develop heavy-duty performance tires.
Companies

Bridgestone plans $5bn investment push with focus on EV tires

Products for heavy machinery also emerge as priority as rivals catch up

24 January 2024
Toyota's value has been boosted by price and production increases as well as the weak yen. (Photo by Kazumi Saito)
Markets

Toyota's market cap sets new Japan record, topping bubble-era NTT

Automaker soars as strong earnings draw overseas investors in droves

24 January 2024