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...
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...
Thailand continues to receive more foreign investments from global automotive manufacturers, especially Chinese electric carmakers. Great Wall Motor and Foxconn announced their investments...
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...
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...
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...
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...
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...
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,...
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...
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...
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,...
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...
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...
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.
