Chinese state-owned auto producer Chery Automobile will build an electric vehicle (EV) factory in Thailand after more than two years of discussions with Thailand’s Board of Investment (BOI), which has secured multiple other EV-related investments.
Aston Martin Slams Brakes On EV, Focusing On Hybrids Instead
The iconic British sports automaker originally planned to phase out ICE powertrains by the end of the decade, only to change its mind after noticing the demand for ICE is still around.
Panasonic Cuts Its Losses To Focus On EV Batteries With Subaru
Panasonic Holdings announced its decision to liquidate Panasonic Liquid Crystal Display, its subsidiary specialising in LCD panels. This move comes as part of the company’s strategic shift towards manufacturing electric vehicle (EV) batteries, partnering with Subaru.
