NewsAutomotive parts supplier Mancando raises USD 28 million from investors including Legend CapitalChina’s B2B sector is increasingly attracting VC funds. 1 min read
The deal is valued at USD 3 million and is expected to be completed on October 15, 2019. NewsMalaysia’s iCar Asia to acquire Indonesian car marketplace Carmudi2 mins read
While giant Didi is still burning cash, new contenders are turning profitable. NewsChina’s iconic limousine brand Hongqi taps into ride-hailing sector2 mins read
Tencent’s proposal is part of its further expansion in other sectors. NewsTencent makes acquisition proposal for Chinese car site Bitauto2 mins read
A former director of Ovo, Widodo wants to transform BeliMobilGue into a leading player in its field. InsightsJohnny Widodo of BeliMobilGue on his ambition to dominate Indonesia’s automotive market5 mins read
Toyota aims for half of its global sales to be from EV by 2025 NewsToyota to invest USD 2 billion to develop EV manufacturing in Indonesia2 mins read
EVs are slowly driving into Southeast Asia NewsVietnam is getting a non-profit bus service with 3,000 electric buses1 min read
Nio is relatively late to start its EV charging network but will look to capitalize on a growing market. NewsNio, the ‘Tesla of China’, rolls out EV charging across China1 min read
After the fundraising, Chehaoduo will be valued above $9 billion. NewsAfter picking up $1.5b from SoftBank, Chinese car trading site Chehaoduo says it’ll spend $300m on advertising2 mins read
