The project, led by Japanese battery maker AESC, will produce batteries for up to 100,000 EVs annually. Go to Source
Author: Tech In Asia Online News
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
Grab circles Comfort’s taxi turf
Taxi wars, redux: Grab eyes ComfortDelGro’s turf. Plus: why some founders dread the pressure that comes with turning a profit. Go to Source
Tesla sales drop in Spain, Europe as BYD gains around
Across Europe, Tesla’s sales dropped by 37.2% in the first four months of the year. Go to Source
Grab appoints new managing director for Singapore
Alejandro Osorio’s role in Grab’s Vietnam office will be assumed by Ma Tuan Trong, presently the company’s commercial head in the country. Go to Source
Peak XV-backed EV battery firm faces debt, layoffs, pivot woes
Despite raising over US$60 million, Log9 is burdened by debt, legal disputes, and significant layoffs. Go to Source