AsiaBusinessOutlook >> China's Chery Automobile Forays into UK's Car Rental Market

Chery, an automobile manufacturer, has made a stride toward entering European EV markets after its Omoda image laid out an alliance with UK vehicle rental organization Octopus Electric Vehicles. According to the UK firm, Octopus will rent out... , China's Chery Automobile Forays into UK's Car Rental Market

AsiaBusinessOutlook >> LG in Discussions to Supply Batteries To Tesla From its Arizona Factory

LG Energy Solution said on Friday that it is in "active discussions" with Tesla and other electric vehicle startups about supplying batteries from the supplier's proposed Arizona factory in the United States. LG Energy Solution, which currently su..., LG in Discussions to Supply Batteries To Tesla From its Arizona Factory

AsiaBusinessOutlook >> Zeekr Showcases Innovative Fast Charging Batteries for EVs

Zeekr, the premium electric vehicle brand of Chinese automaker Geely, unveiled lithium iron phosphate batteries that support fast charging on Dec 14. Zeekr is the latest manufacturer to introduce such a battery in a competitive market, as it seek..., Zeekr Showcases Innovative Fast Charging Batteries for EVs

AsiaBusinessOutlook >> Foxconn Chairman Proposes Setting Up Storage Facility in India

Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a Battery Energy Storage System unit in India, its chairman Young Liu said here. With an eye on the electric vehicle segment, Foxconn has been expanding its battery..., Foxconn Chairman Proposes Setting Up Storage Facility in India

AsiaBusinessOutlook >> VinFast collaborates with five partners to strengthen electric vehicle

VinFast Indonesia has officially signed strategic Memoranda of Understanding (MOUs) with Goodyear Indonesia, Dunlop, Denso Sales Indonesia, CARfix, and Scuto Paint. This milestone marks a significant step in VinFast’s strategy, VinFast collaborates with five partners to strengthen electric vehicle

AsiaBusinessOutlook >> Asia Today: EV Expansion, Chip Industry, Trade Deals, Aviation & More

Explore today's top global business news covering AI chips, semiconductor investments, EV manufacturing, aviation, global trade, Red Sea security, and technology-driven market developments., Asia Today: EV Expansion, Chip Industry, Trade Deals, Aviation & More

AsiaBusinessOutlook >> Japan's Nidec increases full-year profit outlook on strong demand

Japan-based Nidec Corp raised its full-year profit outlook by 6% on Tuesday, as the precision electric motor maker benefited from amplified demand from home appliance makers, auto makers and others., Japan's Nidec increases full-year profit outlook on strong demand

AsiaBusinessOutlook >> South Korea's Hyundai Motor joint forces with Michelin to develop EV tires

South Korean automaker Hyundai Motor announced on June 20 that the company would cooperate with French tiremaker Michelin to develop premium products..., South Korea's Hyundai Motor joint forces with Michelin to develop EV tires

AsiaBusinessOutlook >> Hyundai Motors Commences EV Plant Construction in South Korea

Hyundai Motor Co broke ground on a 2 trillion won (US$1.52 billion) dedicated electric vehicle (EV) plant in South Korea on Nov 13, accelerating the automaker's shift to electrification. It is the world's third-largest automaker by sales, plans to..., Hyundai Motors Commences EV Plant Construction in South Korea

AsiaBusinessOutlook >> Nio Collaborates with BYD to Manufacture Batteries for its EVs

Nio, a Chinese electric vehicle manufacturer, has collaborated with its larger competitor, BYD, to procure batteries for a new electric vehicle brand, according to three sources familiar with the situation. This partnership represents a strategic ..., Nio Collaborates with BYD to Manufacture Batteries for its EVs