News
News
November 19, 2024
Thailand'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, 2024
Foxconn 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, 2024
Three 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, 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.
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 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.