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 >> 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

AsiaBusinessOutlook >> GS Yuasa to Raise JPY 47B via Sale of Shares

On Nov 20, Japanese battery manufacturer GS Yuasa announced plans to raise up to 47.2 billion yen ($315.47 million) through the sale of new shares and third-party allotment to Honda Motor. GS Yuasa has announced that it plans to allocate the funds..., GS Yuasa to Raise JPY 47B via Sale of Shares

AsiaBusinessOutlook >> Volvo Commences Shifting Production from China to Belgium to Counter EU Tariffs

Volvo Cars has begun shifting the production of Chinese-made electric vehicles (EVs) to Belgium, anticipating a European Union crackdown on Beijing-subsidised imports, as reported by The Times on Saturday. Volvo, which is majority-owned by China's..., Volvo Commences Shifting Production from China to Belgium to Counter EU Tariffs

AsiaBusinessOutlook >> Chinese Automakers Eye Thailand as Next Manufacturing Destination

In the past two years, Chinese automakers such as BYD, GAC Aion, and Chery have announced ambitious plans to establish manufacturing facilities in Thailand. BYD and GAC Aion launched operations at their factories in July, contributing to Chinese i..., Chinese Automakers Eye Thailand as Next Manufacturing Destination

AsiaBusinessOutlook >> Honda and LG Energy to Invest $4.4B in Ohio EV Battery Plant

Honda is building a joint venture Ohio battery plant with LG Energy Solution in which the overall investment is expected to be $4.4 billion as part of its Honda EV Hub in Ohio. , Honda and LG Energy to Invest $4.4B in Ohio EV Battery Plant

AsiaBusinessOutlook >> India, Thailand Strengthen Ties in Advanced Tech and Innovation

India and Thailand have fostered a mutual understanding to enhance their cooperation in various advanced technology areas. The two countries aim to broaden collaborative initiatives in fields like digital technology, electric transport, robotics..., India, Thailand Strengthen Ties in Advanced Tech and Innovation