AsiaBusinessOutlook >> Stellantis creates Virutal Cockpit using Amazon’s Cloud Systems

Stellantis announced on January 8 that it has developed a "virtual cockpit" using BlackBerry technology and the power of Amazon and BlackBerry software. New versions of controls and systems can be built and tested in days instead of months. Stella..., Stellantis creates Virutal Cockpit using Amazon’s Cloud Systems

AsiaBusinessOutlook >> UAE Upgrading its EV Infrastructure to Reduce its Carbon Footprint

Suhail Bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the Ministry is upgrading the UAE’s electric vehicle (EV) system by adding new stations and concluding more partnerships with major global companies to turbocharge the se..., UAE Upgrading its EV Infrastructure to Reduce its Carbon Footprint

AsiaBusinessOutlook >> Chinese Outbound FDI Sets New Records

According to a report by Rhodium Group, Chinese outbound foreign direct investment along the electric vehicle value chain is expected to set a new record in 2023 as western economies increase their scrutiny of China's production-focused, debt-driv..., Chinese Outbound FDI Sets New Records

AsiaBusinessOutlook >> Vinfast to Agressively Expand in Thailand, Forms 15 Partnerships

Vietnamese electric vehicle maker VinFast said on Wednesday that it had signed partnership agreements with 15 dealers in Thailand, its latest effort to expand in Southeast Asia and tap growing demand in the region. It said the deals were made at t..., Vinfast to Agressively Expand in Thailand, Forms 15 Partnerships

AsiaBusinessOutlook >> Chinese Official States EV Companies Unreliant on Subsidies

In a roundtable discussion in Paris on Apr 8, Commerce Minister Wang Wentao emphasized that China's electric vehicle (EV) companies do not rely on subsidies to gain a competitive edge, dismissing accusations of "overcapacity" leveled by the United..., Chinese Official States EV Companies Unreliant on Subsidies

AsiaBusinessOutlook >> Foxconn Receives Licence To Fund USD 551 Million in Vietnam

Foxconn Singapore has received approval to invest $551 million in two projects for manufacturing smart entertainment products and smart-system equipment in Vietnam's Quang Ninh province, according to sources. The firm has put over $3.2 billion..., Foxconn Receives Licence To Fund USD 551 Million in Vietnam

AsiaBusinessOutlook >> India Surpasses China in Clean Tech Funding Amid Green Push

In recent months, India has surpassed China as a source of clean technology funding as part of initiatives to increase local green manufacturing., India Surpasses China in Clean Tech Funding Amid Green Push

AsiaBusinessOutlook >> Suzuki to Leverage Indian Manufacturing Ecosystem to Produce EVs

Suzuki Motor Corporation (SMC) announced plans to establish India as a global production hub for electric vehicles (EVs), including small, affordable EVs, leveraging the country's strong manufacturing ecosystem. Speaking on Thursday, Toshihiro Suz..., Suzuki to Leverage Indian Manufacturing Ecosystem to Produce EVs

AsiaBusinessOutlook >> Energy cooperation deals boost innovation, secure minerals amid China export limits

During President Trump’s visit, Secretary of Energy Chris Wright signed two key agreements: a Memorandum of Understanding on energy cooperation and a Memorandum of Cooperation on critical minerals, Energy cooperation deals boost innovation, secure minerals amid China export limits

AsiaBusinessOutlook >> Toshiba Showcases SCiB LTO Battery at Asia Sustainable Week 2025

Japanese multinational conglomerate Toshiba is set to feature its advanced lithium titanium oxide (LTO) SCiBTM battery in the upcoming ASIA Sustainable Week 2025. This event will be held in Bangkok from July 2 to 4 at the Queen Si..., Toshiba Showcases SCiB LTO Battery at Asia Sustainable Week 2025