The US goods trade deficit narrowed in June as imports fell more sharply than exports, with a notable drop in capital goods purchases reversing part of the surge linked to business investment and inventory building earlier in the quarter. The merchandise trade gap decreased 4.2% to $101.5 billion from a revised $105.9 billion in May. Imports dropped $8.2 billion to $306.2 billion, while exports declined $3.8 billion […]
Hyperliquid’s HYPE token has emerged as one of the strongest-performing major crypto assets of 2026, outpacing Bitcoin, Ether and Solana as expanding derivatives activity, rising protocol income and large staking transactions draw greater investor attention. A large holder transferred 557,902 HYPE tokens from institutional trading firm FalconX and deposited the entire holding into Hyperliquid’s staking system on July 25. The tokens were valued at about $32.87 million […]
The company also unveiled a new engineering proposition, “Accelerating Breakthroughs”, designed to address growing product complexity, shorter innovation cycles, supply-chain pressures and geopolitical disruption. The initiative aims to give customers a working environment in which designs can be tested, refined and prepared for the market.
The centre will bring together Tech Mahindra engineers, clients, technology partners and other industry participants to develop and validate products and systems. It combines engineering expertise with artificial intelligence, digital twins, model-based engineering and collaborative product-development processes.
Unlike a conventional demonstration facility, the centre has been structured as an operational engineering environment. Visitors will be able to examine how ideas pass through product development, teardown analysis, validation, testing, supply-chain assessment and other stages before reaching commercial readiness.
The facility will also demonstrate how engineering information can be connected throughout a product’s lifecycle. Digital-thread technology will link design, manufacturing, testing, maintenance and performance data, while digital twins will allow companies to simulate physical products or systems before making costly changes in real-world environments.
Artificial intelligence will be used across engineering workflows to accelerate analysis, detect design problems, assist decision-making and improve the use of product data. The approach reflects a wider shift among technology services companies from primarily supplying skilled personnel towards delivering integrated engineering platforms, laboratories and measurable business outcomes.
Rohit Madhok, global head of engineering services at Tech Mahindra, said engineering had always involved solving constraints and that the centre would provide a living environment where ideas could be developed, stress-tested, dismantled, reimagined and validated.
“The next generation of breakthroughs will come from simplifying complexity, orchestrating ecosystems, and augmenting human ingenuity with technology,” Madhok said.
Clients and partners will be able to work directly with the company’s engineering teams on structured experiments. The centre is intended to reduce the distance between an early-stage concept and a product that can be manufactured, deployed or scaled.
The initiative targets industries facing rapid technological change and increasingly connected products, including automotive, aerospace, industrial equipment, energy, consumer goods, transportation and communications. Manufacturers in these sectors are investing in software-defined products, predictive maintenance, automation and digitally connected supply chains.
Tech Mahindra’s engineering portfolio covers product design and development, software-defined vehicles, embedded systems, product lifecycle management, testing, manufacturing systems and after-market support. Its capabilities also extend to aerospace structures and avionics, rail signalling, industrial asset management and connected consumer products.
The company operates more than 50 engineering centres and has developed over 50 technology platforms and solutions, along with more than 25 proprietary tools and frameworks. It says the centres have helped customers lower capital expenditure and improve the use of engineering resources.
The Hyderabad launch comes as global technology providers increase investments in physical experience centres that allow customers to evaluate artificial intelligence and digital engineering applications before committing to large transformation programmes. Such facilities are becoming important sales and delivery assets because enterprises increasingly demand evidence of operational value rather than isolated technology demonstrations.
Engineering research and development has also become a major growth area for technology service providers as manufacturers seek outside expertise in connected products, cloud platforms, chip design, autonomous systems and industrial artificial intelligence. Shorter product cycles have placed pressure on companies to conduct design, simulation, validation and manufacturing preparation simultaneously rather than sequentially.
Model-based engineering is central to that transition. It replaces fragmented documents and manual handovers with digital models that can be shared across engineering functions. When combined with a digital thread, the method can improve traceability and allow teams to understand how a design alteration affects manufacturing, compliance, costs and product performance.
The new centre will support Tech Mahindra’s effort to position itself as a strategic engineering partner rather than only an information technology outsourcing provider. The company offers consulting, enterprise applications, business process services, network services, customer-experience design, artificial intelligence, analytics, cloud infrastructure and engineering services.
