Thailand Commences Production of Electric Vehicles

Thailand Commences Production of Electric Vehicles

In January 2024, Thailand achieved an important milestone in its automotive industry, with the inaugural production of its first domestically manufactured electric vehicle (EV) in Rayong. The unveiling of the New Ora Good Cat EV model, manufactured under the Great...
German Tire Manufacturer to Enhance Production in Vietnam

German Tire Manufacturer to Enhance Production in Vietnam

German tire brand Schwalbe recently announced the decision to centralize all tire and tube manufacturing operations in Vietnam in response to the tense conditions in the bicycle industry. Instead of being able to rely on long-term commitments, orders are now almost...
Boeing Suppliers Plan Increased Investment in Vietnam

Boeing Suppliers Plan Increased Investment in Vietnam

According to local authorities, KP Aero, a South Korean aviation industry supplier producing components for Boeing aircraft, plans to invest USD 20 million in establishing a factory in central city of Danang. This move is anticipated to contribute to the expansion of...