by Teuvo Tuomi | Apr 29, 2025 | China, Innovation, Investment, Japan, News, Technology
Japanese automakers announced plans to introduce the latest Chinese technologies into their models at the Auto Shanghai motor show held in Shanghai, aiming to regain lost ground in China. Toyota Motor Corp. has announced its new “bZ7” electric vehicle (EV) will be...
by Teuvo Tuomi | Sep 9, 2024 | Singapore, Business, News, Sustainability, Technology
Singapore is forecast to have the largest share of passenger electric vehicles (EVs), 80% of all vehicles, in Southeast Asia by 2040, according to BloombergNEF. Meanwhile, the regional average is expected to be only 24%. Thailand, in second place, is forecast to have...
by Teuvo Tuomi | Sep 8, 2024 | Thailand, Economy, News, Technology, Transportation
The number of passenger EV registrations in Thailand is estimated to reach only 80,000 this year, according to Suraj Sangsnit, president of the Electric Vehicle Association of Thailand. This is a 5% increase from the 76,000 units sold last year, but it falls short of...
by Teuvo Tuomi | Aug 7, 2024 | Thailand, Digitalization, Investment, Korea, Technology
South Korean car giant Hyundai Motor will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, according to the country’s Board of Investment (BOI). Thailand’s booming EV sector is...
by Teuvo Tuomi | Jul 29, 2024 | News, Indonesia, Innovation, Research, Technology
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan says that Indonesia will establish an electric vehicle (EV) battery research center in Morowali, Central Sulawesi. The minister made the statement in a speech at the International...