AsiaBusinessOutlook >> World's Most Influential Tech Event CES 2023 to focus on Sustainability and Solving Global Challenges

CES 2023 event started with innovative product launches that will help to solve global challenges. Companies are demonstrating how technology can conserve energy and increase power generation, address food..., World's Most Influential Tech Event CES 2023 to focus on Sustainability and Solving Global Challenges

AsiaBusinessOutlook >> China Surpassed By India As Oil Demand Increases

Oil demand is changing, with India set to overtake China as the most important driver of global growth — and possibly the last, as the world transitions to a greener future. A growing population, which has likely already surpassed China's, will he..., China Surpassed By India As Oil Demand Increases

AsiaBusinessOutlook >> China Extends Tax Exemption On EVs

China announced on Wednesday the renewal of a tax exemption on the purchase of new energy vehicles (NEVs), a new pillar of the economy whose lacklustre recovery has market observers pushing for greater stimulus. NEVs purchased between January 1, 2..., China Extends Tax Exemption On EVs

AsiaBusinessOutlook >> Toyota Motors Lobbying the Indian Government to Cut Taxes on Hybrids

Toyota Motor of Japan is lobbying the Indian government to cut taxes on hybrid vehicles by up to one-fifth, claiming they are far less polluting than petrol cars but do not receive commensurate policy treatment, according to a company letter. The ..., Toyota Motors Lobbying the Indian Government to Cut Taxes on Hybrids

AsiaBusinessOutlook >> US-Iran Conflict Accelerates Shift Toward a Multipolar World

The US-Iran conflict accelerates a global reset, driving supply chain diversification, energy security concerns, and strategic opportunities for India., US-Iran Conflict Accelerates Shift Toward a Multipolar World

AsiaBusinessOutlook >> Carro Expands Into Australia With Strategic CarPlace Acquisition

Singapore-based automotive technology company Carro has expanded into Australia through the acquisition of CarPlace acquisition target CarPlace, marking a major step in the company's regional growth strategy. The move gives Carro a presenc..., Carro Expands Into Australia With Strategic CarPlace Acquisition

AsiaBusinessOutlook >> Ather Energy partners HDFC Bank & IDFC First Bank to offer retail funding for e-scooter

Electric two-wheeler maker Ather Energy on Thursday said it has united with HDFC Bank and IDFC First Bank to offer retail finance for its e-scooters. The collaboration will allow Ather Energy customers , Ather Energy partners HDFC Bank & IDFC First Bank to offer retail funding for e-scooter

AsiaBusinessOutlook >> BYD Shares Jump as Chinese EV Giant Flags Profit Surge

Shares of BYD surged after China’s biggest electric carmaker said third-quarter net profit looks likely rise by more than four times because of strong sales and a better mix of cars..., BYD Shares Jump as Chinese EV Giant Flags Profit Surge

AsiaBusinessOutlook >> Mazda Reveals $11B EV spending plan, also to Invest in Battery Production

Japan's Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery production..., Mazda Reveals $11B EV spending plan, also to Invest in Battery Production

AsiaBusinessOutlook >> Vietnam's Be Group Makes Historic Landmark As First Leasing Service To Use EVs

Vietnam's Be Group said on Tuesday it has signed an agreement with an electric vehicle leasing service that will make it the first ride-hailing firm in the country to use EVs. Be, a homegrown platform with nearly 10 million customers, and GSM, fou..., Vietnam's Be Group Makes Historic Landmark As First Leasing Service To Use EVs