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India has 150m drivers, but only 8,000 want EV

Bloomberg Hyundai Motor launched India’s first electric SUV this summer with a quirky TV commercial urging millennials to “Drive Into the Future.” A few months later, the automaker finds itself on a lonesome road. In a nation of about 150 million drivers, only 130 Kona SUVs were sold to dealers through August. That slow pace is emblematic of the difficulties ...

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India’s Jaishankar says trade deal with US ‘not that easy’

Bloomberg Indian Foreign Minister Subrahmanyam Jaishankar said that a trade deal with the US is “not that easy,” but trade ministers from both sides were trying to iron out their differences. “It’s a fairly complicated set of issues because you are really looking at trying to clear up issues.” Jaishankar said, speaking at the India Economic Summit organised by the ...

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Vietnam exports may post slower growth: Trade war

Bloomberg Vietnam’s exports this year may rise between 7% and 7.5% from 2018, a steep decline from the previous two years mainly because of rising global trade tensions, Hai Quan newspaper reported, citing the Ministry of Industry and Trade Ministry. Trade tensions between the US and China, Japan and South Korea, and slower economic growth in some countries reduce demand ...

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