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 | Aug 3, 2024 | China, Digitalization, Environment, Innovation, News, Technology, Transportation
Uber Technologies and BYD have announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets. Beginning first in Europe and Latin America, the partnership is expected to offer drivers...
by Teuvo Tuomi | Jul 30, 2024 | Business, Economy, Exports, Indonesia, Manufacturing, News
Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan says the government has decided to designate the Batang Integrated Industrial Zone (KITB) as a special economic zone (SEZ). The KITB is set to benefit from certain incentives reserved for SEZs. “We...
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...
by Teuvo Tuomi | Jul 28, 2024 | ASEAN, China, Energy, Indonesia, News, Technology
The Indonesian government is stepping up cooperation with Chinese companies to increase Indonesia’s oil and gas reserves and production, according to Director of Upstream Oil and Gas Business Development Ariana Soemanto. The three stakeholders are the...
