Asia

IDO invests into Carzaty to boost growth into new markets

19 December 2019

Carzaty commenced selling in Dubai in September, indicating that it is close to breaking its record for its fourth-quarter sales of the year.

PakWheels.com will hold its Car Mela in Karachi

19 December 2019

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To cater to the needs of consumers, PakWheels.com brings the sellers and buyers under one roof for an exceptional buying and selling experience. PakWheels Car Mela is one such platform.

RedBus plans to go after road transport corporations to boost growth

18 December 2019

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"Over the next four years, the Bengaluru-headquartered firm is expecting to derive 25 per cent of its revenues from government transport corporations, as compared to 9-10 per cent as of now." said Prakash Sangam, Chief Executive Officer of RedBus.

Volkswagen partners with the Qatar Investment Authority to develop autonomous electric public transit

18 December 2019

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The goal is to develop a ground-breaking autonomous transport project and transform the future of urban mobility to a sustainable and commercial deployment of AD shuttles and bus services.

China seeing lower electric car sales and the industry needs a boost

18 December 2019

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China's leaders are promoting electric cars to help transform the country into a creator of profitable technologies, but sales are stalling as subsidies disappear.

Non-automotive companies are preparing to jump into mobility services

18 December 2019

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Non-automobile companies are paying keen attention to the mobility business as digitization has broadened its concept, noting that the industry now includes areas such as materials for electric vehicles, autonomous driving, unmanned drones and car-sharing.

CredR, a used motorcycle retail platform, raises $6 million

17 December 2019

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CredR uses both online and offline platforms to offer consumers retail experiences through the company's chain for over 50 franchise showrooms throughout India including Delhi, Jaipur, Kota, Pune, Bengaluru, and Hyderbad.

Autohome prepares to have its 2019 Annual General Meeting

17 December 2019

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Shareholders in Autohome will receive a rundown about the company's financial year and is open to anyone who owns ordinary shares.

India uses AI to urban plan for a better, mobility focused, future

17 December 2019

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With the advent of taxi service apps, bike-sharing and mainly electric vehicles, urban planning has become more complex and the integration of machine learning more critical.

CarDekho acquires Carmudi, boosting its regional presence

16 December 2019

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Umang Kumar, the President of CarDekho, said the start of his group’s Philippine operations is in line with the company’s strategy of expanding into Southeast Asia, a market seen by many think tanks as a new powerhouse in the global economic market.