Transportation

Beijing will order three state-backed automakers to step up R&D spending.

Aircraft dismantling has emerged as a highly lucrative industry in China, outpacing traditional aviation operations amidst growing demand.

The partnership bolsters Huawei’s portfolio of automaking alliances, broadening its presence in the electric vehicle market.

Sony Honda Mobility plans to double its workforce to 500 employees.

BYD, Great Wall Motor, and others gained ground, while Japanese players lost momentum.

The Tesla rival eyes a doubling of outlets in Singapore and the Philippines after entering Indonesia.

It is anticipated to be among the pioneering electric vehicle models to feature Nio’s NT3 platform.

This Singapore-based company is delving into a niche vertical of new energy vehicles, with plans to venture into the Middle East and Southeast Asian markets.