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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

Although it is the world’s dominant producer of rare earths, China still imports the minerals from abroad—primarily from Myanmar, Malaysia and Vietnam. China wants electric vehicles, hybrids and other eco-friendly vehicles to account for all new cars sold in the country by 2035, and is also looking to boost production of robots.

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

Green Car Congress

Yunnan Investment Holdings Group and BYD intend to open new energy vehicle manufacturing plants in Yunnan Province, expanding BYD’s EV and new-energy businesses into southwest China and neighboring Asian countries. However, the province’s vast mineral and metal reserves (some of the largest in. —Yunnan Authorities.

BYD 225
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VinFast Finally Considers Southeast Asia As A Market To Expand Into

CleanTechnica EVs

For many months, it has been a big question to automotive experts in the region — why is VinFast, a company located in the Southeast Asian region, which can gain obvious benefits from selling to markets within the ASEAN, chosing to sell to the finicky markets in North America and Europe first before selling to […]

Asia 97