electric car

Global car giants seek tech allies in China's cutthroat EV market

May 08, 2024 | 16:00

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

Chinese smartphone giant Xiaomi unveils first electric car

December 29, 2023 | 09:40

Chinese consumer electronics giant Xiaomi unveiled its first electric car model on Thursday, with its boss declaring ambitions of becoming a global automotive powerhouse despite fierce competition at home.

Hyundai opens high-tech Singapore electric car factory

November 22, 2023 | 15:57

Hyundai opened a high-tech electric vehicle factory in Singapore on Tuesday that the South Korean auto giant says will be a "pillar" of its electrification strategy in the coming decades.

Small but promising EV market on rise

June 28, 2023 | 09:15

A number of electric car manufacturers in Vietnam plan to launch mini models, with the world increasingly interested in and strongly committed to reducing emissions.

Aston Martin agrees US-Saudi electric car deal

June 27, 2023 | 14:00

Aston Martin on Monday announced a deal with US-Saudi electric vehicle specialist Lucid Group to help make the British group's luxury 'green' cars.

BMW to invest $1.7 bn in electric car production in US

October 21, 2022 | 18:00

German carmaker BMW said Wednesday it will invest $1.7 billion in the production of electric vehicles in the United States.

Vietnam’s electric car market expected to blossom in 2022

February 13, 2022 | 09:23

The debut of new electric car models of various automakers heralds a prosperous year for Vietnam's electric vehicle market.

Rolls Royce announces fully electric car for late 2023

September 30, 2021 | 10:13

Rolls-Royce on Wednesday announced its first fully electric car, the "Spectre", will be available in late 2023, the luxury BMW group brand adding that all its vehicles will be electric by 2030.

Europe to boost battery production as electric shift accelerates

July 25, 2021 | 11:58

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.

VinFast E34 to dominate electric arena

March 31, 2021 | 17:27

Vietnamese carmaker VinFast has announced the global debut of the country’s first electric car, while pushing a battery system that hopes to reshape travel trends.

Tesla shares fall on reports of SEC subpoena

August 16, 2018 | 10:01

Shares of Tesla fell on Wednesday (Aug 15) following reports US securities regulators have subpoenaed the electric car manufacturer's Chief Executive Elon Musk over his statements about taking the company private.

Tesla to cut 9pc of staff, says layoffs won't affect Model 3 production

June 13, 2018 | 10:12

Electric car manufacturer Tesla Motors announced on Tuesday (Jun 12) it was cutting nine per cent of its workforce to enhance profitability but said the move would not affect an ambitious production ramp-up of its Model 3 sedan.