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Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Australia, Indonesia should team up for battery supply chains, ACEN CEO says – ET Auto

Baua Electric

“It’s worth noting that there is concentration of risk for lithium battery production, with over 70% being produced in China alone,” said, ACEN CEO Eric Francia.

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

Green Car Congress

The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. Without intervention, the Philippines is on a course to almost quadruple CO 2 emissions in less than 25 years, the ADB said.

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Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply

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Because of its exceptional properties, cobalt is expected to remain a key raw material for the entire battery supply chain, despite discussions on substitution. EVs alone supported 86% of annual demand growth while the traditional, non-battery applications accounted for just 6% of growth (with a 28% share of 2022 demand).

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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. AIDA specialises in metal forming equipment for the industry.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars. Nissan is also exploring launch in Indonesia and Philippines. billion kilometers around the world since 2010, without experiencing any critical incidents with the batteries. Click to enlarge.

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Biden invokes Defense Production Act to push domestic material sourcing for sustainable energy

Teslarati

It was rumored earlier this week that Biden was considering invoking the Act to end reliance on foreign materials for things like large-capacity batteries. Biden could use Defense Production Act for EV battery material production boost. Nickel, for example, is mined mostly in Indonesia, the Philippines, and Russia.

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