Huawei-Chery EV brand Luxeed offers RM11,000 cash rebate on EVs through July
File picture of the Chery logo. The electric vehicle brand Luxeed, jointly developed by China's Huawei and Chery, will offer cash subsides of 20,000 yuan (RM11,808) for all of its cars until the end of July, Huawei's smart car alliance said today.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
2 hours ago
- The Star
UN agency pushes AI ethics standards as US-China tech rivalry deepens
A United Nations agency is rallying policymakers, non-government organisations and academics to support its ethics guidelines on artificial intelligence (AI) at a time when the technology is rapidly changing the world. Unesco, the 194-member UN heritage agency that produced the world's first – and so far only – global AI ethics standards four years ago, hosted a forum in Bangkok this week to drive the adoption of its recommendations. However, there is a long way to go before the recommendations could be turned into a universal, actionable framework amid an intensifying AI race between the US and China, according to analysts. At the opening on Wednesday of the third Unesco Global Forum on the Ethics of AI, Unesco director general Audrey Azoulay called for collaboration among governments, businesses and civil society to come up with an international solution. 'That is what Unesco is working to provide – preparing the world for AI and preparing AI for the world, ensuring it serves the common good,' she said. The message comes as hopes are dimming for a global consensus on AI ethics. A bipartisan group of US lawmakers introduced a bill in both chambers of Congress to ban the federal use of China-linked AI tools such as DeepSeek, in the latest sign of hostility in the tech rivalry between the world's two largest economies. Meanwhile, the world's largest AI companies, from US-based OpenAI and Google to China's DeepSeek, were absent from the forum, which attracted more than 1,000 participants and 35 government ministers, mainly from Asia-Pacific, Africa and Latin America. When asked how other countries would respond to the divisions in the AI world, Wisit Wisitsora-At, Permanent Secretary at the Thai Ministry of Digital Economy and Society, said Thailand would not take sides in the US-China competition, adding that it would try to develop its own AI ecosystem. Thai Prime Minister Paetongtarn Shinawatra, who is facing political pressure at home over a leaked phone call with Cambodian strongman Hun Sen, delivered a speech in English, listing her country's AI development goals, including 90,000 AI professionals and over US$15 billion in spending for AI infrastructure. With the noticeable absence of American and Chinese government delegations at the three-day event – even though the US rejoined the group in 2023 after its withdrawal during the first Trump administration – the forum provided a stage for policymakers from the Asean region and 'global south' countries, from Malaysia and Indonesia to Zambia and Zimbabwe, to voice their ambitions, concerns and priorities in coping with AI. Irakli Khodeli, the head of ethics at Unesco's AI unit, said in an interview on Thursday that different countries had their own priorities for now, with some highlighting 'security' while others were aiming for 'access to AI'. A key aim of the gathering was to discuss the 'readiness assessment methodology', a tool to turn the UN body's AI ethics recommendations into policy actions. The assessment includes a questionnaire for governments, asking questions such as, 'Is there a specific consideration for the impact of AI on land and water use?'. More than 70 countries have taken part in the methodology. 'It is not a talk shop, it is a workshop for members to exchange notes,' Khodeli said of the event. At the gathering, some participants publicly outlined the challenges faced in applying ethics guardrails to AI development. Rachel Adams, founding CEO of the Global Centre on AI Governance, a non-profit organisation in South Africa, and author of The New Empire of AI: The Future of Global Inequality , said many civil society groups were having funding problems since US President Donald Trump shut down the United States Agency for International Development. During a panel discussion at the event, Zeng Yi, dean of the Beijing Institute of AI Safety and Governance and a professor with the Chinese Academy of Sciences, said it was not difficult for countries to agree on terminologies such as transparency, but it was much harder to translate them into actual measures on the ground. Unesco sponsored the South China Morning Post's trip to the Bangkok event. - SOUTH CHINA MORNING POST
Malay Mail
6 hours ago
- Malay Mail
VinFast inaugurates electric vehicle plant in Hà Tĩnh
The delegates cut the ribbon at the inauguration ceremony of the VinFast electric vehicle manufacturing plant in Hà Tĩnh. The VinFast electric vehicle manufacturing plant in Hà Tĩnh, located in the Vũng Áng Economic Zone, commenced operations in less than seven months since the project was initiated. Covering an area of 360,000 square meters, the plant has an annual production capacity of 200,000 vehicles. HÀ TĨNH, VIETNAM - Media OutReach Newswire - 29 June 2025VinFast has officially inaugurated its electric vehicle (EV) manufacturing plant in Hà Tĩnh, located in the Vũng Áng Economic Zone, less than seven months after construction began. Spanning 360,000 square meters and with a designed capacity of 200,000 vehicles per year, this marks VinFast's fifth manufacturing facility worldwide, highlighting the Vietnamese brand's remarkable execution speed and strong industrial inauguration ceremony of the VinFast Hà Tĩnh EV manufacturing plant was attended