A powerful tornado tore across north-eastern Wisconsin on Monday, damaging homes, businesses and vehicles while cutting electricity to tens of thousands of customers. The National Weather Service confirmed that the tornado struck parts of Winnebago and Outagamie counties during a severe thunderstorm outbreak driven by intense heat, high humidity and unstable atmospheric conditions. Preliminary surveys identified damage consistent with at least an EF2 tornado in Menasha, where […]
Arabian Post Staff -Dubai Tension gripped Maldare near Siddapura after a tomb-like structure was found inside the Gaddigebetta Sri Siddeshwara Temple premises, prompting hundreds of villagers and activists to stage a protest demanding swift arrests. Temple staff discovered the flower-decorated structure on Sunday morning after entering the hilltop premises. The management alerted Siddapura police and lodged a complaint alleging that unidentified people had entered the restricted area […]
Arabian Post Staff -Dubai du has completed the deployment of its National Hypercloud platform for Dubai Taxi Company, establishing what the partners describe as the UAE’s first fully operational sovereign hyperscale cloud environment for the transport sector. The project moves Dubai Taxi Company’s core technology workloads onto infrastructure hosted and operated within the UAE, giving the mobility provider greater control over sensitive operational data while expanding its […]
Arabian Post Staff -Dubai Dubai has opened a three-lane bridge carrying traffic from Al Khail Road towards Al Asayel Street, advancing a major road development designed to reduce congestion and shorten journey times across several busy districts. The bridge, opened by the Roads and Transport Authority on July 26, can accommodate 3,600 vehicles an hour. Motorists travelling towards Al Asayel Street will reach the route through Al […]
Two people were killed and five others, including a two-year-old boy, were wounded after gunfire erupted at a crowded food festival near Seattle’s Space Needle on Sunday evening. The shooting occurred shortly after 6pm at Seattle Center during the final hours of the Bite of Seattle, an annual event that attracts hundreds of food vendors, performers and large crowds. Police detained a person in connection with the […]
Cryptocurrency markets face renewed volatility as an Ethereum developer warns that expectations surrounding the United States’ CLARITY Act could trigger a deeper sell-off if lawmakers fail to deliver the regulatory breakthrough already anticipated by traders. Econar, a long-time Ethereum builder and commentator, said digital assets could stage only a limited rise as speculation about the legislation intensifies. Failure to pass the bill could then push prices below […]
Arabian Post Staff -Dubai Bahrain and Kuwait carried out covert airstrikes against military facilities inside Iran in early July, marking their first known direct offensive action against Tehran during the widening regional war. The operation targeted storage sites holding missiles and attack drones, along with other military installations linked to Iran’s capacity to strike Gulf countries. The United Arab Emirates supplied intelligence on potential targets and provided […]
Arabian Post Staff -Dubai CycloTech is advancing an unconventional air-taxi concept that replaces exposed horizontal propellers with barrel-shaped CycloRotors capable of directing thrust through 360 degrees. The four-seat design, configured for a pilot and three passengers, has been projected to travel about 85 kilometres, remain airborne for 40 minutes and cruise at 150 kilometres per hour. Those figures remain development targets rather than certified performance data from […]
Arabian Post Staff -Dubai Goldman Sachs has retained its forecast for Brent crude to average $80 a barrel in the fourth quarter of 2026, arguing that constrained Middle East supply should support prices if hostilities between the United States and Iran ease before the end of the year. The investment bank’s baseline projection assumes that geopolitical tensions will gradually subside and oil shipments through the Strait of […]
Arabian Post Staff -Dubai Ras Al Khaimah Economic Zone has partnered with Fazaa to give eligible employees of registered companies access to membership benefits, discounts and services across the UAE. The agreement allows qualifying workers to subscribe through RAKEZ to Fazaa’s Silver, Gold and Platinum membership tiers. Benefits are available across healthcare, restaurants, retail, automotive services, beauty and wellness, furniture, property services and car rentals. RAKEZ will […]
Arabian Post Staff -Dubai DP World has agreed to develop and operate two new terminals in Fujairah under a 50-year concession, expanding the UAE’s cargo-handling capacity and creating a deep-water gateway with direct access to the Gulf of Oman. The agreement in principle with Fujairah Ports Authority covers the Al Rugaylat container and multi-purpose terminal and the Dibba General Cargo terminal. The projects will be developed in […]
By K Raveendran The spectacle in central Delhi this week carried a significance far beyond the barricades, detentions and blows captured on mobile-phone cameras. The first confrontation unfolded during the Cockroach Janta Party’s march from Jantar Mantar towards Parliament, while Tuesday brought another coercive police response when Rahul Gandhi, Priyanka Gandhi Vadra and other Congress […]
