Electric Vehicle Boom Fuels 34% Surge in Indonesia’s Car Sales in Q2
Rising demand for electric vehicles boosts auto markets across Southeast Asia, with China’s BYD expanding presence and Vietnam’s VinFast closing gap with Thailand.
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Rising demand for electric vehicles boosts auto markets across Southeast Asia, with China’s BYD expanding presence and Vietnam’s VinFast closing gap with Thailand.
Showing 1-10 of 10 articles.
business
Key business developments in Asia include Shein’s anticipated Hong Kong IPO filing, CXMT’s Shanghai listing, and economic forecasts from AMRO amid regional challenges.
Nikkei Asia | Jul 27, 2026, 12:44 AM
world
BYD regains its position as the world’s largest battery-powered car manufacturer, driven by strong overseas shipments despite a decline in deliveries.
South China Morning Post World | Jul 8, 2026, 8:10 AM
world
Contemporary Amperex Technology Ltd (CATL) introduces a third-generation electric vehicle battery capable of charging to 98% in under six and a half minutes, outpacing competitors like BYD’s Blade battery.
South China Morning Post World | Aug 3, 2026, 2:27 AM
business
The U.S.-Iran war has driven up fuel prices, leading to a significant increase in electric vehicle sales in Asia, particularly in Southeast Asia, while China experiences a decline after subsidy cuts.
Nikkei Asia | Jul 30, 2026, 5:35 AM
world
Luxury car sales from international brands in China dropped sharply as domestic electric vehicle makers gain market share, signaling a shift in consumer preferences.
South China Morning Post World | Jul 22, 2026, 4:45 AM
world
China’s largest electric vehicle maker BYD reaches a production milestone in Brazil, expanding its footprint in South America while prompting strategic considerations in Europe.
South China Morning Post World | Jul 21, 2026, 8:31 AM
world
China condemns the US for blacklisting over 60 Chinese companies, alleging a breach of agreements made between leaders Donald Trump and Xi Jinping, while legal challenges and export controls escalate tensions.
South China Morning Post World | Jul 11, 2026, 2:01 AM
world
Chinese EV maker BYD unveils its Denza Z sports car at the UK’s Goodwood Festival of Speed, aiming to expand its presence in developed markets and challenge Porsche’s iconic 911.
South China Morning Post World | Jul 8, 2026, 8:20 AM
business
Chinese automaker BYD experiences its first January-June sales drop in six years, citing shifts in domestic electric vehicle subsidies.
Nikkei Asia | Jul 1, 2026, 3:12 PMShowing 1-10 of 10 articles.