Showing 431-436 of 436 results

New electric vehicle plant coming in Negeri Sembilan

KUALA LUMPUR: A 400-acre electric vehicle smart manufacturing plant will be built at Enstek Industrial Park in Negeri Sembilan with an investment of RM5 billion, the Malaysian Institute of Economic Research (MIER) said today. Although no details were revealed on the identity of the private investor, MIER chairman Kamal Salib said it would be a […]

Softbank invests another $2 billion in Grab, pledges more for EV projects

Japan-based Softbank Group has pledged to invest in renewable energy and the electric vehicle ecosystem in Indonesia as well as announcing another round of investment for the Indonesian operation of the Singapore-based ride-hailing company Grab. Softbank’s founder and CEO Masayoshi Son said on Monday the company was seeking opportunities to commit more investments in Indonesia, […]

Electric Car Regulation Stumped by Protectionist Tendencies

Jakarta. For 18 months, the government has gone back and forth on an electric car regulation that is promised to accelerate the country’s shift away from being dependent on imported fossil fuel. But now it seems President Joko “Jokowi” Widodo has finally put the pedal to the metal on the issue and is expected to roll out the regulation by the end […]

Jokowi to issue regulations to support electric vehicles this week

President Joko “Jokowi” Widodo is slated to sign two long-awaited policies for the development of Indonesia’s electric vehicle industry this week, a senior minister has revealed. The two regulations will comprise a presidential regulation (Perpres) on battery electric vehicles and a revision of a government regulation (PP) regarding luxury goods tax, Finance Minister Sri Mulyani […]

Hyundai supports EV growth in the Philippines

With the rest of the world switching to electrification in the past several years, the Philippines appears to be lagging behind when it comes to alternative means of transporation. But at the recent 2019 Philippine Electric Vehicle Summit, Hyundai Asia Resources Inc. (HARI), the official distributor of Hyundai in the Philippnes, believes that the country […]

Meralco, Mitsubishi to study V2G application in Philippines

MANILA, Philippines — Manila Electric Co. (Meralco) is looking at the possibility of having your car power your home. This as Meralco teamed up with Mitsubishi Motors Corp. to study the implementation of a “vehicle-to-grid” (V2G) application in the Philippine setting as the power distributor continues to power up innovations in the country. Meralco vice […]