Indonesia Fans The Electric Vehicle Market Fire In Southeast Asia
The market is watching China, Thailand and Vietnam for electric vehicle (EV) market movements. Indonesia has declared its entry into the competition. It would not be long when the market welcomes an Indonesia EV.
Thailand Sets THB24 Billion EV Battery Subsidy For Domestic Production
The state’s EV battery subsidy is expected to help manufacturers cut production costs, which in turn would make EVs more affordable in the domestic market.
Is Thailand’s Automotive Prepped For All Electric Or Hybrids?
Thailand may have earned its position as the world’s largest automotive manufacturer. While it tries to gain in on electric vehicles (EV), the country has yet to strike a delicate balance between profitability and costs.
Chinese EV Maker BYD Said To Build Vietnam Component Plant
VinFast will face competition on home ground when Chinese electric vehicle (EV) maker BYD Auto Co builds a plant in Vietnam to produce car parts, Reuters learnt — in a move that would reduce the company’s reliance on China and deepen its supply chain in Southeast Asia as part of a global expansion.
China EV Makers Eye Southeast Asia As Competition At Home Heats Up
Chinese EVs are affordable for customers in Southeast Asian nations and Chinese EV makers have few competitors there. Asean countries are now target markets for Chinese EV companies whose cars range from RMB 100,000 — 200,000.
Thailand Launches First Carbon Credit Exchange To Curb Emissions
Thailand launched its first carbon credit exchange, marking a major step toward the country’s goal to achieve carbon neutrality by 2050 and combat climate change.
Southeast Asia Hopes To Become The Next EV Hub
Many are turning to electric vehicles (EVs) as a way of reducing carbon emissions. Global efforts to diversify supply chains combined with the drive to adopt green technology have left an opportunity for EV production ripe for the taking, especially in Southeast Asia.
Great Wall Motor Thailand Offers Tips For Electric Vehicle Users
The EV trend is undeniably growing in Thailand, as more and more people are seeking out electric vehicles. Although Thailand’s EV infrastructure is expanding to cover most areas, EVs are still new to many Thais, leaving them intrigued and concerned about potential problems when using EVs.
Malaysia’s Manufacturing, Construction, Service Sectors May Recruit Workers From 15 Countries
The federal government has decided to allow migrant workers from 15 countries to be employed in the country’s manufacturing, construction and service sectors, said Datuk Seri Hamzah Zainudin.
