AsiaBusinessOutlook >> South Korea's Hyundai Motor joint forces with Michelin to develop EV tires

South Korean automaker Hyundai Motor announced on June 20 that the company would cooperate with French tiremaker Michelin to develop premium products..., South Korea's Hyundai Motor joint forces with Michelin to develop EV tires

AsiaBusinessOutlook >> Hyundai Motors Commences EV Plant Construction in South Korea

Hyundai Motor Co broke ground on a 2 trillion won (US$1.52 billion) dedicated electric vehicle (EV) plant in South Korea on Nov 13, accelerating the automaker's shift to electrification. It is the world's third-largest automaker by sales, plans to..., Hyundai Motors Commences EV Plant Construction in South Korea

AsiaBusinessOutlook >> Nio Collaborates with BYD to Manufacture Batteries for its EVs

Nio, a Chinese electric vehicle manufacturer, has collaborated with its larger competitor, BYD, to procure batteries for a new electric vehicle brand, according to three sources familiar with the situation. This partnership represents a strategic ..., Nio Collaborates with BYD to Manufacture Batteries for its EVs

AsiaBusinessOutlook >> TDK Ventures Partners with Ultraviolette Accelerate Global Performance

Ultraviolette, today, announced a strategic investment from TDK Ventures, the corporate venture capital arm of TDK Corporation. This partnership represents a pivotal step in Ultraviolette’s mission, TDK Ventures Partners with Ultraviolette Accelerate Global Performance

AsiaBusinessOutlook >> BYD to Soon Surpass Tesla in EV Sales

BYD is gaining ground on Tesla as the world's largest EV seller, with the Chinese automaker gaining traction in its global sales push. Last quarter, BYD came dangerously close to overtaking Tesla in terms of sales, owing partly to manufacturing do..., BYD to Soon Surpass Tesla in EV Sales

AsiaBusinessOutlook >> Battery Makers See Sharp Decline Owing to Trump's Administrations Tariffs

Shares of Japanese automakers and South Korean battery makers were hit on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehic..., Battery Makers See Sharp Decline Owing to Trump's Administrations Tariffs

AsiaBusinessOutlook >> Toyota Motors to Expand EV lineup in EU Markets

Toyota Motor announced on Dec 4 that it would expand its battery electric vehicle lineup in Europe to six models by 2026, with such vehicles accounting for more than 20% of new car sales in the region by then. The world's largest automaker by sal..., Toyota Motors to Expand EV lineup in EU Markets

AsiaBusinessOutlook >> Green SM Secures $35M Loan to Expand EV Taxi Fleet

Green SM Indonesia secures $35M loan from BCA to expand EV taxi operations, scale services, and strengthen its position in Indonesia’s growing electric mobility market., Green SM Secures $35M Loan to Expand EV Taxi Fleet

AsiaBusinessOutlook >> Grab and GXS Bank Launch EV Tools for Singapore Drivers

Grab and GXS Bank launch EV financing, discounts and charging benefits to help Singapore private-hire drivers switch to electric vehicles, Grab and GXS Bank Launch EV Tools for Singapore Drivers

AsiaBusinessOutlook >> A Recap on What Happened This Week: Asian Startup News Overview (July 16th -21st July)

We live in a world where innovation and technology are crucial to business growth strategies and provide competitive advantages. Digital technology, medical advancement, distinct experiences, and new financial solutions, among other things,..., A Recap on What Happened This Week: Asian Startup News Overview (July 16th -21st July)