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BEIJING: China's Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely.
KUALA LUMPUR: Coworking space firm WORQ has secured RM10mil in funding from seven follow-on investors, including the regional investment group Phillip Capital.
JEJU: In a workshop that blends a corporate office with a tool-packed garage, around 20 South Koreans are looking to take on the multi-billion-dollar giants of Uber, Tesla and Google parent Alphabet with a self-driving car of their own.
NEW YORK: The more than a century old car rental firm Hertz Global Holdings Inc
Digital banking likely to open up avenues for small businesses to get financing
TOKYO: It was caged and only hovered for about a minute, but it flew: a new flying car.
SHANGHAI: Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing as well as a new joint venture as the companies seek to develop connected and electric vehicle technologies in China.
ALL it takes is a quick trip to Jakarta to realise that Uber Technologies Inc missed out on the opportunity of a lifetime.
MILAN: Fiat Chrysler Automobiles NV is a “house of brands” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, according to chief executive officer Mike Manley.