Transport & Logistics
JPMorgan upgrades Tesla to ‘neutral’, expects robotics to drive long-term growth
The bank hikes its price target on the electric-vehicle maker’s shares to US$475 from US$145
China speeds past Japan in Australian car imports on EV bonanza
Electric vehicles and hybrids account for almost half of the cars sold in Australia in May
Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say
Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlier
Singapore Airlines in talks for major new jet order: sources
The carrier is seeking offers for the 400-seat Boeing 777X or the slightly smaller Airbus A350-1000
Commercial vehicle COE likely to breach S$100,000; mainstream car premiums to remain elevated
EV demand, high diesel prices and short supply will continue driving upward pressure: observers
Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder
CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion
Nio delivers 37,705 vehicles in May, up 62.3% year on year
Cumulative deliveries hit 1.1 million as at end-May
Strait of Hormuz ship transits are rising thanks to US help
Some of the ships that have crossed belong to companies that had not transited Hormuz since the war began
BYD debuts China’s most advanced EV chip in smart-driving push
The most advanced chip globally is the 2nm N2 node made by Taiwan Semiconductor Manufacturing Company
OKP wins S$165.3 million LTA contract for commuter infrastructure works
It will design and construct elevator shafts at 30 pedestrian overhead bridges
