This would challenge ride-hailing majors like Uber and Ola. Go to Source
Author: Tech In Asia Online News
In 50 Words: Tesla hikes price of Model Y unit in China
The firm raised the price of its high-performance Model Y SUV by around US$1,900. Go to Source
Temasek leads $384m round of Ola Electric
The company said that after launching e-scooters last month, it will roll out electric cars as it ramps up its manufacturing capacity. Go to Source
SG car-sharing platform banks $5m in ComfortDelGro-led round
ComfortDelGro Australia will also provide up to 3,000 vehicles for Drive Mate, which is Drive Lah’s brand in the country. Go to Source
In 50 Words: Tesla joins Ford, GM in voicing fears over EV demand
Elon Musk intends to wait for a more stable economic environment before advancing the proposed factory expansion in Mexico. Go to Source
Vingroup’s e-taxi firm to enter Laos later this year
It will start with a fleet of 1,000 VinFast VF 5 Plus and VF e34 electric cars. Go to Source
In 50 Words: EHang to start trial air-taxi operations in China
The company garnered 1,200 pre-orders for its two-passenger aircraft from markets like Japan, Malaysia, and Indonesia. Go to Source
In 50 Words: Vingroup chair donates shares of battery company to VinFast
The deal will likely improve VinFast’s battery technology capabilities and manufacturing chain. Go to Source
In 50 Words: US-China tensions hinder efforts to cut EV battery costs, SK boss says
Geopolitical tensions between the two countries have prolonged high prices for EV batteries, according to SK Group chairman Chey Tae-won. Go to Source
Selex Motors bets on battery swapping to lead Vietnam’s EV revolution
The electric vehicle startup is raising a US$20 million series A round to scale its ecosystem of e-bikes and battery-swapping stations. Go to Source