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Canada Rare Earth enters into agreement to purchase a rare earth separation refinery situated in Laos

Green Car Congress

Canada Rare Earth Corporation has entered into an agreement to purchase 60% of the issued and outstanding shares of a company based in Laos. The company’s future development plans entail extending capabilities to include rare earth metal making.

Laos 150
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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.

Industry 286
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Mitsubishi Previews Angular DST Concept, Global Production Version to Follow

The Truth About Cars

While this means slotting the vehicle into lineups that are already biased toward crossovers, the company has enjoyed decent success doing this in the past. Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore and Malaysia may be smaller countries.