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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.

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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. How is AI helping to add value to your business?

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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Emissions 170
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Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

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Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a global engineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.

2015 150
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VinFast to build EV and battery factory in North Carolina

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Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. VinFast has established global operations in the US, Canada, Germany, France and the Netherlands.

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

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Honda has been offering the Honda e: Business Bike series models and accelerating the global launch of business-use electric motorcycles. Currently, EMs (electric motorcycles) and EBs (electric bicycles) account for more than 90% of industry-wide global electric motorcycle unit sales (approximately 50 million units).

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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

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billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. Korea-based SK Group will invest about 18 trillion won (US$16.4 In the second phase, SK will invest 5.3

Hydrogen 376