Foreign EV Manufacturers to Set Up Shops in the Philippines
The Philippine Economic Zone Authority (PEZA) announced that four electric vehicle manufacturers were considering the Philippines as a manufacturing base. These include two Chinese electric vehicle manufacturers, one American maker of e-buses, e-heavy equipment, and...
Japanese Automakers Propels Thailand’s EV Sector Investing USD 4.3 Billion
Reuters has recently reported that leading auto manufacturers from Japan have plans to invest THB 150 billion (USD 4.34 billion) in Thailand over the next five years, propelling the Southeast Asian country’s transition to electric vehicles production....
Battery Maker Svolt Energy Inaugurates Production Line in Thailand
Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy’s LCTP battery pack with a capacity of 60 kWh, providing a CLTC range of up to 500 kilometres. The pack is based on lithium iron...