Author: Yimie Yong
China’s SUV brand JETOUR to launch in Malaysia & Indonesia as soon as this month
In 2023, JETOUR Auto's total annual sales reached 315,167 vehicles, a 75 percent increase year-over-year. It is also worth noting that JETOUR's international exports experienced a remarkable year-over-year increase of 147 percent, far surpassing the overall industry level and reaffirming its status as the fastest-growing new cutting-edge SUV brand in China,…
Tencent-backed Airwallex courts Middle Eastern wealth funds – report
The firm has 60 licences and permits globally, in markets including Australia and New Zealand, Europe, Hong Kong, Singapore, the UK and the US.
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GIC Pte Ltd, Singapore's sovereign wealth funds, is making an outsized bet on Latin American infrastructure, while targeting smaller technology companies in the region
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JETOUR showcases hybrid off-road innovation at Beijing Auto Show; prepares entry into right-hand drive, European markets
Over the past years, JETOUR said it has demonstrated exceptional growth and a burgeoning dominance in the SUV segment. The company boasts the seventh position in China's automotive export volume and ranks second in growth rate, indicating its undeniable global impact.
Chinese EV manufacturer Chery to invest in Thailand – report
Chery aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehicles to Asean countries, Australia and the Middle East, the report added.
Malaysia introduces incentives to lure global unicorns – report
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Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report
Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.
