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automotive

Chinese carmakers edge ahead in Indonesian electric vehicle market
Markets 2 years ago

Chinese carmakers edge ahead in Indonesian electric vehicle market

Neta will next year become the second Chinese car manufacturer to establish an EV assembly line in Indonesia, after Wuling began producing its AirEV locally in 2022.
Mitsubishi to ramp up investment in Indonesia, prepares for EV production
Companies 2 years ago

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Mitsubishi to ramp up investment in Indonesia, prepares for EV production

Japanese automobile manufacturer Mitsubishi Motors Corporation (MMC) plans to bump up its investment in Indonesia to increase its production capacity of cars including electric vehicles (EVs).
Ford raises 2023 profit outlook but sees bigger EV loss
Companies 2 years ago

Ford raises 2023 profit outlook but sees bigger EV loss

Profits in the second quarter were US$1.9 billion, nearly triple the year-ago level on revenues of $45 billion, 12 percent. 
Daihatsu starts work on Rp 2.9t EV-capable factory in Karawang
Companies 3 years ago

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Daihatsu starts work on Rp 2.9t EV-capable factory in Karawang

The facility is expected to be able to produce 140,000 vehicles a year and will replace the company’s factory in Sunter, North Jakarta, which has been operating for 27 years.
Mercedes-Benz launches first electric car brand
Lifestyle 3 years ago

Mercedes-Benz launches first electric car brand

The luxury carmaker has launched its first fully electric sedan and SUV, both fitted with the artificial intelligence-powered MBUX for managing various functionalities.
Electrifying RI’s two-wheelers to catch the world’s biggest opportunities
Economy 3 years ago

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Electrifying RI’s two-wheelers to catch the world’s biggest opportunities

The kind of growth we are about to see in the electric two-wheeler sector only comes along once in a generation. If investors and policymakers don’t catch the wave now, they will miss out on one of the world’s biggest opportunities.
Europe leans on Asia for 'homegrown' EV batteries
Companies 3 years ago

Europe leans on Asia for 'homegrown' EV batteries

Europe's drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving start-ups sufficient funding to challenge the Asian companies that dominate the market.
Mercedes-Maybach’s latest designs feature hand movement technology
Lifestyle 3 years ago

Mercedes-Maybach’s latest designs feature hand movement technology

With unmatched Mercedes-Benz User Experience technology, the Mercedes-Maybach GLS and S-class offer customization to meet customers’ preferences.
Toyota's quarterly output up 30%, but parts shortages continue
Companies 3 years ago

Toyota's quarterly output up 30%, but parts shortages continue

Toyota Motor Corp on Friday said global production climbed 30 percent in the quarter ended in September, but warned the shortages of semiconductors and other parts that have roiled the auto industry would still constrain output in coming months.
Domestic car sales up 19% in September, immune to fuel hike
Economy 3 years ago

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Domestic car sales up 19% in September, immune to fuel hike

Domestic car sales has posted growth in September, indicating that demand for new cars has proved resilient to last month's hike in subsidized fuels.
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