Business
Saic’s India venture to invest up to US$440 million on expansion, deepen bet on hybrids, EVs
The loss-making carmaker has struggled to grow its presence in India after New Delhi in 2020 sought to limit investments from Beijing MG…
Tag
EVs
Business
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Stellantis shares fell the most on…
Business
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 A relentless sell-off in…
Business
Vicom sets up S$60 million integrated hub to adapt to EVs, complex industrial testing needs
The five-storey facility consolidates vehicle inspection and non-vehicle testing services in one location Vehicle inspection service…
Business
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward…
News
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to…
Business
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across the region Ride-hailing…
Business
BlueSG disposes old EVs ahead of relaunch in 2026
Ahead of its planned relaunch in 2026, car-sharing service BlueSG has disposed of its entire fleet of hundreds of electric vehicles (EVs).…
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Schneider Electric gears up to meet tsunami of power demand from AI, EVs, global warming fallout
Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.…
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Schneider Electric gears up for tsunami of power demand from AI, EVs, global warming fallout
Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.…
Business
As EVs dominate, why are Esso petrol stations being acquired and what will the future look like?
The purchase of petrol stations – a ‘sunset’ industry – comes at a time where EV-maker BYD is outselling long-time king Toyota Indonesia’s…
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The human cost of Xiaomi’s rapid pivot from smartphones to EVs
The company still has a long way to go before it could break into the elite club of automakers Months before he dropped to the floor in…
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EVs put an end to China’s usual holiday surge in petrol use
Tianyu Jiang took a 2,000-km road trip this month during China’s national holiday week, driving in his electric vehicle from the…
Business
China signals it will pull plug on subsidies for EVs with five-year plan exclusion
Analysts say the country’s EV industry is now world-leading and considered mature [SHANGHAI/BEIJING] China has sent a clear signal that it…
Business
Tesla teases Tuesday event as focus shifts to affordable EVs
The teaser follows Tesla’s record quarterly deliveries for the three months ended September [AUSTIN, Texas] Tesla on Sunday (Oct 5) teased…
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Singapore car buyers prefer hybrid EVs to fully electric: Deloitte study
This comes as consumers seek to lower fuel costs and emissions without the need to rely on charging infrastructure Consumers in Singapore…
Business
Chinese EVs set to gain share in Singapore as rebates extended
More EV makers from the world’s biggest automobile market are also launching in the city-state Chinese automakers such as BYD look set to…
Business
Renault to add cheaper batteries for affordable EVs, accelerate transformation in face of Chinese competition: CEO
French automaker Renault will introduce more affordable batteries for EVs and speed up development times for all models to better compete…
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VW unveils affordable EVs to take on Chinese rivals
Volkswagen has made considerable cost savings on the cars by sharing technology across the different models Europe’s top car manufacturer…
Business
Tesla grabs top spot in market where almost all new cars are EVs
Tesla accounted for more than a fifth of new car sales in Norway in August, with electric cars as a whole accounting for 97 per cent of…
Business
Europe car sales gain most in 15 months as consumers warm to EVs
Europe’s new-car market rose the most in 15 months in July, as consumers shrugged off concerns over the global economy to splash out on…
Business
BYD ships first made-in-Thailand EVs to Europe
Just over a year after Chinese auto giant BYD invested nearly half a billion dollars in a new plant in Thailand’s Rayong province, the…
Business
Vietnam’s richest man shifts strategy after US$14 billion bet on EVs
Pham Nhat Vuong spent billions of US dollars on an unsuccessful push to turn his upstart electric automaker into a major player in the US…
Business
China’s Chery to supply tech to help India’s JSW launch own EVs
China’s Chery Automobile will supply technology and components to billionaire Sajjan Jindal’s JSW Group to help launch a new-energy…