Philippine President Ferdinand R. Marcos, Jr. has approved zero tariff on electric vehicles to encourage consumers to use “cleaner and greener” cars. The tariff removal will run for five years, according to a copy of Executive Order No. 12 dated Jan. 13 sent by the presidential palace. Electric vehicles will be slapped a 30% tariff […]
Tag: vehicles
Toyota pushes zero-emission goals by converting old models
TO ACCELERATE the global move toward sustainable vehicles, Toyota is suggesting simply replacing the inner workings of vehicles already on the roads with cleaner technology like fuel cells and electric motors. “I don’t want to leave any car lover behind,” chief executive Akio Toyoda said Friday, Jan. 13, 2023, appearing on the stage at the […]
SinoHytec Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange, Offer Price Between HK$60 and HK$76 per H Share, Raise up to HK$1,540.7 million
HONG KONG, Dec 29, 2022 – (ACN Newswire via SEAPRWire.com) – The leading provider of fuel cell systems in China – Beijing SinoHytec Co., Ltd. (“SinoHytec” or the “Company”, Stock Code: 2402), today announced the proposed listing of its shares on the Main Board of the Stock Exchange of Hong Kong Limited ( the “Hong […]
Fukuoka Prefecture and CJPT Enter Partnership to Implement FC Mobility Expansion Initiatives
TOKYO, Dec 26, 2022 – (JCN Newswire via SEAPRWire.com) – Fukuoka Prefecture and Commercial Japan Partnership Technologies Corporation (CJPT) have entered a partnership agreement that includes jointly implementing initiatives to expand the adoption of fuel cell electric vehicles (FC mobility) for vehicles that underpin our daily lives in the logistics industry, public transportation, and official […]
Hybrid exclusion from zero-tariff policy meant to spur EV charging station development — BoI
HYBRID vehicles were excluded from zero-tariff treatment because their widespread adoption could delay the development of charging infrastructure for electric vehicles (EVs), the Board of Investments (BoI) said. Ceferino S. Rodolfo, Trade undersecretary and Board of Investments (BoI) managing head, said: “We want to develop the infrastructure, the charging stations. The problem with hybrid (vehicles) […]
Fully Charged Wuling Motors Sets Sail On Completion of the Restructuring of New Energy Business
HONG KONG, Dec 1, 2022 – (ACN Newswire via SEAPRWire.com) – It was recently known to us that Wuling Motors (00305. HK) had completed the capital increase into Wuling New Energy. Wuling Motors, capitalized from the restructuring as an important participant, will expedite its in-depth deployment in the field of new energy vehicles in promoting […]
NEC and Virginia Tech Transportation Institute demonstrate intersection safety using AI-based video analytics
Tokyo & Blacksburg, Nov 10, 2022 – (JCN Newswire via SEAPRWire.com) – NEC Corporation (TSE: 6701) and Virginia Tech Transportation Institute (VTTI) have successfully carried out a proof of concept (PoC) to provide safety information and warnings to drivers, pedestrians and other road users near intersections using Artificial Intelligence (AI)-based video analysis technologies. In the […]
Ev Dynamics Signs Largest Ever Supply Agreement with Bimbo for Electric Delivery Vehicles
HONG KONG, Nov 7, 2022 – (ACN Newswire via SEAPRWire.com) – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a leading developer and manufacturer of new energy vehicles (NEVs), has signed a definitive agreement to supply electric last-mile delivery vehicles to the world’s largest […]
Turning towards Clean Energy, PLN Accelerates the Electric Vehicle Ecosystem from Upstream to Downstream
JAKARTA, Nov 7, 2022 – (ACN Newswire via SEAPRWire.com) – PT PLN (Persero) today outlined its focus on providing infrastructure to accelerate Indonesia’s electric vehicle ecosystem, aimed to reduce the carbon emission on transportation. Minister of State-Owned Enterprises (BUMN) Erick Thohir said the government is fully committed to develop the electric vehicle ecosystem, mainly after […]
NTT Com and DENSO to Collaborate to Provide Security Operation Center for Vehicles
KARIYA, JAPAN, Oct 18, 2022 – (JCN Newswire via SEAPRWire.com) – NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT group, and DENSO CORPORATION (DENSO), the global manufacturer of mobility components offering advanced mobility technologies, systems and products, announced today that it will collaboratively develop the Security Operation Center […]
