
Foxconn to soon announce another Japanese auto partner, chairman says
Foxconn subsidiary Foxtron Vehicle Technologies and Japanese automaker Mitsubishi Motors this month signed a memorandum of understanding for the supply of an electric vehicle model.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNA
22 minutes ago
- CNA
Japan finance minister aware of market concerns about fiscal health
Japanese Finance Minister Katsunobu Kato said on Friday he was aware of bond market concerns about the country's fiscal policy ahead, in the build-up to an upper house election where the minority government is poised for another setback. Japanese government bonds plunged this week, sending yields on 30-year debt to an all-time high, after polls showed Prime Minister Shigeru Ishiba's coalition was in danger of losing its majority in the upper house vote on Sunday. "I'm aware of bond market views that the recent market movements reflect various concerns about fiscal policy ahead," Kato said, speaking to reporters after the meeting of finance leaders from the Group of 20 major economies in South Africa. "We'll carefully respond to those market voices, carry out appropriate debt management and work to improve fiscal health to maintain market confidence," Kato said.


CNA
22 minutes ago
- CNA
Chinese automakers should pursue 'rational competition' in EV industry, official says
BEIJING :Major automakers should push for "rational competition" in the electric vehicle industry, a senior Chinese official said on Thursday (Jul 17), according to a statement from the industry ministry published on Friday. The comments from Che Jun, head of a Communist Party central leading group, came a day after China's cabinet pledged to regulate what it called "irrational" competition in the EV market and vowed to strengthen price-monitoring. Che Jun spoke at a meeting attended by officials from the industry ministry and representatives from automakers BYD and BAIC Group. Authorities in China have urged companies to stop excessive competition in the auto industry and in more recent regulatory comments, described such competition as "irrational." On Friday, China's industry ministry, market regulator and state planner jointly held a separate meeting on the EV industry's development with representatives from 17 key auto enterprises, automobile industry association and local officials.


CNA
2 hours ago
- CNA
New funding to revitalise Hong Kong's traditional art and promote digital transformation
Hong Kong Polytechnic University has received new project funding this year to revitalise the city's traditional art and promote digital transformation of its culture industry. It is the first tertiary institution in the city to receive the China National Arts Fund. CNA's May Wong takes a look at a few of the university's projects.