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Tesla’s Tenuous Hold On EV Market May Mean Opening Up South Asia

CleanTechnica EVs

The broad brush strokes of the upcoming discussions reportedly will affirm the company’s investment plans in the South Asia nation — including setting up a manufacturing facility and increasing purchases of auto parts.

Asia 93
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Avass Group to manufacture EVs, lithium batteries in Saudi Arabia

Green Car Congress

Australia-based Avass Group recently signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture full electric buses and lithium batteries in Saudi.

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IDTechEX: solid-state battery market will grow to $8B by 2031

Green Car Congress

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 What is the mystery behind it?.

Asia 97
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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.

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Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. Most of Tesla’s employees in India were tasked to focus on the company’s efforts in Dubai and other Middle-East markets. Most of Tesla’s employees in India were tasked to focus on the company’s efforts in Dubai and other Middle-East markets.

Asia 98
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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

Green Car Congress

Consistent with Li-Cycle’s strategy for growing recycling capacity in conjunction with customer demand, the Aagreement further contemplates the possible construction of a dedicated Spoke located close to VinES’ manufacturing site. An investment decision regarding the dedicated Spoke facility is expected to be made in 2025.

Vietnam 352