Hyundai Mobis signs investment agreement with Slovak government to establish new electrification plant

Hyundai Mobis signs investment agreement with Slovak government to establish new electrification plant

Hyundai Mobis, is expanding its electrification business for global automakers by establishing an additional production base for crucial electric vehicle (EV) components in Europe
Indonesia aims to become key chain in global EV industry

Indonesia aims to become key chain in global EV industry

Indonesian officials have emphasised the importance of developing downstream industries, particularly in electric vehicle (EV) battery production, to enhance the country's economic value.
Pointed pivot can ensure EV success

Pointed pivot can ensure EV success

Vietnam’s journey towards electric vehicle adoption and reduced emissions, while challenging, can be achieved through strategic planning, supportive tax policies, and robust infrastructure to meet its green transformation goals.
Tech players take on EV charging infrastructure

Tech players take on EV charging infrastructure

Electric vehicle charging station companies are looking for more incentives to facilitate their expansion in the Vietnamese market.
China’s EV inroads ring alarm bells

China’s EV inroads ring alarm bells

A wave of car manufacturing factory closures in Thailand is spreading due to China’s aggressive electric vehicle entry and price cuts, posing questions for other countries in Southeast Asia.
Chinese electric vehicle names remain in pole position of market expansion efforts

Chinese electric vehicle names remain in pole position of market expansion efforts

Vietnam is emerging with decent prospects as an electric vehicle manufacturing hub for the region, as Chinese electric vehicle makers from Chery to BYD flock to the country.
China's Xiaomi enters car market with new electric vehicle

China's Xiaomi enters car market with new electric vehicle

Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
VinFast broadens pursuit to rule EVs

VinFast broadens pursuit to rule EVs

VinFast is building on advances made in 2023 by strategically expanding into markets such as India, Indonesia, and Oman.
What’s behind VinFast’s investment ambitions in India?

What’s behind VinFast’s investment ambitions in India?

VinFast’s decision to open a manufacturing plant in India as a strategic manoeuvre that not only leverages the potential of a burgeoning electric vehicle market but also positions the company favourably against future competitors.
Malaysia looks to become EV manufacturing hub in Southeast Asia

Malaysia looks to become EV manufacturing hub in Southeast Asia

Malaysia aims to attract more electric vehicle (EV) manufacturers as it is striving to establish itself as an EV manufacturing hub for the Association of Southeast Asian Nations (ASEAN), an official has said.
Thailand discovers nearly 15 million tonnes of lithium

Thailand discovers nearly 15 million tonnes of lithium

Thailand has discovered nearly 15 million tonnes of lithium deposits, a government spokesman said Friday, a boost for the kingdom's goal of becoming a regional hub for electric vehicle production.
Vietnam, Indonesia eye cooperation in EV development, food security, manpower

Vietnam, Indonesia eye cooperation in EV development, food security, manpower

Indonesian Industry Minister Agus Gumiwang Kartasasmita has invited Vietnam to cooperate in the development of several sectors, including the electric vehicle (EV) industry, green industry, food security, research and development, and human resources.
Potential is substantial for the electric vehicle industry

Potential is substantial for the electric vehicle industry

In Vietnam, the automotive sector anticipates maintaining its growth trajectory of recent years.
Net-zero through electrifying Vietnam’s commercial transport

Net-zero through electrifying Vietnam’s commercial transport

The electric vehicle revolution is taking the world by storm, and Vietnam has found itself in the middle of it.
ASEAN EV market to hit 2.7 billion USD by 2027: Malaysia’s minister

ASEAN EV market to hit 2.7 billion USD by 2027: Malaysia’s minister

The ASEAN electric vehicle (EV) market is projected to reach 2.7 billion USD by 2027, more than five times higher than 500 million USD in 2021, Malaysian Minister of Investment, Trade and Industry Tengku Zafrul Abdul Aziz has said.
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