AsiaBusinessOutlook >> Leapmotor & Xiaomi Eye New EV Brands Amid China Market Shift

China’s electric vehicle (EV) market is witnessing another major shift as Leapmotor and Xiaomi eye new EV brands amid China market shift, reflecting growing competition and changing consumer demand. As automakers race to strengthen their position..., Leapmotor & Xiaomi Eye New EV Brands Amid China Market Shift

AsiaBusinessOutlook >> Chinese EV Startup Omoway Secures Funding After Indonesia Debut

Chinese electric motorcycle startup Omoway has secured fresh funding shortly after launching its operations in Indonesia, giving the company new momentum as it expands across Southeast Asia. The investment comes at a time when demand for electr..., Chinese EV Startup Omoway Secures Funding After Indonesia Debut

AsiaBusinessOutlook >> BYD Bets on Hybrid Growth as South Korea Ends EV Subsidies

South Korea removed BYD from its EV subsidy program, prompting the automaker to expand its plug-in hybrid strategy and strengthen its market position., BYD Bets on Hybrid Growth as South Korea Ends EV Subsidies

AsiaBusinessOutlook >> Volvo and China's Geely Team up to Release Six New EVs

Volvo Cars is preparing for an electric blitz, converting all of its mainstay models - three SUVs and two sedans - to electric vehicles and introducing a luxury electric van aimed at increasing sales in Asia, according to two people familiar with ..., Volvo and China's Geely Team up to Release Six New EVs

AsiaBusinessOutlook >> Renault Korea an Kakao Mobility Partner on Connected Car Innovation EV

Renault Korea and Kakao Mobility have entered into a strategic partnership to develop connected car technologies, bringing together automotive engineering and digital mobility services. The collaboration aims to enhance in-car connectivi..., Renault Korea an Kakao Mobility Partner on Connected Car Innovation EV

AsiaBusinessOutlook >> Asia Today: AI Memory, Robotics, EV Growth & More

Asia business roundup features Samsung's AI memory technology, Unitree's IPO, GM-SAIC partnership, Tesla's China sales growth, and Daikin's profit rise., Asia Today: AI Memory, Robotics, EV Growth & More

AsiaBusinessOutlook >> BYD Overtakes Tesla in EV Sales Amid Global Expansion

Chinese electric vehicle giant BYD made history in 2025 by overtaking Tesla as the world’s largest seller of battery electric vehicles (BEVs), signaling a major shift in the global EV industry after years of Tesla dominance., BYD Overtakes Tesla in EV Sales Amid Global Expansion

AsiaBusinessOutlook >> Milo Drive Raises $2.4M Seed to Expand India's EV Fleet Platform

Indian EV fleet startup Milo Drive has secured US$2.4 million in seed funding, giving the company fresh capital to expand its operations and strengthen its technology platform. The investment reflects growing confidence in startups that are helpi..., Milo Drive Raises $2.4M Seed to Expand India's EV Fleet Platform

AsiaBusinessOutlook >> Volkswagen's China Comeback Faces Fresh Doubts as Sales Keep Falling

Volkswagen’s China sales fell 26.1% in the first half of 2026 as local EV makers gain ground, forcing the German automaker to accelerate its electric vehicle strategy, Volkswagen's China Comeback Faces Fresh Doubts as Sales Keep Falling

AsiaBusinessOutlook >> Nio Latest Addition to China's List of Permitted EV Manufacturers

Electric vehicle maker Nio has been added to China's Ministry of Industry database, allowing the company to produce vehicles in China, according to China's Ministry of Industry website. The website did not provide information on when a manufacturi..., Nio Latest Addition to China's List of Permitted EV Manufacturers