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Honda Motor Company has been the world’s largest motorcycle maker since 1959, and Japan’s second largest Japanese carmaker. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986, and also makes garden equipment, marine engines, personal watercraft and power generators, and is involved in aerospace.
Guangzhou-based Aion will partner with Jakarta-based carmaker Indomobil Group. Aion’s first Southeast Asia plant, in Thailand, is expected to start production this summer.
Global sales rose 12 per cent from a year earlier to 986,262 units, the most ever for the month of November. That included a 17 per cent increase in China to, while production there rose 14 per cent.
Japanese carmakers will display EV concepts to send the message they are willing and able to make battery-powered car sightings more common on the country’s roads in the years to come.
BYD, China’s biggest EV maker, has launched its Dolphin compact hatch in Japan, where imported cars account for a small slice of the market. The base model is priced at US$24,560.
Dongfeng Honda Automobile’s first export shipment includes plug-in hybrid and battery-powered EVs destined for sale in several European countries as China’s auto industry flexes its growing muscle.
Domestic carmakers are rapidly gaining market share in China as they embrace electric vehicles faster than their foreign rivals who are grappling with unused manufacturing capacity of gas and diesel vehicles
Chinese carmakers will continue to offer discounts well into the second half of the year as the debilitating price war shows no signs of slowing down in the world’s top market, industry insiders said at the Shanghai Auto Show.
Li Auto and Xpeng, two of mainland China’s top-three premium EV makers, reported growth in deliveries for a second consecutive month in March, bucking a downwards trend in the world’s largest automotive market.
Semcorp, the world’s biggest producer of a key component in lithium-ion batteries, has agreed to invest around US$1 billion to build a manufacturing plant in Sidney, Ohio.
Sony is betting on access to Honda’s decades-long expertise in car manufacturing, sales and servicing, while Honda seeks to tap Sony’s knowledge in entertainment, networking and sensors for autonomous vehicles.
Plan offered by seven dealers of 17 car brands, such as BMW and Toyota, is likely to be approved by Competition Commission.
Tesla’s crash rate per 1,000 vehicles is substantially higher than data from other carmakers given to the Associated Press.
China’s vehicle industry took a deep dive last month, as Shanghai went into a citywide lockdown, which idled car plants from General Motors to Tesla and Volkswagen.
The list is still growing as more firms report financial results in the days and weeks ahead.
Strict government mandates to combat climate change are driving demand in Europe and China, where automakers and consumers face rising financial penalties for selling and buying traditional petrol and diesel-fuelled cars.
Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fuelled demand for the chips used in those devices.
When Tokyo’s Imperial Palace was worth more than California and golf club membership could cost US$3 million – Japan’s economic golden age was one wild time
A drop of 7.5 per cent last year came despite a big surge in sales of Japanese cars, prized by Chinese motorists for their perceived superior design and efficiency
Dongfeng Honda Automobile, the Japanese carmaker’s mainland joint venture, believes there are opportunities to be tapped in China’s slowing market.
The 30 cars listed in the Insurance Institute for Highway Safety’s top tier, must perform well in crash tests
The engines on this HondaJet are mounted on pylons above each wing instead of on the main fuselage
Honda plans to close its plant in Swindon, about 80 miles west of London, where 3,500 workers are employed
The International Consumer Electronics Show in Las Vegas – which starts on Tuesday – is where enthusiasts can glimpse the next generation of transport