Tesla Optimus: Car transforming into a robot? Promising future, affordable price?
Tesla Optimus: Car turning into a robot? A promising future with affordable price?On May 5, Tesla released a video about the latest situation of optimus, where the robot is doing simple assembly line work. The video has sparked controversy among netizens.
AshleyMay 10, 2024
Demand for pure electric vehicles declines, hybrid cars are popular: BYD is ready to take off in Thailand
Pure electric demand drops, hybrid cars popular: BYD Thailand is ready to launchThe sales report for new cars in Thailand in March 2024 shows a year-on-year decline in the sales of pure internal combustion engine and electric cars, while the sales of hybrid cars are on the rise.
AshleyMay 9, 2024
ZEEKR will officially be listed on the NYSE on May 10th
It is understood that ZEEKR will officially list on the NYSE under the code "ZK" on May 10, and the company has received nearly five times the oversubscription and ended the subscription one day ahead of schedule. According to the plan, ZEEKR will issue 17.5 million shares of ADS in this IPO, with a price range of 18-21 US dollars per ADS.Reportedly, ZEEKR received multiple times more orders in less than three days. On one hand, this is the first large-scale Chinese concept stock IPO in U.S.
Kevin WongMay 9, 2024
CARS24 Exits Thailand: Due to Economic Cycle Instability and the Impact of Electric Cars
CARS24 exits Thailand: Due to economic cycle turbulence and the impact of electrified vehiclesApril 25, 2024, CARS24 announced the closure of all branches nationwide, indicating that it is for returning to the main strategic focus of the company, but it will continue to sell existing cars in Thailand until the stock is used up.
AshleyMay 9, 2024
Honda's sales in China plunged 40% in April, less than a quarter of BYD
Honda has two joint ventures in China, one is GAC Honda, and the other is Dongfeng Honda, each selling different models.On May 8, Honda China released its latest sales report, showing that by April 2024, Honda China's terminal car sales were 73,831 units, a year-on-year decline of 22.18%. Among them, GAC Honda was 33,510 units, a year-on-year decline of 44.61%; Dongfeng Honda was 40,321 units, a year-on-year decline of 17.28%.
LienMay 9, 2024
Thailand is building an electric vehicle scrappage management system to support the sustainable development of the industry
Thailand Builds Electric Vehicle Scrapping Management System, Boosting Sustainable Industry Development On May 08, 2024, Thailand Automotive Institute (TAI) has joined hands with Better World Green to develop an Electric Vehicle (EV) scrapping management system, aiming to respond to the Thai government's policy on promoting EV, as well as meeting the growing market demand. Dr. Kriangsak Wongwatcharat from Thailand Automotive Institute (TAI) expressed that the institute is dedicated to managing t
AshleyMay 8, 2024
DEEPAL S07 surpasses BYD, becoming the top-selling pure electric car in Thailand in April
The Thai market recently released the sales data of all-category electric vehicles for April. Noteworthy is that in April, DEEPAL S07 surpassed BYD Dolphin, becoming the champion of pure electric vehicle sales in Thailand for that month. Its monthly sales were 754 units, while Dolphin's monthly sales were 500 units. At the same time, DEEPAL S07 also achieved a month-on-month growth of up to 90.9%. The DEEPAL brand entered the Thai market very late, only officially landing in Thailand in Decembe
Kevin WongMay 8, 2024
Geely leads the globalisation of Chinese cars, Toyota still firmly at the top
Geely leads the globalization of Chinese cars, while Toyota remains at the topThe Chinese auto industry is rising strongly and is reshaping the global automotive market map at an unprecedented speed.
AshleyMay 8, 2024
GAC Group's first overseas CKD factory is completed and put into production in Malaysia
On April 29, GAC Passenger Cars and Glorious Mountains Chen Chang Automobile Co., Ltd. held the completion and mass production ceremony of the Malaysia CKD Factory in the Segambut Factory in Kuala Lumpur, Malaysia. The Segambut Factory is located in Kuala Lumpur, Malaysia, and is a new factory built by GAC and Chen Chang to GAC standards.
Kevin WongMay 7, 2024
Thailand's Car Production Drops 23%: High Household Debt, Weak Economy Suppress Consumption
Thailand's car production drops 23%: Household debt soars, weak economy suppresses consumption On April 25th, 2024, Suraphong Paisitpattanaphong, vice-chairman of FTI, disclosed that Thailand's car production in March 2024 was 138,331 units, a year-on-year decrease of 23.08%, due to weak consumption in the car market. Car sales in Thailand were 46,523 units, a decrease of 41.01% compared with the same period last year.
AshleyMay 7, 2024
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