Chinese electric vehicle (EV) producer BYD Co overtook US-based Tesla Inc to become the world’s biggest EV maker in the fourth quarter of 2023 for the first time, according to latest data from the companies. This had added another milestone to a historical year for China’s auto industry as it’s poised to propel China to become the world’s biggest auto exporter.
Mitsubishi: The JV between Toyota and China s state-owned Guangzhou Automobile Group (GAC) laid off the workers over the weekend and offered them compensation, three workers, who declined to be named for privacy, told Reuters earlier.
Toyota s China joint venture dismisses about 1,000 workers asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
SHANGHAI, July 24 - Toyota Motor Corp
has dismissed some workers at one of its plants in China, three
workers told Reuters, as the Japanese automaker struggles with a
price war and.