{
}
Soaring demand for Toyota's gasoline-electric hybrids has led to significant supply chain challenges, resulting in extended wait times for customers across major markets. With global hybrid sales nearly tripling in five years, Toyota is working to boost production capacity while facing component shortages, particularly in magnets and inverters. Competitors like Hyundai and Honda are also struggling to meet hybrid demand, highlighting the growing popularity of these vehicles amid a competitive landscape.
Zeekr has introduced a new charger with a peak power of 1.2 MW, surpassing BYD's recently unveiled 1 MW charger, which can add 400 km of range in just 5 minutes. This fully liquid-cooled charger will debut at the Shanghai auto show in April, marking a significant advancement in ultra-fast charging technology. Currently, no passenger vehicles support 1.2 MW charging, but Zeekr's energy unit operates 826 supercharging stations with over 4,000 superchargers.
UBS has received approval from Chinese authorities to fully acquire UBS Securities in Beijing, increasing its stake to 100%. This significant move follows the merger with Credit Suisse and is expected to enhance UBS's investment banking and wealth management operations in China, according to Iqbal Khan, Chairman Asia Pacific and Co-President Global Wealth Management at UBS.
Soaring demand for Toyota's gasoline-electric hybrids has led to significant supply chain challenges, resulting in lengthy wait times for buyers across major markets. In Europe, customers face delays of 60 to 70 days, while in Japan, waits range from two to five months. The automaker is working to boost production and alleviate bottlenecks caused by shortages of key components, including magnets and inverters.
Xpeng celebrated a significant milestone with the 100,000th Mona M03 rolling off the assembly line just seven months after its launch, achieving record production for a new Chinese electric vehicle. The sedan has consistently delivered over 15,000 units monthly, contributing to Xpeng's strong sales performance. The company plans to introduce the Mona M03 Max variant in May, featuring advanced autonomous driving technology.
SiCarrier, a Shenzhen-backed chip equipment manufacturer, launched 30 new products at Semicon China 2025, showcasing a commitment to domestic semiconductor self-sufficiency amid U.S. export restrictions. The tools, featuring fully localized core components, include machines for diffusion, etching, thin film deposition, and various inspection processes, marking a significant advancement in a sector traditionally dominated by foreign companies.
As US-China tech tensions rise, Beijing is intensifying efforts towards semiconductor self-reliance, particularly in chipmaking equipment. This move highlights the strategic importance of the sector and raises concerns about the implications for global technology dynamics.
Asian shares plummeted on Monday, with Tokyo's Nikkei 225 dropping over 4% following a significant retreat on Wall Street, driven by fears of worsening inflation and a slowing U.S. economy amid escalating trade tensions. The S&P 500 experienced its worst day in two years, falling 2%, while consumer pessimism about future finances surged, raising concerns about a potential stagflation scenario. As markets brace for upcoming tariff announcements, oil prices and U.S. futures also declined.
Nio's sub-brand Firefly is set to launch its first model on April 19, with pre-sales starting at RMB 148,800 ($20,510). The vehicle will be available in five color options: lavender, plum, sand, marble, and graphite, and features a 42.1-kWh battery pack with a range of 420 kilometers. Firefly aims to establish a battery swap network in high-density cities, integrating with Nio's existing system.
HSBC Holdings is set to implement a reorganization that is expected to save $11.7 billion annually, aimed at expanding its wealth management business. The company emphasizes that the information provided is for reference only and does not constitute investment advice, urging users to consult professional financial advisers before making any trading decisions. AASTOCKS.com Limited disclaims any liability for inaccuracies or omissions in the information presented.
CHN
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Toyota faces hybrid supply shortages amid soaring demand and production challenges
United States Dollar
Japanese Yen
Indian Rupee
Chinese Yuan
Toyota Motor Corp
Hyundai Mobis Co.,Ltd
Aisin Corp
DENSO CORP. R
Mahindra & Mahindra Ltd
Honda Motor Co., Ltd.
USA
KOR
CHN
JPN
IND
Rakesh Kumar
Saugata Dasgupta
Varinder Wadhwa
Show more
09:17 31.03.2025
zeekr introduces 1.2 mw charger surpassing byd's 1 mw technology
08:36 31.03.2025
ubs secures approval for full acquisition of china joint venture
08:11 31.03.2025
toyota faces supply challenges as hybrid demand surges globally
United States Dollar
Japanese Yen
Indian Rupee
Chinese Yuan
Toyota Motor Corp
Hyundai Mobis Co.,Ltd
Aisin Corp
Mahindra & Mahindra Ltd
Denso Corp
Honda Motor Co., Ltd.
DEU
USA
KOR
CHN
JPN
IND
Rakesh Kumar
Saugata Dasgupta
Varinder Wadhwa
Show more
07:56 31.03.2025
Xpeng celebrates production milestone with 100000th Mona M03 electric sedan
06:19 31.03.2025
Chinese firm launches 30 domestically produced chip tools at Semicon China
05:45 31.03.2025
China's semiconductor ambitions face challenges amid US tensions
05:42 31.03.2025
asian markets plunge as wall street fears escalate over inflation and tariffs
Euro
Japanese Yen
United States Dollar
Oxford Industries, Inc.
Delta Air Lines, Inc.
Domino's Pizza, Inc.
American Water Works Co Inc
Apple Inc.
Caesars Entertainment, Inc.
lululemon athletica inc.
Microsoft Corporation
THA
MMR
JPN
CHN
KOR
AUS
HKG
TWN
USA
Stan Choe
Matt Ott
Donald Trump
Show more
05:19 31.03.2025
Nio Firefly to Launch First Model with Five Color Options on April 19
04:33 31.03.2025
hsbc reorganization aims to save 11.7 billion dollars annually for growth
04:07 31.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Financial Scams and Security
Industry Mergers & Acquisitions
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Domestic Politics
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Swiss Re AG
Beazley plc
UBS AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Canadian Dollar
Australian Dollar
United Arab Emirates Dirham
Saudi Riyal
Danish Krone
Offshore Chinese Yuan
Mexican Peso
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Vietnamese Đồng
New Zealand Dollar
People: