ADB, BANPU Sign 2.4 Billion Thai Baht Deal to Support Electric Tuktuks in Thailand and Battery Production in PRC
The Asian Development Bank (ADB) and BANPU Public Company Limited signed a 2.4 billion baht loan to support the financing of 1,500 six-seater electric tuktuks (e-tuktuks) and related charging stations for micro-scale transit services in Bangkok, Thailand.
Tron Bradbury Energy to establish regional EV hub in Malaysia Vision Valley
Tron Bradbury Energy (Malaysia) Sdn Bhd (TBE) will establish a regional electric vehicle (EV) hub in Malaysia.
BEV infrastructure construction surpassed target in 2023: Ministry
The Energy and Mineral Resources Ministry recorded that construction of charging and battery swapping infrastructure for battery electric vehicles (BEVs) in 2023 had reached 2,704 units, or 261 percent of the target of 1,035 units.
Thailand’s EV Sales Seen Doubling as First Homegrown Models Hit Market
Thailand’s electric vehicle sales may double this year as Chinese manufacturers prepare to roll out their first locally manufactured models and about $2.4 billion in government incentives boosts consumer demand.
VinFast to build RHD plant in Indonesia
VinFast Auto, part of Vietnam’s largest private conglomerate Vingroup, said it planned to build a battery electric vehicle (BEV) assembly plant in Indonesia to supply right hand drive countries in south east Asia.
Indonesia seeks cooperation from Vietnam in EV development
Industry Minister Agus Gumiwang Kartasasmita has invited Vietnam to cooperate in the development of several sectors, including the electric vehicle (EV) industry, green industry, food security, and supporting sectors such as research and development and human resources.
Vietnam’s VinFast Aims to Qualify for Biden’s EV Tax Credits
VinFast Auto Ltd. is working to qualify its cars for US tax credits when its North Carolina plant starts production in 2025, Chairwoman Le Thi Thu Thuy said.
Vietnam’s VinFast to Invest $1.2B in Indonesian EV Assembly Plant
Vietnam-based automotive company VinFast Auto Ltd. plans to construct an electric vehicle assembly plant in Bekasi, West Java, with an investment of $1.2 billion, according to reports on Sunday.
