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#techAsia

China's AI price war and Japanese who "don't know how to use it"

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

11 July 2024
Under the hood of a Toyota Prius. As automobiles incorporate more electronic parts, component makers are boosting investment.
Business trends

Japan's electronic parts makers boost capital spending by 5%

Advanced automobiles and AI lift demand for capacitors and other parts

11 July 2024
Brine pools at an SQM lithium mine in northern Chile. China's Tianqi Lithium, a major stakeholder in SQM, is feeling the effects of the lithium price downturn.
Companies

Chinese lithium majors sink into red despite EV growth

Tianqi and Ganfeng warn of substantial losses in first half due to falling prices

10 July 2024
Cars await export at a terminal at the port of Yantai, in China's Shandong province, in January 2024.
Electric cars in China

China EV exports fell 13.2% in June amid rising trade tensions

Domestic electric shift raises fresh concerns over glut of conventional cars

10 July 2024
Honda Motor, one of the biggest Japan's automakers, faces growing competition from Chinese brands in markets such as Thailand.
Automobiles

Honda to end vehicle production at one of its two Thai plants

Chinese rivals have been accelerating into Southeast Asia

9 July 2024
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Podcast: Tech Latest

Japan's auto industry faces a growing AI chip problem

Tech Latest: Tune in to Nikkei Asia's podcast for the freshest updates on the tech sector

9 July 2024
BYD's Atto 3 at the Thailand International Motor Expo in Bangkok in 2022. The company sold fewer than 1,000 units of the electric vehicle in the Turkish market in 2023.
Automobiles

China's BYD to invest $1bn in Turkey for EV plant

Ankara exempts companies from additional 40% tariff if they set up local production

9 July 2024
Chinese President Xi Jinping hosts Hungary's Prime Minister Viktor Orban at the Diaoyutai State Guesthouse in Beijing on July 8. (China Daily via Reuters)
International relations

Hungary's Orban huddles with Xi on Ukraine during surprise China visit

'Peace mission' stop in Beijing follows controversial talks with Putin in Moscow

8 July 2024
This artist's rendering shows the facility where Keppel unit Volt Singapore will operate a large-scale EV charging hub in the city-state. (Volt Singapore)
Electric vehicles

Singapore to host Southeast Asia's largest EV charging hub

Keppel unit to operate new facility for buses, taxis and passenger cars

8 July 2024
POSCO Pilbara Lithium Solution, a unit of South Korea's top steelmaker, is betting on EV battery materials despite a slump in demand for electric cars. (POSCO Holdings)
Electric vehicles

POSCO bets on battery materials even as EV demand slows

South Korean conglomerate racing to catch up with local and Chinese rivals

8 July 2024
Indonesia's President Joko Widodo delivers his speech during launching of Indonesia's first battery cell production plant for electric vehicles, July 2024.
Opinion

Indonesia's EV drive faces geopolitical headwinds

Jakarta is betting big on producing electric vehicles, but so are much larger powers

8 July 2024
The common EV platform will be found in Honda's 0 Series, left, and in the Afeela EV. (Source photos by Nikkei)
Electric vehicles

Sony, Honda to adopt common EV platform, seeking lower costs

Shared development intended to help compete with Chinese rivals

6 July 2024
Toyota Customizing & Development President Kenzo Nishiwaki speaks at a news conference after receiving a cautionary advisory from the Fair Trade Commission on July 5. (Photo by Suzu Takahashi)
Automobiles

Toyota subsidiary warned about Subcontract Act violations

Watchdog says company forced suppliers to store not-in-use tools for free

5 July 2024
Spanish economy minister Carlos Cuerpo tells Nikkei Asia on July 4 that his country will not engage in a 'trade war' with China. Cuerpo is in Tokyo to launch a Japan-Spain business forum. (Photo by Satoko Kawasaki)
Interview

EU must not be 'naive' in China EV talks, Spain economy minister says

Bloc should protect domestic industries and 'be a bit more self-centered'

5 July 2024
The secondary offering of Honda shares could reach around 500 billion yen. (Photo by Yuki Nakao)
Equities

Japanese insurers, banks to unload $3bn in Honda shares

Four casualty insurers to sell off entire stakes in push to reduce cross-holdings

5 July 2024
A BYD car imported to Germany. The Chinese electric vehicle maker faces the lowest additional import duties of 17.4%, because it cooperated with Europe's investigation.
Trade war

EU presses ahead with Chinese EV tariffs as talks continue

Divided Europe still needs unity in approach while China's carmakers ponder moves

4 July 2024
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#techAsia

BYD comes to Thailand and China stakes its rare earths claims

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

4 July 2024
A Honda affiliate factory in China. Japanese automakers have fallen behind in EVs.
Electric vehicles

Nissan and Honda weigh tie-up on software and EV charging

Japanese automakers aim to better compete in next-generation vehicles

4 July 2024
Indonesia's President Joko Widodo inspects the country's first battery cell production plant for EVs in Karawang on July 3. (Photo by Indonesia's presidential office)
Technology

Indonesia's first battery plant opens in major step for EV ambitions

LG Energy-Hyundai Motor venture can supply key part to 150,000 cars per year

3 July 2024
BYD's Atto 3 is displayed during the Thailand Big Motor Sale 2023 in Bangkok. (Photo by Hiroki Endo)
Electric vehicles

BYD to open Thai factory as new EU tariffs on China EVs kick in

Local industry fears influx of Chinese imports barred from Europe

3 July 2024
Tesla's new Model 3 sedan is displayed next to a Model X SUV at the China International Fair for Trade in Services in Beijing last September.
Automobiles

Tesla shares rally as Q2 deliveries fall less than expected

Incentives help EV maker achieve increase from previous quarter

3 July 2024
Xpeng holds a launch event in Cairo this June for two EV models in Egypt. (Xpeng)
Electric cars in China

China EV makers Neta, Xpeng turn to Africa amid European backlash

Emerging markets gain shine as Europe preps higher tariffs on China-built models

3 July 2024
Geely Automobile Holdings has upgraded its 2024 export target to 380,000 units from 300,000, despite new European Union tariffs set to affect the company.
Automobiles

Geely raises annual export target on eve of European punitive tariffs

Chinese automaker stresses 'limited' impact while feeling pinch in premium EV brand

3 July 2024
Broken glass and debris lie at the scene of the car accident that caused multiple deaths and injuries in central Seoul on July 1.
Society

Nine dead in Seoul after car drives into crowd near city hall

Vehicle rams into pedestrians on crosswalk after hitting two other cars

2 July 2024
A Lexus plant in Kyushu, Japan. Toyota is one of the automakers hit by an inspection scandal. (Photo by Toshiki Sasazu)
Economy

Japan industrial production disrupted by Daihatsu, Toyota woes

Stoppages in auto industry continue to weigh heavily on economy, data shows

29 June 2024