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 […]
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.
VinFast partners with ProLogium on solid-state EV batteries
Vietnamese automaker VinFast, which expects to launch two electric vehicles in Europe and the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast said in a statement.
Thai PM promises to accelerate Thailand’s electric vehicle future
The Thai PM wants to cement Thailand’s reputation as the biggest SE Asian hub for car manufacturing, and electric cars too. Currently Thailand is the world’s 10th largest manufacturer of vehicles (OICA 2021).
Developing an Electric Vehicle Ecosystem in Indonesia; Integrating the Upstream & Downstream Sectors
Over the past years we have mentioned on several occasions that the electric vehicle is the automotive industry’s future thanks to three key inter-related circumstances: (1) recent rapid technological developments that allow the electric vehicle battery to be more energy efficient, (2) the world’s eagerness to move away from fossil fuels toward renewable energy, and […]
Indonesia Says Foxconn May Invest in Projects for New Capital
Indonesia said Foxconn Technology Group is considering investing in the country’s new capital, a move that would bolster the $34 billion construction project.
