Tajikistan Boosting EV Imports, Planning Domestic Production
Tajikistan is boosting imports of electric vehicles and planning domestic production together with Chinese partners, the Tajik Transport Ministry said. “According to the government’s Customs Service, Tajikistan imported 3,316 electric vehicles worth $59 million in 2023. As many as 5,266…
Isuzu, Sojitz to Join Japan’s ASEAN Chip, EV Supply Chain Push
Fifteen Japanese companies including Isuzu Motors and trading house Sojitz will receive government funding to create supply chains in Southeast Asia, Nikkei has learned, part of an initiative with investments estimated at 100 billion yen ($679 million). Japan’s Ministry of…
Electric Vehicles, Hybrids form 50% of China’s Vehicle Sales
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world’s biggest auto market has leapt ahead of Western counterparts in…
Geely Launches Galaxy E5 all-electric SUV with Starting Price of $15,750
Geely Auto Group has launched a new model in the Galaxy lineup, the E5, a compact SUV (sport utility vehicle) that will also be available in overseas markets. Geely rolled out the Galaxy E5, an all-electric SUV with a starting…
Electric Motor Parts Maker EuroGroup Laminations Enters India, signs JV in China
Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China. Milan-based EuroGroup Laminations (EGLA) –…
Uber Partners with BYD to put its Drivers into 100,000 EVs
Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US. Under the multiyear partnership, the two companies…
China’s Suffering EV Insurers
In China it costs about the same to insure an EV as it does to insure an ICE auto that is twice as expensive, reports the Nikkei.This reflects the fact that EV owners are about twice as likely to file…
Hutchinson Develops Acoustic Encapsulation Product for EVs
Hutchinson has introduced a noise, vibration, and harshness (NVH) encapsulation product designed to address the acoustic challenges of electric vehicles (EVs). In a press release, the company said the product is set to equip thousands of electric and hybrid vehicles…
Volkswagen and Xpeng Deepen Software Collaboration Across EVs in China
Xpeng will deepen its cooperation with German automaker Volkswagen AG, with the two pledging to develop a new electrical and electronic solution for all battery-powered cars made in China under the VW brand. The Chinese electric vehicle maker said on…
BYD Launches Yuan PLUS BEV Model in Senegal
BYD recently held a grand brand launch event in Dakar, the capital of Senegal, marking the official introduction of its battery electric vehicle, the Yuan PLUS (known as the BYD ATTO 3 outside of China), to the Senegalese market, according…
