In the first half of 2021, global sales of EVs reached 2.6 million units, up 160% from the first half of 2020. EVs promise a lot of business opportunities, giving rise to diverse...

Although EV sales are still low in India, Tracxn data showed that venture capitalists have poured more than US$600 million into the EV value chain so far this year, five times higher...

Vinh Phuc province in Vietnam has attracted a total of US$1.1 billion foreign direct investment this year, rising 50% on year, according to Vietnamese-language VnEconomy...

China's Ministry of Industry and Information Technology (MIIT) has relaxed the requirements for LFP battery's energy density, allowing more space for tier-2 and tier-3 battery makers...

Mercedes Benz, one of the most popular and iconic luxury carmakers, said they have aggressive plans for the Indian EV market as more customers become interested in the segment. The...

Foxconn (Hon Hai) unveiled three EV models, Model C, Model E and Model T, during its recent Hon Hai Tech Day, apparently targeting at three different market segments. Aiming at personal...

China-based AI startup Enflame Technology has released Cloud Blazer, its second-generation AI inference acceleration card equipped with in-house-developed AI inference chip Suixi...

Metaverse has become the hottest tech buzzword as of late, attracting global industry players to jump on the investment bandwagon. However, while most companies have claimed they...

Hyundai is investing US$530 million in brining more EVs to India, while local EV startup Ola has raised US$139 million in funding with loss narrowed for fiscal 2021.

Taiwan-based supply chains are stepping up to meet lithium battery demands as a result of the rising popularity of electric vehicles (EV) and energy storage systems.

Southeast Asia is seeing a rise in business opportunities related to metaverse, while Singapore is in fourth place globally in terms readiness for autonomus driving services.

Foundry capacity supply will remain tight in 2022 as global IC shortage has yet to ease and IC designers continue to seek more capacity support, although demand for certain chips...

Honda Motor has set up a battery-making subsidiary in India targeting the local tricycle market, according to Economic Times. Honda will be the second foreign carmaker after...

Toyota Motor will reportedly launch an electric SUV (sports utility vehicle) in the China market at below CNY200,000 (US$31,200) in 2022, with the electric vehicle (EV) to be equipped...

Asia's manufacturing-centric countries are keenly aware of their core clients' net zero goals. Carbon reduction is not a future-to-do task but has been progressing under slippage...