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29. April 2024
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Tag: car

Retail Asia29/11/2021
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Automotive

Nissan Plans 50% Electric Vehicle Sales By 2030

4min0
Automaker Nissan wants half its global sales to be electric or hybrid vehicles by 2030 and plans to plough billions of dollars into the effort, it announced Monday. The move follows in the footsteps of other major global automakers, which have increasingly signaled a move towards electric and hybrid vehicles as concern about climate change […]
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Retail Asia26/11/2021
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Automotive

Car registration fee cut by half again

1min0
A government decree has cut registration fees for locally made cars by 50 percent for six months starting December 1. This is the second time in the last two years such a cut is being made to mitigate the difficulties faced by the auto industry due to the Covid-19 pandemic. In the first six months […]
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Retail Asia23/11/2021
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Automotive

Car imports surge

1min0
The number of imported cars in Vietnam rose 61 percent to 129,733 units in the first 10 months this year. Passenger vehicles saw a rise of 50 percent to 90,029 units, according to Vietnam Customs. In October, the three major import markets were Thailand with 8,320 units, followed by Indonesia, 3,925, and China, 1,733. Over […]
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Retail Asia19/11/2021
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Automotive

Volkswagen Powers Up The Grid To Take On Tesla

4min0
Volkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more alliances to take on Tesla in a key electric vehicle (EV) battleground: power infrastructure. By ensuring there are enough fast-charging plugs – and enough power – for the EVs it wants to sell, […]
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Retail Asia18/11/2021
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Automotive

REE Unveils Leopard, A Fully Autonomous Concept Vehicle

2min0
REE Automotive revealed its autonomous concept vehicle based on a brand new ultra-modular EV platform design. The full-scale concept is geared for customers including last-mile autonomous and electric delivery companies, delivery fleet operators, e-retailers, and technology companies seeking to build fully autonomous solutions. Leopard’s design and specifications are the results of collaborative work with leading […]
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Retail Asia17/11/2021
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Automotive

Auto sales hit six-month high

1min0
Vietnam auto sales reached 29,797 units last month, the highest since April, indicating demand recovery after prolonged social distancing. This is the second monthly sales rise in a row after a chain of five dropping months from April to August when the fourth Covid-19 wave hit, according to a report by Vietnam Automobile Manufacturers Association […]
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Retail Asia16/11/2021
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Automotive

McLaren Denies Being Acquired By Audi

4min0
Earlier in the day, reports had emerged that Audi had closed a deal to acquire the entire McLaren group. Audi had been exploring an acquisition of the McLaren Formula 1 team to facilitate its entry into the pinnacle of motorsport in 2026 when the new engine formula come into the sport. It had been open […]
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Retail Asia09/11/2021
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Automotive

Self Driving Startup Momenta Raises $500 Million

2min0
Chinese self-driving startup Momenta has raised $500 million in a Series C funding. This round of funding comes after GM invested $300 million in the startup. This means now Momenta is valued at over $ billion. Momenta’s product portfolio includes advanced driver assistance systems which it sells to OEMs like GM and another tier 1 […]
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Retail Asia05/11/2021
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Automotive

Vietnam’s VinFast eyes over $200 mln capital investments in California

1min0
VinFast said Friday it will make over $200 million in capital investments and place its U.S. headquarter in California as part of its plan to expand operation in North America. VinFast, the automobile arm of Vietnam’s largest conglomerate Vingroup, became the country’s first fully-fledged domestic car manufacturer when its gasoline-powered models built under its own […]
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Retail Asia03/11/2021
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Automotive

Toyota Joins Opposition To Proposed US EV Tax Credit

3min0
Toyota urged Washington on Tuesday not to “play politics” with environmental issues by offering tax credits for US-made electric vehicles, joining a chorus of foreign opposition to the issue. President Joe Biden’s focus on helping blue-collar American workers led to a proposal in his Build Back Better legislation to offer $4,500 in tax credits for […]
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Retail Asia01/11/2021
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Automotive

Maserati And Hiroshi Fujiwara Launch Limited-Edition Capsule Collection of Streetwear Fashion

2min0
Italian automaker Maserati and Fragment founder Hiroshi Fujiwara, one of the most influential designers in streetwear fashion collaborated for the first time earlier this year for the global launch in Tokyo of Maserati meets Fragment. The collaborators have come together once again for the launch of the Fragment meets Maserati, a limited-edition capsule collection of […]
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