The article By Brutalising A Youth Protest, BJP May Have Handed Congress Its Anna Moment appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
ZeroSpace has entered Steam Early Access with an unusually broad combination of real-time strategy, role-playing systems and community warfare, although its decision to place prominent streamers at the centre of its flagship multiplayer event has divided attention from the strength of the game itself. Developed by Starlance Studios and Ironward, the science-fiction strategy game launched on 20 July with the first act of its campaign, competitive matches, […]
US carmakers are racing to remove Chinese-designed communications hardware and software from connected vehicles as federal restrictions force a costly overhaul of supply chains, engineering systems and supplier relationships. The industry faces its first major deadline with model year 2027 vehicles, when covered connectivity and automated-driving software linked to China or Russia will be barred from new cars sold in the United States. Restrictions on vehicle connectivity […]
Arabian Post Staff -Dubai Sharjah Taxi has completed one million trips booked through the Yango app, marking a significant expansion of digital taxi use in the emirate since the service was launched in February 2025. The milestone reflects rising passenger demand for app-based access to regulated city taxis, combining digital booking, journey tracking and electronic payment options with Sharjah’s established public transport network. The platform allows customers […]
Arabian Post Staff -Dubai Jeddah Islamic Port has introduced temporary storage-fee concessions for transit cargo, seeking to lower logistics costs and attract more shipping lines to Saudi Arabia’s largest Red Sea gateway. The incentive package took effect on July 19 and will remain available for 60 days. It extends the storage-fee exemption for transit containers to 15 days, while general transit cargo will receive five exemption days. […]
Electric cars with comparable specifications became substantially more affordable in Germany between 2020 and 2025, even as the typical advertised price rose sharply because manufacturers expanded their ranges towards larger and more expensive vehicles. Inflation-adjusted list prices for battery electric vehicles fell by about 18 per cent over the five-year period after differences in weight, engine power and driving range were taken into account. Prices for comparable […]
The grand opening of VinFast dealers will take place from July 19 to 25, 2026, bringing VinFast’s genuine products and services closer to customers across Indonesia. The 20 new dealerships are located across key regions such as Jakarta, Bandung, Semarang, Yogyakarta, Medan, Palembang, Makassar and many other major provinces and cities nationwide.
The expansion follows strong customer response to VinFast’s Early Booking Program, which has attracted thousands of deposits across Indonesia.
Dealerships will provide a full range of services, including vehicle sales, product consultation, after-sales support, and customer care in accordance with VinFast’s global standards. In addition to showcasing and selling VinFast E-motorcycles, the dealerships will offer customers opportunities to test ride the vehicles, experience the battery swapping solution and home charging options, and learn more about VinFast’s attractive ownership policies. Customers can visit VinFast’s official website at: https://vinfastauto.id/ to locate their nearest dealership and register for a test ride.
The opening campaign kicked off with the VinFast E-Motorcycle Experience Day, taking place on July 18, 2026, at Tribeca, Jakarta. The event welcomed customers, media representatives, KOLs, business partners, and electric mobility enthusiasts to explore VinFast’s e-motorcycle lineup and green mobility ecosystem.
During the event, attendees explored the full range of color options available for the VinFast Evo, VinFast Feliz II, and VinFast Viper, while learning more about each model, VinFast’s battery swapping network, home charging solutions, and the energy infrastructure being developed in partnership with V-Green.
In addition to the product showcase, the event featured dedicated test ride sessions, battery swapping demonstrations, safe riding challenges, interactive games, and opportunities to engage directly with VinFast’s product specialists.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-scooter Overseas Market, said: “VinFast’s strategy goes beyond introducing high-quality electric vehicles. Our vision is to build a complete ecosystem that makes owning and using electric vehicles more convenient than ever. The launch of 20 dealerships across Indonesia, together with our battery swapping, charging, and after-sales service network, represents another important step toward realizing that vision. We hope more Indonesian consumers will choose E-motorcycles as a smart, economical, and sustainable mobility solution.”
The three e-motorcycle models introduced by VinFast in Indonesia are designed to meet the needs of different customer segments while sharing the company’s advanced technology platform and innovative battery swapping ecosystem.
The VinFast Viper features a sporty design tailored to young, tech-savvy riders. Meanwhile, the VinFast Feliz II and VinFast Evo build upon the proven strengths of their predecessors in Vietnam while incorporating refinements to better suit the needs and preferences of Indonesian consumers.
