The planned factory in Mexico would boost Koito's production capacity in the country by around 60%. (Koito Manufacturing)
17 September 2024
Indonesian President Joko "Jokowi" Widodo visits a Hyundai factory that opened in the country in 2022. (Indonesian presidential office)
Automobiles

In Indonesia, BYD and Hyundai lure workers from Japan rivals

Competitors said to offer triple the pay of Japanese automakers

15 September 2024
Chinese automaker BYD's lowest-priced model in the U.S. would still be the cheapest in the market even with a 100% tariff, according to an industry analyst.
Electric vehicles

Chinese EVs still cheaper than Teslas in U.S. after tariff hike

Supply chain advantages help BYD and others compete on price

15 September 2024
Electric vehicle models on display in Beijing. The U.S. enacts a 100% duty on electric vehicles imported from China as well as a 50% tariff on EV batteries, effective Sept. 27.
US-China tensions

U.S. to start steep China tariff hikes on EVs, solar cells, on Sept. 27

Industry group warns of potential for disrupting chip-related supply chains

14 September 2024
A partnership between General Motors and Hyundai Motor would be the first of its kind between U.S. and South Korean automakers. (Source photos by Reuters)
Automobiles

GM pivots to Hyundai from Honda in shifting EV landscape

U.S. and South Korean partners aim to bring down costs to compete with Chinese rivals

14 September 2024
A Tatebayashi Moulding worker shapes a stamping die with a grinder: Under the ownership of BYD, the company is moving to implement new designs more quickly. (Photo by Suzu Takahashi)
Business Spotlight

Japanese auto parts makers scramble to prepare for EV shift

'No time to rest,' given lead time for phase out of gasoline-powered cars

13 September 2024
The pace of new hydrogen station openings in China has slowed. (Photo by Shunsuke Tabeta)
Electric cars in China

China's fuel cell vehicle push loses momentum as sales sputter

Sinopec says it's being 'very cautious' on opening hydrogen stations

13 September 2024
Automakers face tens of billions of dollars in capital costs as technology shifts to EVs. (Source photos from Reuters)
Automobiles

GM, Hyundai Motor to explore joint vehicle development projects

Potential partnership could encompass wide range of technologies

13 September 2024
Many Japanese businesses, including Honda Motor, have operations in the Indian state of Rajasthan. (Photo by Ryosuke Hanada)
Interview

India's Rajasthan courts Japan auto industry with eye on EVs

State chief touts potential for business and tourism opportunities

12 September 2024
Japanese automakers, like Toyota Motor, have been expanding their hybrid lineup in Indonesia. (Photo by Tomoyoshi Oshikiri)
Automobiles

Indonesia hybrid car incentives grind to halt amid political shakeup

Economic minister who backed measure gives up reins to major party

12 September 2024
Diggers work at a lithium battery anode material project in China's Guizhou province. 
Commodities

Australian miners rally as China's CATL 'adjusts' lithium output

Oversupply has dragged on prices for key battery material over a year

11 September 2024
New energy vehicles draw consumers at an event in Chengdu, China, on Aug. 31. (Photo by Shizuka Tanabe)
Economy

China's auto sales dip 5% in August, down for 3rd straight month

Decline reflects lackluster consumer spending, but new energy vehicles fare well

11 September 2024
The electrolyte LiFSI can extend the life of an electric vehicle battery to 800 charging cycles from 500. (Photo by Masayuki Kozono)
Electric vehicles

Material that extends EV battery life set for higher output in Japan

Nippon Shokubai to join growing Japanese electric vehicle supply chain

11 September 2024
Chinese President Xi Jinping, right, and Spanish Prime Minister Pedro Sanchez shake hands before their meeting in Beijing on Sept. 9. (China Daily via Reuters)
10 September 2024
Honda Motor has experienced declining sales volumes in China for seven straight months. (Photo by Shizuka Tanabe)
Automobiles

Honda scales back factory workforce at 2nd China joint venture

Japan automaker takes voluntary retirements at Dongfeng Honda as sales slump

10 September 2024
Panasonic Energy says it is ready to begin producing its latest, larger lithium-ion batteries, far right. (Photo by Yo Inoue)
Automobiles

Tesla supplier Panasonic ready to make larger 4680 EV batteries

Greater energy capacity will help automakers cut production costs

9 September 2024
China's major private automakers, including BYD, posted strong results for the January-June half. (Photo by Shizuka Tanabe)
Automobiles

BYD, Geely soar in China's crowded field as state carmakers slump

Private companies log higher profit in 1st half on strong sales and margins

9 September 2024
Firefighters in Seoul practice putting out an EV fire. (Yonhap via Kyodo)
Electric vehicles

South Korea to certify EV batteries after blaze ignites fears

Seoul issues strict rules to protect industry it sees as a key driver of growth

7 September 2024
Sharp Chief Technical Officer Mototaka Taneya previews the company's new EV concept model on Sept. 6. (Photo by Kanoko Sakamoto)
Electric vehicles

Sharp weighs move into EVs 'in a few years': tech chief

Electronics group to work with parent Hon Hai to be part of value chain

7 September 2024
Geely says it now has a total of 30 satellites in orbit and operational. (Photo by Tomoko Wakasugi)
China tech

China's Geely builds out satellite network with latest launch

Automaker set to start global communications service

7 September 2024
Toyota's decision to lower its EV production target for 2026 to 1 million cars, 30% below its earlier sales forecast, was prompted by the slowdown in the global EV market.
Electric vehicles

Toyota to slow EV output to 30% below previous 2026 sales forecast

Japan auto giant revises plan, now eyes 1m cars for global market

6 September 2024
Despite its sponsorship of the Euro 2024 soccer championship, BYD has yet to make sales headway in Germany. (Photo by Jens Kastner)
Automobiles

BYD's new German strategy under scrutiny after August sales slump

Lack of trust in after-sales services, low brand recognition seen as problems

6 September 2024
Green Rubber Energy's technology offers an alternative to burning waste tires. (Green Rubber Energy)
Climate Change

Japan's Marubeni takes stake in Thailand tire recycling company

Trading house buys into technology that recovers carbon black

6 September 2024
Toyota Motor plans to build a new electric-vehicle battery factory that will supply a nearby Lexus assembly plant. (Photo by Haruka Kadooka)
6 September 2024
Fuel cell vehicles can be fully charged in a few minutes, much faster than EVs. (Fabian Kirchbauer Photography)
Automobiles

BMW to make fuel cell cars in 2028 by teaming with Toyota

Automakers look to drive down costs of expensive EV alternatives

6 September 2024