Asia

Japanese Group Moves Ahead with Solid-State-Battery Project

June 18, 2018 at 10:32 AM

Japan’s New Energy and Industrial Technology Development Organization has launched the second phase of a 10-billion yen ($90 million) program to develop solid-state lithium-ion batteries for next-generation electric vehicles.

Magna Partners with BAIC to Make EVs in China

June 18, 2018 at 9:35 AM

Canada’s Magna International Inc. has formed two joint ventures with Beijing Electric Vehicle Co. (BJEV) to build electric cars in China, starting in 2020.

Toyota Teases Hybrid “Super Sports Car”

June 15, 2018 at 2:59 PM

Toyota Motor Corp. has begun developing an all-new “super sports car” with a high-output hybrid-electric powertrain.

U.S. Tariff on Cars Could Stall Market Entry by China’s GAC

June 14, 2018 at 1:53 PM

China’s Guangzhou Automobile Group Co. Ltd. says a threatened 25% tax on vehicles imported to the U.S. could delay its plan to enter the American market by the end of 2019.

Aptiv Buys South Korean Connector Supplier

June 14, 2018 at 7:25 AM

Troy, Mich.-based Aptiv plc says it has completed its $500 million acquisition of KUM Co., a South Korean supplier of electrical connectors and cable systems.

Toyota Invests $1 Billion in Singapore’s Grab Ride-Hailing Service

June 13, 2018 at 2:00 AM

Toyota Motor Corp. has agreed to invest $1 billion in GrabTaxi Holdings, southeast Asia’s largest ride-hailing and ride-sharing service, at the end of June.

Mitsubishi Targets "Super" Growth for All-Wheel Drive

June 12, 2018 at 10:24 AM

Mitsubishi Motors Corp. expect demand for its all-wheel-drive models will climb from 42% of sales today to 60% a decade from now.

Miata Gets Power Boost, Other Upgrades

June 12, 2018 at 7:40 AM

Mazda Motor Corp. is giving its MX-5 Miata coupe a mid-cycle upgrade that includes a revised engine and other enhancements.

Jaguar Launches Electric Crossover in China

June 12, 2018 at 12:30 AM

Jaguar Land Rover Automotive plc says it will begin selling its Jaguar I-Pace all-electric crossover vehicle in China in the fourth quarter of 2018.

Byton Lands $500 Million in Funding

June 11, 2018 at 5:20 PM

China’s Future Mobility Corp. has raised $500 million in its latest funding round to further develop and launch its Byton-badged line of electric vehicles.

Wholesales in China Climb 8%

June 11, 2018 at 2:29 PM

Factory sales of new light-duty vehicles in China climbed 8% to 1.85 million units in May, according to the China Assn. of Automobile Manufacturers.

Hyundai’s Performance Unit Plans More Models, Customized Parts

June 08, 2018 at 11:25 AM

Hyundai Motor Co.’s new “N” performance division is launching a line of customized parts and a new trim line.