Transportation
Grab retires $600M in 2026 debt with extra cash – report
Southeast Asia-based super app Grab Holdings Ltd said Monday it prepaid $600 million in debt ahead of a 2026 maturity, taking advantage of excess cash on its balance sheet,…
Indonesia to provide incentives to boost EV sales, attract investment – report
Indonesia will provide incentives to boost sales of electric vehicles (EVs) starting March 20, part of the country's efforts to accelerate adoption and attract investment from…
Grab has liquidity to drive operations, says S&P Global Ratings
Southeast Asia-based super app Grab Holdings Ltd is on course for positive profitability and cash flow by 2024-2025. The Singapore-based company continues to expand scale while…
Malaysian Government drafting strategic framework to develop EV charging infrastructure – report
Malaysian Green Technology and Climate Change Corporation (MGTC) is currently developing a strategic framework for the development and planning of Electric Vehicle (EV)…
VinAI launches groundbreaking driving technology at CES 2023
VinAI announces the world-first Auto Mirror Adjustment (AMA) and ‘Jelly View’, the two newest features of the cutting-edge Driver and Occupants Monitoring Systems and Advanced…
India’s Zoomcar appoints Delly Nugraha as Country Head for Indonesia
Zoomcar, the India-based marketplace for car sharing, has on Wednesday announced the appointment of Delly Nugraha as its Country Head for Indonesia. Indonesia is expected to be…
ESG brings color back into the business model, says VinFast Director of ESG Dr. Morgan Carroll [ORIGIN Innovation Awards Q&A]
"ESG brings the color back into the business model. At VinFast we endeavor to ensure our sustainability is tangible and measurable," shares Dr. Morgan Carroll, Director of ESG at…
Grab’s 3Q revenue up 143 percent year on year to $382M
Singapore-based super app Grab announced Thursday that its revenue surged 143 percent year on year to $382 million in the third quarter ended September 30, driven by strong growth…
India’s Zoomcar bags $10M financial investment in connection with the merger with Innovative
India-based car sharing platform Zoomcar announced Wednesday $10 million financial investment in connection with the merger with Innovative International Acquisition Corp, a…
Are we ready for robo taxis?
Today's time is of technology and more of automation. People are obsessed with technology, and automation has become an integral part of everyone's life. One such automated…
