Transportation

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.

The company says it is ‘on track’ to start constructing a local plant later this year.

Derailed by delivery issues, Huawei has yet to replicate the successes of its joint venture with Seres for its latest Luxeed S7 electric vehicle model.

Xpeng Motors is aiming to enhance the self-driving experience in China’s major cities by taking inspiration from Google’s Waymo.

“The Vietnamese carmaker’s factory and ride-hail plans offer an ASEAN foothold.