AsiaBusinessOutlook >> Hyundai Motor sells 1 mn 'green' cars, shows data

Hyundai Motor Group's cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market, data showed on Monday. The automaking giant said its two carmaking affiliates -- Hyundai Motor C, Hyundai Motor sells 1 mn 'green' cars, shows data

AsiaBusinessOutlook >> Sansera Engineering is on the verge of receiving a Rs 300-400 crore order from BMW Motorrad

Bengaluru-based Sansera Engineering, a high precision component maker, is in an advanced stage to grab its first order from BMW Motorrad worth about Rs 300-400 crore, for the supply of aluminium forging components, reports said., Sansera Engineering is on the verge of receiving a Rs 300-400 crore order from BMW Motorrad

AsiaBusinessOutlook >> Toyota To Issue JPY 100 Billion In Green Bonds

Toyota Motor Corporation announced on Friday that it will issue 100 billion yen ($740.5 million) in sustainable bonds. The world's largest automaker by sales said it would use the bond proceeds for R&D and capital investment in battery electric ve..., Toyota To Issue JPY 100 Billion In Green Bonds

AsiaBusinessOutlook >> The Realm of Electrical Vehicles in China: The Present and The Beyond

Traditionally, despite mutual partnerships, Chinese OEMs could not compete with the combustion engine platforms of established car manufacturers, such as Toyota, Volkswagen, or Daimler, who are backed by years of extensive experience and technology., The Realm of Electrical Vehicles in China: The Present and The Beyond

AsiaBusinessOutlook >> Chinese Firm Sinotruk Forays UAE Market with new passenger vehicle brand

Sinotruk, a trailblazer in the heavy-duty truck sector and China's top vehicle exporter, has recently joined the UAE passenger vehicle market under its new label, VGV (Visionable Global Vanguard). Founded in 1930 and recognized for its technical..., Chinese Firm Sinotruk Forays UAE Market with new passenger vehicle brand

AsiaBusinessOutlook >> Grab Partners with BYD to Accelerate EV Adoption in Southeast Asia

Grab intends to spearhead Southeast Asia's transition to more environmentally friendly transportation by announcing plans to add up to 50,000 BYD vehicles to its fleet of electric vehicles (EVs). , Grab Partners with BYD to Accelerate EV Adoption in Southeast Asia

AsiaBusinessOutlook >> BYD Launches Super-Charging EV Tech, Plans Charging Network in China

BYD unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China., BYD Launches Super-Charging EV Tech, Plans Charging Network in China

AsiaBusinessOutlook >> China to Continue Implementing Tax Breaks for EVs

More than 90 per cent of China's existing new energy vehicle (NEV) models will continue to receive tax breaks on purchases, under new technical requirements unveiled on Dec 11, China's industry ministry said. The technical requirements for NEV eli..., China to Continue Implementing Tax Breaks for EVs

AsiaBusinessOutlook >> Uber Joins Hands with Tesla to Boost EV adoption

Uber is working with Tesla to promote use of electric vehicles by its drivers in the United States as it works towards becoming emission-free in U.S. and Canadian cities by 2030, the ride-hailing platform told Reuters on Jan 16. It is offering its..., Uber Joins Hands with Tesla to Boost EV adoption

AsiaBusinessOutlook >> Auto giants launch wave of affordable EVs, challenging China's dominance

At this week's Paris Motor Show, a number of Europe's largest automakers debuted affordable electric vehicles (EVs) in an attempt to boost a decline in demand and reclaim some of the market share currently occupied by Chinese companies., Auto giants launch wave of affordable EVs, challenging China's dominance