Asia

SAIC Opens Export-Focused Factory in China

October 01, 2019 at 2:47 PM

SAIC Motor Corp. has launched production at its fourth assembly plant—a facility in Ningde, China—with capacity to make 240,000 vehicles per year.

Nissan Unveils Tiny EV Concept

October 01, 2019 at 1:14 PM

Nissan Motor Co. has unveiled the IMk concept electric city car, which the company says previews its advanced technologies and future design language.

Hyundai Mobis Touts Redundant Braking System

October 01, 2019 at 12:20 PM

South Korea’s Hyundai Mobis Co. says it has developed a redundant brake system for use in future fully autonomous vehicles.

Ford Confirms Indian JV with Mahindra

October 01, 2019 at 11:04 AM

Ford Motor Co. confirms it is forming a joint venture with Mahindra & Mahindra Ltd. to take over the American company’s carmaking operations in India.

Japan Raises Consumption Tax to 10%

October 01, 2019 at 12:58 AM

Today Japan boosted its general consumption tax rate to 10% from 8% to help pay for government welfare programs for the country’s aging population.

China’s Baidu Begins Robo-Taxi Tests

September 30, 2019 at 2:17 PM

Baidu Inc. has begun testing a fleet of robo-taxis with consumers on public streets in Changsha.

Hyundai Forms Air Mobility Team

September 30, 2019 at 1:13 PM

Hyundai Motor Co. has formed an Urban Air Mobility division that will be headed by former NASA engineer Jaiwon Shin.

Bosch Invests in Chinese Autonomous Truck Startup

September 30, 2019 at 10:40 AM

Robert Bosch GmbH’s venture capital unit has made an unspecified investment in Beijing-based Trunk Technologies Ltd., a Chinese startup that specializes in autonomous driving and remote-control technologies for commercial trucks.

Nissan: Trade Woes Won’t Deter S. Korean Unit

September 30, 2019 at 2:35 AM

Nissan Motor Co. says it will maintain its presence in South Korea in spite of a sharp drop in sales triggered by strained trade relations between Korea and Japan.

Tesla Assembles Its First EV in China

September 27, 2019 at 2:51 PM

Tesla Inc.’s new assembly plant in Shanghai has produced its first Model 3 electric sedan body, the Shanghai Daily reports.

Hyundai, Cummins Partner on Fuel Cells

September 27, 2019 at 10:01 AM

Hyundai Motor Co. and Cummins Inc. have signed a memorandum of understanding to evaluate opportunities to jointly develop and commercialize fuel cell powertrains.

UPDATE: Toyota Hikes Its Stake in Subaru

September 27, 2019 at 1:35 AM

Toyota Motor Corp. is raising its stake in Subaru Corp. above 20% and will post a share of Subaru profits in its own financial reports.