Electric vehicles

Electric vehicles

Tesla shares reach new heights as earnings supercharge rally

Tesla briefly surpasses Facebook as fifth largest US company.

Results

Tesla tops analysts’ profit forecasts as auto margins widen

"It puts them down the path of being the best in class automotive company from a margin perspective."

Electric vehicles

Mercedes accelerates electric-car shift with 40 bil euro push

The manufacturer plans to launch three new all-electric vehicle platforms in 2025
KGI watching Innotek’s automotive sector with great interest, ups TP to $1.12 - THE EDGE SINGAPORE

Manufacturing

KGI watching Innotek’s automotive sector with great interest, ups TP to $1.12

KGI has given a more optimistic target price of $1.12 on Innotek, up from the previous figure of 73 cents.
Oyika plans to raise US$100 mil to expand energy-share services in Southeast Asia - THE EDGE SINGAPORE

Electric vehicles

Oyika plans to raise US$100 mil to expand energy-share services in Southeast Asia

Singapore start-up Oyika is looking to raise US$100 million for its energy-share business in Southeast Asia.
Covid-19 and digital economy changes - THE EDGE SINGAPORE

China Focus

Covid-19 and digital economy changes

Returning to China for retail business in 2021 is not the same environment as it was in pre-Covid-19 times.
Sevak mulls listing transfer to Catalist for fund raising flexibility, as it targets bigger piece of EV market - THE EDGE SINGAPORE

Company in the news

Sevak mulls listing transfer to Catalist for fund raising flexibility, as it targets bigger piece of EV market

Sevak has appointed RHT Capital as its proposed continuing sponsor.

Disruption and Digitalisation

Battery giants hit by slump in China's electric vehicle market

(Nov 22): Contemporary Amperex Technology Co (CATL) and BYD Co saw sharp declines in sales of electrified-vehicle batteries in September as demand weakened in China, where the government is cutting subsidies in the EV sector.

Tech

BM Mobility establishes software company to optimise electric vehicle fleet efficiency

SINGAPORE (Mar 28): BM Mobility on Wednesday announced the establishment of its new company, BMM Solutions, which was formed to develop and sell software solutions to optimise the management and deployment of electric rental vehicles.
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