Volta to Manufacture 5,000 E-motorcycles Per Month
PT Volta Indonesia Semesta, a joint venture subsidiary of PT NFC Indonesia Tbk and PT SiCepat Ekspres Indonesia, has recently announced plans to produce 60,000 electric motorcycles per year at its newly built factory located in Semarang, Central Java. It will be the...
Toshiba Boosts Philippines’ Electronics Sector, Manufacturing Returns to Growth
The Philippines’ manufacturing industry expanded in December 2021 and recorded its highest growth rate in 9 months, according to a monthly survey conducted by IHS Markit. The Purchasing Managers’ Index (PMI) grew to 51.8 in December 2021 and was the...
Ford Invests USD 900 Million to Modernize Manufacturing Operations in Thailand
Ford Motor Company has announced the modernization of its Thailand manufacturing operations with a USD 900 million investment in new technologies and systems. This is the company’s largest-ever single investment in Thailand. Part of the Ford+ plan for growth and value...