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September 05, 2024

Q&A: The global ‘trade war’ over China’s booming EV industry

China’s “new energy vehicles” (NEVs) have been the centre of media and geopolitical attention in recent months. This Q&A looks at the Chinese EV industry, the history of its rapid growth as well as the support it received from the government.
September 04, 2024

PurismEV’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.
September 02, 2024

Indonesia’s EV ambitions highlight urgent battery recycling challenges

As the Indonesian government promotes electric vehicle adoption, experts voice significant concerns about the country’s ability to manage the accompanying battery waste.
August 27, 2024

Southeast 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.
August 14, 2024

Elon Musk, Donald Trump's livestream conversation on climate issues draws criticism

Elon Musk’s support for former U.S. President Donald Trump has sparked a stir, leading to a live discussion between the two on the X platform on August 12.
August 12, 2024

Thailand’s EV incentive plan draws major investments from Nissan, Hyundai

To attract investment from electric vehicle (EV) related businesses, the Thai government has rolled out a series of incentives, prompting responses from major multinational companies.
August 05, 2024

Southeast Asia EV market surges as US, EU sales slow

As electric vehicle (EV) sales slow down in Europe and the US, the ASEAN market is experiencing notable growth, according to a report released by Maybank Investment Bank.
July 30, 2024

Thailand unveils new incentives to lure hybrid vehicle investment

Thailand announced that manufacturers producing hybrid vehicles will benefit from a reduction in excise tax. This move will attract at least 50 billion baht (about USD 1.4 billion) in new investments over the next four years.
July 11, 2024

Thailand's EV insurance struggles with high costs, rapid depreciation

With a loss ratio exceeding 90% for Thailand's EV insurance and fluctuating prices in both new and used cars, insurance companies encounter significant challenges in setting appropriate insurance premiums.
July 09, 2024

Could electric vehicles feed China’s grid?

EV's charging (also known as V2G, vehicle-to-grid) has the potential to contribute to the smoothing out of peaks and troughs in grid electricity demand, but many are wary, and the tech is currently expensive.
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