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PETALING JAYA: Sime Darby Motors Malaysia is optimistic of achieving better sales performance this year in line with the forecast industry growth of about eight per cent. PETALING JAYA: Sime Darby Motors Malaysia is optimistic of achieving better sales performance this year, driven by at least 10 new launches, among others. PETALING JAYA: Sime Darby Motors Malaysia is optimistic of achieving better sales performance this year, driven by at least 10 new launches, among others.
SEOUL (Reuters) -Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG Energy Solution, freeing up both firms to expand in the United States, where electric cars have become a Biden administration priority.
SINGAPORE: Banks are facing billions of dollars in losses after a little-known US investment firm, Archegos Capital Management, defaulted last month on margin calls, forcing a brutal near US$30bil (S$40.4bil or RM124.14bil) stock fire sale.
SEOUL (Reuters) - South Korea's Hyundai Motor Co said on Friday it has decided to suspend production for two days starting on Monday at its Asan plant because of a chip shortage.
WASHINGTON (Reuters) - A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
Apple chief Tim Cook portrayed self-driving cars as an ideal match for the technology giant during an interview released Monday by the New York Times.
US$19bil group bets on electric cars, digital services
Hydrogen could become a common and clean fuel source in the future, potentially powering trains, planes, trucks and factories.
(Reuters) - U.S. robotics company Boston Dynamics on Monday unveiled a new robot called Stretch, designed to perform one very specific warehouse job: moving boxes.