Page 2 - Chinese Electric Car Firms
Japan automakers to invest $4.3 bn in Thailand over 5 years: Thai govt
Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors will invest 30 billion baht and Mitsubishi Motors 20 billion baht, spokesperson Chai Wacharoke said
 "Japan automakers to invest $4.3 bn in Thailand over 5 years: Thai govt")
Chinese EV brands expand to global markets as they offer lower prices
Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China's BYD Auto. BYD Auto is part of a wave of Chinese electric car exporters that are starting to compete with Western and Japanese brands in their home markets. They bring fast-developing technology and low prices that Tesla Inc.'s chief financial officer says are scary. Furukawa said he ordered an ATTO 3 when it went on sale Jan. 31, for its user-friendly features and appealing price of 4.4 million yen ($33,000) or about one-quarter less than a Tesla. It's perfect, Furukawa said in his office in Yokohama, southwest of Tokyo. Other ambitious Chinese EV exporters include NIO, Geely Group's Zeekr and Ora, a unit of SUV maker Great Wall Motors. Some compete on price. Others emphasize performance and features, putting pressure on Western and Japanese premium brands. NIO Inc., which has persuaded buy
 "Chinese EV brands expand to global markets as they offer lower prices")
Tesla to suspend output at its China factory partly due to slowing demand
Consumer demand for cars in China has been dented by the country's still strict approach to Covid
 "Tesla to suspend output at its China factory partly due to slowing demand")
BYD to launch e-SUV in India; here's a list of its most sought-after models
BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6
 "BYD to launch e-SUV in India; here's a list of its most sought-after models")
Chinese EV Maker Xpeng to raise $1.8 billion in Hong Kong listing -sources
Chinese electric vehicle maker Xpeng Inc will raise $1.8 billion by pricing its shares at HK$165 each as part of its Hong Kong dual primary listing
 "Chinese EV Maker Xpeng to raise $1.8 billion in Hong Kong listing -sources")
'Without China, India's aim to electrify all vehicles by 2032 will be hard'
Hu Weijia, a journalist, says India shouldn't block Chinese firms from catering electric cars
 "'Without China, India's aim to electrify all vehicles by 2032 will be hard'")
