More and more foreign investors are interested in the possibility of investing in the production of electric vehicles (EVs) in Thailand thanks to measures to attract investment, encourage the use of EVs as well as an increase in local demand for the products.
VinFast Trading and Service Ltd Co, a subsidiary automaker of conglomerate Vingroup, sold 35,723 vehicles in 2021, posting a year-on-year surge of 21.2 percent despite the COVID-19 pandemic.
Vietnamese automaker VinFast announced on January 6 to stop producing internal combustion engine (ICE) cars and switch to all-electric vehicle production from the end of 2022 at the Consumer Electronics Show CES 2022 in Las Vegas, the US.
Indonesia is seeking ways to become an electric vehicle (EV) production hub in the region, aiming to reach an output of 600,000 electric cars and 2.5 million electric motorcycles by 2030.
Son Ha Development Of Renewable Energy Joint Stock Company, a member of Son Ha Group, on the weekend inaugurated its EVgo electric vehicle production plant in the northern province of Bac Ninh, Thuan Thanh II Industrial Park.
Toyota Motor Manufacturing Indonesia (TMMIN) announced it will start production of hybrid electric vehicle in 2022 with two models of sport utility vehicles (SUV) and multipurpose vehicles (MPV).
The establishment of an electric vehicle production complex in the Hanoi Southern Supporting Industrial Park (HANSSIP) will give a breath of fresh air to Vietnam’s electric vehicle industry.
World
