Asia

VW May Buy Large Stake in Chinese EV Partner

April 10, 2019 at 11:32 AM

Volkswagen AG is mulling a plan to buy a major stake in Chinese electric-car maker Anhui Jianghuai Automobile Group, sources tell Bloomberg News.

SK Innovation Seeks Battery Ventures with VW, Chinese Partners

April 10, 2019 at 2:38 AM

South Korea’s SK Innovation is in talks with Volkswagen and unnamed Chinese partners to set up ventures to make batteries for electric cars, Reuters reports.

China’s GAC Ready to Export Cars to Russia

April 10, 2019 at 12:20 AM

Guangzhou Automobile Group Co. expects to begin shipping its GS8 SUV/crossover vehicle to Russia later this year.

Ghosn Video Blasts “Backstabbing” Nissan Executives

April 09, 2019 at 4:00 PM

Former Nissan Motor Co. Chairman Carlos Ghosn issued a video statement today decrying “backstabbing” executives at the company for conspiring to oust him.

Construction Begins on Plant to Make Lotus Cars in China

April 09, 2019 at 3:41 PM

Zhejiang Geely Holding Group Co. has begun erecting a factory in central China to make high-end Lotus cars for the local market.

Thailand Ponders Curbs on Easy Auto Loans

April 09, 2019 at 1:20 AM

Thailand’s central bank may decide by June whether to tighten lending rules for auto loans to  control spiraling household debt levels.

Chinese Startup Plans Long-Range EV

April 08, 2019 at 12:57 PM

Bordrin Motor Corp., a three-year-old Chinese startup company, is developing an all-electric crossover vehicle with a targeted driving range of 550 km (342 miles).

VW Combines Operations in India

April 08, 2019 at 11:17 AM

Volkswagen AG has integrated its three business operations in India into a single entity called Volkswagen Group India.

Ricardo, Geely Team on Gearbox for Extended-Range Hybrids

April 08, 2019 at 9:44 AM

Ricardo plc says it is developing a transmission that China’s Zhejiang Geely Holding Group will use in extended-range plug-in hybrid vehicles.

Report: Hyundai, Tencent Partner on Software for Autonomy

April 08, 2019 at 1:44 AM

Hyundai Motor Co. and China’s Tencent Holdings Ltd. have tentatively agreed to co-develop software for self-driving vehicles, sources tell South Korea’s Maeil business daily.

Akebono Brake May Close Two U.S. Factories

April 05, 2019 at 4:33 PM

Japanese supplier Akebono Brake Industry Co. could close two of its four brake component factories in the U.S. to offset a slump in orders, The Nikkei says.

Denso to Invest $1.6 Billion in Electrified Products

April 05, 2019 at 11:24 AM

Denso Corp. plans to invest 180 billion yen ($1.6 billion) over the next three years to support the development and production of components and technologies for electrified vehicles.