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Proton’s EV plant nears completion, set for September productionMalaysia’s automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September. The firm said in a statement that the new plant which located within the high-tech Tanjung Malim compound, will be completed just six months after the groundbreaking ceremony in February. The building is...0 Comments 0 Shares 1K Views 0 Reviews
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Proton’s EV plant nears completion, set for September productionMalaysia’s automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September. The firm said in a statement that the new plant which located within the high-tech Tanjung Malim compound, will be completed just six months after the groundbreaking ceremony in February. The building is...0 Comments 0 Shares 1K Views 0 Reviews
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VinFast advances ecosystem strategy in Philippines’ EV catch-upWith nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia’s electric vehicle (EV) race as ecosystem players like VinFast work to overcome hurdles around charging access, maintenance, and affordability. VinFast said in a statement on Tuesday that emerging Asia’s electric vehicle market reached nearly 400,000 sales in 2024, but the...0 Comments 0 Shares 5K Views 0 Reviews
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VinFast founder to inject another $1.5B in exchange for R&D assets – reportVinFast founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company, Reuters reported on Thursday. The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out of VinFast Trading and Production JSC (VFTP), its domestic...0 Comments 0 Shares 1K Views 0 Reviews
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