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 […]
Green vehicles add power to the fight against climate change
Nearly a million vehicles ply Singapore’s roads today, releasing around 6.4 million tonnes of carbon dioxide (CO2)-equivalent each year, over a tenth of the city-state’s total emissions. Less than 0.5 per cent of these are electric vehicles (EVs).
SingPost pilots electric scooters and vans, with aim to replace current light vehicles by 2026
SINGAPORE – The postman will soon be bringing your mail on electric vehicles. Singapore Post announced on Monday (Aug 16) that it will replace all of its lighter vehicles with electric ones by 2026. For a start, it has begun pilots of two electric scooters and two vans.
Surge in electric vehicle sales amid tax rebates, emission rules
Electric vehicles (EVs) have charged forward in Singapore, fuelled partly by more generous tax incentives and stricter emission rules.
