Chery Automobile is moving ahead with one of the largest IPOs in Hong Kong this year, aiming to raise around US$1.5 billion. Unusually, the Chinese carmaker is relying solely on […]

Grab Malaysia has teamed up with Yinson GreenTech, Power-Up Tech, and BYD Sime Motors to promote the use of electric vehicles (EVs) among its driver-partners. Through a newly signed memorandum […]

Spyne, a Gurugram-based AI-driven visual merchandising platform for the automotive sector, has secured $16 million in a Series A funding round led by Vertex Ventures. Existing investors Accel, Storm Ventures, […]

Hozon New Energy Automobile, the Chinese startup behind the Neta brand of electric vehicles (EVs), is planning an initial public offering (IPO) in Hong Kong. The company aims to leverage […]

Pangyo Techno Valley, located in Seongnam City, Gyeonggi Province, has surpassed the 10,000 passenger mark in just four months since the launch of the autonomous public transportation service, ‘PanTa-G Bus,’ […]

The race in the autonomous vehicle sector is intensifying, attracting diverse participants, from traditional automakers and auto parts suppliers to ICT and software solution providers. Even industry outsiders like Google […]

The company Vestella Lab, led by Jung Sang-Soo, developed an indoor parking navigation system and participated in ‘GITEX 2023’, the largest IT exhibition in the Middle East, from October 15th […]

Chinese electric vehicle (EV) startup WM Motor has officially filed for bankruptcy. The Shanghai Third Intermediate People’s Court has processed the bankruptcy application, as disclosed in a recent announcement on […]

Malaysia’s eco-friendly energy solutions provider, Gentari Sdn Bhd (Gentari), has joined forces with automaker BMW Malaysia (BMW) in a partnership for green mobility services and solutions alongside the deployment of […]

As global warming causes abnormal climate problems around the world, everyone is paying attention to solutions for environmental issues. The automobile industry is also rapidly changing to address these challenges. […]