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Baidu plans smart EV company, to make cars at Geely plant -
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.
Coworking space firm WORQ secures RM10m funding
KUALA LUMPUR: Coworking space firm WORQ has secured RM10mil in funding from seven follow-on investors, including the regional investment group Phillip Capital.
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.
Hertz files for US bankruptcy protection as car rentals evaporate in pandemic(Update)
NEW YORK: The more than a century old car rental firm Hertz Global Holdings Inc
Banking sector set for overhaul
Digital banking likely to open up avenues for small businesses to get financing
New Japanese flying car gets off the ground, for about a minute
TOKYO: It was caged and only hovered for about a minute, but it flew: a new flying car.
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.
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.
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.
