Thailand’s Electric Vehicle Industry Fuels Boom in Commercial Real Estate
Thailand aims to lead Southeast Asia’s electric vehicle manufacturing, targeting a $6.5 billion real estate market by 2030, driven by ambitious policies and significant foreign investments.
Green Power and ECGO Partner to Produce 31,000 Electric Motorcycle Batteries
Green Power Group (LABA) and Green City Traffic (ECGO) have officially entered a strategic agreement to produce 31,000 electric motorcycle batteries by the end of 2024 while also expanding the network of public electric vehicle battery swap stations (SPBKLU) across Indonesia ayi paryana solihin.
Philippines gets its first EV battery plant
President Ferdinand Marcos Jr. of the Philippines has officially inaugurated the country’s first electric vehicle battery factory, hailing it as a significant step towards a cleaner energy future. This milestone event, which took place on Monday, marks a pivotal moment in the Philippines’ journey towards sustainable energy and advanced manufacturing.
Rebate for EVs to be extended, incentive for hybrid cars reduced until end-2025
SINGAPORE will extend its incentive scheme for electric vehicles (EVs) by another year, while lowering the emissions rebate for hybrid cars.
New EV charging station opened in Mandalay
The opening ceremony of the new charging station for electric vehicle constructed by Yar Zar Min Industry Co Ltd was held yesterday morning at the station located between 35th street and the Strand road in Mandalay City.
Thai electric vehicle sales set to miss target as banks tighten car loans
Thailand’s electric vehicle (EV) sales are set to miss targets this year as lenders turn more cautious in sanctioning new car loans with the nation’s household debt hovering near a record, according to an industry group.
Change Automobile Prepares Thailand To Become A Global Production Center, Focuses On Electric Vehicles
The automotive manufacturer from China, Changan Automobile, has further confirmed its plan to make Thailand its main manufacturing base abroad. The factory, which will soon be built in Rayong, is expected to be the production center for right-handed steering vehicles to be exported to various countries.
Philippines route to electrification
AS the world transitions to cleaner energy, the Philippines is gradually making progress toward electrification. Dr. Jose Bienvenido Biona, executive director of the Electric Vehicle Association of the Philippines (EVAP), shared insights at the 2nd Asean Battery Technology Conference in Singapore in a session titled “Philippines Route to Electrification.”
