e is expected to strengthen NEX Point’s competitiveness in the commercial electric vehicle market. In April 2025, NEX Point further restructured its capital by reducing registered capital to THB 2.66 billion, then increasing it to THB 9.32 billion through a Rights Offering. During the May 15–21 subscription period, shareholders subscribed to 3.33 billion shares. On May 23, NEX Point registered its new paid-up capital of THB 5.99 billion with ...

News  Updated at: 2025/05/27

chnology and technical expertise, while allowing for the sourcing of components from MVSB, NCT, or approved third-party suppliers, as required. In addition, a technical service agreement worth MYR 1.25 million will be executed between the JVC and NCT, subject to specific conditions related to share subscription.This joint venture supports MCE’s strategic ambition to enhance its automotive electronics portfolio and drive global expansion in high...

News  Updated at: 2025/05/22

ing infrastructure at no cost to the building. Individual residents can then subscribe and charge their EVs at a price three times lower than public charging stations. The partnership aims to speed up EV adoption in France. As part of the deal, new Renault and Alpine buyers get a free 1-year Zeplug subscription when they buy a 7.4 kW home charger. Based on Mobilize press release...

News  Updated at: 2025/05/15

Stellantis and FINN expand partnership with 5,300 vehicles order On April 30, Stellantis N.V. and car subscription platform FINN, Germany signed a 2025 framework agreement, with FINN already ordering 5,300 vehicles from various Stellantis brands. The vehicles come with different powertrains, including gasoline, hybrid, and electric. Notably, new models such as the Opel Grandland and fully electric Opel Frontera are now available through FINN's su...

News  Updated at: 2025/05/01

e business, which will be split from Koha. Amid the advancement of artificial intelligence (AI), the electrification of automobiles, and the shift to software-defined vehicles (SDVs), Yokowo aims to shift its focus from selling goods to selling solutions, and from a traditional retail business to a subscription-based business. To accelerate the move, it is hastening the development of technologies in demand, such as communication module technolog...

News  Updated at: 2025/04/08

with the same 327-mile range rating with the same top speed of 125 mph, but has a 4.6-second 0-60 mph acceleration rate. Also, while the Launch Series came with Full Self-Driving included, the new, more affordable trim does not, though owners can pay USD 8,000 for the FSD option, or pay the monthly subscription service of USD 99 per month. (multiple sources on April 4, 2025)...

News  Updated at: 2025/04/08

two subsidy schemes through the municipal platform. Those paying charging fees will be granted an exclusive electricity subsidy of CNY 0.4/kWh, while those paying monthly battery swapping fees will be granted an exclusive one-off 10% subsidy of up to CNY 200 per month. Electric taxis with a monthly subscription model shall mainly be battery-swappable. Also proposed in the Measures are tasks such as supporting the construction of shared charging f...

News  Updated at: 2025/03/14

Hyundai to provide 5,000 vehicles to car subscription platform FINN, Germany On February 27, Hyundai Motor Germany and the leading independent car subscription platform FINN signed a framework agreement for 5,000 vehicles for 2025. 65% of these vehicles are electrified, (46% purely electric vehicles and 19% plug-in hybrids).  From the compact Hyundai i10 city car to the spacious seven-seater Santa Fe PHEV, nearly all Hyundai models will be offer...

News  Updated at: 2025/02/28

JBM Auto, India establishes wholly owned subsidiary for EV battery solutions On February 26, JBM Auto Limited announced the incorporation of its wholly owned subsidiary, JBM EV Ventures Private Limited with a total paid-up capital of INR 500 thousand.  The primary objective of JBM EV Ventures Private Limited is to provide electric vehicle (EV) battery services on a subscription, leasing, and rental basis. The subsidiary will also focus on the re...

News  Updated at: 2025/02/27

ssembly Sdn Bhd (B-Assembly) entered into a joint venture agreement (JVA) with HSHP Auto Technology Sdn Bhd (HSHP) and PG Car Centre (Northern Region) Sdn Bhd (PGCC) to establish a joint venture company (JVC) in Malaysia. B-Assembly will hold a 51% stake in Berjaya Autotech Sdn Bhd (JVC) for a cash subscription of MYR 5.1 million, while HSHP and PGCC will own 39% (MYR 3.9 million) and 10% (MYR 1 million), respectively.  As part of the agreement,...

