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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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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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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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Toyota develops “Total-care Service” for ride-hailing companies; rollout with Grab in Singapore

Green Car Congress

Working with ride-hailing companies, Total-care Service will enable Toyota to leverage onboard telematics data through a shared information platform and provide services such as fleet management, automotive insurance, and vehicle maintenance packages, aiming to expand the use of ride-hailing vehicles and enhance the driving experience for end users.

Singapore 223
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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 88