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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.

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