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Electric vehicles are poised for a significant boost in Saudi Arabia following a memorandum of understanding (MoU) signed between Lucid Motors and the Electric Vehicle Infrastructure Company (EVIQ). This collaboration signifies a strategic alliance aimed at revolutionizing the country’s EV charging landscape. The MoU paves the way for the development of a robust network of high-speed public charging stations across Saudi Arabia. This will significantly address the […]

MANILA, PHILIPPINES – Media OutReach Newswire – 31 May 2024 – VinFast Auto announced the signing of cooperation agreements with the first four Philippine dealers, paving the way for a strong retail network and solidly establishing the company’s presence in the Southeast Asian country’s electric vehicle market. A large number of visitors attended the VinFast brand launch event in the Philippines. At the company’s brand launch event […]

Debuted in Beijing, China in 2014, Formula E will race in Shanghai for the first time Committed to doing more for the environment, Formula E and DHL will use sustainable aviation fuel for all freight from Berlin race to Shanghai race, reducing carbon emissions by at least 80%, compared to kerosene DHL has been delivering logistical support to Formula E since its inception and is celebrating Formula […]

HANOI, VIETNAM – Media OutReach Newswire – 24 May 2024 – Leveraging Vietnam’s production strengths and backed by Vingroup, the country’s largest private conglomerate, Vietnamese electric vehicle maker VinFast is poised for expansion in the European market. Vietnam’s richest man is pouring resources into VinFast, the electric vehicle arm of Vingroup, Vietnam’s largest private company. This move signals a strong belief in the future of electric mobility. […]

HONG KONG SAR – Media OutReach Newswire – 23 May 2024 – Speaking to Pearl Lam (林明珠) on YouTube in a new episode of The Pearl Lam Podcast called ‘The Golden Era Of Gay Cinema’, Hong Kong screenwriter and Director Ray Yeung has shared his hopes for the future of Hong Kong cinema, highlighting the importance of LGBTQ representation and the exploration of underrepresented narratives. Followers can […]

HANOI, VIETNAM – Media OutReach Newswire – 16 May 2024 – VinFast Auto (Nasdaq: VFS) today announced that it received a record-breaking number of 27,649 non-refundable and non-transferable pre-orders for the mini-SUV VF 3 within 66 hours, setting a Vietnamese automotive record, demonstrating the impressive appeal of the VF 3 and its potential to become a “national car” in Vietnam. VinFast VF 3 receives a record number […]

Highlights of FY23/24 Results For the financial year ended 31 March 2024, total sales amounted to US$3,814 million – an increase of 5% compared to the prior year Gross profit totalled US$851 million – an increase of 19% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 56% to US$343 million or 9.0% of sales (compared to 6.0% of sales in FY22/23) […]

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HANOI, VIETNAM – Media OutReach Newswire – 7 May 2024 – VinFast Auto (Nasdaq: VFS) today announced it is accepting early deposits for the VF 3 mini e-SUV in the Vietnamese market. VinFast focuses on accessibility with a price for the VF 3 starting from just over $9,200, along with attractive features and services. Photo of the mini e-SUV VF3 at CES 2024 At the 2024 National […]

The National Highway Traffic Safety Administration (NHTSA) has concluded a lengthy investigation into Tesla’s Autopilot system. The probe, launched in 2021, centered on hundreds of crashes potentially linked to Autopilot misuse, with a tragic focus on 13 fatalities and numerous serious injuries. The NHTSA’s closing statement highlighted a critical disconnect between driver expectations and Autopilot’s actual capabilities. Drivers, it seems, held an inflated view of the system’s […]

Central and eastern China are reeling from the effects of torrential rain, which have triggered severe flooding and landslides across the region. The relentless downpours have caused significant disruptions, displacing residents and damaging infrastructure. Hunan Province in central China has been particularly hard-hit. In Yizhang County, a major landslide occurred, burying roads and hindering access to affected areas. Emergency response teams have been deployed to conduct rescues […]

A significant portion of the United Arab Emirates (UAE) population is grappling with weight issues. A recent study has found that a worrying 60% of Emirati nationals are classified as overweight. This statistic highlights a growing public health concern in the region, with potential consequences for the wellbeing of a large segment of the Emirati population. Experts attribute this rise in overweight individuals to several factors. The […]

Saudi Arabia is hitting the gas pedal on its automotive industry, aiming to become a regional hub for car manufacturing, according to a senior official. Aftab Ahmed, a National Center for Industrial Development (NCID) advisor specializing in the automotive sector, highlighted the government’s commitment to this goal during a recent Saudi-American Business Council seminar. This focus on domestic production aligns with Saudi Arabia’s ambitious Vision 2030 plan, […]

