PHL motor vehicle output up 6.9% in first 11 months 

PHILIPPINE motor vehicle production in the first 11 months rose 6.9% from a year earlier, according to the ASEAN Automotive Federation (AAF).  Philippine motor vehicle production during the period totaled 84,138 units, according to AAF data posted on its website. The Philippine growth rate lagged those of its neighbors, with Myanmar output rising 134.4%, Vietnam […]

GTJA initiated coverage on Xingfa Aluminium (98.HK), setting a Target Price of HK$11.73 and an investment rating of ‘Buy’

EQS Newswire / 08/12/2022 / 14:23 UTC+8 GTJA issued a report on 5 December on Xingfa Aluminium (98.HK), indicating that Xingfa’s sales of aluminum extrusion products for new energy vehicles will benefit greatly from the fast development of the new energy vehicle industry, which will also be the one of the main sources of growth […]

Fully Charged Wuling Motors Sets Sail On Completion of the Restructuring of New Energy Business

HONG KONG, Dec 1, 2022 – (ACN Newswire via – It was recently known to us that Wuling Motors (00305. HK) had completed the capital increase into Wuling New Energy. Wuling Motors, capitalized from the restructuring as an important participant, will expedite its in-depth deployment in the field of new energy vehicles in promoting […]

Ev Dynamics Signs Largest Ever Supply Agreement with Bimbo for Electric Delivery Vehicles

HONG KONG, Nov 7, 2022 – (ACN Newswire via – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a leading developer and manufacturer of new energy vehicles (NEVs), has signed a definitive agreement to supply electric last-mile delivery vehicles to the world’s largest […]

Turning towards Clean Energy, PLN Accelerates the Electric Vehicle Ecosystem from Upstream to Downstream

JAKARTA, Nov 7, 2022 – (ACN Newswire via – PT PLN (Persero) today outlined its focus on providing infrastructure to accelerate Indonesia’s electric vehicle ecosystem, aimed to reduce the carbon emission on transportation. Minister of State-Owned Enterprises (BUMN) Erick Thohir said the government is fully committed to develop the electric vehicle ecosystem, mainly after […]

Toyota: Construction and Launch of a Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

Toyota City, Japan, Oct 27, 2022 – (JCN Newswire via – JERA Co., Inc. (JERA) and Toyota Motor Corporation (Toyota) announce the construction and launch of the world’s first (as of writing, according to Toyota’s investigations) large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, […]

Car turns turtle along N. Bacalso Ave. after driver ‘falls asleep’

A VEHICLE turned turtle after it rammed into the center island on N. Bacalso Avenue in Barangay Bulacao, Talisay City on Thursday morning, October 13, 2022. The driver, 64-year-old Luis Azarraga, was believed to have fallen asleep behind the wheel. Jonathan Tumulak, head of the City of Talisay-Traffic Operations Development Authority, said Azarraga, who lives […]

MHI Group to Participate in Vehicle-to-Infrastructure (V2I) Demonstration Test Program to Support Autonomous Highway Driving

TOKYO, Oct 6, 2022 – (JCN Newswire via – Mitsubishi Heavy Industries, Ltd. (MHI) and two Group companies — Mitsubishi Heavy Industries Machinery Systems, Ltd. (MHI-MS) and Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG) — will participate in demonstration testing of a vehicle-to-infrastructure (V2I) system(1) to be conducted in FY2023 using a section of the […]

Editorial: Fatal road rage

Motorcycle driver Roberto Estandarte’s life ended at 45 during his argument with the driver of a four-wheeled vehicle in Barangay Subangdaku, Mandaue City. Their altercation on Monday night, Aug. 8, 2022 ended in violence when the four-wheeled vehicle driver drew his firearm and shot him, hitting him in the chest.Estandarte’s live-in partner was spared, and […]

MPTC unit expects up to 10% rise in CAVITEX vehicle count by Nov.

AN INCREASE in average daily vehicle volume of up to 10% is expected on the Manila-Cavite Expressway (CAVITEX) when physical classes resume in November, according to Cavitex Infrastructure Corp. (CIC), a unit of Metro Pacific Tollways Corp. (MPTC). “With more vehicles expected to ply the 14-kilometer CAVITEX going to different schools and universities in Metro […]

PHL vehicle sales accelerate in June

VEHICLE SALES in the Philippines accelerated by 27% in June, driven by increased demand for commercial vehicles. A joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association, Inc. (TMA) showed total vehicle sales reached 28,601 units in June, up by 26.8% from 22,550 units sold in the […]

Toyota Releases Storage Battery System for Residential Use Based on Electrified Vehicle Battery Technology

TOKYO, Jun 2, 2022 – (JCN Newswire via – Toyota Motor Corporation (Toyota) has developed batteries based on the concept of “safe, long service life, high-quality, good value for price, and high performance” so that customers can use them with peace of mind. This technology utilizing many years of electrified vehicle development as well […]

Half a million new plates unclaimed

MORE than 500,000 motorcycle and motor vehicle private plates remain unclaimed by their owners in Central Visayas as of May 19, 2022.Data from the Land Transportation Office (LTO) showed that about 451,379 motorcycle private plates remain unclaimed since 2014 onwards; while 66,290 motor vehicle plates also remain unclaimed since 2015.LTO 7 Director Victor Caindec, however, […]