Vietnamplus

The 42nd ASEAN Summit, underway in Labuan Bajo, Indonesia, adopted the ASEAN Leaders’ Declaration on Developing Regional Electric Vehicle (EV) Ecosystem on May 10.

Several agreements will be sealed during the 42nd Association of Southeast Asian Nations (ASEAN) Summit in May this year, including the one on the development of electric vehicle (EV) ecosystem, according to Indonesian Foreign Affairs Minister Retno Marsudi.

Indonesia's Ministry of Industry is striving to accelerate the growth of the battery-based electric motorised vehicle (KBLBB) ecosystem to reduce fuel consumption, according to the ministry's Secretary General Dody Widodo.

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.

The Indonesian government has been actively wooing investors at the 2022 World Economic Forum (WEF) in Davos, Switzerland, by highlighting the country’s investment potential and holding economic discussions.

Indonesia’s state-owned oil company PT Pertamina (Persero) and other state enterprises that are part of Indonesia Battery Holding (IBH) are currently focusing efforts towards developing an electric vehicle (EV) ecosystem in the Southeast Asian country.