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#techAsia

India's iPhone hopes and South Korea's EV concerns

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

29 August 2024
A BYD car on display at an auto show in Bangkok: The Chinese EV manufacturer's gross margin fell to 18.69% in April to June from 21.88% the previous quarter. (Photo by Hiroki Endo)
Electric vehicles

China EV makers' profitability mixed amid price war, trade barriers

Manufacturers look to local partnerships and cost cutting to overcome duties

29 August 2024
Grab is planning to introduce BYD's M6 for its ride-hailing service in Indonesia. (Grab)
Electric vehicles

Grab adds 1,000 EVs, mainly BYD cars, to Indonesia fleet

Chinese automaker raising profile through popular ride-hailing app

29 August 2024
SUVs account for 99% of Mahindra's passenger vehicle sales.
Interview

India's Mahindra plans $1.4bn EV buildup, CEO says, as it chases Tata

EVs to make up 20% to 30% of Mahindra's sales volume, Anish Shah says

28 August 2024
South Korea's Samsung SDI and U.S. automaker GM will build an EV battery plant in the U.S. state of Indiana with an initial production capacity of of 27 gigawatt-hours.
Business deals

Samsung SDI, GM ink deal to build $3.5bn EV battery plant in U.S.

Factory to start mass production in 2027, will have capacity 'up to 36 GWh'

28 August 2024
Republican vice presidential nominee Sen. JD Vance arrives at a campaign event in Big Rapids, Michigan, on Aug. 27.
U.S. elections 2024

JD Vance slams Democrats for allowing Chinese battery plant in Michigan

Gotion's $2.4bn investment targets IRA subsidies, vice presidential candidate says

28 August 2024
BMW's iX5 Hydrogen fuel cell vehicle. The German carmaker and Toyota are deepening a partnership to manufacture more affordable fuel cell vehicles amid slowed growth among electric vehicle models. (Photo by Yuki Nakao)
Automobiles

Toyota and BMW to form alliance in fuel cell vehicle manufacturing

German auto giant aims to start mass production in a few years

27 August 2024
Officials on Aug. 8 examine an electric car that caught fire in the underground parking lot of an apartment complex in Incheon, South Korea, a week earlier.
Electric vehicles

Battery fire in Incheon risks cooling South Korea's EV fever

Tough regulations expected as authorities strengthen safety measures

27 August 2024
Canadian Prime Minister Justin Trudeau.
Automobiles

Canada to impose 100% tariff on Chinese EVs, following U.S. lead

Trudeau says Beijing 'is not playing by same rules'; China calls move 'protectionist'

27 August 2024
Isuzu plans to use the trucks to transport cargo between logistics warehouses. (Photo by Hirotake Kitagawa)
Automobiles

Isuzu to develop self-driving trucks with U.S. startup

Japanese automaker hopes to put fully autonomous vehicles on road by fiscal 2027

27 August 2024
The Suzuki Motor team competes in the Suzuka 8 Hours endurance race. (Photo by Toshihide Takeda)
Automobiles

Suzuki gets back into motorcycle racing with a green mission

Team using sustainable fuel and parts overcomes bumpy ride

25 August 2024
BYD is challenging top automakers with affordable electric vehicles, like the Seal sedan. (Photo by Yuki Nakao)
Automobiles

China's BYD beats Honda and Nissan in April-June vehicles sold

Leading EV maker shakes up auto industry rankings with affordable price tags

23 August 2024
Malaysian automaker Proton launched the redesigned X70 SUV on Aug. 15. (Proton)
Automobiles

Malaysia's Proton deepens ties with China's Geely ahead of EV debut

Long-struggling automaker aims for growth under Chinese shareholder

22 August 2024
The Lexus LF-ZC, an EV set to be released in 2026, will use gigacasting for parts. (Photo by Yuki Nakao)
Electric vehicles

Toyota to test Tesla-style EV gigacasting machine at Japan plant

Automaker taps cutting-edge production process in bid to lower costs

21 August 2024
Cars are lined up at a Toyota Motor assembly plant in the Japanese city of Miyawaka. A vehicle's software can span over 200 million lines of code. (Photo by Toshiki Sasazu)
Cybersecurity

Toyota, Hitachi join Japan's automotive cybersecurity push

Over 100 companies eye rules on software inventories to deter attacks

21 August 2024
Tesla Model 3 vehicles at its factory in Shanghai, China.
Electric vehicles

EU slashes planned tariff on Tesla's China-made EVs to 9%

New reduced rate is set lower than the 20.8% it had indicated in July

20 August 2024
South Korean and Mercedes-Benz officials conduct a joint examination on Aug. 8 of an electric car that caught fire at apartment complex in Incheon, South Korea.
Electric vehicles

Mercedes-Benz under pressure following South Korea EV blaze

Details of fire under investigation as residents call on company to make payout

20 August 2024
In May, China Southern Airlines opened direct flights from Shenzhen to Mexico City, the company’s longest passenger route.
Transportation

China-Mexico flights reopen amid manufacturers' Latin American push

BYD's plans for new plant in the country could further boost air travel demand

20 August 2024
Toyota's net profit for April-June increased 2% year-on-year despite the market forecasting a 7% decline.
Business trends

70% of Japan companies beat market profit forecasts for April-June

Toyota, Hitachi and others lifted by weak yen and foreign demand

17 August 2024
German automaker BMW and its China joint venture will recall a combined 1.36 million locally produced and imported cars.
Automobiles

BMW, China venture to recall 1.36m cars due to airbags, regulator says

Order over potential risks from Takata airbags affects 2003-2017 models

16 August 2024
Pilbara Minerals is looking to diversify its portfolio with the acquisition of Latin Resources and its Brazilian lithium project. (Photo from Pilbara Minerals website)
Commodities

Australia's Pilbara Minerals makes $370m bid for Brazil lithium project

Lithium miner moves to diversify outside home market with eye on serving U.S. and EU

15 August 2024
Flags of ASEAN member nations are seen. Japan aims to counter Chinese influence in the region.
Supply Chain

Isuzu, Sojitz to join Japan's ASEAN chip, EV supply chain push

15 companies to receive subsidies to build operations in Philippines, Vietnam, Thailand

15 August 2024
U.S. President Joe Biden, third from left, visits the site of a planned Taiwan Semiconductor Manufacturing Co. plant in Arizona in 2022.
Semiconductors

U.S. chip, EV industries struggle to take off despite huge subsidies

2 years after CHIPS Act and IRA, investments lag and supply chains remain China-reliant

15 August 2024
The Mount Holland lithium mine in Southern Cross, Western Australia: Some producers of the key ingredient in EV batteries are scaling back production as others push ahead.
Commodities

As lithium slump drags on, some Australian miners look to grow

Operators push through gloom to position for long-term demand forecasts

14 August 2024