Toyota's electrification fate remains a mystery, nearly 30 years of hybrid technology could become a mere shadow
Five days after the opening of the Motor EXPO 2024, 13,801 car orders were placed at the site. This is an impressive figure against the backdrop of Thailand's car sales having fallen for over 17 consecutive months, but it is not enough to save the domestic car market.Facing the grim situation of the auto market, Noriaki Yamashita, the person in charge of Toyota Thailand, appealed to the government in an interview with reporters, hoping that the government could increase support for electrified v
JohnDec 11, 2024
Laying off about 50,000 people, the struggle under the sentiment of fuel vehicles: the dilemma of electrification in the European auto industry
From the era of fuel to the era of electricity, the hundred-year transformation of the European automobile industry, the European automobile industry once led the development of the global automobile industry. But why is the European automobile industry struggling under the wave of electrification? The European automobile industry was once a global leader, but now it faces severe challenges. Why is the transition from fuel cars to electric cars slow for European car companies? High energy costs,
JohnDec 11, 2024
Nissan is laying off 9000 employees globally, reducing its capacity in Southeast Asia, with its factory in Thailand being the hardest hit!
Recently, an insider revealed that Nissan will cut or transfer about 1,000 jobs in Thailand to reduce production in Southeast Asia, which is part of its recently announced global layoff plan. Nissan plans to partially stop production at its Thailand Plant 1 (one of the country's two automotive assembly plants) before September next year and merge its business into Plant 2.The two plants are located in the suburb of Bangkok, Samut Prakan Province, Thailand. The first plant has a maximum capacity
MichaelNov 22, 2024
Is there a rumor that Neta owes its employees wages in China? Can Neta X still be purchased?
Many people choose a compact SUV for daily transportation, such as Toyota Yaris Cross, Toyota Corolla Cross. Small SUVs not only provide a unique charm when driving in the city, but are also very fuel-efficient.Today, electric cars such as NETA X have become a popular choice for many city commuters, as they do not consume gasoline. NETA X is priced lower than the hybrids Yaris Cross, Corolla Cross and offers more powerful performance, making it even more nimble in urban settings.While NETA X is
WilliamNov 21, 2024
BYD marks another milestone: The 10 millionth electric car rolls off the production line, the model is Denza Z9!
On November 18th, the 10 millionth electrified vehicle of BYD came off the production line at the Shenshan factory in China, marking the thirtieth anniversary of BYD's foundation. The 10 millionth new energy vehicle is the Denza Z9. Feng Ji, the founder and CEO of Game Science and the producer of "Black Myth: Wukong," became the first owner of the Denza Z9 and also the owner of the 10 millionth electrified vehicle of BYD. It's worth mentioning that it's been less than two months since the 9 mil
Kevin WongNov 18, 2024
Lexus RX dominates the luxury car market in Malaysia, with BMW and Mercedes-Benz close behind!
Recently, the Malaysian Road Transport Bureau (MAA) announced vehicle registration data, which can be used to view the best-selling cars in Malaysia as of October 2024. The best-selling high-end model is the Japanese Lexus RX, with a registration volume of 3,591 units, far ahead of the second place BMW 3 Series. Of the top ten models in this statistic, two models are from BMW, two models are from Lexus, five models are from Mercedes-Benz, and one model is from Porsche.It is reported that the Lex
WilliamNov 15, 2024
Global electric car sales are soaring, with China's market leading the way!
Data from market research company Rho Motion shows that in October this year, global sales of pure electric and plug-in hybrid vehicles increased by 35% year-on-year, with the Chinese market particularly impressive, with sales surging by 54%.Although the growth rate in the European market in October was only 0.8%, it has achieved year-on-year growth for two consecutive months. Data Manager Charles Lester said that the European electric vehicle market is expected to see stronger growth before the
MichaelNov 14, 2024
Nissan lays off 9,000 employees, profit halved, where is the auto giant headed?
Nissan is in trouble, announcing massive layoffs and cutbacks, and the Japanese auto giant significantly lowered its annual profit forecast on Thursday, reducing its 2024 fiscal year revenue guide from 500 billion yen to 150 billion yen, far below market expectations. In response to the continuous decline in sales in major markets, Nissan has decided to take a series of aggressive measures: laying off 9,000 people worldwide, cut production by 20%, and sell some shares of Mitsubishi Motors. These
RobertNov 8, 2024
Toyota's profit declines for the first time in recent two years, global car market cools down!
According to the financial report released by Toyota on Wednesday, the company saw of its first quarter profit decline in two years, indicating the recent continuous rise in the performance of this Japanese auto giant has encountered obstacles. Specifically, Toyota's operating profit for the quarter ended September was 1.16 trillion yen (about $7.81 billion), a year-on-year decrease of 20% to 1.4 trillion yen, which is roughly in line with the average expected by nine analysts surveyed by LSEG.
JohnNov 7, 2024
The EU imposes high tariffs on Chinese electric cars, escalating trade friction between China and Europe!
The European Commission announces that a high tariff of up to 35.3% on electric vehicles made in China, a decision that will undoubtedly exacerbate trade friction between China and Europe. This move aims to protect the domestic auto industry in Europe, dealing with the intense competition from Chinese electric vehicles. This move by the European Union has provoked strong dissatisfaction in Beijing. It is reported that China has taken countermeasures, instructing Chinese car manufacturers to
LienNov 1, 2024
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