In June 2023, the Chinese government introduced two notable policies targeting the EV sector. One policy involves EV tax breaks, while the other entails the expansion of the new energy...
To expand the market for electric two-wheelers abroad, Taiwanese motorcycle brand Kymco and Kymco Capital have partnered with Arun Plus, a wholly-owned subsidiary of Thailand's state-owned...
Over the past week, a series of developments and rumors regarding Foxconn's investments in India have occurred. Global PC and notebook manufacturers are closely watching if India...
South Korea-based battery manufacturer SK On is accelerating expansion. The company will invest in a new battery material plant in Quebec, Canada, with Ford. It also plans to build...
Vietnam-based EV maker VinFast just went public in the US with a special purpose acquisition company (SPAC) merger. The company has been ambitious about expanding overseas. It has...
Swiggy, an India-based online food delivery platform, revealed a collaboration with Taiwan-based Gogoro, with the latter providing its battery-swapping technology for last-mile del...
China has been aggressively developing level 3 vehicle autonomy in recent years. According to local media reports, the country has formed a shared opinion that the driver of an L3...
China-based battery giant CATL unveiled Shenxing, a new LFP battery, on August 16. The battery can enable an EV driving range of 400 kilometers with one 10-minute charge. The company...
Hyundai Motor Group agreed to acquire a manufacturing facility from General Motors (GM) in India, as the Korea-based automaker is looking to expand in the world's third-largest auto...
Chinese automaker Nio will be able to mass produce its in-house developed autonomous driving (AD) processors within one to two years, according to company hardware Vice President...
The worldwide push for carbon reduction has taken center stage, compelling the transportation sector to explore alternative renewable energy options. However, achieving carbon reduction...
BYD just reached the five million vehicle production milestone. Chairman and president Wang Chuanfu said at an event that Chinese automakers should work together to show the world...
India's largest electric two-wheeler (E2W) brand by sales unveiled a series of affordable models to expand its lineup to solidify its status in the rapidly-growing E2W market.
Many car component suppliers have announced their financial results in the first half of 2023. While some were optimistic about the future of China's automotive sector, others said...
After trying to attract Tesla's investment for a long time, Indonesia seems to have made some progress. Senior minister Luhut Pandjaitan said the EV giant is considering investing...
