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CATL and Indonesia set sights on EV material mining, battery manufacturing with $6B investment

Teslarati

A series of CATL subsidiaries have announced a new $6 billion investment with Indonesia in an effort to boost nickel mining and processing, battery materials obtainment, battery manufacturing, and battery recycling as e-mobility continues to surge forward. ANTAM is a member of the state-owned mining company MIND ID of Indonesia.

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The Global Outlook of Electric Vehicles

Blink Charging

Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

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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. Charging convenience was identified as the second-most important. Singapore, Indonesia and Vietnam are most evolved in their understanding with BEVs.

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IEA: Decisive action by governments is critical to unlock growth for low-carbon hydrogen

Green Car Congress

Currently, global production of low-carbon hydrogen is minimal, its cost is not yet competitive, and its use in promising sectors such as industry and transport remains limited—but there are encouraging signs that it is on the cusp of significant cost declines and widespread global growth, according the IEA’s Global Hydrogen Review 2021.

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ASEAN Leaders Push For Cohesive Strategies For Vehicle Electrification, Charging Infrastructure

CleanTechnica EVs

ASEAN leaders announce their commitment to promoting the growth of the electric vehicle industry in the region, aiming to cater not only to the local market but also to the global market. This joint declaration was made on May 10th at the 42nd ASEAN Summit held in Labuan Bajo, East Nusa Tenggara, which ran from […]

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Despite challenges, India’s EV story likely to pan out, says BNP Paribas | Autocar Professional

Baua Electric

India versus the rest” by financial services firm BNP Paribas paints a bullish picture of India’s potential to become a global leader in the electric vehicle (EV) market. The report sees India as more favorably placed than many of the other countries in the region to lead the EV industry. nickel) to encourage localisation.

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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Green Car Congress

It will streamline operation networks and introduce new sales methods, while securing a flexible production system that can respond to the fluctuating global demand. It will also increase profitability and volume of each model through lineup optimization. —Euisun Chung. —Euisun Chung.

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