Hyundai Motor said on Wednesday it is preparing to invest a total of 21 trillion won ($16.54 billion) through 2030 for expanding its electric vehicle (EV) business in South Korea.
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Toyota Motor presented its first mass-produced battery-electric car bZ4X in Japan on Thursday for lease only. This is a part of the strategy as the automaker says will help ease
Toyota Motor said on Tuesday it would temporarily halt operations on 14 lines at eight domestic plants for up to 6 days in May because of the COVID lockdown in
Geely Automobile will acquire just over a third of Renault’s Korea unit for approximately $200 million, potentially helping it increase U.S. exports, and freeing up funds for the French automaker
Nissan Motor will invest over $700 million in Mexico during the next three years to increase its operations in the country, the automaker said on Wednesday. The investment will enhance
Nissan Motor put an end to the production of its Datsun brand vehicles for emerging markets due to poor sales, a source knowledgeable about the matter said last week. The
Toyota Motor signed an agreement in Thailand to gain tax incentives and a subsidy for its battery electric vehicles (BEVs) from the Excise Department on Friday. This comes as part
Toyota Motor on Wednesday posted record-high global production in March, as the production outside Japan helped overcome the decline at home. The automaker produced 866,775 vehicles globally in March it
Honda Motor prepares to build millions of electric vehicles (EV) by 2030 utilizing three new dedicated platforms, with one to be developed along with U.S. partner General Motors, a top
Honda Motor is preparing to slash production by about 50% on two lines of one of its Japanese factories in early May because of ongoing chip shortages and COVID-19 lockdowns,
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