by Deputy Prime Minister Nguyễn Chí Dũng, along with senior current and former leaders of the Party, the Government, and Hà Tĩnh Hà Tĩnh plant is VinFast's second EV manufacturing site to officially go into production, and the fifth project within the company's developing global production network. With construction and equipment installation completed in under seven months, VinFast Hà Tĩnh is one of the fastest-built automobile factories in the world to factory covers a total area of 360,000 square meters and includes key workshops such as the Body Welding Shop, Painting Shop, General Assembly Shop, a Logistics Warehouse, and a Quality Control Center. In addition, a 240,000-square-meter auxiliary cluster is under construction, with plans for further expansion in the coming Hà Tĩnh is equipped with one of Southeast Asia's most advanced and highly automated production lines, featuring state-of-the-art technologies from leading global partners such as ABB, DÜRR, FANUC, and SIEMENS. All manufacturing processes strictly comply with international standards including ISO 9001 (Quality Management Systems), ISO 14001 (Environmental Management Systems), and IATF 16949 (Automotive Quality Management Systems).In its initial phase, the plant has a design capacity of approximately 200,000 vehicles per year, with an average output of 35 vehicles per hour. Future plans include expanding capacity to meet growing market optimize production lines during the early stages, the Hà Tĩnh plant will focus on compact urban EV models such as the VF 3, Minio Green, EC Van, and several upcoming models currently in development. Vehicles produced at the plant will serve both the domestic market and international facility is expected to create approximately 6,000 direct jobs in its initial phase, with the potential to expand its workforce to 15,000 in the future, supporting local employment and contributing to the region's socioeconomic development. Additionally, the presence of VinFast Hà Tĩnh is expected to attract auxiliary partners to set up operations in the industrial zone, creating a synchronized supply chain and advancing the goal of reaching over 80% localization in electric vehicle production by at the ceremony, Mr. Võ Trọng Hải, Deputy Secretary of the Provincial Party Committee and Chairman of the Hà Tĩnh Provincial People's Committee, congratulated VinFast and praised the important role and contributions of the VinFast Hà Tĩnh plant to the province's economic and social Nguyễn Việt Quang, Vice Chairman and CEO of Vingroup, said:In the first five months of 2025, VinFast has become the top-selling auto brand in Vietnam, delivering over 56,000 vehicles. The VF 3, VF 5, and VF 6 models have been among the bestsellers. VinFast EVs are also gaining traction in international markets such as the Philippines and currently has five manufacturing facilities in development across Vietnam, the United States, India, and Indonesia. In addition to the two operational plants in Vietnam (VinFast Hải Phòng and VinFast Hà Tĩnh), the facilities in India and Indonesia are expected to be inaugurated soon to meet demand in strategic international markets./.Hashtag: #VinFast The issuer is solely responsible for the content of this announcement. About VinFast VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer 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 and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at
New Straits Times
10 hours ago
- New Straits Times
WTO key to resolving global trade tensions, says economist
ROME: The global tariff tensions initiated by the United States should be addressed through the multilateral platform of the World Trade Organisation (WTO), an Italian economics expert has said. Mario Tirelli, a professor of economics at the University of Roma Tre, told Xinhua on Friday that the current US-led trade disputes have broadened to affect nearly the entire world, including the European Union (EU), and are causing heightened uncertainty, something he described as "bad for the EU." "The most important sectors of international trade between the EU and the US are machinery and transportation equipment, which accounted for nearly 40 per cent of all EU exports to the US in 2024," Tirelli noted. These sectors, he added, are among the most severely affected by the newly imposed tariffs. He criticised the Trump administration's approach to trade relations, describing it as fundamentally opposed to multilateralism. "We have to try to move this type of negotiation back to multilateral platforms," he said, adding that the WTO remains the ideal venue where countries' concerns can be addressed openly and fairly. As the US has shown declining interest in supporting multilateral institutions such as the WTO, Tirelli called on the EU, China, and other like-minded countries to work together to uphold the multilateral framework. He said this collective support could serve as leverage to encourage the US to return to multilateral negotiations. As a professor of game theory, Tirelli acknowledged that reaching a trade agreement between the EU and the US would be difficult but emphasised that the EU is not necessarily in a weak position, provided its member states maintain unity. "European countries have to understand that negotiation power will be really weak if they are divided," he said. Tirelli also highlighted the importance of maintaining cooperation between China and the EU, noting that the 50th anniversary of EU-China diplomatic ties presents an opportunity to deepen bilateral trade and investment. "Through trade with China, the EU can achieve highly competitive gains in sectors like green energy, including electric batteries and cars," he said.
