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Founder of EV maker VinFast launches global charging stations venture
THE founder of Vietnamese electric vehicle (EV) maker VinFast on Monday (Mar 18) launched an EV charging stations company, V-Green, which he said would prioritise supporting VinFast vehicles globally. V-Green,…
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Founder of Vietnam EV maker VinFast launches global charging stations venture
[HO CHI MINH CITY] Pham Nhat Vuong, the Vietnamese billionaire founder of Vingroup, has spun off a new company from VinFast that will build on its charging-network infrastructure, freeing up…
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In Climate Push, German Chemical Maker Swaps Oil For Sugar
At one of Europe’s largest chemical complexes, German group Covestro is trialling the manufacture of a key product using sugar as a base material instead of oil, as the industry…
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Tyre maker Michelin to invest 300 million euros in Thailand
THAILAND’S government said on Friday (Mar 8) French tyre maker Michelin planned to invest 300 million euros (S$436.8 million) in the South-east Asian country over the next three years to…
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China’s top solar panel maker calls on Beijing to control prices
CHINESE solar giant Longi Green Energy Technology is calling on Beijing to crack down on low prices and ensure panel quality as excess capacity and fierce competition spur company failures.…
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Troubled EV maker Fisker said to be in talks with Nissan
FISKER is in talks with Japan’s Nissan Motor, people familiar with the matter said on Friday (Mar 1), as the electric vehicle (EV) maker seeks a lifeline from liquidity challenges…
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Chip-tool maker ASM issues disappointing outlook, shares plunge
ASM International projected revenue this quarter that fell far below market expectations, signalling that the Dutch chip equipment maker is continuing to grapple with an uneven recovery in global demand…
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Chinese EV maker Nio announces tech licensing deal with Forseven
CHINESE electric vehicle maker Nio Inc’s subsidiary NIO Technology (Anhui) Co has entered into a technology licensing deal with Forseven, a unit of Abu Dhabi-based CYVN Holdings, Nio said in…
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Walmart Says It Will Buy TV Maker Vizio For $2.3 Bn
Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant’s advertising venture as growth slows in its legacy business from the pandemic boom.…
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Walmart will buy TV maker Vizio for US$2.3 billion
WALMART announced on Tuesday (Feb 20) it will buy smart television maker Vizio for US$2.3 billion in cash, boosting the retail giant’s advertising and media businesses. The US shopping behemoth,…
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Chinese EV maker HiPhi suspends operations for six months
CHINESE electric vehicle maker Human Horizons Group suspended operations for at least six months, adding to signs of an enduring squeeze in the industry as growth slows. The Shanghai-based manufacturer…
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Chinese EV maker Xpeng to hire 4,000, invest in AI
CHINESE electric vehicle maker Xpeng said it would hire 4,000 this year and invest millions in artificial intelligence, as it seeks to survive what it describes as a “bloody sea”…
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New AI-video tool by maker of ChatGPT worries media creators
A NEW artificial intelligence tool that promises to create short videos from simple text commands has raised concerns along with questions from artists and media professionals. OpenAI, the creator of…
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New AI-video Tool By Maker Of ChatGPT Worries Media Creators
A new artificial intelligence tool that promises to create short videos from simple text commands has raised concerns along with questions from artists and media professionals. OpenAI, the creator of…
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Top AI memory maker SK Hynix may add to 95% rally
INVESTORS are bullish on the chance for more gains in shares of Nvidia’s top memory supplier SK Hynix, which remain cheap even after a huge runup. The South Korean company’s…
