Vietnam to restrict manufacture and import of fossil fuel vehicles from 2040; green energy required by 2050
Vietnam will begin imposing restrictions on the import and manufacture of vehicles that run on fossil fuels from 2040 according to the country’s government programme on energy transition, VN Express reported. The Vietnam government’s energy transition programme outlined targets for the reduction of carbon and methane emissions from the transport sector, aimed at making it a zero-emissions […]
‘Center Of The Global Battery Industry’: Samsung Builds $1.3 Billion EV Battery Plant In Malaysia
Samsung Electronics’ battery arm, Samsung SDI, has broken ground on a $1.3 billion factory in Malaysia to take advantage of the Southeast Asian country’s solid yet inexpensive tech climate and vie for a place in the growing global market for electric vehicle batteries.
Minister Hartarto lauds Toyota’s commitment on furthering investment
Jakarta (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto responded positively to Toyota Motor Company’s initiative to further increase investment in the development of electric vehicles in Indonesia on account of the prospective demand in future.
Samsung SDI Energy to invest RM7bil for a battery factory in Malaysia
SEREMBAN: Samsung SDI Energy Malaysia Sdn Bhd (SDIEM) will invest some RM7bil to build a state-of-the-art facility to manufacture batteries for electric vehicles (EV) near its existing plant at the Taman Tuanku Ja’afar Industrial Area near here.
When energy giant, Shell, combined strengths with Malaysian startup, ParkEasy
Warren Chan’s eight years as an entrepreneur, running Pixelbyte Sdn Bhd with co-founders Eric Tan and Winnie Mah have yielded two key lessons. The first was not to force things but to observe and go with the flow as you are making changes. “In my early days, I used to try so hard to make […]
Indonesia energy firm Indika eyes $2 bln EV venture with Taiwan’s Foxconn
JAKARTA, July 20 (Reuters) – Indonesia’s PT Indika Energy (INDY.JK) is considering jointly investing $2 billion with Taiwan-based Foxconn (2317.TW) on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday.
Thai EV battery market heats up as key players jump in
BANGKOK: From a state-owned enterprise to a renewable energy startup, key players are jumping into Thailand’s electric vehicle battery market, driven by the government’s push to make the country a regional production hub for EVs and their components.
Foxconn and PTT to build EV plant in Thailand
Horizon Plus, a joint venture between Foxconn and energy company PTT, will establish a new EV manufacturing plant that occupies an area in Thailand’s Eastern Economic Corridor.
