article thumbnail

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.

article thumbnail

China’s CBL to invest $420 million in Indonesian nickel mining and EV battery manufacturing – Charged EVs

Baua Electric

Chinese EV battery company Ningbo Contemporary Brunp Lygend (CBL) has agreed to invest $420 million in Indonesia’s nickel mining and EV battery manufacturing industries. CBL is a consortium and a subsidiary of China’s Contemporary Amperex Technology (CATL). [The

article thumbnail

VinFast founder launches EV charging operator V-Green – Charged EVs

Baua Electric

Vietnamese automaker VinFast has been on a roll lately—the company plans to expand to 50 countries in 2024, and is working on EV manufacturing plants in the US, India and Indonesia. In the initial phase, the company will seek out land and partners to establish its charging network in “key markets around the world.”

Green 40
article thumbnail

Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Survey results from an initial EV pilot in Singapore found that high costs, lack of charging locations and long waiting times for charging are top barriers hindering Grab driver-partners from adopting EVs (based on a survey done with driver-partners who rent vehicles from GrabRentals in 2020).

Asia 199
article thumbnail

Mitsubishi Motors, Indonesian Government to partner on EVs

Green Car Congress

Mitsubishi Motors Corporation (MMC) signed a Memorandum of Understanding (MoU) with the Indonesian Government under which it will work to expand the use and availability of electric vehicles in Indonesia. Mitsubishi Motors entered the Indonesian market 46 years ago, and earlier this year opened a new factory in Bekasi Prefecture.

article thumbnail

India directs Coal India to invest in EVs & charging pods

Electric Vehicles India

India directs Coal India to invest in EVs & charging pods. In its many initiatives, the latest initiative the government’s Coal Ministry has asked state-run Coal India to diversify its interests to areas such as electric vehicles and charging stations. Press Release .

India 77
article thumbnail

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.

Nissan 210