AsiaBusinessOutlook >> Sansera Engineering set to raise $400-500 million order from US car maker

Bengaluru-based high-precision component maker Sansera Engineering is set to bag an order worth $400-500 million from a leading North American car maker for supply of connecting rods, according to people in the know, close on the heels of landing..., Sansera Engineering set to raise $400-500 million order from US car maker

AsiaBusinessOutlook >> Japan's Toyota Pledges $1.8bn Indonesia EV Investment

Toyota plans to invest 27 trillion rupiah ($1.8 billion) in Indonesia over the next five years to produce electric vehicles (EVs) as Japanese carmaker seeks to ramp up its transition to renewables...., Japan's Toyota Pledges $1.8bn Indonesia EV Investment

AsiaBusinessOutlook >> Japanese Carmaker Toyota Bets Big on Low-Cost Hybrids in India

Toyota is betting big that consumers in India and other emerging markets will love its hybrid vehicles, provided they can be made and sold at affordable prices..., Japanese Carmaker Toyota Bets Big on Low-Cost Hybrids in India

AsiaBusinessOutlook >> Israeli Startup StoreDot Partners with Circulor to Map Supply Chains for Production

StoreDot, an Israeli start-up developing fast-charging batteries, announced a partnership with Circulor, a UK start-up that uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, on Tuesday. St..., Israeli Startup StoreDot Partners with Circulor to Map Supply Chains for Production

AsiaBusinessOutlook >> Nomura Employs Two Investment Bankers To Manage Their Customers In Europe And US

Nomura, a Japanese investment bank, has hired two investment bankers to manage its coverage of mobility and automotive customers in Europe and the United States through its Greentech division, which focuses on sustainability. Nomura intends to lev..., Nomura Employs Two Investment Bankers To Manage Their Customers In Europe And US

AsiaBusinessOutlook >> Chinese Firm Launches Innovative Phone to be Used with EVs

On September 21, China's Nio unveiled a high-end smartphone designed to be used with its electric vehicles, touting a slew of related functions such as instructing the car to park itself. The introduction of the Nio Phone, the world's first car-s...., Chinese Firm Launches Innovative Phone to be Used with EVs

AsiaBusinessOutlook >> Japan's Suzuki Motors to Produce EVs in India

Suzuki Motor of Japan will begin making electric vehicles in India and ship them to Japan as early as 2025, according to the Nikkei newspaper on Wednesday. Suzuki may contemplate exporting India-made EVs to partner Toyota Motor for European marke..., Japan's Suzuki Motors to Produce EVs in India

AsiaBusinessOutlook >> Toyota Motors to Implement Tesla EV Charging Tech

Toyota Motor, the world's largest automaker by sales, announced on Thursday (Oct 19) that it had signed an agreement to use Tesla's electric-vehicle charging technology beginning in 2025. Other automakers that have adopted Tesla's North American ..., Toyota Motors to Implement Tesla EV Charging Tech

AsiaBusinessOutlook >> China-EU Summit to Focus on International Economic Issues

The China-EU summit is scheduled to be held in Beijing, China on December 4, where the leaders of the two sides will discuss strategic issues and related international economic issues. China and Europe are friends, not competitors. Our common int..., China-EU Summit to Focus on International Economic Issues

AsiaBusinessOutlook >> Clean Energy top Driver of Chinese Economy in 2023

According to a report released on Jan 25, clean-energy projects were the most important driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels. ..., Clean Energy top Driver of Chinese Economy in 2023