Kia sold 2.71 crore shares at 50.55 rupee (US$0.59) per share, worth 137.3 crore rupee (US$16 million). Go to Source
Author: Tech In Asia Online News
Indonesia to build $7b EV battery ecosystem by June 2025
The project will cover the entire EV battery supply chain, including nickel mining, refining facilities, and HPAL technology. Go to Source
Toyota Industries board to review $42b buyout plan
Since news of the proposal in April 2025, Toyota Industries’ stock has risen over 40%, though recent gains were modest. Go to Source
Tesla execs question Elon Musk following $25k EV cancellation
Sources familiar with the matter indicated that Musk’s post on X, labeled the report as “lying.” Go to Source
Indian EV battery-swapping firm Battery Smart nets $29m series B
Battery Smart has facilitated over 74.9 million battery swaps and onboarded more than 68,000 electric vehicle drivers. Go to Source
McGill, DeepMind’s SCAR speeds up AI training with fair rewards
This new method could help AI better align with human values. Go to Source
Toyota targets 20% plug-in hybrid EV sales in US by 2030
Toyota has improved PHEV performance, with the redesigned RAV4 PHEV offering up to 50 miles of electric-only range. Go to Source
Chinese battery maker Hithium to open $100m US factory
Hithium plans to increase overseas revenue from 30% last year to 50% by 2028. Go to Source
Air taxi maker Joby shares up 13% after Toyota’s $250m boost
The partnership, first revealed in October, aims to help Joby certify and produce its eVTOL. Go to Source
Thailand widens EV perks as Japan-China auto rivalry accelerates
Observers say the latest policy enhancement aims in part to placate non-Chinese players in the market. Go to Source