EV Primus optimistic on outlook for electric vehicles

EV Primus Co, the distributor of China’s second largest automaker DFSK (Dongfeng), expects a bustling electric vehicle (EV) industry in Thailand as more Chinese car companies enter the market following the launch of the government’s EV incentive package.

PLN and green energy for 2022 G20 Presidency

State-run electricity provider PT PLN (Persero) has optimized the momentum of Indonesia’s 2022 G20 Presidency by getting involved in promoting and developing green energy transformation that becomes one of the main agendas of the forum.

Malaysia ready to bring EV manufacturing into Asean market, says Dr Wee

Malaysia is ready to cooperate with the electric vehicles (EV) industry through manufacturing, assembly as well as research and development, says Datuk Seri Dr Wee Ka Siong. The Transport Minister said he welcomed high-value investments from overseas to the country as an important platform to bring EV into the regional market.

Vietnam’s VinFast seeks US government loans for expansion

The chairman of Vietnam’s Vingroup conglomerate said on Saturday that the company’s auto unit, VinFast, would seek financing from the U.S. government to support its expansion with a planned plant in North Carolina. “It is also one of our financing options, but we need to prove to them that we are qualified,” Vingroup Chairman Pham […]

Thailand ups electric vehicle incentives, after 30% spike in foreign direct investment

Thailand Board of Investment has approved revised conditions and incentives for investing in electric vehicles and the infrastructure needed to support them, specifically charging stations. Today’s BOI announcement comes as Thailand increases its incentives for people to buy and invest in electric vehicles, in an effort to maintain its grip on Southeast Asia’s car manufacturing […]

Thailand approves enhanced incentives to boost EV use

Thailand has expanded incentives to boost the use of electric vehicles (EVs), the investment promotion agency said on Thursday (Apr 7), as the country looks to preserve its status as a major Southeast Asian auto production hub. Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a […]

S. Korea’s Hyundai unveils first Indonesia-made all-electric car

JAKARTA (The Jakarta Post/Asia News Network): South Korea’s Hyundai has unveiled the first fully electric, mass-produced car assembled in Indonesia, bringing the Indonesian government closer to its goal of turning the country into a global electric vehicle (EV) player.