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Honda
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NEWS
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The Japanese auto giant plans to roll out the Ye models by 2027, as it looks to catch its rivals in the world’s biggest electric car market
Apr.17 2024 18:04 PM
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Japanese carmakers to collaborate on core technology for battery-based electric cars to catch up with Chinese rivals
Mar.16 2024 03:22 AM
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Japanese brands have struggled in the Chinese new-energy vehicle market, as domestic brands have grabbed a 30% share
Mar.13 2024 16:14 PM
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  • Chinese electric vehicle (EV) manufacturers are increasingly penetrating the Thai market, which has become the top overseas market for China's EV sales. In the first three quarters of the year, China exported 117,000 new energy vehicles to Thailand, nearly doubling year-on-year and accounting for almost 10% of total exports. The surge in Thailand's EV market began in 2022 due to rising fuel prices and favorable government policies like "EV3.0" that promote imports and local consumption with tax incentives.
  • Several Chinese automakers have signed up for Thailand's "EV3.0" policy and plan to establish local manufacturing by 2024 at the latest. BYD, NETA Auto, SAIC Motor CP (a joint venture between SAIC Group and Thailand’s Charoen Pokphand Group), Great Wall Motors, Changan Automobile, GAC Aion, and Chery Automobile are among those expanding their presence in Thailand. These companies aim to serve not only the Thai market but also the broader ASEAN region and other right-hand drive markets such as Australia and New Zealand.
  • The Thai government is encouraging foreign automakers to set up local EV production capacities through policies like "EV3.5," which will be implemented from 2024 to 2027. This move aims to transform Thailand into a regional hub for electric vehicle production while maintaining its role as the "Detroit of the East." However, there are concerns about potential oversupply and price wars as more players enter an already competitive market.
Dec.2 2023 11:55 AM
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Dongfeng Motor hopes the cuts in its home province will put it back on a growth track, after sales fell 11% last year
Mar.8 2023 20:34 PM
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EV-making partners Dongfeng Motor and Guangzhou Automotive will be co-owners as the Japanese auto giant organizes its global battery supplies
Sep.8 2022 03:52 AM
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Suspension was supposed to end Aug. 25, but Chongqing authorities ordered that factories remain shut down to curb electricity use
Aug.26 2022 03:17 AM
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The actions by Japan’s top automakers add more weight to what is shaping up as an international boycott of the world’s No. 11 economy
Mar.3 2022 16:55 PM
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Honda plans Wuhan electric-car plant, new AI specialist turns unicorn
Jan.7 2022 20:16 PM
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The Japanese automaker is doubling down on the world’s biggest car market, following through with its CEO pledge to ditch the combustion engine globally by 2040
Oct.14 2021 16:21 PM
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Infection surges in Southeast Asia raise concerns about disruptions in global supply chains
Jun.1 2021 13:35 PM
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Automaker to dispatch engineers from Japan as it goes all-in on electric vehicles
Nov.11 2020 13:59 PM
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Car rating agency claims ‘theft’ after video and results showing GAC Honda Breeze SUV won second-highest safety ranking despite severe damage
Jun.23 2020 21:27 PM
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Nissan and Mazda also scale back as coronavirus disrupts supply
Mar.3 2020 13:22 PM
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It will be a ‘traumatic next few months’ as outbreak sends ripples through the global auto industry; a parts maker closes its Munich headquarters
Feb.1 2020 04:49 AM
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Japanese brands boosted sales 4.3% in the first 10 months of the year, outpacing U.S., European, South Korean and Chinese rivals
Nov.29 2019 13:50 PM
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Fu Shoujie, who headed Guangzhou Vanlead and held positions in Guangzhou Automobile Group, sentenced to seven-and-a-half years in prison for taking $1.51 million in bribes
Aug.23 2019 20:18 PM
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The world’s biggest auto market has long had a copyright problem, but a landmark case may help change that
Jun.24 2019 19:29 PM
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As Beijing judiciary doesn’t make ruling in copyright case, both sides indicate willingness to settle out of court
Jun.21 2019 19:37 PM