Chinese automakers see Thailand EV boost from government incentives
Chinese automaker Great Wall Motor (601633.SS) has signed an agreement with Thailand’s government to slash retail prices of its electric vehicles, an executive said on Tuesday, a move aimed at boosting domestic EV sales and production.
Chinese cars gained local grip in 2020
MG car manufacturer and distributor SAIC Motor-CP has set an ambitious target of 40% growth in car sales this year under the expectation of a speedy rollout for Covid-19 vaccinations nationwide, mitigating stymied car sales last year, both domestically and globally.
Chinese EV makers eye Southeast Asia as competition escalates
Chinese electric vehicle (EV) makers are making a foray into Southeast Asia, an untapped market with few established players, as competition ramps up at home in China. BYD, Great Wall Motor, Hozon and Aiways have all been delivering EVs in countries such as Thailand, with the aim of gaining a foothold in these markets where […]
Chinese, Malaysian Companies To Develop Energy Bus For ASEAN Markets
China”s Zhongtong Bus Holding Co., Ltd. and Malaysian automotive manufacturer Terus Maju Services (TMS) have signed an agreement to develop new ”energy buses” for the ASEAN (Association of Southeast Asian Nations) markets. The agreement, signed on Monday (local time), would see the two companies jointly develop buses for Malaysia”s domestic market and other ASEAN markets […]
Chiyoda, Mitsubishi, Sembcorp, band together for hydrogen
Chiyoda, Mitsubishi, and Sembcorp Industries, have signed a memorandum of understanding to explore the feasibility of setting up a hydrogen supply chain in Singapore.
Combating pollution one motorbike at a time
Sector: Electric vehicles Addressable market: RM700 million in Malaysia Intellectual property status: International IP for lithium batteries Product description and USP: Malaysia’s first electric motorbike manufacturer, which uses patented lithium ion-based energy cells Currently exporting: Yes, to Thailand Industry challenges: Getting the public to consider two-wheel EVs when purchasing new motorcycles and getting more sales Eclimo Sdn Bhd, […]
Computer Forms partners Thai firm for electric bus, battery venture
Computer Forms (Malaysia) Bhd (CFMB) has signed a heads of agreement with Thailand’s Energy Absolute PCL to form a joint-venture company (JVC) to develop electric bus and battery businesses worth RM5 billion in Malaysia.
Consumers’ concerns hamper electric vehicle adoption in Indonesia: Experts
The government’s target for mass adoption of electric vehicles (EV) in Indonesia is facing challenges amid consumers’ concerns about technology and pricing, in addition to the pandemic having battered vehicle demand in general.
Cross-border EV charging network launched to enhance connectivity for drivers in Singapore and Malaysia
Local gas provider City Energy has teamed up with a Malaysian company to launch a cross-border electric vehicle (EV) charging network, enhancing connectivity for such drivers in Singapore and Malaysia. Called Go, the EV charging service can be accessed through a mobile app, allowing users to locate and operate charging points that fall under this […]
Cycle & Carriage launches a new partnership with GOGOX to offer zero-emission last-mile deliveries for IKEA Singapore using state-of-the-art electric vans
SINGAPORE, July 7, 2021 /PRNewswire/ — Cycle & Carriage made a significant step forward in its commitment to zero-emissions and the Singapore Green Plan 2030 with the successful launch of a pilot project with GOGOX, one of the largest logistics platforms in Asia to achieve zero-emission deliveries for IKEA Singapore.