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Business 04 Jun 2020 | 7:00 AM

South Korea’s self-driving upstarts take on tech giants

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.

Business 25 Jul 2019 | 8:08 AM

Toyota to invest US$600m in China's Didi, new JV to develop mobility services

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.

Business 03 May 2019 | 12:00 AM

What Uber left behind in Asia

ALL it takes is a quick trip to Jakarta to realise that Uber Technologies Inc missed out on the opportunity of a lifetime.

Business 30 Apr 2019 | 12:00 AM

Fiat Chrysler CEO sure carmaker can survive tech disruption

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.