This is in line with its long-term strategy, says the engineering services provider The company notes that, since listing on the Catalist board in May 2023, it has shown consistent …
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An end of a key federal support is expected to pressure demand The charges comprise a US$1.2 billion non-cash impairment related to EV capacity adjustments and US$400 million for contract-cancellation …
The company is meeting investors this week; deal size may still change EV maker Seres is among the latest to join Hong Kong’s buoyant IPO market. PHOTO: BLOOMBERG [HONG KONG] …
The moves are a marked escalation in a long-standing dispute between the world’s two largest economies over maritime dominance South Korean shipbuilders have offered Washington sweeteners to help the US …
The carmaker aims to produce all EVs for sale in Europe locally within three years, which would help it avoid EU tariffs While it is known that BYD has been …
America is also scheduled to begin collecting fees on Oct 14 Analysts expect China-owned container carrier Cosco to be the most affected, shouldering nearly half of that segment’s expected US$3.2 …
The company’s shares may face short-term pressure, but police citing driver error could limit losses A fatal accident earlier this year involving a Xiaomi SU7 EV on a Chinese expressway …
Aridge is making its latest pitch to become a transport option of choice for the Gulf’s super-rich The modular Aridge X3-F (Air Module of the Land Aircraft Carrier) by China's …
Chinese media and Weibo videos show car crash and fire in early hours of Monday A fatal accident earlier this year involving a Xiaomi SU7 EV on a Chinese expressway …
The stated purpose of the American port fees is to address Chinese dominance of the global shipping sector and provide an incentive for building more ships in the country According …
Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market [SINGAPORE] Within just a decade, Grab has gone full circle from an entrant challenging incumbent …
Since authorities earlier this year stepped up scrutiny of the bruising price war in China that helped fuel the group’s rise, its sales momentum has stalled The photo taken on …
The carmaker shipped 90,812 units from the plant last month, up 2.8% from a year earlier The strong September figure in China signals confidence about demand heading into the fourth …
Since authorities earlier this year stepped up scrutiny of the bruising price war in China that helped fuel the group’s rise, its sales momentum has stalled The photo taken on …
Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market [SINGAPORE] Within just a decade, Grab has gone full circle from an entrant challenging incumbent …
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the rest of the world The deal is the latest in …
The push comes amid growing tension between China and America over a series of economic issues Some US carriers have told the Trump administration that direct East Coast flights to …
The unveiling offers a glimpse into the brand’s EV future, marking a major milestone in the auto industry’s shift from combustion to battery power A view of an electric vehicle …
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track Porsche has struggled to live up to expectations since …
Nearly 5% of its outstanding shares are on loan as at Oct 3 The national postal service provider has been facing challenges operating a postal business that is on a …
Single-aisle jets are the most important product for both the European planemaker and rival Boeing, making up the bulk of their commercial business Airbus has announced plans to make 75 …
This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have pledged not to raise rates From Oct …
The company hopes the cheaper cars will revive sales after global deliveries fell in 2024 for the first time [GDANSK] Tesla’s lower-priced versions of its staple Model Y SUV and …
The world’s largest manufacturer of motorcycles is also producing electric models but it is not clear how many it sells in the country [HANOI] Honda’s dominance of Vietnam’s motorcycle market …
The group says it will now be able to automate ‘important but routine tasks’ such as the transportation of goods The Z10 AV’s deployment on public roads in Singapore marks …
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US Western manufacturers are losing ground in China to homegrown …
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to hopes of near-term revenue growth The Standard versions …
The FAA is about 3,500 air traffic controllers short of targeted staffing levels More than 3,000 flights have been delayed, according to flight tracking data, as staffing shortages have impacted …
Mercedes and its German peers are losing ground in China to homegrown rivals such as BYD and Xiaomi, whose feature-packed EVs are undercutting them on price. PHOTO: REUTERS [FRANKFURT] Mercedes-Benz …
The A320 was launched in 1984 at a time when many questioned whether Airbus would last another decade after painfully launching two wide-body jets. PHOTO: REUTERS [PRAGUE] Europe’s Airbus broke …
Travellers pass through a Transportation Security Administration (TSA) security screening at Hollywood Burbank Airport during the first day of a partial US government shutdown in Burbank, California, Oct 1, 2025. …
The administration has already imposed tariffs on imported steel, aluminium, copper, automobiles and auto parts The new levies are part of a growing slate of industry-specific tariffs Trump is imposing. …
Travellers pass through a Transportation Security Administration (TSA) security screening at Hollywood Burbank Airport during the first day of a partial US government shutdown in Burbank, California, Oct 1, 2025. …
The takeover bid is now is not likely to happen until at least February 2026 The take-private deal, unveiled in June, involves a real estate unit owned by group companies …
United, Delta and American are among the major carriers overhauling their cabin layouts, including adding private suites on some widebody international flights American will begin offering its Premium Economy class …
The teaser follows Tesla’s record quarterly deliveries for the three months ended September Wall Street expects Tesla’s deliveries to jump next year to 1.85 million vehicles, with the cheaper model …
The Shenzhen-based company has spent nearly US$1 billion and assigned more than 1,000 engineers to develop it [HONG KONG] Wang Chuanfu, the founder of BYD, has tried his hand at …
The new CEO has started scrapping some European investments, including a decision to withdraw support for a joint hydrogen-vehicle venture with Michelin and Forvia Stellantis is focused on reclaiming the …
The German luxury-car maker and its Western peers have long enjoyed strong growth in the Asian nation, with renowned precision engineering of combustion-engine vehicles Xiaomi is competing for consumers who …
UK new car registrations rose 13.7 per cent in September to 312,887, with electrified vehicles making up more than half of the registrations for the first time, according to preliminary …
The airline has been more consistent in posting profit than the country’s main state-run carriers [HONG KONG] Chinese budget carrier Spring Airlines is considering a listing in Hong Kong, possibly …
Despite reporting record quarterly deliveries, Tesla faces worries that the expiration of the US EV tax credit could turn the buying rush into a trickle The coalition cited what it …
The jet, already six years late, is of major strategic and financial importance to the company in its duel with Airbus for a bigger slice of the lucrative long-haul market …
Diplomatic ties between the longstanding rivals are on an upswing at a time when US tariffs have added to economic uncertainties in the world’s two most populous nations India’s other …
The deliveries tally offers a preview of the earnings results the company will report Oct 22 Tesla, which reports a combined sales total for the Model 3 and Model Y, …
The autonomous buses will be piloted on services 400 and 191 for three years, starting in the second half of 2026 BYD’s J6 bus, similar to the one that could …
The Chinese automaker has experience working with Western companies Renault has been pursuing partnerships to bring costs down while tapping into growth markets. PHOTO: BLOOMBERG [BEIJING] Renault and China’s Chery …
As part of the global aerospace jigsaw, the planemaker is also courting India Until now, Airbus has said the second Chinese line would open at the end of the year, …
The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units With September and October usually busy months for the auto market …
The move is part of a broader plan announced by the company last year to eliminate up to 14,000 positions ZF, which employs about 30,000 people in the powertrain technology …
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