Vietnamese EV Manufacturer VinFast Expands to Indonesia, Targets Annual Production of 300,000 EVs
VinFast, the Vietnamese electric vehicle (EV) manufacturer under Vingroup, is advancing its plans to establish a manufacturing presence in Indonesia by the end of 2025. In a recent filing with the United States Securities and Exchange Commission, VinFast announced its...
First BMW Plant in Asia Opens in Thailand
BMW Manufacturing (Thailand) Co., Ltd., the first wholly-owned BMW plant in Asia, has been officially inaugurated at Amata City Industrial Park in Thailand, joining BMW’s global production network. With an annual capacity of 10,000 cars, the new facility will...
American Solar Company SEG Solar Announces 5GW Manufacturing Plant in Indonesia
SEG Solar, a prominent American solar manufacturer, has secured a land utilization agreement to establish a state-of-the-art 5GW vertically integrated photovoltaic (PV) manufacturing facility in Indonesia. This ambitious project, located in Batang Regency, Central...