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
Thailand’s EV sales forecast to miss target
Electric vehicle (EV) sales in Thailand may fail to reach the estimate of 130,000 units this year as prices are likely to keep changing, according to Hyundai Mobility Thailand.
Southeast Asia - Sat, April 20, 2024 | 11:48 am
EV maker VinFast posts 270% revenue growth in Q1
Vietnamese electric vehicle (EV) maker VinFast on Wednesday reported revenue growth of 269.7% year-on-year to $302.6 million in the first quarter of 2024.
Companies - Thu, April 18, 2024 | 9:29 am
VinFast begins sales of VF DrgnFly electric bike in United States
VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will begin selling its VF DrgnFly electric bike in the U.S. later this month, with a listed price of $2,599, the EV maker said Friday.
Companies - Fri, April 12, 2024 | 9:06 pm
Vietnam-China joint venture to build $800 mln automobile factory
Vietnamese conglomerate Geleximco and Omoda & Jaecoo Automobile, a subsidiary of Chinese state-owned automaker Chery Automobile, will jointly build an $800-million automobile factory in Vietnam's northern province of Thai Binh.
Industries - Thu, April 4, 2024 | 5:02 pm
Thailand eyes upgrading second-tier tourism areas
The Tourism Authority of Thailand (TAT) wants to increase tourism in second-tier areas by improving small hotels and promoting electric vehicle (EV) travel, the Bangkok Post reported.
Southeast Asia - Tue, April 2, 2024 | 9:30 pm
Vietnam EV maker VinFast opens first dealership in Indonesia
Indonesian firm PT Gallerie Setia Utama has opened the country’s first VinFast dealership, marking a milestone for the Vietnamese electric vehicle (EV) maker.
Companies - Tue, April 2, 2024 | 7:32 pm
VinFast inks EV distribution pact for Micronesia, launches EV charging stations venture
VinFast, the electric vehicle arm of Vietnamese conglomerate Vingroup, said Wednesday that it has signed a cooperation agreement with Guam AutoSpot to distribute its EVs in Micronesia.
Companies - Wed, March 20, 2024 | 8:58 pm
VinFast to attend motor shows in Thailand, Canada, sell EVs in Africa
VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will attend international motor shows in Thailand and Canada, and attempt to break into the African market this year.
Companies - Sat, March 16, 2024 | 10:22 am
Southeast Asia becomes Tesla's priority for expansion
Expansion into Southeast Asia is a priority of Tesla, Rohan Patel, a senior executive of the US automotive company, said on Tuesday, highlighting the fast-growing market where the company faces competition from China's BYD.
Southeast Asia - Thu, March 14, 2024 | 12:04 pm
Malaysia proposes one-time subsidy for EV owners
The Ministry of Investment, Trade and Industry (MITI) of Malaysia has presented a proposal for a one-time subsidy for electric vehicle (EV) owners to boost the growth of this industry.
Southeast Asia - Fri, March 1, 2024 | 8:18 pm
VinFast's move into Indian market a significant stride in global expansion: RMIT expert
Indian-born RMIT senior lecturer Dr. Majo George hailed VinFast’s decision to open a manufacturing plant in India as a strategic manoeuvre that will not only leverage the potential of a burgeoning electric vehicle (EV) market but also position the company favorably against future competitors.
Economy - Thu, February 29, 2024 | 8:02 am
VinFast begins building $500 mln EV factory in India
VinFast Auto, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, officially broke ground on its first integrated EV manufacturing facility in the state of Tamil Nadu, India, on Sunday.
Industries - Mon, February 26, 2024 | 11:11 am
Samsung SDI partners with Selex Motors to make electric vehicle batteries in Vietnam
Selex Motors and Samsung SDI on Friday inked a strategic partnership memorandum for the development of electric motorcycle batteries.
Companies - Sat, February 24, 2024 | 2:55 pm
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
