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Monday 20 December 2021
India roundup: Investment in manufacturing, renewables continues growing
The indian government will provide a total of US$10 billion to support local semiconductor industry, while car sales are expected to decline by 500,000 units in FY2022 due to chip...
Monday 20 December 2021
Gogoro leverages AI solution to rapidly expand to India, Indonesia and China
After announcing partnerships in 2021 with Hero Moto in India and Gojek in Indonesia, the electric motorcycle and battery swap company Gogoro aims to start producing electrical motorbikes...
Friday 17 December 2021
BYD expanding dealership network in India
BYD India is looking to expand its dealership network to eight major local cities, according to Economic Times and Livemint. Having just launched its first electric...
Tuesday 14 December 2021
India's electric two-wheeler attracts major players
Although EV sales are still low in India, Tracxn data showed that venture capitalists have poured more than US$600 million into the EV value chain so far this year, five times higher...
Tuesday 14 December 2021
Mercedes has aggressive plans for Indian luxury EV market
Mercedes Benz, one of the most popular and iconic luxury carmakers, said they have aggressive plans for the Indian EV market as more customers become interested in the segment. The...
Monday 13 December 2021
India roundup: Hyundai to launch EV lineup by 2028
Hyundai is investing US$530 million in brining more EVs to India, while local EV startup Ola has raised US$139 million in funding with loss narrowed for fiscal 2021.
Friday 10 December 2021
Honda to manufacture battery pack for tricycles in India
Honda Motor has set up a battery-making subsidiary in India targeting the local tricycle market, according to Economic Times. Honda will be the second foreign carmaker after...
Friday 10 December 2021
India to subsidize US$10 billion for semiconductor manufacturing
India officials are allegedly subsidizing US$10 billion in semiconductor manufacturing, according to Reuters citing knowledgeable sources.
Wednesday 8 December 2021
India electric vehicle market supply-constrained: tech startup Matter
The Indian electric vehicle market is growing steadily but there aren't enough products that can meet the demand, according to Matter, a technology startup focusing on electric vehicles...
Tuesday 7 December 2021
Tesla supercharger reportedly spotted in India
Tesla reportedly has installed its supercharger in India, according to Tesla Club India on Twitter as cited by Rush Lane and 91 Mobiles. However, Tesla and the local...
Tuesday 7 December 2021
MediaTek gearing up for robust demand from China handset vendors in 2022
Mobile SoC specialist MediaTek is gearing up for robust demand from its China-based smartphone clients in 2022, as vendors such as Oppo, Transsion and Vivo set aggressive shipment...
Monday 6 December 2021
India roundup: Tata reportedly to manufacture semiconductor in India
Tata reportedly is in talks with a state government to build semiconductor assembly plants. E-scooter maker Ather Energy is raising annual production capacity to 400,000 units, while...
Thursday 2 December 2021
Southeast Asian customers switch from mom-and-pop stores to online stores
The global supply chain went through fundamental changes during the pandemic and these changes are perpetuated by the growing demand for local products – especially for food...
Thursday 2 December 2021
Cloud service providers CloudMile, eCloudvalley expand Southeast Asian operations
Datacenters are opening at a rapid pace in ASEAN countries. Amazon Web Services (AWS) is building new data centers in Jakarta, Indonesia; Microsoft has plans to set up Azure datacenters...
Thursday 2 December 2021
TVS Motors to invest US$160m in building EVs
TVS Motor is investing INR12 billion (US$160 million) in making future cars and EVs within the next four years, following previous raises in capital spending and establishment of...