Category: Automotive

Retail Asia27/10/2021
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3min0
Michigan-based Our Next Energy, which is developing an advanced battery for electric vehicles, has raised $25 million from investors ranging from German automaker BMW to a clean technology venture firm headed by Microsoft co-founder Bill Gates, the young company said on Monday. Investors in ONE’s Series A round include BMW iVentures, Detroit-based Assembly Ventures and […]

Retail Asia22/10/2021
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3min0
Chinese EV startup Zeekr has announced that its new 001 sedan is now in production. Zeekr is part of the Geely Holding Group which also owns Volvo and Polestar. The first deliveries of the Zeekr 001 will start in China this weekend. Zeekr is a more luxury-focused EV brand, unlike Polestar which is more mass […]

Retail Asia22/10/2021
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4min0
Ducati will be the official motorcycle supplier for the FIM MotoE World Cup, the all-electric racing class at select rounds of the MotoGP World Championship, alongside Moto2 and Moto3. Ducati’s partnership with MotoE is set to begin from the 2023 racing season and will continue through 2026. The news of Ducati supplying MotoE machines has […]

Retail Asia21/10/2021
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3min0
The Land Rover Range Rover is no ordinary SUV and the arrival of the new-generation model is always special. It’s one of the oldest brands in the full-size luxury SUV segment and the next-generation model will rival the likes of the Mercedes-Maybach GLS and BMW X7 and other premium SUVs like the Aston Martin DBX, Porsche […]

Retail Asia19/10/2021
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2min0
Hang Xanh Motors Service JSC (Haxaco), a major Mercedes-Benz dealer in Vietnam, reported a record loss, more than VND33 billion ($1.4 million) in Q3, due to social distancing orders. Revenue in Q3 was VND700 billion, down 59 percent compared to the same period last year. Social distancing measures applied in Hanoi, Ho Chi Minh City […]

Retail Asia15/10/2021
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3min0
Hyundai Motor’s global chief operating officer said on Wednesday the South Korean automaker wants to develop its own chips to reduce reliance on chipmakers. A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year. Hyundai temporarily suspended […]

Retail Asia15/10/2021
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2min0
Japan’s Honda Motor will launch a new electric vehicle brand in China next year, it said on Wednesday, and will only launch battery-electric, hydrogen fuel-cell or petrol-electric hybrid vehicles therefrom 2030. Known for its fuel-efficient internal combustion engines, Honda sold over 1.6 million vehicles in China last year. The new brand will be called “e:N […]

Retail Asia13/10/2021
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1min0
Auto sales in Vietnam plunged 50 percent year-on-year to 13,537 units in September as Covid-19-triggered social distancing forced dealers to close. This is the second monthly lowest figure this year behind August with 8,884 units sold, according to Vietnam Automobile Manufacturers Association (VAMA). In the first nine months, sales rose 5 percent year-on-year, compared to […]

Retail Asia13/10/2021
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5min0
Jaguar Land Rover has trialed the use of secure blockchain technology to ensure full transparency within a sustainable leather supply chain. In a world-first, Jaguar Land Rover partnered with supply chain traceability provider Circular, leading UK leather manufacturer Bridge of Weir Leather Company and the University of Nottingham to trial the use of traceability technology […]

Retail Asia11/10/2021
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1min0
Mercedes-Benz Vietnam is recalling more than 1,700 C200 cars locally assembled from 2014 -2018 to remove a generator-related software bug. The recalled cars were produced between Dec. 2014 to Feb. 2018. Short-circuited diodes in their generator were making coils overheat, leading to fire risks, the carmaker said. The recall will run from Sept. 25, 2021 […]

Retail Asia08/10/2021
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2min0
Due to industry-wide issues relating to the COVID-19 pandemic, the foundation Comité permanent du Salon international de l’automobile, as organiser of the Geneva International Motor Show (GIMS), has announced that the 2022 edition of the show will be canceled. The decision to cancel GIMS 2022 was made with the best interests of both car manufacturers and automotive […]


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