Zero-tariff policy on electric vehicles expected by end of 2022
THE proposed zero-tariff policy for electric vehicle (EV) imports is expected to be released within the year, an official with the Department of Energy (DoE) said. Patrick T. Aquino, director of the DoE’s Energy Utilization Management Bureau, said at a briefing in Taguig City on Thursday that the policy is awaiting evaluation by the Committee […]
Wuling Motors (00305.HK) Announces 2022 Interim Results
HONG KONG, Aug 26, 2022 – (ACN Newswire via SEAPRWire.com) – On August 24, Wuling Motors (00305.HK), a Hong Kong-listed company, released its 2022 semi-annual performance report. In the first half of 2022, Wuling Motors achieved an operating income of 6.275 billion yuan, a year-on-year decrease of 12.4%; a net loss of 139 million yuan, […]
Elektros Announces Initial Delivery of Tesla Vehicles for its Electric Rental Car Operations
EQS Newswire / 26/08/2022 / 02:00 EST/EDT Elektros Announces Initial Delivery of Tesla Vehicles for its Electric Rental Car Operations SUNNY ISLES BEACH, FL / ACCESSWIRE / August 26, 2022 / Elektros (OTC PINK:ELEK), an emerging leader in providing Electric Mobility solutions, announces delivery of initial vehicles for its all-electric rental car fleet. The company is […]
C major
1 of 6 The fifth-generation C-Class, which debuted globally last year, is now available in the Philippines. The lone variant, for now, is the C 180 Avantgarde, which sells for P3.89 million. — PHOTO FROM AUTO NATION GROUP PHOTO FROM AUTO NATION GROUP Flanking the all-new C-Class are Mercedes-Benz Malaysia President and CEO, and Mercedes-Benz […]
The Velocity Q&A: Vince S. Socco (Chairman, GT Capital Auto and Mobility Holdings Director, Toyota Motor Philippines Corp. Vice-Chairman, Lexus Manila, Inc.)
1 of 3 Vince Socco poses with a Lexus LFA. — PHOTO FROM LEXUS PHILIPPINES Mr. Socco speaks at the Hybrid Electric Vehicle (HEV) Technology Conference in May 2019. The event was attended by government officials, Toyota technology experts, environment resource persons, members of the academe, and the press. — PHOTO BY KAP MACEDA AGUILA […]
CJPT to Begin Construction and Social Implementation of an Energy Management System in Fukushima and Tokyo to Promote Electrified Vehicles
TOKYO, Jul 19, 2022 – (JCN Newswire via SEAPRWire.com) – Commercial Japan Partnership Technologies Corporation has announced today that, in collaboration with its partners, it will begin the construction and social implementation of an energy management system in Fukushima Prefecture and Tokyo in January 2023, to promote the widespread use of electrified vehicles. Since it […]
Suzuki, Daihatsu, Toyota, and CJPT to Introduce Mini-Commercial Van Electric Vehicles in FY2023
Toyota City, Japan, Jul 19, 2022 – (JCN Newswire via SEAPRWire.com) – Suzuki Motor Corporation (Suzuki), Daihatsu Motor Co., Ltd. (Daihatsu), Toyota Motor Corporation (Toyota), and Commercial Japan Partnership Technologies Corporation (CJPT) announced that they have agreed to work towards the market introduction of mini-commercial van electric vehicles (BEVs) in FY2023 to achieve carbon neutrality. […]
Legend Capital Increases Carbon Neutrality Investments: Portfolio Company Talent New Energy Completes A++ Financing Round with Several Hundred Million RMB
HONG KONG, Jun 16, 2022 – (ACN Newswire via SEAPRWire.com) – Legend Capital’s portfolio company Talent New Energy, a new Chinese powerhouse in the solid-state battery industry, recently announced the completion of its Series A++ financing round with several hundred million RMB. Legend Capital initially invested in Talent New Energy by joining the Pre-A financing […]
Foton plans expansion with six new dealership locations
FOTON Motor Philippines, Inc. Is planning to expand its presence in the country with six more locations, an official of the Chinese carmaker said on Friday. “In terms of expansions, we’re planning to have more dealerships in the major cities in the Philippines,” Foton Vice-President for Sales and Marketing Levy S. Santos in a chance […]
Ev Dynamics Delivers 40 Customized 7.5-Meter Electric Vans to Europe
HONG KONG, May 4, 2022 – (ACN Newswire via SEAPRWire.com) – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, sets to deliver 40 custom-made 7.5-meter electric vans to Europe this year. Ev Dynamics sets […]