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Chinese state-owned company Changan is striving to enter the list of the world's top ten car manufacturers by 2030. The company aims for global sales between 4 and 5 million vehicles, focusing on electric and hybrid cars.
Geely Auto Indonesia celebrated Kartini Day, highlighting the role of modern women in society by introducing a variety of electric vehicles. This initiative aligns with the company's commitment to meet the growing needs of the Indonesian market.
Chinese company Chery, in collaboration with its subsidiaries OMODA and JAECOO, officially opened a new electric vehicle manufacturing plant in Thailand on April 20. This opening marks a significant step in expanding the company's presence in global markets and reflects the growing trend towards clean energy in the automotive industry.
An automotive expert from the Bandung Institute of Technology warns of the risks associated with leaving electric cars unused for extended periods. He emphasizes the importance of disconnecting the battery to preserve its performance.
Sony and Honda have announced a reduction in their joint venture, Sony Honda Mobility, following the cancellation of plans to produce Afeela electric cars. This decision comes amid challenges in achieving the desired goals in the near term.
A recent report reveals that Tesla, under Elon Musk's leadership, has saved hundreds of millions of dollars by exploiting foreign tax loopholes, despite Musk's criticism of opaque tax practices. This raises questions about the inconsistency between Musk's statements and the company's financial behaviors.
Slate Auto announced its entry into the electric vehicle market in April 2025, backed by Amazon founder Jeff Bezos. The company aims to provide innovative solutions in sustainable mobility.
Professor Ou Yangming Gao from Tsinghua University predicts that pure electric vehicles will capture <strong>80%</strong> of the Chinese automotive market by <strong>2040</strong>, while hybrid vehicles will see a significant decline in usage.
Kia has been awarded the title of 'Best Manufacturer' for 2026 at the TopGear.com Electric Vehicle Awards, highlighting its commitment to innovation and sustainability in the automotive industry. This achievement comes as the global market shifts towards electric vehicles.
Hyundai Motor Company has announced the launch of its new electric vehicle brand, Ioniq, in China. This initiative aims to strengthen its presence in the world's largest car market following a notable sales increase after six years of decline.
Mercedes-Benz reported a 6% drop in sales during the first quarter of 2023, with deliveries totaling 499,700 units. This decline is primarily attributed to a sharp 27% decrease in sales in the Chinese market.
Indonesian President Prabowo Subianto recently inaugurated a new electric vehicle assembly plant in Majalengka, contributing to local economic growth and creating new job opportunities for residents. This factory marks a significant step towards achieving self-sufficiency in the electric vehicle sector.
Kia, the South Korean automotive giant, has announced a 30% increase in its investments over the next four years. This strategic move aims to strengthen its competitive edge in the automotive market, although the company's stock has seen a decline following the announcement.
Indonesian President Joko Widodo announced the country's ambition to significantly produce electric sedan cars by 2028 during the inauguration of an electric vehicle assembly plant in Majalengka, Central Java. This initiative is part of the government's efforts to boost the electric vehicle industry.
Kia Motors has announced a 20% reduction in its electric vehicle sales target for 2030, lowering it to 1 million vehicles due to declining demand and the cancellation of government subsidies in the U.S. The company's shares fell by 4.2% following this announcement.
Volkswagen, the German automotive giant, has announced the launch of three new electric vehicle models in China over the next two weeks, developed using local technologies. This initiative comes as global companies face significant challenges in the world's largest automotive market.
Indonesian State Minister <strong>Prasetyo Hadi</strong> announced the opening of a new electric vehicle factory in <strong>Magelang</strong> scheduled for April 8. The factory aims to enhance sustainable transportation and reduce reliance on fossil fuels.
GAC Motors, the Chinese automotive company, has unveiled three new electric models at the GIICOMVEC 2026 exhibition in Jakarta, running from April 8 to 11. The models include the <strong>JAC Trekker T9 EV</strong>, <strong>JAC UrbanMover N90 EV</strong>, and <strong>JAC MetroMover N35</strong>, aimed at supporting the logistics transport sector.
Chinese company BYD has announced the recruitment of several experts from German automaker Porsche. This move aims to enhance its presence in the European luxury car market as part of its global expansion strategy.
Kia, the South Korean automotive giant, has announced a reduction in its electric vehicle sales target to <strong>1 million units</strong> by <strong>2030</strong> due to declining demand and the impact of government subsidy cuts in the United States. The company also plans to employ human-like robots in its Georgia factory starting in <strong>2029</strong>.
Australia experienced an unprecedented rise in electric vehicle (EV) sales in March, reaching 14.6% of total new car sales amid soaring fuel prices. This shift reflects changing consumer behavior influenced by geopolitical crises affecting fuel supply.
Nissan Motor's Indonesian distributor has announced the adoption of e-Power technology aimed at improving fuel efficiency in its vehicles. This initiative is part of the company's efforts to support a transition toward a more sustainable future.
German automaker BMW announced the launch of its latest electric vehicle, the i7, at the Beijing Auto Show scheduled for April 22. This new version features significant design and battery system improvements, reflecting the global trend towards sustainability.
Hyundai's CEO, José Munoz, unveiled an ambitious plan to invest $26 billion in the production of trucks and sports cars in the United States. This move aims to compete with Ford and meet the rising demand for electric and hybrid vehicles.
Bloomberg Intelligence has released a list of ten publicly traded companies that investors should keep an eye on. These recommendations come amid significant market volatility, prompting the search for promising opportunities.
Rivian has announced the launch of its new R2 model, which boasts a driving range of up to <strong>335 miles</strong>. This achievement highlights the company's advancements in battery technology and strengthens its position in the electric vehicle market.
Dubai has announced plans to install electric vehicle charging stations at various mosques across the city. This initiative is part of the city's efforts to enhance smart infrastructure and promote sustainability.
The government of Cirebon, Indonesia, has inaugurated 11 electric vehicle charging stations across various government locations. This initiative aims to promote the use of electric vehicles and support the transition to clean energy in the region.
LG Energy Solution Ltd. announced its preliminary financial results for the first quarter, revealing profits that fell short of analysts' expectations. This decline is attributed to weak support for electric vehicles in key markets like the United States, despite strong demand for energy storage systems.
Chinese automaker Geely has launched new images of its fully electric Galaxy A7 EV sedan, recently presented to the Ministry of Industry and Information Technology in China. This model represents a significant step in Geely's expansion efforts in the growing electric vehicle market.