AsiaBusinessOutlook >> ACE Sersol Bhd and Thai Energy Group Join Hands to Produce EVs in SEA

Malaysia, Indonesia and Thailand will see the budding transformation of its two-wheeler market with the introduction of electric motorbikes and scooters in a big way from 2023 onwards... , ACE Sersol Bhd and Thai Energy Group Join Hands to Produce EVs in SEA

AsiaBusinessOutlook >> Mitsubishi Electric to Invest $1 Billion in its Supplier Coherent

Coherent, a key supplier of materials used to create chips for the automobile sector in the United States, announced on Oct 10 that Denso and Mitsubishi Electric of Japan will invest $1 billion in the company's silicon carbide division. According ..., Mitsubishi Electric to Invest $1 Billion in its Supplier Coherent

AsiaBusinessOutlook >> Nissan Motors Announce Construction of Second Battery Plant in USA

Nissan Motor Co Ltd raised its sales targets for electrified vehicles on Monday and announced the construction of a second battery plant in the United States, as the automaker seeks to catch up in an industry increasingly dominated by newer player..., Nissan Motors Announce Construction of Second Battery Plant in USA

AsiaBusinessOutlook >> India Witnesses 120% Surge in EV Sales, 400% Hybrid Vehicles Sales: CyberMedia Research

In accordance with a report released on Aug 21 India saw a 120% increase in electric vehicles (EVs) in the second quarter of this year, driven by a 400% increase in hybrid vehicles. According to a CyberMedia Research (CMR) report, assistance syste..., India Witnesses 120% Surge in EV Sales, 400% Hybrid Vehicles Sales: CyberMedia Research

AsiaBusinessOutlook >> Location Intelligence Driving Higher Adoption of EVs

The foremost concern for most EV owners is the distance that they can travel on a single charge Thus, it is extremely critical for automobile OEMs and charging point aggregators to strategically set their charging stations in such a way that th, Location Intelligence Driving Higher Adoption of EVs

AsiaBusinessOutlook >> How Regional Players Are Reshaping Global Competition

The electric vehicle sector is evolving rapidly, driven by agile startups that analyze market data to emphasize a strategy, identify target segments, and select the best product offerings. , How Regional Players Are Reshaping Global Competition

AsiaBusinessOutlook >> Suzuki and Toyota Face Obstruction from India's Hybrid Vehicle Reforms

Auto companies such as Maruti Suzuki, Toyota and Honda, G20 Sherpa Amitabh Kant announced on Tuesday that the government will maintain a large duty differential between electric vehicles and hybrids to promote zero..., Suzuki and Toyota Face Obstruction from India's Hybrid Vehicle Reforms

AsiaBusinessOutlook >> British Luxury Automaker Forays into Indian Markets

British luxury car maker Lotus Cars made an official and grand entry into the Indian car market on Nov 9. In collaboration with Exclusive Motors of the Asian country in the field of retail sales and services of the Lotus brand, the car manufacture..., British Luxury Automaker Forays into Indian Markets

AsiaBusinessOutlook >> Nissan to Transition to EVs in Britain's Automobile Markets

Nissan is investing £1.12 billion ($1.4 billion) to produce electric versions of two of its most popular crossover models at its UK plants, aiming to revive the country and its continuously transitioning car industry with electric vehicles. The J..., Nissan to Transition to EVs in Britain's Automobile Markets

AsiaBusinessOutlook >> Honda CEO Apologises After Historic Loss, Wins Shareholder Support

Honda Motor Co., President and CEO Toshihiro Mibe has secured shareholder backing despite apologising for the company's disappointing financial performance at its annual general meeting in Tokyo. Shareholders approved Mibe's reappointm..., Honda CEO Apologises After Historic Loss, Wins Shareholder Support