Indonesia’s first EV battery factory expected to come into operation next month
Indonesian President Joko Widodo (Jokowi) has told the media that the first electric vehicle (EV) battery factory in the country will begin operating in June.
Southeast Asia - Tue, May 7, 2024 | 10:15 pm
Samsung Electro-Mechanics, Samsung SDI post Vietnam revenue of $2.4 bln in 2023
Samsung Electro-Mechanics (SEM) - the semiconductor and camera module arm of South Korea chaebol Samsung, and Samsung SDI - the battery arm of Samsung, earned combined revenue of $2.36 billion in Vietnam in 2023, according to their separate financial statements.
Companies - Fri, March 8, 2024 | 11:00 am
VinFast, Marubeni link up in further usage of EV battery
VinFast, the electric vehicle (EV) arm of Vietnamese private conglomerate Vingroup, and Marubeni, a major Japanese trading and investment conglomerate, will cooperate in exploring opportunities in secondary use of EV batteries, towards a circular economy model.
Companies - Tue, December 19, 2023 | 11:06 am
Bosch unveils latest SM Mega Boost Battery for Vietnamese market
Bosch Automotive Aftermarket (AA) Vietnam has unveiled its latest SM Mega Boost battery, the latest variation to join its extensive vehicle battery lineup, specifically for the Vietnamese market.
Companies - Mon, December 11, 2023 | 3:12 pm
Vietnam carmaker VinFast to get $500 mln loan from US development institution
Vietnamese electric vehicle maker VinFast and the U.S. International Development Financial Corporation (DFC) have signed a letter of interest (LoI) to consider a formal application by VinFast for a $500 million loan to establish a lithium-ion battery manufacturing facility in Vietnam.
Companies - Mon, December 4, 2023 | 9:51 pm
Vietnam automaker VinFast to merge with battery maker VinES at zero cost
Vietnamese electric vehicle maker VinFast will merge with battery maker VinES under private conglomerate VinGroup in a move that will involve VinGroup chairman Pham Nhat Vuong donating 99.8% of VinES shares to the automaker.
Companies - Thu, October 12, 2023 | 9:58 am
EcoGraf, VinES establish Australia-Vietnam cooperation in battery production
Australia-based EcoGraf and Vietnam-based VinES have signed a non-binding memorandum of understanding (MoU) on a feasibility study for localization of battery anode material (BAM) in Vietnam.
Industries - Mon, October 9, 2023 | 6:44 pm
Malaysia’s Solarvest installs 11 solar projects in Vietnam
Malaysia’s energy solution provider Solarvest Holdings Berhad, via its wholly-owned subsidiary Solarvest (Vietnam) Co. Ltd., has installed 11 rooftop solar projects in Vietnam.
Energy - Tue, September 26, 2023 | 10:49 am
VinES factory produces first batteries for VinFast EVs
VinES, the battery-maker subsidiary of Vietnamese private conglomerate Vingroup, has produced the first battery packs for electric vehicles (EVs) made by the group’s automotive subsidiary VinFast.
Companies - Sat, September 16, 2023 | 4:06 pm
Chinese giant BYD to raise investment by $144 mln in Vietnam’s Phu Tho province
Chinese giant BYD will increase its investment in Vietnam by $144 million, Phu Tho province’s industrial park authority has announced.
Industries - Tue, August 29, 2023 | 3:14 pm
Vietnam tops Southeast Asia in solar photovoltaic supply: ADB
Vietnam is the top solar photovoltaic (solar PV) supplier in Southeast Asia, accounting for 5% of the global supply, according to the Asian Development Bank (ADB).
Investing - Fri, August 25, 2023 | 1:38 pm
Energy solutions major Gotion holds 15 mln of VinFast shares
Gotion Inc., an energy solutions company aiming at creating the next generation of battery technology, owns 15 million VFS shares of Vietnamese electric vehicle maker VinFast, according to a filing with the U.S. Securities and Exchange Commission (SEC).
Companies - Sat, August 19, 2023 | 9:33 pm
E-motorbikes can give gasoline peers a run for their money: Vietnamese entrepreneur
With better mileage and other “outstanding” features, electric motorcycles can win the market race against their gasoline-fuelled peers, says Selex Motors CEO Nguyen Huu Phuoc Nguyen. The founder of Vietnam’s first EV startup applying the battery exchange model tells The Investor that his entrepreneurial zeal is driven by the desire to put Vietnam on the global tech map.
Executive Talk - Tue, August 8, 2023 | 2:08 pm
EV maker VinFast builds $4 bln US complex, gets nod for US listing
Vietnamese electronic vehicle (EV) maker VinFast announced Friday it plans a stock market listing in the U.S. next month and broke ground the same day on its $4 billion EV and battery manufacturing complex in North Carolina.
Companies - Sat, July 29, 2023 | 9:15 am
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