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Proton launches first EV assembly plant in Malaysia with 20,000 annual capacityAutomaker Proton has launched the first assembly plant exclusive for electric vehicle (EV) production in Malaysia at Proton Tanjung Malim, with 20,000 annual capacity. Located within the Automotive High Tech Valley (AHTV) in Tanjong Malim, the plant begins full-scale assembly activities this month, just seven months after its groundbreaking ceremony on February 7, this year, the firm said in a...0 Commenti 0 condivisioni 42 Views 0 Anteprima
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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 Commenti 0 condivisioni 1K Views 0 Anteprima
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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 Commenti 0 condivisioni 1K Views 0 Anteprima
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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 Commenti 0 condivisioni 5K Views 0 Anteprima
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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 Commenti 0 condivisioni 1K Views 0 Anteprima
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VinFast remains in the red in Q2 despite higher revenueVietnamese electric vehicles (EV) maker VinFast has remained in the red despite increased revenue in the second quarter ended June 30, 2025. The firm said in a statement on Thursday that its total revenues were VND 16,609.3 billion ($663 million) in the second quarter of 2025, an increase of 91.6 percent from the second quarter of 2024 and 1.9 percent higher than the first quarter of 2025....0 Commenti 0 condivisioni 40 Views 0 Anteprima
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