Indonesia poised to be major hub for car battery and EVs: Jakarta Post
Indonesia made the first big step toward becoming a hub for car battery and electric vehicle (EV) manufacturing in South-Eas Asia
Foxconn and Thailand’s PTT set up new joint venture to build EV production plant worth USD1-2 billion
After signing a memorandum of understanding (MoU) back in May, Thailand’s PTT and Taiwan’s Foxconn (also known as Hon Hai Precision Industry) have now agreed to create a joint venture company, Bangkok Post reports.
Hyundai Motor, LG Energy Solution break ground for $1.1 bn EV battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution Ltd. has begun construction of $1.1 billion first joint-venture electric vehicle battery cell production plant in Karawang industrial park in Indonesia that would serve as the base for EV inroads in Southeast Asia
Ayala Group’s automotive unit sets P50-B revenue goal by 2025
AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies.
Analysis-To benefit the climate, Indonesia’s electric vehicle push needs greener power
KUALA LUMPUR (Thomson Reuters Foundation) – Indonesia’s electric vehicle drive is likely to overtake its ambitious biodiesel programme within a decade, but will only achieve its aim of helping curb climate change if the country ramps up clean energy investment, environmental researchers say.
Energy Ministry lists challenges to EV adoption in Indonesia
Jakarta (ANTARA) – An official from the Ministry of Energy and Mineral Resources outlined the challenges to the adoption of electric vehicles (EV) in Indonesia during an online media briefing on Tuesday.
Taiwan’s Foxconn links up with Thailand’s PTT for EV project
TAIPEI (Taiwan News) — Foxconn Technology Group will link up with Thailand’s state-owned oil and gas group PTT Public Company to become a force in electric vehicles (EV) in the Southeast Asian country by 2025, reports said Friday (Aug. 27).
Vietnamese, Chinese companies partner for manufacturing electric car batteries
HANOI, Aug. 23 (Xinhua) — Vietnamese automaker VinFast has tied up with Chinese company Gotion High-Tech to research and produce batteries for electric vehicles, Vietnam News Agency reported Monday. Under a newly-signed memorandum of understanding, the two companies will work on building the first lithium iron phosphate (LFP) battery plant in Vietnam, the news agency […]
