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Thailand Offers Incentives for Hybrid Vehicle Manufacturers

Thailand Offers Incentives for Hybrid Vehicle Manufacturers

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...
Indonesia Becoming Global Player in EV Ecosystem: Jokowi

Indonesia Becoming Global Player in EV Ecosystem: Jokowi

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...
Norway Will Not Sanction Chinese EVs

Norway Will Not Sanction Chinese EVs

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...
Vietnam Gears Toward Electric Motorbikes

Vietnam Gears Toward Electric Motorbikes

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...
VinFast Starts Selling EVs in Thailand

VinFast Starts Selling EVs in Thailand

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...
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