Singapore is seeing a surge in Chinese electric vehicle brands like Zeekr and Xpeng as EV adoption ramps up by increasing charging ports and incentives.
Automotive
Rolls-Royce Launches Exclusive VIP Showroom for Ultra-Wealthy Clients Hoping to Buy Custom Cars
Rolls-Royce opens an exclusive Private Office in New York, Manhattan for ultra-wealthy clients seeking customized cars.
EU Tariffs on Chinese EVs Threaten Trade Relations and Prices
The EU has imposed new tariffs of up to 45% on Chinese electric vehicles to protect its car industry from perceived unfair subsidies.
Volvo Joins GM and Ford in Dropping 'Ambitious' Electric Vehicle Sale Due to Tough EV Market
Volvo has revised its 2030 goal from exclusively electric vehicles to offering a mix of electric and plug-in hybrid models due to slower EV demand and new trade tariffs.
Kilows: Crushing Barriers to Widespread Electric Vehicle Adoption with Transformative Charging Infrastructure Solution
Kilows integrates patented components into an energy storage system that transforms the way charging stations are deployed. Unlike conventional deployment methods that rely on large-scale grid connections, which are impractical, expensive, and unavailable where they are needed most, Kilows technology enables rapid modular deployment and high-power charging where power is minimally available.
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Recent Highway Loss Data Institute research shows that Hyundai and Kia's software upgrades have cut vehicle theft rates by 64% since February 2023.
Malaysia has launched its first home-grown electric vehicle, the Proton e.MAS7, to strengthen its position in the growing Southeast Asian EV market.
Co-founder of SGBI, a leader in robotic testing innovations, Aronin Ponnappan, set out to create solutions that were not only more cost-effective and efficient but that mimicked the capabilities of human touch.
A recent McKinsey survey reveals nearly 30% of global EV owners, with 46% in the U.S., are considering switching back to gasoline cars due to dissatisfaction with charging infrastructure and battery performance.
Foreign carmakers in China face increasing challenges in the EV market. Chinese EV makers are expected to occupy 70% of the EV market by 2030 while facing increasing EU and US tariffs.
General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.
Elon Musk's Tesla shares fell 8% after reports that it would delay its Robotaxi debut by two months.
The CCCS warns that Grab's proposed acquisition of Trans-cab could lead to unfair market dominance in Singapore's ride-hailing sector, reducing competition and boosting driver shortage.
Volkswagen is partnering with QuantumScape to develop solid-state batteries for future vehicles, aiming to enhance the energy storage capacity and safety of 1 million electric vehicles per year.