All three models are equipped with a 5,200W BLDC in-wheel motor. The VinFast Viper and VinFast Feliz II offer a top speed of 90 km/h, while the VinFast Evo reaches 80 km/h. Each motorcycle is designed with dual battery compartments under the seat, allowing the simultaneous use of two 1.5 kWh LFP batteries.
With two fully-charged batteries installed, the VinFast Evo delivers a riding range of up to 150 km, while the VinFast Viper and VinFast Feliz II can travel up to 145 km under standard testing conditions, making them well-suited for both daily commuting and longer urban journeys.
Customers can choose to purchase their motorcycles with batteries included or opt for a battery subscription plan. In addition to battery swapping, the motorcycles can also be conveniently charged at home.
As a special launch benefit, all VinFast E-motorcycle owners will enjoy free battery swapping at V-Green’s public battery swapping stations for one year, with a maximum of 20 battery swaps per motorcycle per month. The motorcycles are also backed by a warranty of up to 4+2 years or 60,000+12,000 kilometers, whichever comes first, helping reduce ownership costs while enhancing convenience and peace of mind.
The simultaneous opening of 20 e-motorcycle dealerships further demonstrates VinFast’s long-term commitment to the Indonesian market. By expanding its retail network, diversifying its product portfolio, and investing in energy infrastructure, VinFast is steadily building a comprehensive green mobility ecosystem that will help accelerate the country’s transition toward sustainable transportation in one of the world’s largest motorcycle markets.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
The agreement gives Bespoke Logistics responsibility for warehousing, vehicle inspection, technical preparation, stockyard management and transportation before motorcycles are delivered to customers. The company will also operate a VinFast-authorised service workshop at the site.
The 20,000-square-metre facility is located in Carmona City in Cavite province, south of Metro Manila. It can store as many as 30,000 vehicles, providing VinFast with a central base from which to manage product checks, preparation and distribution.
The partnership is intended to reduce delivery times while ensuring that motorcycles meet the manufacturer’s technical and quality standards before reaching buyers. It will support the first deliveries of VinFast electric motorcycles in the country and provide capacity for a wider rollout as sales volumes increase.
VinFast will train and certify technicians employed at the facility. The two companies will also introduce standardised operating procedures, quality-control systems and a supply network for replacement parts. These measures are designed to reinforce aftersales support, an area that can influence consumer confidence in emerging electric vehicle brands.
Bespoke Logistics provides automotive warehousing, pre-delivery inspection, vehicle transport and stockyard services. Its Philippine operations include technical work conducted within warehouses and inventory-management services for automotive companies.
Bui Viet Hung, VinFast’s deputy chief executive for global aftersales service, said strong infrastructure and dependable aftersales operations were necessary to support the company’s products. He described the agreement as an important step in aligning Philippine distribution and servicing with VinFast’s international standards.
Bespoke Logistics president and chief executive Allan A. Mina said the company would operate the centre according to VinFast’s requirements while expanding the technical capabilities of its workforce. Irineo Niño Fabros, chief executive of VinFast Electric Motorcycles Philippines, represented the manufacturer at the signing ceremony.
The logistics arrangement forms part of a broader strategy to establish an integrated electric motorcycle ecosystem rather than relying solely on vehicle sales. VinFast is expanding its dealership network, service operations and battery-swapping infrastructure across the Philippines.
The company has signed agreements with 14 distributors to develop showrooms in areas including Metro Manila, Cavite, Laguna, Batangas, Metro Cebu and Metro Davao. The initial product range includes the Evo, Feliz II and Viper, which use swappable batteries intended to reduce the time riders spend waiting for vehicles to recharge.
VinFast has also outlined plans for about 30,000 battery-swapping points nationwide through infrastructure partnerships. The proposed network would allow customers to replace depleted batteries with charged units, addressing concerns over charging access, limited residential parking and lengthy charging periods.
Electric motorcycles are viewed as a potentially significant growth segment in the Philippines because motorcycles remain a widely used form of personal and commercial transport. Traffic congestion, fuel costs and demand for affordable mobility have encouraged manufacturers to introduce more battery-powered models.
However, market expansion depends on more than vehicle availability. Buyers require accessible repair centres, reliable battery supplies, trained technicians and confidence that spare parts will remain available. The Carmona operation gives VinFast a high-capacity facility for handling these requirements before its motorcycle business reaches larger scale.
