This integrates the fintech firm’s services – including its e-wallet and BNPL offerings – with the Grab app in the country. Go to Source
Author: Tech In Asia Online News
In 50 Words: Southeast Asia’s young D2C brands grab 23% market share in 2022
Emerging D2C players in Southeast Asia earned US$52 billion in revenue last year, according to new report. Go to Source
In 50 Words: Rapido tests taxi service in Hyderabad, plans further expansion
This would challenge ride-hailing majors like Uber and Ola. Go to Source
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