The agreement is expected to boost Ree’s order backlog from US$150 million toward US$1 billion. Go to Source
Author: Tech In Asia Online News
Nio, CATL ink strategic deal on battery swapping
The partnership aims to standardize battery-swapping technology for Nio’s passenger vehicles. Go to Source
Hyundai, Kia lead South Korea’s EV market with 70.4% share
In contrast, the share of imported EV brands dropped to 26.4%, down from 34.9% in the previous year. Go to Source
Cambodia eyes the big leagues after Grab bets on local firm
Grab’s deal with local firm Nham24 has cast a beam on the often-overlooked market. But there’s more work to be done. Go to Source
Grab CEO warns AI crucial for growth, non-users risk lagging
Anthony Tan aims to expand AI adoption across Grab’s 7,000-employee workforce. Go to Source
Tesla China sees Model Y orders surge after 51.5% sales drop
Tesla’s updated Model Y SUV starts at US$36,292 in mainland China. Go to Source
Grab, Gojek CEOs agree to give Eid holiday bonuses to drivers
Attendees included the CEOs of GoTo and Grab, highlighting a strong interest from industry leaders. Go to Source
Grab partners with autonomous tech firms for AV expansion
Grab is exploring various autonomous vehicle applications, including delivery bots and shuttles. Go to Source
The women driving SEA’s top startups
More: The women leading the way at SEA’s top-funded companies and an Indian edtech firm’s lending arm raises fresh funds. Go to Source
Tesla signs lease deal for first showroom in India
Tesla’s Mumbai showroom will cover 4,003 square feet, making it its flagship location in India. Go to Source