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JAKARTA (The Jakarta Post/ANN): Indonesia has inked a US$1.1 billion (Rp15.9 trillion) deal with a consortium of South-Korean companies to build an electric vehicle (EV) battery cell factory that will employ around 1,000 workers.
KUALA LUMPUR: The expected delay for Edra Energy Sdn Bhd to start its 2,242 MW combined-cycle, gas turbine (CCGT) power plant in Alor Gajah, Melaka will not pose a credit concern in the immediate term, according to RAM Ratings.
SEOUL: Hyundai Motor Co posted its biggest profit in seven years, helped by sales of luxury Genesis cars and Ioniq 5 electric vehicles (EVs), but warned that global chip shortage could impact third-quarter deliveries.
SEOUL: South Korea's Hyundai Motor Co turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin sport-utility vehicles (SUVs) and its premium Genesis cars.
AUSTIN (Reuters) - Self-driving startup Argo AI, carmaker Ford Motor Co and ride-hail company Lyft Inc on Wednesday said they partnered to offer robotaxi trips to Lyft customers in Miami and Austin.
FRANKFURT (Reuters) - ChargePoint, one of the world's largest electric vehicle charging networks, on Tuesday said it has agreed to acquire operating software firm has.to.be for 250 million euros ($295 million) to expand its foothold in the European market.
(Reuters) - Toyota's Kalle Rovanpera became the youngest ever winner of a world rally championship event on Sunday with victory in Estonia.
(Reuters) - Asian champions Ulsan Hyundai have signed South Korea international Yun Il-lok on a free transfer from French side Montpellier.
The AirCar by Slovakia-based company Klein Vision completed a 35-minute journey from Nitra to Bratislava in the country recently, hailing an exciting new period in 21st century transportation.