Vietnam's CV market dips but relatively stable.

South Korean CV market remains dominated by small trucks 5 tons and below.

The export agreement is said to be worth KRW1trn (USD758m) to supply charging systems for the US market over a period of three years.

Malaysian market for CVs (up 40%) heavily dependent on strong pickup sales (up 42%).

UD Trucks working with autonomous driving system software and hardware provider and integrator, Finland’s Sensible 4 Oy.

Japan's CV market sector loses 55,000 units in a year.

The Thai CV market in 2022 despite a weak last quarter finished 2022 up 13%.

In 2024, Hino plans to offer an electric version of its M and L series medium-duty trucks, branded as the M5e and L6e Series by integrating SEA Electric’s SEA-Drive power system.

Medium sized truck market remains largest segment overall in Indonesia.

The CV market in the Philippines is dominated by the pick up sector.

The seven major markets of East Asia (excluding China) has grown by 125,000 commercial vehicles in the last two years.

Giti – a strong brand name in the Far East - is gaining ground in Europe and is ready with tested proven tyres for the fast expanding electric CV market.