These companies aim to establish a presence in urban air mobility, contributing to the emerging low-altitude economy. Go to Source
Author: Tech In Asia Online News
This Didi spinoff nets $41.6m to scale driverless trucks in China
Carl Robotics is currently testing autonomous truck platoons in northern and northwestern China. Go to Source
Indonesia’s EV battery bet falters amid global, local pressure
While investors are pulling out amid policy gaps and red tape, nickel’s decreasing popularity may be the main risk for Indonesia’s EV supply chain ambitions. Go to Source
Nissan Q4 result cuts Renault Group’s income by $2.45b
The decrease is linked to impairments and restructuring costs associated with Nissan’s turnaround efforts. Go to Source
UK announces $1.33b investment for EV battery gigafactory
The project, led by Japanese battery maker AESC, will produce batteries for up to 100,000 EVs annually. Go to Source
ID antitrust agency yet to receive Grab-GoTo notice
Reports suggest Grab is preparing documentation and financing for the acquisition and targeted for completion by Q2 2025. Go to Source
Ex-Swedish EV battery firm execs launch AI firm in manufacturing
The startup has received early-stage funding from investors, including Earlybird, Village Global, AENU, and Planet A. Go to Source
Tesla’s ‘robotaxi’ name too generic for trademark approval
Tesla’s application for ‘Robotaxi’ was filed in October 2024 to cover electric cars and parts. Go to Source
Foxconn unit to make EVs for Mitsubishi
Under the MoU, Foxtron will develop and supply an EV model to Mitsubishi as an original equipment manufacturer (OEM). Go to Source
Grab said to strike a deal to acquire GoTo in Q2 2025
Grab is said to have engaged advisors to assist with the process. Go to Source