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14 Apr 2021

Vietnam carmaker VinFast says considering fundraising opportunities

HANOI: Vietnam's first domestic car manufacturer, VinFast, said on Wednesday it is considering various fund raising opportunities and investments, including an equity investment via a special-purpose acquisition company (SPAC) or an IPO.

14 Apr 2021 4
Vietnam carmaker VinFast says considering fundraising opportunities
12 Apr 2021

Mitsubishi Motors to cut output in Japan, Thailand amid chip crunch

TOKYO: Mitsubishi Motors Corp is cutting production by a combined 7,500 vehicles in Japan and Thailand in April due to difficulty in securing computer chips, officials said on Monday.

12 Apr 2021 5
Mitsubishi Motors to cut output in Japan, Thailand amid chip crunch
12 Apr 2021

EV sector optimistic on prospects

Despite a drop in car sales in February because of the new Covid-19 outbreak, the electric vehicle (EV) industry is upbeat, hoping 2021 is another year of significant progress for the development of its infrastructure.

12 Apr 2021 2
EV sector optimistic on prospects
9 Apr 2021

Toyota adds autonomous driving tech to sedans

TOKYO: Toyota Motor Corp has unveiled new models of Lexus and Mirai in Japan, equipped with advanced driver assistance, as competition heats up to develop more self-driving and connected cars.

9 Apr 2021 1
Toyota adds autonomous driving tech to sedans
8 Apr 2021

EA to start making batteries for electric vehicles in June

Energy Absolute Plc (EA) expects to start making batteries for electric vehicles (EVs) at its production factory in Chachoengsao in June.

8 Apr 2021 1
Batteries for electric vehicles
7 Apr 2021

Apple chief talks of self-driving cars

SAN FRANCISCO: Apple Inc's chief executive Tim Cook portrayed self-driving cars as an ideal match for the technology giant during an interview released on Monday by The New York Times.

7 Apr 2021 1
Apple chief talks of self-driving cars
2 Apr 2021

The road not taken: South Korea's self-driving professor

YONGIN, South Korea: Decades before the race to build a self-driving car became a multi-billion-dollar contest between tech giants such as Tesla and Google, a South Korean professor built an autonomous vehicle and test-drove it across the country -- only for his research to be consigned to the scrapheap.

2 Apr 2021
The road not taken: South Korea's self-driving professor
30 Mar 2021

Toyota in hydrogen fuel push

MELBOURNE: Toyota Motor Corp yesterday opened its first commercial hydrogen fuel pump site in the Australian state of Victoria, urging the government to encourage the rollout of more sites to boost the take-up of cleaner cars.

30 Mar 2021 2
Toyota in hydrogen fuel push
26 Mar 2021

Xiaomi to make EVs using Great Wall's plant

China's Xiaomi Corp plans to make electric vehicles using Great Wall Motor Co Ltd's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.

26 Mar 2021 6
Xiaomi to make EVs using Great Wall's plant
25 Mar 2021

Govt ups E-car drive

The government now wants every electric vehicle sold in Thailand to have been produced locally by 2035, five years earlier than its original plan.

25 Mar 2021 31
E-car drive