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ABeam upbeat on electric vehicle industry

The electric vehicle (EV) industry in Thailand is expected to grow rapidly after the pandemic is controlled, given the government’s greater efforts to boost EV sales and production, says global consulting firm ABeam Consulting (Thailand).

Joining the EV revolution in Asean

Governments in Southeast Asia are floating very ambitious plans to capture a share of the electric vehicle market. And rightfully so.

Minister: Tesla to Invest in Battery, Electric Car Plant in Central Java

U.S. electric carmaker Tesla has agreed to invest in battery and electric vehicle manufacturing in Indonesia, the country’s investment minister said Thursday without giving details, but hinting that the project might begin this year.

CATL Gains on Deal to Supply Foxconn-Thailand’s PTT Electric Car JV With Batteries

Shares in Contemporary Amperex Technology advanced today after the Chinese battery giant said that it will supply batteries to Horizon Plus, an electric vehicle joint venture set up by Chinese iPhone supplier Foxconn and Thai state-owned energy giant Petroleum Authority of Thailand.

Singapore scheme proposes blockchain and carbon credits to make tropical data centers green

A blockchain based asset exchange licensed by the Singapore authorites is teaming with an AI firm to offer carbon measurement and offsetting for tropical data centers. MetaVerse Green Exchange (MVGX) a crypto exchange regulated by the Monetary Authority of Singapore (MAS) is working with industrial AI firm Red Dot Analytics to measure and offset the […]

Vietnam’s EV maker VinFast’s IPO may be delayed till next year – report

Vietnam-based electric vehicle maker VinFast may see its initial public offering in the US delayed till next year due to market uncertainty, Reuters reported, quoting its parent company Vingroup chairman.

Singapore scheme proposes blockchain and carbon credits to make tropical data centers green

A blockchain based asset exchange licensed by the Singapore authorites is teaming with an AI firm to offer carbon measurement and offsetting for tropical data centers. MetaVerse Green Exchange (MVGX) a crypto exchange regulated by the Monetary Authority of Singapore (MAS) is working with industrial AI firm Red Dot Analytics to measure and offset the […]

Deco backs promotion of BEVs

Deco Green Energy Co, a Thai electric motorcycle manufacturer and distributor, signed an agreement yesterday with the Excise Department to promote battery electric vehicles (BEVs) under the government’s subsidy and tax incentive measures. Deco produces both vehicles and components, including electric motorcycles, electric bicycles, spare parts and lithium batteries.

Technology Thailand agrees to fund Zinc-ion batteries for electric vehicles

A Thai tech executive director says Thailand’s government has agreed to fund 192 billion baht to asset finding for the development and production of zinc-ion batteries for electric vehicles. The executive director of the National Science and Technology Development Agency says the funding will go to the agency for the project. The Thai government has […]

RoK tech giant pushes for 9-bln-USD battery supply chain project in Indonesia

A consortium from the Republic of Korea (RoK) led by LG has signed an initial agreement with Indonesia’s state-run companies to push for a project worth around 9 billion USD to establish an electric vehicle battery supply chain in the Southeast Asian country, a LG unit said on April 18.