AsiaBusinessOutlook >> Vinfast to Launch its own EV Charging Brand

Pham Nhat Vuong, the founder of Vietnamese electric vehicle maker VinFast, has launched a new venture called V-Green, an EV charging station company to support VinFast vehicles globally. With a 90 percent stake held by billionaire Vuong, ..., Vinfast to Launch its own EV Charging Brand

AsiaBusinessOutlook >> China EV Makers to Shift to Emerging Markets

Amid Western charges that excessive subsidies have rendered China's electric vehicles (EVs) unfairly cheap, some Chinese automakers have begun to shift their focus to friendlier emerging markets. The United States and the European Union have..., China EV Makers to Shift to Emerging Markets

AsiaBusinessOutlook >> China, ASEAN join hands for regional integration

CGTN published an article about Chinese Premier Li Qiang attending a series of leaders' meetings on East Asian cooperation. Highlighting the successful partnership between China and ASEAN and the planned upgrade of the China-ASEAN, China, ASEAN join hands for regional integration

AsiaBusinessOutlook >> Elon Musk acquires Twitter for $44 billion

Elon Musk reached an agreement to acquire Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests..., Elon Musk acquires Twitter for $44 billion

AsiaBusinessOutlook >> China's First EV Charging Robot to be Put Into Operation

China’s first all-electric shared EV charging robot system developed by the State Grid Suzhou Power Supply Company was put into operation in Suzhou, Jiangsu Province..., China's First EV Charging Robot to be Put Into Operation

AsiaBusinessOutlook >> LG Energy To Resume Its Battery Factory In Arizona With USD 5.58B Investment

LG Energy Solution Ltd (LGES) of South Korea announced on Friday that it will invest 7.2 trillion won ($5.58 billion) to build a battery factory in Arizona, restarting a project that was halted last year due to adverse economic conditions. The wor..., LG Energy To Resume Its Battery Factory In Arizona With USD 5.58B Investment

AsiaBusinessOutlook >> Hyundai Motors to Purchase 5% Stake in Korea Zinc for KRW 527B

Hyundai Motor Group will purchase a 5% stake in Korea Zinc for 527.2 billion won ($397.74 million) as part of its collaboration with the smelter to ensure a stable supply chain for electric vehicle batteries, according to an official statement..., Hyundai Motors to Purchase 5% Stake in Korea Zinc for KRW 527B

AsiaBusinessOutlook >> Startups that made waves this week

The month of October is seeing its last week, and it has been an eventful one; this month was a turbulent one with all the economic fluctuations the global economy faced with regard to oil prices and inflation. China and Vietnam underwent signific..., Startups that made waves this week

AsiaBusinessOutlook >> Panasonic Holdings to Sell its Automotive Business to Apollo Global

On Nov 17, Panasonic Holdings of Japan announced its intention to sell a portion of its automotive systems business to investment funds managed by U.S. entities. Apollo Global Management, a private equity firm, has entered into a memorandum of und..., Panasonic Holdings to Sell its Automotive Business to Apollo Global

AsiaBusinessOutlook >> Philippines Secures Investment Pledges from German and American Firms

The Philippines has recently secured approximately US$5 billion in investment pledges from German and American firms, representing significant potential gains for the country in sectors such as healthcare and energy. President Ferdinand Marcos Jr,..., Philippines Secures Investment Pledges from German and American Firms