85 Million EVs to Dominate Global Roads in 2025
By the end of 2025, 85 million electric vehicles (EVs) - cars, buses, vans and heavy trucks – are expected to be on the road, according to the latest forecast by Gartner, Inc.
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Gartner Forecasts Worldwide GenAI Spending to Reach $644 Billion in 2025
Global GenAI spending is expected to reach $ 644.4 billion in 2025, according to Gartner, which increased 76.4% from last year. CIO is preparing to cope with this growth. From deve…
Car Production in August 2023 totaled 150,657 units
The August production reached at 150,657 units, decreased 12.27% (YoY). The production number of this year totaled 1,221,878 units, rising 3.13%.
GWM Makes History as the First Chinese OEM to Mass-Produce EV Overseas
GWM achieves a groundbreaking milestone as the GWM Ora 03, also known as the GWM Ora Good Cat, rolls off the production line at the GWM Rayong factory in Thailand.
Japan's Machine Tool Orders Rise in September, Domestic and Overseas Markets Show Mixed Results
Japan's machine tool orders rebounded for the first time in three months in September 2024. Orders reached 125.36 billion yen (US$814.01 million), a 13.2% increase from the previou…
Thailand's Auto Production Plunges 20% in August 2023
Thailand's automotive production experienced a substantial decline in August 2024, with a total of 119,680 units produced—a 20.56% decrease compared to the same month in 2023.
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Japan's Construction Industry Embraces Wood for a Sustainable and Carbon-Neutral Future
CLT is fireproof, earthquake-resistant, and highly durable, contributing to decarbonization. The use of wooden construction and wood-based buildings is rising in the non-residentia…
TCRSS and TCS Merge to Enhance Synergy, Market Expansion and Operational Efficiency
TCRSS merges with TCS to unify strengths with partners SSI, JFE Steel, and Marubeni-Itochu, aiming to enhance operational efficiency, supply chain integration, and future market ex…
Japan's Machine Tool Orders in October 2024: Thailand Sees a Sharp 50% Decline
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in October 2024 totaled 122,550 million yen, marking a 2.2% decrease fro…
Cognex Enters New Market with Launch of In-Sight SnAPP Vision Sensor
Cognex Enters New Market with Launch of In-Sight SnAPP Vision Sensor. Innovative product brings new levels of accuracy, simplicity, and functionality to industrial sensors
Suzuki Restructures India Strategy with 1.2 Trillion Yen Investment, Expanding into the Middle East and Africa
Suzuki Motor Corporation has unveiled a new mid-term business plan, focusing on restructuring its operations in India—its most crucial market—to drive growth.
Introducing BOI Consulting Service
BOI Consulting Service is designed to assist you in obtaining investment promotion from the Board of Investment (BOI). Our comprehensive services include evaluation, document prepa…
Thailand's Vehicle Production Rebounds in May 2025 After 21 Months
Thailand’s vehicle production reached 139,186 units in May 2025, marking the first growth in 21 months. Output rose 33.51% from April and 10.32% year-on-year.
Industrial Robot Orders Rebound: Japan Forecasts First Increase in Three Years
The Japan Robot Association forecasts a 4.6% rise in industrial robot orders in 2025—marking the first growth in three years—as global demand for automation rebounds.
Tsukuba University Unveils 2027 Industry Hub for Drone and Self-Driving Facilities, with 15 Billion Yen Investment
Tsukuba University is launching a 2027 collaboration hub with a 15 billion yen investment. This initiative is for drone and self-driving car trials, plus a facility for 20 partner …
Samut Sakhon: Champions for the largest number of new factories in April 2023
New factories were licensed in April 2023, totaled 101 factories. Samut Sakhon was the province where 16 new factories opened, the largest number with the total capital of 369.81 m…
Car Production in July 2023 totaled 149,709 units
The July production reached at 149,709 units, increased 4.72% (YoY). The production number of this year totaled 1,071,221 units, rising 0.66%.
Japan Machine Tool Orders Expected to Increase by Only 1% in 2024
Japan machine tool orders in 2024 are anticipated to reach 1.5 trillion yen, marking the first increase in two years, though with a modest 0.9% rise from 2023.
The Operating Revenue of GWM in 2022 Exceeds CNY 137.3 Billion
Great Wall Motor Company Limited released Preliminary Earnings Estimate of 2022: GWM achieved a record high in the operating revenue. With the 137.351 billion CNY in 2022, it has e…
Car Production in October 2022 totaled 170,717 units.
The October production reached at 170,717 units, increased 20.13% (YoY). The production number of this year totaled 1,534,754 units, rising 12.36%.