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Retail Asia17/09/2021

Lightyear which is a startup that has been developing electric cars based on solar power has announced a $110 million in a round of funding that will enable it Bira its vehicle to the markets The company came to prominence when it was spun out of Solar Team Eindhoven which was basically a group of […]

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Retail Asia01/07/2021

Canoo, the electric car startup which went public recently via a SPAC merger has shared renders of its manufacturing campus that will be built in Oklahoma. Canoo calls it the mega micro-factory and it is scheduled to be opened up in 2023. In the Tulsa region, it is expected to create more than 2000 jobs. […]

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Retail Asia27/11/2020

Tesla Inc plans to start manufacturing electric vehicle (EV) chargers in China in 2021, according to a document submitted to the Shanghai authorities by the U.S. firm which is seeking to expand sales in the world’s biggest car market. Tesla, which now sells its Model 3 electric cars in China and plans to deliver its […]

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Retail Asia03/06/2020

Polestar, the premium electric vehicle maker owned by China’s Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc’s locally made Model 3. Showroom strength is becoming an important differentiator for electric vehicle (EV) makers in the world’s biggest […]

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Retail Asia26/09/2019

Europe’s carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules. German carmakers are accelerating plans to launch electric vehicles, under pressure from a European Union mandate to deliver a 37.5% cut in […]

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Retail Asia05/09/2019

Hyundai-Teases-Electric-Concept-For-The-2019-Frankfurt-Motor-Show-1280x720.jpg

We’ve already told you what Hyundai is bringing to the 2019 Frankfurt Motor show but the company has now teased a new model, and from the looks of it, it is another electric vehicle. The company says that this EV will focus on the future direction of the company’s car design and the inspiration from the […]

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Retail Asia05/07/2019

In another ambitious move, Niti Aayog has proposed that only electric vehicles should be sold in the country after 2030. Government’s think tank had earlier suggested banning all conventional three-wheelers and two-wheelers which are equipped with engines of up to 150 cc. According to Times Of India report, the committee has forward a cabinet note asking to […]

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Retail Asia11/02/2019

Korea needs to give equal emphasis to the development of battery electric vehicles and fuel cell cars, considering the estimated future demand and the country’s competitiveness, a report said Thursday. “It’s a well-known fact that our car manufacturers have the mass-production technology for fuel cell automobiles,” the report from the Korea Institute for Industrial Economics […]

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Retail Asia23/01/2019

Mercedes-Benz Korea is setting its sights on the local eco-friendly auto market with the introduction of an all-electric vehicle (EV) along with hybrid offerings this year. The Korean unit of the German brand announced Thursday that it will be introducing 14 new models to the local market this year including the EQC, the first model […]

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Retail Asia17/01/2019

Frost & Sullivan which is “mildly positive” on growth of total industry volume (TIV) for vehicles in 2019, said a strong incentive policy is required for electric vehicles (EVs) to take off in Malaysia. “Currently what we are waiting for is if the (NAP) National Automotive Policy mentions anything about EV. Unless there is a […]

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Retail Asia16/01/2019

Luxury carmaker Jaguar introduced the I-Pace, its first electric vehicle (EV), to the Korean market Monday at the Paradise City hotel in Incheon, joining a growing number of EV automakers in the country. The luxury brand’s all-electric sport-utility vehicle (SUV) sports an electric powertrain that produces up to 400 horsepower and a 333-kilometer (207-mile) driving […]

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Retail Asia23/11/2018

The National Automotive Policy (NAP) 2019 will be unveiled in the first quarter of next year, and will place emphasis on electric vehicles and new technologies, according to Deputy International Trade and Industry Minister Dr Ong Kian Ming. “The main focus then (NAP 2014) was on energy efficient vehicles (EEVs) and now we are moving […]

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Retail Asia16/11/2018

SK Innovation is supplying electric car batteries to Volkswagen Group along with existing suppliers LG Chem and Samsung SDI, the Korean battery maker said Wednesday. The Volkswagen Group brands plan to launch 50 new fully electric models by 2025, and the group said it needs more battery supplies in a statement Tuesday. SK Innovation was the […]

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Retail Asia29/10/2018

VinFast on Thursday signed a memorandum of understanding with PetroVietnam Oil Corp. to build charging stations for its electric cars and scooters. The company, a unit of Vietnam’s largest conglomerate Vingroup JSC, is building a $3.5-billion scooter and automobile complex in northern Vietnam, with its first production electric scooters slated to hit the streets late […]

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Retail Asia26/10/2018

When James Dyson, the billionaire British inventor of the bagless vacuum cleaner, unveiled a plan to build an electric car plant in Singapore, it raised a few eyebrows. Not only does the land-starved city state have some of the highest average salaries in the world, but it has been nearly 40 years since Ford closed […]

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Retail Asia24/10/2018

Nissan’s Leaf is the first electric vehicle to secure regulatory approval as an energy backstop for Germany’s electricity grid. So-called vehicle-to-grid (V2G) technology is a connection between the EV and the grid through which power can flow from the grid to the vehicle and vice-versa, potentially enabling car owners to sell energy to the network. […]

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Retail Asia17/07/2018

For years, Korea’s electric car market lagged behind that of other countries due to a lack of charging infrastructure and few appealing models. This year marks a turning point, as sales of electric vehicles (EV) grew by more than 150 percent in the first half of 2018 when compared to 2017. According to data from […]

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Retail Asia06/07/2018

Korean hypermarket giant E-Mart plans to install electric car charging stations at all of its outlets nationwide by 2021. The company initiated formal service of nine electric car charging stations in four regions (Sokcho, Gangneung, Geomdan, and Gumi) this week. The stations can accommodate many cars at any given time. From October, E-Mart will be expanding the […]

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Retail Asia09/03/2018

Jaguar Land Rover (TAMO.NS) is waiting for more information on trading conditions after Brexit before it decides whether to make electric cars in its home market, the boss of Britain’s biggest carmaker said. The Indian-owned automaker, which makes just under one in three of Britain’s 1.7 million cars at three factories, is building its new […]

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Retail Asia20/02/2018

Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base. Carmakers face increased legal and regulatory scrutiny over pollution levels produced by their diesel-engined vehicles after Volkswagen (VOWG_p.DE) in 2015 admitted to cheating emission […]

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