Asian automakers compete for EV market in Southeast Asia
In late March, the Bangkok International Motor Show was held in Thailand, known as the “Detroit of Asia” due to its high concentration of automobile industries. Companies competed to introduce EVs, demonstrating that the age of the electric vehicle has arrived. At the booth of China’s Great Wall Motor Co., Narong Sritalayon, the managing director […]
EGAT touts boosted power supply to Phuket
Kitti Petchsantad, Deputy Governor of Transmission Systems of the Electricity Generating Authority of Thailand (EGAT), has announced that EGAT has completed the project to improve the transmission system to southern regions of Thailand, effectively, doubling the electrical-supply capacity to Phuket.
Joining the EV revolution in Asean
Governments in Southeast Asia are floating very ambitious plans to capture a share of the electric vehicle market. And rightfully so.
ABeam upbeat on electric vehicle industry
The electric vehicle (EV) industry in Thailand is expected to grow rapidly after the pandemic is controlled, given the government’s greater efforts to boost EV sales and production, says global consulting firm ABeam Consulting (Thailand).
Minister: Tesla to Invest in Battery, Electric Car Plant in Central Java
U.S. electric carmaker Tesla has agreed to invest in battery and electric vehicle manufacturing in Indonesia, the country’s investment minister said Thursday without giving details, but hinting that the project might begin this year.
CATL Gains on Deal to Supply Foxconn-Thailand’s PTT Electric Car JV With Batteries
Shares in Contemporary Amperex Technology advanced today after the Chinese battery giant said that it will supply batteries to Horizon Plus, an electric vehicle joint venture set up by Chinese iPhone supplier Foxconn and Thai state-owned energy giant Petroleum Authority of Thailand.
Singapore scheme proposes blockchain and carbon credits to make tropical data centers green
A blockchain based asset exchange licensed by the Singapore authorites is teaming with an AI firm to offer carbon measurement and offsetting for tropical data centers. MetaVerse Green Exchange (MVGX) a crypto exchange regulated by the Monetary Authority of Singapore (MAS) is working with industrial AI firm Red Dot Analytics to measure and offset the […]
Vietnam’s EV maker VinFast’s IPO may be delayed till next year – report
Vietnam-based electric vehicle maker VinFast may see its initial public offering in the US delayed till next year due to market uncertainty, Reuters reported, quoting its parent company Vingroup chairman.
