Asia

Kyocera, BYD Partner on Renewable Energy Storage

June 05, 2019 at 6:12 PM

Japan-based tech giant Kyocera Corp. and the Japanese operations of China’s BYD Co. are co-developing an integrated process to generate and store renewable energy for use in electric vehicles and other applications.

Korea Extends Tax Cut in Bid to Boost Car Sales

June 05, 2019 at 2:18 AM

South Korea is extending a 30% cut in its consumption tax on cars for another six months to bolster sagging auto sales in the country.

China Fines Ford Changan for Violating Anti-Monopoly Laws

June 05, 2019 at 2:00 AM

Ford Motor Co.’s joint venture with Changan Automobile Group has been fined 163 million yuan ($24 million) for violating China’s anti-monopoly law, Reuters reports.

Mahindra to Hike EV Capacity Nearly Fivefold

June 05, 2019 at 12:27 AM

Mahindra & Mahindra Ltd. says it will invest 10 billion rupees ($144 million) over three years to hike its annual capacity to make electric cars to 70,000 units from the current 15,000 vehicles.

Japan Targets 32% Fuel Economy Gain by 2030

June 04, 2019 at 12:16 PM

Japan has announced new standards that will demand a 32% hike in fleet average fuel economy for new cars by fiscal 2030, The Nikkei reports.

Report: China Ponders Plan to Prune EV Industry

June 04, 2019 at 10:55 AM

China reportedly is studying a plan that would drastically trim the ranks of the nearly 500 companies developing or making electric cars in the country.

Compact Kia Crossover Gets Herculean Name

June 04, 2019 at 5:19 AM

Kia Motors Corp. says it will call its upcoming compact crossover the Seltos. The name is derived from Celtos, the son of Hercules in Greek mythology.

Chinese Startup Launches Autonomous Delivery Pod

June 03, 2019 at 8:24 AM

Beijing-based Neolix Technologies Co. has begun making autonomous delivery vans at its facility in Changzhou.

Report: China’s Car Sales Will Be Flat This Year

May 31, 2019 at 1:43 PM

New-car sales in China will total about 28.1 million this year, unchanged from last year’s volume, the China Assn. of Automobile Manufacturers predicts.

Tesla Takes Orders, Cuts Price for China-Built Model 3s

May 31, 2019 at 10:54 AM

Tesla Inc. has begun accepting orders in China for locally built versions of its Model 3 electric sedan.

India Scrappage Scheme Targets Old Commercial Vehicles

May 30, 2019 at 3:28 PM

India is finalizing a plan to hike taxes, registration fees and inspection requirements on commercial vehicles built before 2000 in a bid to improve air quality in cities.

FCA Chairman Asks to Meet with Nissan, Mitsubishi

May 30, 2019 at 2:28 PM

Fiat Chrysler Automobiles Chairman John Elkann reportedly has asked to meet with the CEOs of Nissan and Mitsubishi Motors to discuss the proposed merger between FCA and Renault.