Proterial, formerly Hitachi Metals, has developed a cutting-edge magnetic sheet and panel using soft magnetic materials to enhance non-contact charging systems for electric vehicle…
New factories were licensed in September 2024, totaled 257 factories. Samut Prakan was the province where 53 new factories opened, the largest number with the total capital of 3,…
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…
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.
In September 2024, Thailand's total vehicle production reached 122,277 units, marking a 25.48% decrease compared to September 2023, with the decline impacting both export productio…
New factories were licensed in August 2024, totaled 183 factories. Chonburi was the province where 26 new factories opened, the largest number with the total capital of 1,530.30 mi…
Japan's machine tool orders fell for the second consecutive month in August, according to the latest JMTBA data. The total value of orders placed in August stood at 110.770 billion…
The hot-rolled steel market, once stable, is now facing a potential decline. Toyota's recent price cut on automotive steel has sparked concerns.
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.
Mazda is developing a new hybrid engine for its larger SUV, the CX-5, with plans to introduce it in 2025. This move is part of a broader strategy to consolidate its current models …
Sharp is diving into the EV market, teaming up with Foxconn to create the "LDK+" model. This new EV offers a living room-style interior complete with a 65-inch screen and is slated…
Kubota is expanding its Thailand factory to increase annual production of industrial diesel engines from 120,000 to 160,000 units by 2026. The investment is estimated to be several…
The JMTBA has reported a slight decline in global orders for Japanese machine tools in July 2024. Total orders reached 123.942 billion yen ($843.86 million), marking a 7.4% decreas…
Thailand's vehicle production in July 2024 reached 124,829 units, a 16.62% drop year-on-year. This was primarily caused by a 40.85% decrease in domestic sales.
Japanese companies have significantly increased their research and development (R&D) spending for the 15th consecutive year. Toyota Motor Corporation has maintained its position as…
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japanese machine tools in June 2024 totaled 133.82 billion yen (US$909.95 million), a 7.5% …
Thailand's vehicle production in June 2024 totaled 116,289 units, marking a 20.11% decline from the previous year and a 7.82% drop from May. The main factor was a significant reduc…
Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc.
Orders for Japanese machine tools worldwide in May 2024 amounted to 124.53 billion yen (US$774.71 million), up 3.0% from the previous month, and a 4.2% increase from the same month…
