by Teuvo Tuomi | Jul 27, 2024 | ASEAN, Manufacturing, News, Technology, Thailand, Transportation
Thailand will introduce investment incentives for manufacturers of hybrid vehicles, the Board of Investment (BOI) says. Excise taxes will be lowered for five years, from 2028 to 2032, for hybrid vehicles makers that invest at least 3 billion baht in the next four...
by Teuvo Tuomi | Jul 3, 2024 | Digitalization, Economy, Indonesia, Innovation, Investment, Korea, Manufacturing, News, Technology, Transportation
Indonesian President Joko Widodo (Jokowi) says that Indonesia is becoming a global player in the electric vehicle (EV) ecosystem after the inauguration of the South Korean battery and electric vehicle ecosystem in Indonesia at PT Hyundai LG Indonesia (HLI) Green Power...
by Teuvo Tuomi | Jun 14, 2024 | China, Digitalization, Economy, EU, News, Norway, Technology, Trade
Norway will not follow the EU tariffs on Chinese electric cars. Norwegian Finance Minister Trygve Slagsvol Vedum says that tariffs would be neither relevant nor desirable for the Norwegian government. Norway has the highest density of electric vehicles worldwide and...
by Teuvo Tuomi | Apr 20, 2024 | Vietnam, Environment, News, Technology, Travel, Visions
The shift towards electric motorbikes in Vietnam is a response to the government’s CO2 emission strategy and the changing dynamics of the traditional motorcycle market. The government’s focus on reducing carbon emissions and promoting sustainable...
by Teuvo Tuomi | Mar 27, 2024 | News, Business, Economy, Energy, Technology, Thailand, Vietnam
Vietnamese automaker VinFast plans to start selling its electric vehicles (EVs) in Thailand. It has already made deals with dealers to open showrooms in the country. VinFast faces stiff competition in Thailand from Chinese automakers like BYD and also Tesla, who are...