For EV maker Rivian, delivery headache hits as market shuts down coffers

(Reuters) - When Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon.com Inc-backed electric vehicle startup that at the time promised to tap in to a niche not served by other automakers.

EV can become key economic contributor

Industry has potential to be a pillar in the future

Hong Kong’s Planto ties up with New Zealand fintech firm Cogo to create awareness about sustainability, launch carbon footprint

Planto, a Hong Kong-based online banking solutions provider, has partnered with Cogo, a New Zealand-headquartered carbon footprint tracking fintech firm, to develop a software for the city’s banks that encourages consumers and small businesses to cut their greenhouse gas emissions.

South Korea looks to break China import dependence and establish ‘supply chain alliances’

Hyundai Motor Group to invest $5.5 billion to build EV, battery facilities in U.S

WASHINGTON/SEOUL (Reuters) -South Korea's Hyundai Motor Group said on Friday it plans to invest about $5.54 billion to build its first dedicated full electric vehicle (EV) and battery manufacturing facilities in the United States.

CSH acquires 1.07 acres land in PJ for RM10mil

KUALA LUMPUR: CSH Alliance Bhd has acquired a plot of 1.07 acres of industrial land in Petaling Jaya for RM10mil from M Xpress Sdn Bhd.

South Korea looks to break China import dependence and establish ‘supply chain alliances’

South Korea’s president Yoon Suk-yeol is gearing up to reorganise his country’s trade relations by reducing dependence on China and building “supply chain alliances”.

All that glitters is not gold

From LEONARD YEOH and KHOR WEI WEN, Tay & Partners, Kuala Lumpur.

Renault unveils hydrogen-powered prototype SUV in race to cleaner driving

PARIS (Reuters) - Renault unveiled on Thursday a prototype hydrogen fuel cell-powered sports utility vehicle (SUV), as the French carmaker scrambles to catch up with rivals in the race to cleaner driving.

China in talks with automakers on EV subsidy extension

SHANGHAI (Reuters): China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slows, three people familiar with the matter said.