News
December 25, 2024
VinFast's Xanh SM electric taxi launches in Indonesia
The parent company of “Vietnamese Tesla” is actively broadening its electric taxi service throughout Southeast Asia. On December 19, the company officially launched its service in Indonesia’s capital, Jakarta, featuring a fleet entirely made up of electri
December 20, 2024Why is Foxconn-PTT's EV project struggling in Thailand?
Japan's two major automakers, Honda and Nissan, confirmed they are considering a merger. Soon after, reports emerged that Foxconn is interested in acquiring Nissan, aiming to bolster its brand in the electric vehicle sector.
December 18, 2024Proton unveils first EV with low price to compete against Tesla, BYD
As the EV trend continues to gain momentum, Malaysia's first homegrown automaker, Proton, launched its first EV, the e.MAS7, on Dec. 16.The base model is priced at under RM 110,000, making it highly competitive compared to existing players.
December 12, 2024Singapore's Charge+ acquires 3 EV charging firms as new licensing rules begin
The electric vehicle charging station market in Singapore is undergoing significant changes. Some operators are opting to divest, with one company acquiring three competitors and over 140 charging points in one go.
December 06, 2024Thailand cuts taxes to encourage hybrid EV production
To expand the development of electric vehicles (EVs), the Thai government has passed a new tax system aimed at hybrid electric vehicles (HEVs) and mild hybrid electric vehicles (MHEVs), offering conditional excise tax reductions for manufacturers.
November 19, 2024Thailand's sluggish car market still attracts Chinese investment
Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.
October 08, 2024Foxconn unveils new EVs and partners with Bill Gates' energy fund
Foxconn Technology Day (HHTD24) kicked off its fifth annual event on October 8, unveiling the latest electric car, Model D, and an electric mid-size bus, Model U, while also announcing a partnership with Breakthrough Energy Ventures (BEV), the energy inve
October 01, 2024Three challenges for Indonesia’s sustainable downstream nickel industry
Although electric vehicle (EV) sales are sluggish, the team of Indonesian president-elect Prabowo Subianto has pledged to promote sustainable development in the downstream nickel industry, aiming to drive the country's economic growth and contribute to ac
September 04, 2024PurismEV’s innovative AI system increases EV efficiency by over 40%
PurismEV, a startup that's setting its sights on energy efficiency. Its product, AI energy efficiency system, addresses EV range anxiety by increasing vehicle range by 40% and extending lifetime by 2.3 times.
August 27, 2024Southeast Asia is set to be global EV industry hub, report says
Despite a slowdown in global electric vehicle (EV) market growth, BloombergNEF’s latest report remains optimistic about Southeast Asia becoming a global hub. The report forecasts that by 2040, the region will account for 56% of global EV sales.