Asia

China’s Economic Growth Slows Further

October 18, 2019 at 1:42 AM

China says its gross domestic product expanded by 6% in the third quarter, the slowest pace since the current measure of GDP was adopted 27 years ago.

Toyota Readies Tiny EV and Scooters

October 17, 2019 at 2:33 PM

Toyota Motor Corp. plans to launch a tiny electric city car late next year in Japan.  

Tesla Gets Production License in China

October 17, 2019 at 10:38 AM

Tesla Inc. has been awarded the government certificate it needs to launch production at the electric-car factory it is erecting in Shanghai, Reuters reports.

Tata Would Consider a Partner for JLR Unit

October 17, 2019 at 1:44 AM

The head of the Indian conglomerate that owns Jaguar Land Rover Ltd. tells Bloomberg News that he won’t sell the unit but is will to consider partnering the business with another carmaker.

Typhoon Idles Subaru Plants in Japan

October 17, 2019 at 12:23 AM

Subaru Inc. says it has suspended vehicle production in Japan for a week because some of its suppliers were flooded by Typhoon Hagibis on Oct. 12.

China Surges Ahead on EV Charging Points

October 16, 2019 at 11:29 AM

China has installed 466,000 charging points for electric vehicles, nearly eight times as many as the number of units operating in the U.S.

S. Korea to Prep Highways for Robotic Cars

October 16, 2019 at 12:02 AM

The South Korean government says it will upgrade the country’s 3,400 miles of major highways for use by autonomous vehicles by 2024.

Toyota/Lexus to Launch 3 EVs by 2021

October 15, 2019 at 2:13 PM

Toyota Motor Corp. says it will launch three electric vehicles between its namesake and Lexus brands within the next two years.

Hyundai to Invest $35 Billion on Advanced Mobility

October 15, 2019 at 7:34 AM

Hyundai Motor Group plans to invest 41 trillion won ($34.6 billion) over the next six years to develop next-generation mobility technologies and services.

September Car Sales Fell 5% in China

October 15, 2019 at 12:40 AM

Passenger car wholesales in China slid 5% to 2.27 million units last month, according to the China Assn. of Automobile Manufacturers.

EV, Hybrid Sales in China Plummet 32%

October 14, 2019 at 2:26 PM

Retail sales of electrified passenger vehicles in China in the first eight months of 2019 plunged by one-third to 793,000 units.

Faraday Founder Jia Files for Bankruptcy in U.S.

October 14, 2019 at 1:53 PM

Jia Yueting, the Chinese internet tycoon who co-founded California-based electric car startup Faraday Future Inc., has filed for Chapter 11 bankruptcy in the U.S.