Honda announced on April 3 that its new car sales in China fell 26.3% year-on-year to 60,449 units in March. The year-on-year decline reached the highest since July 2023 (down 32.8%). As local Chinese companies […]
On 1 December, China began an export licensing system for graphite, a battery material equipped for pure electric vehicles (EVs). On the other hand, since 2023, Chinese companies have indicated that they have invested RMB […]
The divergence between the ups and downs of Chinese auto stocks is intensifying. Shares of BYD, China’s largest new-energy vehicle maker including pure electric vehicles (EVs), are down 24 % from the beginning of 2023, […]
Protectionism around pure electric vehicles (EVs) is intensifying in Europe. In France, some vehicles produced in Asia, such as MG Motor, the British brand of Shanghai Automotive Group, are expected to be excluded from subsidies […]
China’s exports are dropping in price. Unit prices for 70 % of major products such as steel and automobiles have fallen. In terms of the Chinese economy, domestic demand is sluggish and the tendency for […]
On November 29, Toyota relaunched the “70” series of the Landcruiser (Land Cruiser), a large SUV, in Japan. This is a classic and popular car that Toyota sold in Japan from 1984 to 2004, and […]
In Japan, home prices have risen in recent years as interest rates have fallen. In the case of a variable rate type of mortgage, an annual interest rate of about 0.3% is not uncommon. Even […]
In Europe and the United States, consumers appear to be seeking cheaper goods, and exports of goods from Chinese low-cost e-commerce firms such as Temu and Shein are on the rise. There has also been […]
Taking the falsification of fuel efficiency data as an opportunity, VW turned to rationalization countermeasures and electrification, but did not achieve significant results due to stagnation in battery procurement and software development, among other things. […]
EF Education recently released its 2023 English Proficiency Index rankings for countries and territories where English is not spoken as a first language. The survey covered 113 countries and regions, with most of the top […]
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