Automotive DECODED
Latest edition: 17 May 2024
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Spotlight
Leapmotor readies for global expansion
Despite trade tensions surrounding Chinese vehicles, Stellantis and Leapmotor’s JV is preparing to go global – starting with Europe
Latest news
Honda still big on EVs
Honda had not changed its belief EVs "are the most effective solution in the area of small mobility products such as motorcycles and automobiles", director, president and representative executive officer (global CEO) Toshihiro Mibe said at a business briefing.
Xpeng criticises planned US China car tariffs
Pushback from China highlights emerging trade tensions on automotive trade
ASEAN LV market continues to decline in Q1 2024
ASEAN light vehicle sales decreased by 11% year-on-year in Q1 2024, according to figures released by GlobalData
Nissan to transition to low-CO₂ emission aluminium by 2030
Nissan aims to achieve carbon neutrality in the entire lifecycle of its vehicles by 2050
Loss making Nio launches cheaper brand
Nio reportedly launched a more affordable electric car brand in China in a bid to gain a firmer foothold in the world’s most competitive market as Tesla momentum slipped.
VW supplier replaces CEO
Umicore, the Belgium based major supplier to Volkswagen, reportedly had replaced its chief executive and would reassess spending plans for its battery materials business due to the industrywide slowdown in electric vehicle demand.
Honda and IBM to co-develop SDV computing
Honda Motor announced it had this week signed a preliminary agreement with IBM Corporation to collaborate on the development of next generation computing technology which, it said, would be needed to “overcome challenges related to processing capability, power consumption and design complexity for the realisation of the software-defined vehicles (SDV) of the future”.
SK Signet to supply EV chargers to GVR
South Korea’s SK Signet announced it had entered into a strategic alliance with US based Gilbarco Veeder-Root (GVR) to supply electric vehicle (EV) fast charging equipment worldwide.
In our previous edition
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