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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing.

Asia 199
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Toshiba’s Visconti 4 image recognition processor selected by leading Chinese manufacturer for ADAS

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Toshiba Electronic Devices & Storage Corporation announced that Zhejiang Asia-Pacific Mechanical & Electronic Co. APG), one of China’s leading manufacturers of vehicle braking systems, will deploy the Visconti 4 image-recognition processor in its next-generation advanced driver assistance system (ADAS). billion.

Chinese 221
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Toyota begins collaboration with Grab on ride-hailing service in Southeast Asia; MSPF

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Toyota Motor Corporation (TMC), Toyota Financial Services Corporation (TFS), Aioi Nissay Dowa Insurance (Aioi) and Grab, Inc. Grab), the largest ride-hailing service company in Southeast Asia, are collaborating to provide ride-hailing services throughout Southeast Asia. Earlier post.).

Asia 150
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Daimler to split into two pure-play companies: cars & vans, trucks & buses

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Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. Mercedes-Benz is the world’s most valuable luxury car brand, offering the most desirable cars to discerning customers.

Companies 497
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Evonik investing in fumed aluminum oxide production plant expansion in Japan for battery applications

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The facility will be the company’s first alumina plant in Asia, focusing on the production of specialty solutions for lithium-ion battery technologies, used for electric vehicles. If all EV cars used batteries with AEROXIDE by 2025, around 90,000 t of CO 2 could be saved, according to the company.

Japan 243
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DENSO and USJC announce mass production shipment of automotive IGBTs, targeting expanding EV market

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USJC), a subsidiary of global semiconductor foundry United Microelectronics Corporation (UMC), announced a joint collaboration to produce insulated gate bipolar transistors (IGBT), which have entered mass production at the 300mm fab of USJC. Battery and plug-in electric cars require significantly more IGBT units than conventional ICE cars.

Taiwan 210
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TTTech Auto gains US$285M investment from Aptiv and Audi

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The investment will enable TTTech Auto to accelerate progress in three strategic areas: expanding its product portfolio for automotive manufacturers and its technology partners; expanding internationally in key regions; and extending its capabilities through strategic M&A and product investments.

Audi 186