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When energy giant, Shell, combined strengths with Malaysian startup, ParkEasy

Warren Chan’s eight years as an entrepreneur, running Pixelbyte Sdn Bhd with co-founders Eric Tan and Winnie Mah have yielded two key lessons. The first was not to force things but to observe and go with the flow as you are making changes. “In my early days, I used to try so hard to make […]

Samsung SDI Energy to invest RM7bil for a battery factory in Malaysia

SEREMBAN: Samsung SDI Energy Malaysia Sdn Bhd (SDIEM) will invest some RM7bil to build a state-of-the-art facility to manufacture batteries for electric vehicles (EV) near its existing plant at the Taman Tuanku Ja’afar Industrial Area near here.

Indonesia energy firm Indika eyes $2 bln EV venture with Taiwan’s Foxconn

JAKARTA, July 20 (Reuters) – Indonesia’s PT Indika Energy (INDY.JK) is considering jointly investing $2 billion with Taiwan-based Foxconn (2317.TW) on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday.

Thai EV battery market heats up as key players jump in

BANGKOK: From a state-owned enterprise to a renewable energy startup, key players are jumping into Thailand’s electric vehicle battery market, driven by the government’s push to make the country a regional production hub for EVs and their components.

Foxconn and PTT to build EV plant in Thailand

Horizon Plus, a joint venture between Foxconn and energy company PTT, will establish a new EV manufacturing plant that occupies an area in Thailand’s Eastern Economic Corridor.

VinFast partners with ProLogium on solid-state EV batteries

Vietnamese automaker VinFast, which expects to launch two electric vehicles in Europe and the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast said in a statement.

Thai PM promises to accelerate Thailand’s electric vehicle future

The Thai PM wants to cement Thailand’s reputation as the biggest SE Asian hub for car manufacturing, and electric cars too. Currently Thailand is the world’s 10th largest manufacturer of vehicles (OICA 2021).

Developing an Electric Vehicle Ecosystem in Indonesia; Integrating the Upstream & Downstream Sectors

Over the past years we have mentioned on several occasions that the electric vehicle is the automotive industry’s future thanks to three key inter-related circumstances: (1) recent rapid technological developments that allow the electric vehicle battery to be more energy efficient, (2) the world’s eagerness to move away from fossil fuels toward renewable energy, and […]

Indonesia Says Foxconn May Invest in Projects for New Capital

Indonesia said Foxconn Technology Group is considering investing in the country’s new capital, a move that would bolster the $34 billion construction project.

IN FOCUS: Singapore’s electric vehicle revolution is coming – does this spell the end for petrol stations?

Tucked inside a petrol station along Tampines Avenue 2 are things you wouldn’t normally expect to find. The service station, which was revamped in 2017, now boasts a 24-hour fast-food drive-through, a parcel collection station and even a bicycle bay where cyclists can rest or pump up their tyres.