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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

Green Car Congress

In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.

Asia 326
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BYD signs MOU to discuss EV JV in Singapore; distributing eBUSes and e6 taxis

Green Car Congress

and its wholly owned subsidiary SMRT International Pte Ltd, a multi-modal transport service provider in Singapore, have signed a Memorandum of Understanding (MOU) with BYD Company Limited to enter into discussions regarding the possibility of establishing a joint venture to distribute BYD’s eBUSes and e6 Taxis in Singapore.

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Archer Aviation finds a partner to commercialize eVTOL travel in Korea, demo flights coming in Q4

Baua Electric

In the fall of 2023, mere days after announcing a deal to launch eVTOL air taxi services across the United Arab Emirates , Archer Aviation completed a maiden voyage in its flagship Midnight aircraft in its native US. The agreement also entitles KaKaoMobility to the purchase of up to 50 Archer Midnight eVTOLs worth approximately $250 million.

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Toyota-backed U.S. self-driving startup garners $67 million investment

Teslarati

On Monday, Nikkei Asia reported that NTT is investing around 10 billion yen ($66.9 The company plans to make self-driving buses and taxis by 2025, and Bridgestone has also joined Toyota in investing in the company, along with several others. The Toyota-backed U.S. million) into the Michigan-based May Mobility.

Toyota 106
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Singapore introducing stiff new feebate scheme for low carbon cars

Green Car Congress

Singapore will implement a new Carbon Emissions-Based Vehicle Scheme (CEV) on 1 January 2012, providing rebates to qualified new cars, taxis, and imported used cars with low carbon emissions, and imposing an equivalent surcharge on higher emitting vehicles. CEV bandings (Singapore dollars). The CEV will be applicable till 31 December 2014.

Singapore 277
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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

In 2007, Geely signed a joint venture with the British taxi manufacturer Manganese Bronze which saw the two companies produce the TX range of taxis in Shanghai, which are sold in the local Chinese market and also to international markets including the Middle East, Europe and Central Asia.

2012 225
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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

Grab, the leading ride-hailing platform in Southeast Asia, launched its “Grab 4 Indonesia” 2020 master plan, endorsed by Badan Koordinasi Penanaman Modal (BKPM), the Government of Indonesia’s Investment Coordinating Board. Indonesia is Grab’s largest market in Southeast Asia.

Indonesia 150