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Manufacturing asian news

Evelyn Cheng - More than half of new cars sold in China are now electric or hybrid - cnbc.com - China - city Beijing

More than half of new cars sold in China are now electric or hybrid

BEIJING — For the first time in China, new energy vehicles have outsold traditional fuel-powered passenger cars on a monthly basis, according to China Passenger Car Association data for July.

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How China Built Tech Prowess: Chemistry Classes and Research Labs - nytimes.com - China - Usa - state Texas - Australia - city Beijing

How China Built Tech Prowess: Chemistry Classes and Research Labs

China’s domination of electric cars, which is threatening to start a trade war, was born decades ago in university laboratories in Texas, when researchers discovered how to make batteries with minerals that were abundant and cheap.

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Hadi Azmi - Thailand, Malaysia’s Tesla hopes fade as Elon Musk appears to go cold on Asean - scmp.com - China - Usa - Indonesia - Thailand - Malaysia - state Oregon

Thailand, Malaysia’s Tesla hopes fade as Elon Musk appears to go cold on Asean

But as rumblings circulated that the American carmaker had scrapped its plan for a factory in Malaysia – as well as Thailand and Indonesia – Malaysian Trade Minister Tengku Zafrul Aziz said on Thursday that efforts to woo Tesla had not been “a waste of time”.

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CHENG TINGFANG and LAULY LI - Nikkei Asia tech correspondents - SMIC says China's localization push is boosting chip demand - asia.nikkei.com - China - city Taipei

SMIC says China's localization push is boosting chip demand

TAIPEI -- China's top chipmaker says the country's push to localize semiconductor supplies has boosted orders and improved pricing in recent months and will continue to provide a tailwind for the company for the rest of the year.

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China's July consumer inflation tops forecast, producer deflation persists - asia.nikkei.com - China - city Beijing - city Shanghai

China's July consumer inflation tops forecast, producer deflation persists

BEIJING (Reuters) -- China's consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps up support for its frail consumer sector in the face of a sputtering economic recovery.

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Leslie Josephs - Boeing's new outsider CEO Ortberg takes the helm, this time from the factory floor - cnbc.com - state Washington

Boeing's new outsider CEO Ortberg takes the helm, this time from the factory floor

Aerospace veteran Robert "Kelly" Ortberg becomes Boeing's new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon.

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Annika Kim Constantino - Eli Lilly - Novo Nordisk - Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar - cnbc.com

Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar

Eli Lilly on Thursday reported second-quarter earnings and revenue that blew past expectations and hiked its full-year revenue outlook by $3 billion as sales of its blockbuster diabetes drug Mounjaro and weight loss injection Zepbound spike.

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SINAN TAVSAN - Nikkei staff writer - Turkey expects more investments from Chinese EV makers - asia.nikkei.com - China - Turkey - city Istanbul

Turkey expects more investments from Chinese EV makers

ISTANBUL -- Turkey expects that more Chinese electric vehicle makers will invest in the country, following BYD's decision to put $1 billion into a factory for EVs and plug-in hybrids, the head of the presidential investment office, Burak Daglioglu, told Nikkei Asia in a recent interview.

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