Electric vehicles

US regulators limit commercial deployment of vehicles that do not adhere to decades-old safety standards that were written for human-driven vehicles

The new cuts announced on Sep 3 bring total reductions to around 100,000

Companies such as BYD and Geely are quickly gaining market share around the world

Green and Smart Mobility will rely on company-owned cars and employed drivers for its launch in new markets

The reduction to S$15,000 from S$40,000 is aimed at the largest segment of EHVs in the 3,501 to 7,000 kg range

It aims to save 1.5 trillion yen (US$9.4 billion) by 2030

Vehicle sales for Q2 stood at 29.1 billion yuan, up 80.1% year on year and 27.5% higher than in Q1

Cumulative deliveries are at nearly 1.3 million as at Aug 31

Prolonged industry downturn persists into July, the latest period for which sales data is available.