Coordinating Ministry of Maritime Affairs of Indonesia said it is considering reducing the value-added tax on electric car sales from 11% to 1% to drive up demand and attract investment.
The President office of the Philippines recently announced that the country will reduce tariff rates on imported electric vehicles (EV), parts and components, to boost the EV market in the country.
Germany's BASF and French miner Eramet are finalising a 2.6 billion USD partnership deal to invest in a facility in Indonesia to process nickel for use in batteries for electric vehicles, reported the Indonesian Ministry of Investment on January 18.
The VinFast Trading and Service Limited Liability Company, a subsidiary automaker of Vietnamese conglomerate Vingroup, handed over 4,278 electric vehicles (EVs) to its customers last December, seven times higher than that of the previous month.
Indonesia may allocate 5 trillion rupiah (320.41 million USD) from this year’s budget to encourage people to buy electric vehicles (EV), a senior minister has said.
VinFast, a member of private conglomerate Vingroup, has announced its participation in the Consumer Electronics Show (CES) 2023 from January 5 – 8 next year with a showcase of its electric vehicle ecosystem, including four electric SUV models, four electric bikes, VF 8 test drives, and an immersive experience in their booth.
Demand for electric vehicles (EVs) in Malaysia will grow significantly in 2023, driven by current incentives provided by the government as well as upcoming launches of more affordably priced EVs, according to Malaysian Automotive Association (MAA) President Aishah Ahmad.
As many as 60% of the electric vehicles (EVs) in the world will depend on the battery ecosystem that is being built in an integrated manner in Indonesia, the country's President Joko Widodo has said.
A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr has approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs, according to foreign media.
Contemporary Amperex Technology Co. Ltd. (CATL) and Vietnamese automaker VinFast on October 31 signed a Memorandum of Understanding on global strategic cooperation to expand collaboration in developing electric vehicles.
A legal framework, support policies and a concerted infrastructure system are needed to encourage people to switch to using electric vehicles, according to Director of VinFast’s charging station development centre Vu Thang.
The Ministry of Transport in collaboration with the UN Development Programme held a seminar in Hanoi on October 20 to discuss the development of road electric vehicles toward green energy transition.
VinFast, the automotive arm of Vietnam's largest conglomerate Vingroup, announced recently that it has joined the COP26 zero emission vehicles (ZEV) declaration to affirm its commitment to reaching 100% zero emission new vehicle sales in leading markets by 2035 or earlier.
The construction of an automotive and tyre centre in the Eastern Economic Corridor is now more than halfway complete, with the center expected to be fully operational in 2026. The Thai government hopes this facility will promote Thailand as a global manufacturing base for electric vehicles.
VinFast, Vietnam’s first global EV maker, and Renesas Electronics Corporation, Japan’s premier supplier of advanced semiconductor solutions, announced on September 26 that they are expanding their collaboration agreement to include automotive technology development of electric vehicles (EVs) and delivery of system components.
The Industrial University of HCM City (IUH) has launched the first Smart Grid Lab in Vietnam, giving 350 students a year the opportunity to build the skills they need to address the power network challenges of the future.
Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.
ASEAN
