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...However, 95 per cent of US hydrogen is produced with natural gas in a process that creates large amounts of CO₂....
...In south-east Asia where Toyota has had a decades-long stronghold, BYD’s wide range of offerings is already proving a successful strategy in winning over market share....
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...He added that Cathal Deasy and Giuseppe Monarchi were being appointed co-heads of investment banking and capital markets for Europe, the Middle East and Africa....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Tesla rival Nio has secured a $2.2bn investment from Abu Dhabi-backed CYVN Holdings in a boost for the Chinese electric vehicle maker as Middle East groups and Beijing increasingly join forces in the clean...
...Tucked in Brooklyn’s edgy East Williamsburg neighbourhood there is now a Rivian service centre. Across town, the electric-truck maker has opened a high-end showroom in New York’s Meatpacking District....
...But it requires Hong Kong liquidators to apply for approval to one of three pilot courts in Shanghai, Shenzhen or the south-east city of Xiamen....
...UK private equity group Permira has named David Hirschmann and Ariadna Stefanescu as the unit’s co-heads of credit....
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...At the heart of Sunak’s dilemma is a question that has always dogged HS2: would the tens of billions of pounds of future spending be better spent on smaller capital projects — for example electric car charging...
...A $441mn investment last month by Korean metals giant Posco in a nickel smelting plant on the Indonesian island of Halmahera has taken South Korea’s hard-cash dealmaking in the south-east Asian country to...
...Morgan Stanley analyst Adam Jonas argued last week that the supply of electric vehicles is likely to outstrip demand in 2023....
...Standout LazadaO: 8; L: 8; I: 7; Total: 23The ecommerce business worked with electric vehicle maker Smoot Motor Indonesia to design and launch a fleet of electric motorcycles for delivery drivers in Indonesia...
...A version of this article was first published by Nikkei Asia on March 16 2023. ©2023 Nikkei Inc. All rights reserved....
...“Compared to the rest of the world, South and south-east Asia use more single-use plastic due to its affordability and convenience,” said Prak Kodali, CEO and co-founder of pFibre, which is taking another...
...The House of Representatives railroaded its passage in December, with 90 per cent of lawmakers signing off as co-authors in a show of loyalty to Marcos....
...Hats off to the bright spark in Christie’s marketing department who organised an advert for its forthcoming sale of Adam Lindemann’s collection to appear on the Uber app whenever anyone booked a ride to...
...“It’s not going to be easy,” says Carlos Tavares, chief executive of Stellantis, which added to the increasingly crowded field of electric pick-up trucks this week with the unveiling of an electric version...
...Lazard has hired Wassim Al-Khatib, the former head of Citigroup in Saudi Arabia, as chief executive of its advisory business in the Middle East and north Africa....
...millions of passengers between the west and east of London....
...The potential is greatest in south-east Asia and Japan where there is growing demand for small and low cost electric cars. Rapid growth in these price sensitive markets would justify the valuation gap....
...Later on Tuesday, a second warning was issued to areas covered by the Tohoku Electric Power Company in the north-east of the country....
...Person to watch Orlando Bravo, the billionaire co-founder of Thoma Bravo, has stood out for his ability to raise capital and quickly invest it....
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