Investing in EVs is like ‘spinning the wheel of fortune’ - THE EDGE SINGAPORE

Tong's Portfolio

Investing in EVs is like 'spinning the wheel of fortune'

Major carmakers are responding by accelerating their EV rollout plans.


Pleasing and predictable

SINGAPORE (Nov 12): The new Golf 1.4 Highline is the latest variant of the popular hatchback to hit our streets, taking the number of models to four. That’s right, there are four versions of the Golf currently available.


The electric-car boom is so real even oil companies say it's coming

NEW YORK (April 26): Electric cars are coming fast -- and that’s not just the opinion of carmakers anymore. Total SA, one of the world’s biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next de
VW Caddy


Two in one

SINGAPORE (March 6): A half-van, half-people-carrier hybrid, the VW Caddy can quickly morph from one into the other
Mitsubishi Motors

Nissan to take key stake in scandal-hit Mitsubishi Motors: sources

TOKYO (May 12): Nissan Motor Co is set to take a key stake in Mitsubishi Motors Corp, two sources familiar with the matter said, in a US$1.8 billion ($2.5 billion) deal that bails out its scandal-hit rival and boosts Nissan's clout in the small car ma

Toyota sees first profit drop in five years on yen strength

TOKYO (May 11): Toyota Motor Corp said annual net income will probably decline for the first time in five years, as currency swings that had spurred record profits now pose stiff headwinds.