Chinese EV makers slip further in Europe amid tariff tussles

Chinese EV makers slip further in Europe amid tariff tussles

CHINESE carmakers’ push into the European electric vehicle (EV) market continued to meet resistance, with their share of deliveries to the region slipping during October in the run-up to new tariffs. Manufacturers including Saic Motor’s MG and BYD accounted for 8.2 per cent of European EV registrations for the period, according to researcher Dataforce. That…

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MUFG offers to buy WealthNavi for 99.7b yen in fintech push

MUFG offers to buy WealthNavi for 99.7b yen in fintech push

Japan’s biggest bank is seeking to purchase robo-adviser through a tender offer at 1,950 yen a share and make it a wholly owned unit Mitsubishi UFJ Financial Group plans to buy Japanese robo-adviser WealthNavi for as much as 99.7 billion yen (S$890.9 million), as it looks to expand its financial-technology capabilities and cater to households…

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