AsiaBusinessOutlook >> Green GSM & Philippine Bank Sign $32M Deal to Expand EV Mobility

Vietnam-based electric taxi and mobility company Green GSM has entered into a major financing partnership with a Philippine bank, securing a deal worth approximately $32.4 million to support its electric vehicle (EV) expansion plans in the country. , Green GSM & Philippine Bank Sign $32M Deal to Expand EV Mobility

AsiaBusinessOutlook >> How Advanced Composites Are Shaping the Future of Lightweight Vehicles

In an exclusive interview with Thiruamuthan, Senior Correspondent at Asia Business Outlook, Arvind Goel, Vice Chairman of TATA AutoComp Systems, shares insights on how advanced composites are transforming India’s automotive sector. He highlights inno, How Advanced Composites Are Shaping the Future of Lightweight Vehicles

AsiaBusinessOutlook >> Toyota Teams up With BYD To Sell Electric Vehicles in China

Toyota Motor Corp will team up with carmaker BYD to produce and sell electric vehicles in China by the end of the year, three close sources have said... , Toyota Teams up With BYD To Sell Electric Vehicles in China

AsiaBusinessOutlook >> Indonesia to Offer Tax Incentives for EV Automakers

Indonesia will grant tax breaks to automakers planning to build electric vehicle factories on imports of fully assembled electric vehicles by 2025, according to a new presidential decree, as Jakarta attracts more cash. According to the new laws, ..., Indonesia to Offer Tax Incentives for EV Automakers

AsiaBusinessOutlook >> Motor Claims Dynamics in Insurance and Automotive Sectors

The rapid advancements in automotive technology, particularly the rise of electric and autonomous vehicles, are poised to reshape the automotive repair sector globally and specifically in the Middle East., Motor Claims Dynamics in Insurance and Automotive Sectors

AsiaBusinessOutlook >> Volvo Eicher Commercial Vehicles partners with Statiq to accelerate EV adoption

VE Commercial Vehicles (VECV) has signed a Memorandum of Understanding (MoU) with Statiq, a leading EV charging solutions provider, to accelerate the adoption of Eicher’s broad range of electric vehicles, Volvo Eicher Commercial Vehicles partners with Statiq to accelerate EV adoption

AsiaBusinessOutlook >> KG Motors Aims to Launch Japan's Electric Vehicle Market with Mibot

In the rural suburbs of Hiroshima, a Japanese startup is attempting to jumpstart the country's electric vehicle market with the smallest, cheapest car it can build., KG Motors Aims to Launch Japan's Electric Vehicle Market with Mibot

AsiaBusinessOutlook >> Japanese Auto Parts Maker Musashi To Enter Indian Markets

Musashi, a Japanese auto parts maker, has announced its entry into the Indian electric mobility market in collaboration with BNC Motors. The company stated plans to invest Rs 70 crore in the startup's inaugural phase. Musashi India, a wholly owned..., Japanese Auto Parts Maker Musashi To Enter Indian Markets

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