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Hello there,
I don’t like a story with a loose ending. I recently read a novel that finished abruptly and it just left my brain trying to figure out what would have been a better way to finish it.
I understand the reason why writers do this – it forces the reader to think – but it just leaves me with an unsatisfied feeling.
That brings me to a story we had published earlier in May on a court battle between Ion Mobility CEO James Chan and former COO Joel Chang. The electric vehicle manufacturer had filed a temporary injunction against Chang in the Singapore High Court that barred him from being involved with operations of Charged Asia, an EV company that he founded after leaving Ion Mobility.
However, the issue between the two parties has been “settled amicably,” Chang says. That has enabled him to return to the helm of Charged Asia. Besides Ion Mobility, Chang is also a co-founder of another two-wheeler EV maker, Scorpio Electric.
With the feud between Ion Mobility and Charged Asia over, their battle for dominance in the EV two-wheeler space continues in the hotly contested Indonesian market. In this week’s Big Story, my colleague Nikita follows up with Chang on what Charged Asia is doing.
While Charged Asia is using a white-label approach to sourcing parts from partners, Ion Mobility has stepped away from this strategy and resorted to building e-bikes from scratch.
According to Chan, existing white-label offerings can’t convince people to make the move from combustion vehicles to EVs. More on this in our second Big Story.
Speaking of making moves, in AI Odyssey, I explore Amazon’s latest announcements in the generative AI space, which are designed to keep its leadership position in cloud services. But first, our big stories.
— Collin
THE BIG STORIES
1️⃣ Last to start, but first on road: New Singapore e-bike maker heats up EV race
Image credit: Made by Tech in Asia using AI
Charged Asia, which has a zero-emissions facility in Indonesia, says it has sold nearly 1,000 bikes since December 2022.
AI ODYSSEY
FYI
NEWS YOU SHOULD KNOW
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