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GlobalData Auto News Update January 19, 2024


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Automotive

January 19, 2024

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LATEST NEWS IN YOUR INDUSTRY

Hyundai signs lithium supply deals to secure low prices

Second direct lithium supply contract signed this year

 

Malaysia sales hit new record in 2023

Growth last year continued to be driven by strong domestic consumption

 

BYD to build Indonesia EV plant

Already has seven dealers and plans 50 by the end of the year

 

Antolin opens India factory

Will produce products and components for OEM customers

 

GWM builds first Thai Ora

10,000 imported versions have already been sold since launch in October 2021

 

Western Europe’s diesel share for 2023 was 15.8%, 2.5pp down on 2022 

This is very close to the figure seen in December 2022, according to GlobalData

 

Posco to supply EV parts to Hyundai-Kia Europe

Will supply cores directly to Hyundai Mobis

 

Huawei’s smart, connected car technology unit

Plans to leverage its in house artificial intelligence (AI) and telecom technologies to play a key role in the next generation smart car industry