Indonesia Races to Become Southeast Asia’s EV Hub
JAKARTA – Indonesia is fast emerging as a key player in the electric vehicle (EV) market, thanks to its strategic investments and ambitious plans to become a regional hub for sustainable mobility. In a significant boost to its EV ambitions, … Continue reading Indonesia Races to Become Southeast Asia’s EV Hub
MYANMAR: TOYOTA POSTPONES PLANT OPENING
BANGKOK — Toyota Motor has decided to postpone the opening of a new plant in Myanmar amid heightened political uncertainty following the Feb. 1 coup, Nikkei Asia has learned. The plant was scheduled to open this month. As a showdown … Continue reading MYANMAR: TOYOTA POSTPONES PLANT OPENING
Toyota, Honda: Bright outlook on Chinese market
TOKYO – Japan’s two biggest car manufacturers, Toyota Motor and Honda Motor more than doubled their operating profit forecasts, helped by recovering demand in China as it rebounds from the coronavirus pandemic. While China’s trade friction and worsening ties with the … Continue reading Toyota, Honda: Bright outlook on Chinese market
Automakers concerned about parts shortage
Tokyo – The global auto industry has begun feeling the impact of the coronavirus outbreak as factory shutdowns in China threaten a vital source of parts. As product quality improved in China, Toyota, Honda and Nissan have increased their use of … Continue reading Automakers concerned about parts shortage
Brexit: Toyota plans to pause production
London/Tokyo – Toyota Motor will stop building cars in the U.K. for a few days after Brexit in case of snags from a no-deal breakup. A plant in central England will suspend production the day after the Oct. 31 divorce … Continue reading Brexit: Toyota plans to pause production
Japan: Fuel-cell technology for Chinese automakers
Beijing – Toyota Motor Corp will supply key hydrogen fuel-cell parts to Chinese automakers FAW and Higer Bus, as the Japanese automaker tries to promote the technology it continues to view as superior to rapidly spreading battery-powered vehicles. Toyota is … Continue reading Japan: Fuel-cell technology for Chinese automakers