News  Updated at: 2025/02/25

Hyundai continues EV push in Indonesia through EV Charging Subscription program Announced on February 17, 2025, PT Hyundai Motors Indonesia (HMID) is expanding charging accessibility in Indonesia through its EV Charging Subscription program and an extensive network of public charging stations. Initially launched in November 2024 exclusively for Hyundai customers, the program is now available to all EV owners, providing access to charging at up to...

News  Updated at: 2025/02/21

GM targets USD 2 billion in Super Cruise revenue annually in next 5 years GM expects to receive USD 2 billion of revenue annually within the next five years, according to CEO Mary Barra said on January 28 on the OEM’s Q4 earnings call. In 2024, GM saw subscription attach rates of about 20% of a base of roughly 18,000 vehicles after their three-year trial ended in 2024. In 2025, an additional 33,000 vehicles will end their trial period and as GM...

News  Updated at: 2025/02/19

r, with the Fiat Mobi, Peugeot 208, and Fiat Cronos dominating key segments. Stellantis continues to drive innovation and local production, reinforcing its commitment to the Argentine automotive industry. Additionally, the brand maintained strong performance in savings plans, capturing 37.8% of the subscription market. (Stellantis Argentina on February 6, 2025)...

News  Updated at: 2025/02/07

SelfDrive Mobility partners with FAW Group's Bestune to add fleet of 1,500 vehicles in the UAE On February 1, SelfDrive Mobility, UAE's Largest car rental company, announced a strategic collaboration with FAW Group's Bestune, and Al Khalid Auto. The partnership will bring Bestune’s models, including the B70 and T77, to the UAE market, with subscription plans. The partnership will add a fleet of 1,500 new cars in the UAE, scaling to 5,000 unit...

News  Updated at: 2025/02/05

lly charged battery swaps in under two minutes, reducing downtime and improving operational efficiency. Additionally, it lowers upfront costs for customers by offering scooters without requiring battery ownership. The network of swapping stations is spread across urban and semi-urban areas, while a subscription-based model provides a cost-effective solution for riders. (Based on Jitendra New EV Tech press release)...

News  Updated at: 2025/01/28

are capital to zero as part of financial restructuring. This will remove current shareholders without compensation and lead to the delisting of the company’s shares. At the same time, the company will raise EUR 60 million in new equity through a capital increase funded by cash and assets, without subscription rights. This will be backed a company controlled by the current indirect majority shareholder, Dr. Dr. Michael Tojner and an investment ...

News  Updated at: 2025/01/27

Bharat Mobility 2025: Vayve Mobility, India launches Eva Solar electric car On January 18, 2025, Vayve Mobility launched its solar electric car, Eva at the Bharat Mobility Expo 2025. The Eva is available in three different variants: 9 kWh, 12 kWh, and 18 kWh, with prices ranging from INR 325 thousand to INR 599 thousand. Consumers can choose from these variants, with flexible battery subscription options available. The pre-bookings are now open, ...

News  Updated at: 2025/01/20

Thai EA begins fundraising for next phase of recovery On January 7, 2025, Thailand-based renewable energy firm Energy Absolute PCL (EA) won near-unanimous shareholder support to raise around THB 7,400 million from a Rights Offering to existing shareholders. The subscription period for the Rights Offering is January 17 – 23, 2025. EA said the additional capital will further strengthen its financial position and assist it in capturing the excitin...

News  Updated at: 2025/01/14

facial recognition, distraction detection, biometric monitoring, and smart preferences. Automakers can quickly analyze trends and deliver new features via over-the-air updates, ensuring vehicles are always up to date with the latest technology. FLEXConnect presents OEMs with a way to capitalize on subscription-based services, unlocking new revenue streams by offering drivers features that adapt to their evolving needs. (Mitsubishi Electric Corpo...

News  Updated at: 2025/01/08

mizable experience space. Users can configure this space in a variety of different ways, while the modular design makes it possible to equip the rear cabin with various appliances, enabling users to select combinations that meet their particular preferences.  LG plans to offer the MX platform as a subscription service, making it accessible to a broader audience. (LG Electronics release on January 2, 2025)...

News  Updated at: 2025/01/03