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Thailand’s EV industry growing rapidly

Green Car Congress

The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Nikkei: China boosts domestic rare earths quota by nearly 30%

Green Car Congress

China’s Ministry of Industry and Information Technology and Ministry of Natural Resources jointly announced that the production quota for the first half of this year will be 84,000 tons, a major jump from the 66,000 tons last year and the highest target to date for the first half. It announces a quota twice a year.

China 301
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Yunnan Investment Group and BYD to open new energy vehicle plants in Southwest China

Green Car Congress

Yunnan Province, located in far southwest China, has a population of about 50 million, concentrated in about eight large cities, and borders with Myanmar, Laos, and Vietnam. Currently, the province’s main manufacturing industries are iron and steel production, copper-smelting and commercial vehicle production.

BYD 225