The move also reflects VinFast’s increasing focus on Asian markets. The Vietnam-based manufacturer has expanded its vehicle and mobility operations across the Philippines, Indonesia and other regional economies through local dealers, logistics companies and infrastructure partners.
Its Philippine presence already includes electric cars and the Green GSM electric taxi service. VinFast has also worked with charging infrastructure operator V-Green as it attempts to build connected transport, energy and servicing networks around its vehicles.
The company’s international strategy has shifted towards markets where motorcycles, compact vehicles and urban transport services offer a larger potential customer base. Its product portfolio includes electric sport utility vehicles, scooters, bicycles and buses, allowing it to compete across several transport categories.
The Carmona facility’s storage capacity gives VinFast room to handle imports and deliveries beyond its initial motorcycle launch. Centralised inspection and preparation could also help the company maintain consistent standards while its retail network expands across geographically dispersed markets.
Under the agreement, Bespoke Logistics will operate an integrated mobility processing center and VinFast-authorized service workshop, responsible for warehousing, vehicle inspection, technical preparation of electric motorcycles prior to delivery, vehicle yard management, and transportation. Located in Carmona City, Cavite Province, the 20,000-square-meter facility has a storage capacity of up to 30,000 vehicles, helping streamline vehicle preparation, improve operational efficiency, and ensure product quality before delivery to customers.
As part of the partnership, VinFast will work closely with Bespoke Logistics to implement technician training and certification programs, transfer standardized operating procedures and quality control processes, and establish a parts supply system to support aftersales operations.
Bespoke Logistics specializes in automotive logistics, offering an end-to-end service portfolio that includes pre-delivery inspection (PDI), warehousing, vehicle yard management, transportation, and vehicle delivery. The company also has extensive experience in warehouse-based technical operations and modern vehicle and inventory management systems, serving as a trusted logistics partner for multiple automotive brands in the Philippines.
Partnering with experienced local companies such as Bespoke Logistics will not only strengthen VinFast’s logistics and service capabilities in the Philippines but also provide a strong operational foundation for the delivery of its first electric motorcycles to customers.
The agreement forms part of VinFast’s long-term strategy to develop a comprehensive, international-standard electric motorcycle ecosystem in the Philippines. Alongside the launch of its diverse lineup of battery-swapping electric motorcycles, VinFast is steadily expanding its distribution network, aftersales services, and battery swapping infrastructure to deliver a seamless, convenient, and reliable ownership experience for customers.
Mr. Bui Viet Hung, VinFast Deputy CEO of Global Aftersales Service, said: “At VinFast, world-class products must be supported by robust infrastructure and exceptional aftersales services. Our partnership with Bespoke Logistics is a key milestone in strengthening our distribution and aftersales capabilities in line with global standards, ensuring that customers in the Philippines enjoy high quality products and services from day one of ownership.”
Mr. Allan A. Mina, President and CEO of Bespoke Logistics said: “We are proud to partner with VinFast as it develops its electric motorcycle ecosystem in the Philippines. We are committed to operating the facility in accordance with VinFast’s international standards while continuously enhancing our team’s capabilities and operational processes to support the brand’s long-term growth in the market.”
Over the past few years, VinFast has steadily built a green mobility ecosystem across the Philippines, Indonesia, India, and other international markets through strategic partnerships with local companies and ecosystem partners such as Green GSM and V-Green. In addition to electric motorcycles, VinFast is expanding its product portfolio to include electric cars, electric bicycles, and electric buses, providing consumers with more sustainable mobility options while accelerating the global transition to greener transportation.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) company with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally while expanding its production footprint with a focus on key markets across North America, Europe, the Middle East and Asia.
Learn more at: 
https://vinfastauto.ph/
Bespoke Logistics is a Philippine-based automotive logistics, warehousing, and mobility solutions company specializing in vehicle processing, stockyard management, electric vehicle support services, transportation, and distribution.
Through its Mobility Processing Center platform, Bespoke Logistics provides integrated solutions for automotive manufacturers, distributors, and emerging mobility brands operating in the Philippines.
Arabian Post Staff -Dubai Dubai is assessing the feasibility of converting organic waste into sustainable aviation fuel, extending the emirate’s clean-energy ambitions to one of the world’s most difficult sectors to decarbonise. The proposal was examined at the 95th meeting of the Dubai Supreme Council of Energy, chaired by Sheikh Ahmed bin Saeed Al Maktoum. Council members reviewed how locally available waste could provide feedstock for lower-carbon […]
