Laos gives green light for investment in EVs
The Lao government will allow investments by domestic and foreign entrepreneurs in the development of electric vehicles (EVs) in Laos to benefit motorists and reduce the import of fuel-inefficient cars against the backdrop of a global spike in energy prices.
Thailand BOI Approves US6.2 Billion in Investments, Including Foxconn-PTT’s EV Venture, and Improved Battery, Smart Zones Incentives
The Thailand Board of Investment (BOI) at a meeting today approved a combined 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwan’s Foxconn and Thailand’s PTT PCL, to make battery electric vehicles (BEV), and approved enhanced benefits for investment in battery production, building up on […]
Saving energy with EcoFlow’s power stations
EcoFlow, a portable power and renewable energy solutions company, provides easy access to clean energy through its power banks and solar panels. These products are essential to save households and buildings from power outages when the summer is over and the rainy season begins.
US willing to help PH transition to renewables: Sherman
The United States is ready to support the Philippines in its shift to renewable energy, a ranking State Department official said Thursday. Deputy Secretary of State Wendy Sherman acknowledged that governments across the world, including the Philippines, are trying to transition to renewables.
Thailand approves $1 billion Foxconn-PTT venture for battery electric vehicles
Thailand’s investment agency on Monday approved a joint venture worth 36.1 billion baht ($1.04 billion) between Taiwan’s Foxconn and Thailand’s PTT (PTT.BK) to produce electric vehicles (BEVs).
Several hurdles remain for local EV market
The state passed an incentive package for electric cars, but high prices and lack of charging infrastructure hinder buyers The lingering question following the launch of the government’s electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.
Indonesia woos Tesla with green energy; factory set-up proposed to be built in Batang regency
The Indonesian government is promoting industrial estates supplied with electricity from renewable sources as it hopes to attract foreign direct investment by multinational firms conscious of their carbon footprint. Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan has announced that the government had proposed that Tesla build a factory in Batang regency, Central Java, with […]
Ministry presses for collaboration in expediting energy efficiency
Minister of Energy and Mineral Resources Arifin Tasrif called for collaborative action between countries and international organizations to step up global energy efficiency in order to achieve carbon neutrality targets. During a series of events at the 7th Annual Global Conference on Energy Efficiency in Denmark, Tasrif supported a joint agreement for all members of […]