Saudi Arabia’s WAJA Co., a diversified conglomerate, has set its sights on the burgeoning electric vehicle (EV) market through a newly formed joint venture in Egypt. The agreement, signed with the Arab Organization for Industrialization (AOI), a prominent Egyptian military organization, paves the way for the establishment of a production facility dedicated to EVs. This venture signifies a strategic move for both entities, aiming to not only […]

China’s electric vehicle (EV) industry is no stranger to innovation, and now it’s setting its sights on the skies. The emergence of electric vertical takeoff and landing (eVTOL) vehicles, often dubbed “flying cars,” is not just science fiction anymore. Companies like XPeng AeroHT, a subsidiary of the prominent EV maker Xpeng Motors, are leading the charge in developing these futuristic modes of transportation. XPeng’s recently unveiled eVTOL […]

Hong Kong’s First High-mast Lighting Inspection and Maintenance Robot Enables Intelligent Transformation in the Infrastructure Industry HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – The Edison Awards, known as the “Oscars of Innovation”, have announced the results for 2024. “InspecSpider”, jointly developed by HKPC and Green Light Multiplex Co. Ltd., has been awarded the Silver Award in the category of “Innovative Robotics Solution”. […]

Buckling up for a new era of transportation, Boeing is setting its sights on Asian skies. The aviation giant reportedly plans to launch its flying car business in the region by 2030, aiming to alleviate traffic woes in megacities with electric vertical take-off and landing (eVTOL) vehicles. This ambitious venture leverages the expertise of Wisk Aero, a Boeing subsidiary dedicated to developing autonomous eVTOL aircraft. Wisk’s creations […]

HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – The upcoming 30 April is not just any Tuesday, it’s the birthday of Keung To, a member of the popular Cantonpop group Mirror! Upholding the idol’s wish to take on more social responsibilities and spread positive energy, “KeungShow HKFanClub” (Fan Club) is going to collaborate with Hong Kong Tramways Limited (Tramways) for the third consecutive […]

European car manufacturers are set to gain a competitive edge against their Chinese and American counterparts with the production-ready Obrist HyperHybrid, a revolutionary concept car that ditches the traditional electric vehicle charging model for a refueling system. This brainchild of inventor and CEO Frank Obrist promises to combine the environmental benefits of electric cars with the convenience of refueling stations. The HyperHybrid functions with an electric motor, […]

SINGAPORE – Media OutReach Newswire – 17 April 2024 – VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a subsidiary of Vingroup JSC, today announced its unaudited financial results for the first quarter ended March 31, 2024. First quarter revenue rose 269.7% year-over-year (YoY) to $302.6 million. Deliveries rose 444% YoY to nearly 9,700 vehicles. Launching in new key markets in Southeast Asia, including Indonesia and […]

In today’s fast-paced world, where transportation is an essential part of our daily lives, ensuring the longevity of our vehicles is crucial. Whether you rely on your car for commuting, road trips, or family outings, understanding how to maximize mileage and extend your vehicle’s lifespan can save you time, money, and unnecessary stress. Here are some practical tips to help you get the most out of your […]

The International Monetary Fund (IMF) painted a sobering picture of the global economy’s health in its latest report, highlighting the lingering scars of the COVID-19 pandemic. The report estimated that global output losses since the start of the pandemic in 2020 have reached a staggering $3.3 trillion. This indicates a persistent drag on economic growth, even as many countries have reopened and eased restrictions. The pandemic’s multifaceted […]

China’s electric vehicle (EV) industry is no stranger to innovation, and now it’s setting its sights on the skies. The emergence of electric vertical takeoff and landing (eVTOL) vehicles, often dubbed “flying cars,” is not just science fiction anymore. Companies like XPeng AeroHT, a subsidiary of the prominent EV maker Xpeng Motors, are leading the charge in developing these futuristic modes of transportation. XPeng’s recently unveiled eVTOL […]

A cable car accident in southern Türkiye’s Antalya province marred a scenic journey on Friday, leaving one person dead and ten others injured. The incident, which unfolded around 5:23 pm local time, involved a collision between a cable car cabin and a broken pole. The impact caused the cabin to rupture, with devastating consequences for one passenger. The deceased has been identified as a 54-year-old Turkish citizen. […]

Elon Musk, the outspoken CEO of Tesla, has ignited a wave of excitement in India’s burgeoning electric vehicle (EV) market. In a recent statement, Musk described bringing Tesla’s electric cars to India as a “natural progression,” sending a strong signal of the company’s intent to enter the world’s soon-to-be most populous nation. This news comes amidst reports that Tesla has been scouting locations for a potential manufacturing […]

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