The US price of its Model 3 sedan decreased by US$1,250. Go to Source
Author: Tech In Asia Online News
In 50 Words: Renewable Metals gets $8m to upscale battery recycling tech
The Australia-based company will use the funds to construct a pilot recycling plant in Perth. Go to Source
This startup is helping auto workshops rev up for the future
We look at a firm that’s speeding up digital transitions at auto repair shops and examine a startup bringing cultivated pork to Singapore. Go to Source
Can Line Man Wongnai match up to Grab?
We look at Line Man Wongnai’s plans to up the ante and Cainiao’s Hong Kong listing plans are afoot. Go to Source
Is Maxim’s price right to take on Grab, Gojek?
We look at the ride-hailing firm competing with industry giants in Indonesia and Grab shuttering its GrabInvest services. Go to Source
In 50 Words: Delivery Hero in early negotiations to sell Foodpanda to Grab for over $1.1bn
Delivery Hero is considering selling Foodpanda’s operations in certain Southeast Asian markets. Go to Source
Grab shutters AutoInvest, Earn+ products
GrabInvest has advised users to take out their money from both products, which are only available in Singapore, by October 13. Go to Source
In 50 Words: Thailand expects $5b investment from Tesla, Google, Microsoft
Prime Minister Srettha Thavisin said that the investment will include an electric vehicle facility and data centers. Go to Source
Foodpanda deal would cement Grab’s market dominance – if regulators allow it
A Grab-Foodpanda entity will have a market share of 90% and above in the Philippines, Malaysia, and Singapore. Go to Source
In 50 Words: BYD outpaces Tesla in Southeast Asia
The Chinese electric vehicle maker had over 26% of the region’s EV sales in the second quarter of 2023. Go to Source