Foxconn’s $250 Million Investment Fuels Vietnam’s Electric Vehicle Component Production

Taiwanese contract manufacturer Foxconn is set to invest $250 million in Vietnam to build two new plants, signaling the company’s move into the electric vehicle (EV) industry and its strategy to reduce reliance on iPhone assembly. The investment will focus on producing components for electric vehicles and telecommunications, highlighting Foxconn’s commitment to diversifying its business…

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Yinson GreenTech and PLUS Malaysia Partner to Develop Malaysia’s First chargEV Hyperpower Fast Charging Hub

Yinson GreenTech (YGT), a leading green technologies solutions provider, has joined forces with PLUS Malaysia Berhad (PLUS), the country’s prominent highway operator, to establish Malaysia’s first chargEV hyperpower Direct Current (DC) fast charging hub along the PLUS highways. This groundbreaking initiative aims to introduce a brand-new concept of electric vehicle (EV) charging to Malaysians and…

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Gentari and Lotus Sign MoU to Explore Green Mobility Infrastructure Deployment

Clean energy solutions provider Gentari Sdn Bhd has signed a Memorandum of Understanding (MoU) with Lotus Cars Malaysia (LCM) to explore collaborations in green mobility infrastructure deployment. The MoU covers a period of two years and will see Gentari partnering with LCM to explore collaborations in electric vehicle (EV) charging infrastructure at LCM’s facilities, as…

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Record 1,000 BYD ATTO 3 EVs delivery by Sime Darby Motors in 100 days

Sime Darby Motors has achieved a new milestone by selling 1,000 units of BYD Alto 3 in just 100 days. The achievement was celebrated with a mass delivery event held at the Bukit Jalil National Stadium carpark, where the first 1,000 BYD owners in Malaysia were invited to celebrate this feat. The delivery of 100…

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TESLA New Megafactory In Shanghai, China

Tesla, the electric vehicle manufacturer led by CEO Elon Musk, has announced plans to open a new Megafactory in Shanghai. The new factory will be capable of producing 10,000 Megapacks a year, according to a tweet from Musk on Sunday. The Megapack is a large battery system used for utilities that can store energy and…

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1.5 million EVs on Malaysian Road By 2040

The Government has set a new target of having 1.5 million electric vehicles (EVs) on the road by 2040, according to Minister of Natural Resources, Environment and Climate Change, Tuan Nik Nazmi Nik Ahmad. This ambitious target represents a significant increase compared to the previous target of 90,000 EVs set by the Planning and Implementation…

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Gentari and Evolt to Boost EV Charging Infrastructure in Southeast Asia

Gentari Sdn Bhd and Evolt Technology Company Ltd have signed a Memorandum of Understanding (MoU) to explore collaborations in renewable energy, green mobility solutions and EV charging infrastructure. Malaysian clean energy provider Gentari will be working with Bangkok-based EV charging infrastructure provider Evolt Technology to expand EV charging infrastructure and solutions across Southeast Asia, beginning…

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