Electric Vehicles

Teo Hock Seng, executive chairman of Hyundai distributor Komoco Motors told The Straits Times that 30,000 electric cars will be produced in Singapore.

Tesla claimed that Pinduoduo’s discounted sale violated the company’s policy that prohibits reselling.

Etsy Payments, the payment processing arm of global marketplace Etsy.com, is now available for merchants in 7 new countries including Morocco and Turkey.

The startup intends to launch its robotaxi service in Shenzhen, Wuhan, and Wuhu in the near future.

With policy support, the move could be a winning play for Nio.

Leadrive Technology is producing automotive inverters since May and supplies its products to clients in China and Germany.

The proposed service promises to streamline public transportation, but infrastructure for EVs needs to be developed too.

MVL hopes to secure brand loyalty of its Tada drivers and kickstart a mobility innovation in Southeast Asia.