Royal Enfield to Expand Further in Asia through New Facility in Thailand
Royal Enfield, a British motorcycle brand that has been owned by Indian Manufacturer Eicher Group since 1994, has announced its intention to expand overseas, with plans to establish manufacturing plants in Brazil, Columbia, and Thailand. Its Thailand factory is...
Samsung Electronics Vice Chairman Considers Investment in Vietnam
In October 2020, Samsung Electronics Vice Chairman Lee Jae-Yong had a meeting with Vietnamese Prime Minister Nguyen Xuan Phuc to discuss possible investment plans. Samsung is the biggest South Korean investor in Vietnam, where it manufactures around half of its...
Indonesia to Develop Nickel Supply Chain for Batteries and Electric Vehicles
Indonesia is moving toward building an industry to supply nickel for batteries and electric vehicles (EV). Crucially, the country has already banned the export of nickel ore, which is a key component of EV batteries. The Indonesian government and electric vehicle...