Monday 20 March 2023
Indonesia needs sales momentum to boost local content manufacturing
Indonesia's EV subsidies are taking effect today on March 20. As the program was announced earlier this month, the government is providing purchase subsidies to achieve sales goals...
Monday 20 March 2023
Asia Pacific security spending to grow 16.7% in 2023 with government taking lead, says IDC
According to IDC's latest Worldwide Semiannual Security Spending Guide, spending on security hardware, services, and software in Asia Pacific, excluding Japan, is expected to reach...
Thursday 16 March 2023
FunP raises US$3 million from Foxconn subsidiary Ennoconn
Taiwan digital advertising group funP Innovation has just raised US$3.12 million in the first closing of the latest fundraising round from a Foxconn subsidiary, Ennoconn.
Monday 13 March 2023
Mitsubishi Motors announces new business plan to gain EV presence
Japan-based Mitsubishi Motors is poised to scale up its EV business in the next few years. It revealed a new mid-term business plan, Challenge 2025, aiming to increase spending on...
Tuesday 7 March 2023
Indonesian government unveils EV subsidy program targeting global automakers
Indonesia took a step forward to boost its EV market on March 6. The government announced a subsidy program for electric scooters, vehicles and buses. Officials said the country is...
Wednesday 18 January 2023
Tesla, BYD finalizing deals to invest in Indonesia EV space
Tesla Inc. as well as Chinese automaker BYD and South Korea's Hyundai Motor Co. are finalizing deals to invest in Indonesia's electric-vehicle industry, said a senior minister.
Friday 6 January 2023
PV module imports hurt Taiwan suppliers, says SAS
Solar cell and photovoltaic (PV) module makers in Taiwan have seen their operations threatened by more imports from Southeast Asia, according to Doris Hsu, chairperson of Sino-American...
Tuesday 3 January 2023
Why does ECGO EVmoto switch from battery-swapping to charging?
Electric motorcycle manufacturer ECGO EVmoto introduced its lineup of e-motorcycles of three different sizes for bikers in Indonesia. Sales kicked off in February 2022, targeting...
Tuesday 20 December 2022
Indonesia to subsidize US$5,000 for every sale of locally produced EV
Indonesia is planning to offer incentives for makers of electric cars and motorbikes, and a 40% of TKDN (domestic component level) may be required for the vehicles to be eligible...
Monday 19 December 2022
TDEM VP: Greater collaboration needed for EV growth in SEA
Southeast Asia has been the emerging market that EV makers target, but some enablers are required for a takeoff. Pras Ganesh, executive vice president in charge of business transformation...
Monday 21 November 2022
SEA round up: China's Great Wall Motor to double Thai EV investment
Thailand continues to receive more foreign investments from global automotive manufacturers, especially Chinese electric carmakers. Great Wall Motor and Foxconn announced their investments...
Thursday 17 November 2022
Foxconn chairman becomes first Taiwanese entrepreneur to speak at B20 summit
Foxconn chairman Young Liu spoke at the B20 summit, a part of the G20's event series, to promote the company's new BOL (Build-Operate-Localize) business model. He stated that to take...
Tuesday 15 November 2022
SEA expects wider adoption of locally-built, battery-swapping e-scooters
At the Bali G20 Summit this year, the Indonesian government is showcasing all types of electric vehicles - from local-branded electric scooters to electric cars by Japanese or Chinese...
Tuesday 15 November 2022
Acer fighting economic downturn with three strategies in Asia Pacific
Acer, facing the worsening global economy, is mainly pushing three strategies for the Pan Asia Pacific region – focusing on the gaming and enterprise sectors, promoting the...
Monday 14 November 2022
Two-wheelers come first in Indonesia's electric vehicle strategy
Indonesia's state-owned electric vehicle company is focusing on the more than 115 million motorcycles roaming the country's roads as it presses ahead with efforts to reduce emissio...
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