Honda Motor, Japan's second-largest automaker, has announced a strategic pivot in its manufacturing operations in Thailand. By 2025, the company will cease vehicle production at its Ayutthaya factory and consolidate operations at its Prachin Buri plant. This decision is driven by the intensifying
The electric vehicle (EV) market in China has been growing exponentially, leading the global charge in the adoption and manufacturing of electric cars. This boom is driven by a mix of regulatory support, technological innovation, and consumer interest. However, there are signs indicating that the
The UK automotive sector is undergoing a significant transformation, driven by the integration of advanced robotics. This shift, often referred to as the 'fifth industrial revolution,' is redefining traditional manufacturing processes, enhancing efficiency, precision, and overall productivity. As
The rapid evolution of the e-commerce sector, marked by consumer demands for quick and reliable deliveries, has exerted significant pressure on retailers to enhance their logistics and supply chain operations. Faced with these challenges, many retailers are increasingly turning to fleet management
In recent discussions about the future of electric vehicle (EV) subsidies, Tesla CEO Elon Musk has taken a somewhat surprising stance by endorsing the elimination of all government subsidies, including the $7,500 tax credit for EVs stipulated by the Inflation Reduction Act (IRA). Musk argues that
The recent surge in Chinese electric vehicle (EV) manufacturers expanding their operations into Europe highlights a strategic pivot to sidestep rising import tariffs, which EU authorities claim are due to substantial state subsidies benefiting Chinese-made EVs. Among the notable players are Chery
