Mercedes-Benz awaits EV clarity as officials go mum
Mercedes-Benz Thailand may delay its investment in the electric vehicle industry here after seeing no clear direction from the government to translate EV policy into action. The German luxury car maker is calling on the government to hasten its plan to develop infrastructure to accommodate EV drivers.
S’pore Startup Beam Raises US$26M Funding To Build The Largest E-Scooter Fleet In APAC
Singapore micromobility startup Beam has raised US$26 million (about S$36.6 million) in its latest Series A funding round. The fundraise was led by Sequoia India — which was also Beam’s lead investor at seed stage in 2018 — and Hana Ventures.
‘Tesla of Thailand’ keeps factories running in virus lockdown
Thailand’s biggest electric-vehicle venture has stayed mostly in gear during the Covid-19 pandemic, with Energy Absolute Plc (EA) ontinuing construction on a lithium-ion battery plant and vehicle development. The company’s EV-boat prototypes are now being river-tested.
$8 million solar bike investment unveiled
The Korea Energy Agency (KEA) has announced it is planning to invest in a project supplying electric bikes and building solar charging stations in the Kingdom. KEA, a government agency carrying out national energy policies for energy efficiency improvement and renewable energy dissemination, plans to inject 10 billion won ($8 million) in its project, local media […]
‘World’s first international hydrogen supply chain’ realised between Brunei and Japan
A consortium in Japan says it has “realised the world’s first international hydrogen supply chain”, after successfully extracting H2 from a liquid organic hydrogen carrier (LOHC) shipped from Brunei. The Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD) demonstration project aims to show that a global hydrogen supply chain can be established using LOHC — a […]
This could be the 2020 Nissan Kicks unmasked
It’s starting to look more likely that the Nissan Kicks will be replacing the Juke in Southeast Asia. It had been spied making rounds in Thailand back in December 2019 and we also reported that it will be assembled there as well. With Thailand being one of the major manufacturing hubs in the region, we […]
Blackstone Minerals and Korean cathode supplier in Vietnam nickel processing alliance
Blackstone Minerals (ASX: BSX) will get a A$6.8 million injection from South Korea’s largest nickel-rich cathode materials manufacturer EcoPro as the two companies agree to work together to develop a downstream nickel processing plant in northern Vietnam.
Singapore, Japanese companies join to explore hydrogen as energy source
(Reuters) – Five companies from Singapore and two from Japan have entered into a Memorandum of Understanding (MoU) to explore hydrogen as a low-carbon alternative to power Singapore’s energy future, the companies said in a statement on Monday.
Energy Ministry to cut price of CNG by 3 baht
The Energy Ministry announced on Wednesday that it will reduce the retail price of compressed natural gas (CNG) for public transport by three baht per kilogramme for three months, effective April 1. The measure, passed by the Energy Policy Administration Committee, applies to all public transport, including buses, minibuses, taxis, tuk-tuks, songthaews and interprovincial buses.
Thailand’s electric vehicle industry grows by 81 % in four years.
According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. This increase represents an increase of more than 81 percent growth in the number of companies operating in Thailand’s electric vehicle ecosystem.