According to a Friday article in the Nikkei newspaper, Toyota Motor would increase the manufacture of electric vehicles under its luxury Lexus and Toyota brands.

The U.S. Commerce Department is releasing final regulations on Friday to stop China and other nations that are considered to be a threat to American national security from using subsidies for semiconductor manufacture.

Tata Motors, a well-known domestic automaker, debuted the electric version of its well-liked Ace compact vehicle in Nepal on Friday.

E-commerce behemoth Shein is sending more inexpensive clothing and household goods to U.S. warehouses from China to shorten shipping times for customers.

Due to unstable market conditions, Vietnamese internet startup VNG Ltd has postponed a $150 million U.S. initial public offering (IPO) until next year, a person with direct knowledge of the situation told Reuters.

According to Wood Mackenzie, the EU’s carbon emissions program is projected to dramatically boost the price of steel imports from India and China if completely implemented in 2034, while higher-emissions steel will likely move elsewhere.

Nine Vande Bharat train trips are expected to begin. Jaipur-Udaipur, Patna-Howrah, Ranchi-Howrah, Hyderabad-Chennai, Chennai-Tirunelveli, Indore-Jaipur, Puri-Rourkela, Jaipur-Chandigarh, and Jamnagar-Ahmedabad are among the new routes being introduced. 

Kunal Mundra, the former CEO of Cars 24 India, has joined with digital investing platform, Grip, to launch EV asset management and leasing startup, Electrifi Mobility, in June 2023, to increase mobility electrification in India, Electrifi Mobility said on Thursday.

As the European Union mulls slapping tariffs on its Chinese rivals, VinFast, a Vietnamese manufacturer of electric vehicles, intends to ship its first EVs to Europe this year after getting regulatory authorization, its chief executive told Reuters on Thursday.

Nio, a Chinese electric vehicle manufacturer, unveiled an Android smartphone on Thursday. According to CEO William Li, the business anticipates that at least half of its consumers will purchase the device.

Linksys Unveils Innovative Solutions to Supercharge Home and Office WiFi Mesh Networks

New Zealand’s economy expanded more than forecast, supported by a rebound in the services sector. By avoiding a technical recession, the country’s government, which has come under scrutiny for its handling of the economy in the run-up to an election, would benefit.