Redesign, reinvent, reimagine: whole new ways of approaching the old problems of engineering and producing a saleable vehicle are encapsulated in two letters, ‘re–’, a tiny prefix which carries a lot of semantic weight. It was while mulling over the possibilities of “redesigning”, “reinventing”, and “reimagining” the traditional business model that co-founder and CEO Daniel Barel came up with the name REE Automotive for his startup firm, originally established in 2011 and now a public company with business premises in Israel, the UK, and the USA.

Rêver Automotive Thailand Company Ltd is the name of the Thai importer and distributor BYD vehicles, which will now be responsible for assembling the vehicles through a subsidiary at a facitlity near Bangkok.

Isuzu said its new PUV was developed to support the Philippine Department of Transportation’s PUV Modernization Programme (PUVMP), which aims to replace the ageing fleet of “jeepney” public transport vehicles across the Philippines.

The company confirmed it has agreed to deepen cooperation with Mitsui Sumitomo Marine (China) Company Ltd, and Panasonic Holdings Corporation, in the areas of battery asset management and risk control for new-energy heavy trucks.