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...
Monday 14 November 2022
Indonesia holds EV show at G20 in Bali
For the upcoming G20 Summit in Bali, Indonesia, the local police are riding electric scooters while on duty, showcasing the government's efforts in transitioning to zero-emissions...
Friday 11 November 2022
Foxconn to grow EV client portfolio in 2023
Hon Hai Precision Industry (Foxconn) regards 2023 as a crucial year for its electric vehicle (EV) business expansion, as the company's growing EV client portfolio expands further,...
Wednesday 9 November 2022
MIH poised to make EVs with concept car coming in 2023
MIH, an open EV alliance initiated by Foxconn, announced its plan to build electric vehicles on November 8. The group will utilize a modular design approach that allows parts to be...
Monday 7 November 2022
SEA roundup: Indonesia targets producing 2 million electric motorbikes by 2024
Southeast Asian countries are accelerating the pace to switch from fuel vehicles to electric vehicles. Indonesia's government started with the supply side to target 2 million e-scooters...
Friday 4 November 2022
Foxconn co-founds EV brand in Saudi Arabia
Foxconn announced on Nov. 3 that it will be manufacturing EVs in Saudi Arabia under a new EV brand Ceer, which will be the first locally produced automobile brand in the country,...
Tuesday 1 November 2022
Leaders in semiconductor in 2030 (9): Embracing collaboration and emerging biz opportunities, rather than conflicts
Over the past 30 years, one-third of the global economic momentum has come from China. This has been China's positive contribution for the world. However, behind China's moves of...
Monday 31 October 2022
SEA roundup: Malaysia's semiconductor industry projected to grow 8-10% in 2022
The Malaysian semiconductor industry is projected to increase by 8-10% in 2022, according to the Malaysia Semiconductor Industry Association (MSIA). Vietnam exports recorded double-digit...
Thursday 27 October 2022
Southeast Asia digital economy slows as consumers curb spending
Growth in Southeast Asia's Internet economy is slowing after years of expansion, showing that even emerging digital markets aren't immune to economic headwinds.