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UMW Toyota Motor to Advance Local Manufacturing of Hybrid Electric Vehicles in Malaysia

UMW Toyota Motor to Advance Local Manufacturing of Hybrid Electric Vehicles in Malaysia

Jul 15, 2021

UMW Toyota Motor Sdn Bhd (UMWT) recently announced its plan for local mass manufacturing of Hybrid Electric Vehicles (HEV) in Malaysia with an additional investment of MYR 270 million (USD 63.69 million) to expand its current manufacturing operations and facility. The...
UMW Toyota Motor to Advance Local Manufacturing of Hybrid Electric Vehicles in Malaysia

Toyota Vietnam to Support Capability Development of Domestic Enterprises

Jun 18, 2021

In May 2021, Toyota Motor Vietnam and the Department of Industry – Ministry of Industry and Trade signed a Memorandum of Understanding to support domestic enterprises, specifically to enhance their capabilities and strengthen cooperation between domestic...
Austria’s AT&S to Build First Factory in Malaysia and South East Asia

Austria’s AT&S to Build First Factory in Malaysia and South East Asia

Jun 18, 2021

AT&S has announced a MYR 8.5 billion (USD 2.04 billion) of proposed investment to build its first South East Asian production site in Malaysia. AT&S is a multinational manufacturer of high-end printed circuit boards (PCBs) and integrated circuit (IC)...
Car Manufacturers to Boost Electric Vehicles Production Capacity in Thailand

Car Manufacturers to Boost Electric Vehicles Production Capacity in Thailand

Jun 18, 2021

Thailand’s Board of Investment has just approved 24 projects of car manufacturers for the production of electric vehicles, including 6 plug-in hybrid electric vehicles projects, 13 battery electric vehicles projects, and 5 hybrid electric vehicles projects. The...
Foreign Players Invest in Nickel and Battery Plants, Advancing Indonesia’s Electric Vehicles Industry

Foreign Players Invest in Nickel and Battery Plants, Advancing Indonesia’s Electric Vehicles Industry

Jun 18, 2021

China’s Zhejiang Huayou Cobalt just announced a partnership with electric vehicle battery maker EVE Energy and other players for a USD 2.08 billion nickel and cobalt project in Indonesia. This will represent Huayou’s third battery nickel smelting project in Indonesia....
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