Ly Quyet Tien’s Post

Analysts have foreseen increased localization investment from original equipment manufactures (OEMs) in Malaysia electric vehicle (EV) sector next year as incentives for completely built up (CBU) EVs are set to expire. #EV #Malaysia https://lnkd.in/gwJrwQAc

Vietnam is following the path of South Korea. It is transforming itself from a struggling economy to one of the fastest-growing developing nations. In just a few decades, it has risen from near-zero industrial capabilities to becoming a hub of innovation and manufacturing. In just a few decades, it has risen from near-zero industrial capabilities to becoming a hub of innovation and manufacturing. https://lnkd.in/gp2QHka4 #VinFast #BharatMobility

Hyundai Motor Company (현대자동차) is making significant strides in the ASEAN automobile market, leveraging its Indonesian Manufacturing Corporation (HMMI) to spearhead its regional expansion. HMMI, which boasts the highest operation rate among Hyundai’s overseas production plants, is set to be a pivotal player in Hyundai’s strategy to capture the growing demand for vehicles in the ASEAN region. #ASEANmarket #automotiveindustry #batteryproduction #electricvehicles #EVmarket #HMMI #HyundaiMotorCompany #Indonesia #KonaElectric #SoutheastAsia Follow F&L Asia Ltd. for more industry updates here: https://lnkd.in/fGDzetn Subscribe here: https://lnkd.in/g2PczSm

Adapting To Change: 22% Of India’s Auto Components Market Goes Electric By 2030 #ElectricVehicles #AutoIndustry #IndiaManufacturing #EVTransformation #AutoComponents #EVMarket #SustainableMobility #TechInnovation #EVBatteries #OEMs #FutureOfTransportation #Localization #EVComponents #AutomotiveTrends #EVGrowth https://lnkd.in/ggD5CYa9

Japan's Toyota and Vietnam's Vin Phuc province ink MOU to boost collaboration and investment in key sectors including manufacturing, automotive, and electric vehicles https://lnkd.in/gfEMKCDZ #vietnam #japan #asiatechnews #supplychains

Apart from exporting the first batch of locally assembled Nissan Serena S-Hybrid to Thailand, Tan Chong Motor Holdings Berhad is set to expand its export offerings with new Nissan models in 2026 for regional distribution in ASEAN market.

Of our articles published last week, this is the most read in the Philippines. How the Philippines became Mitsubishi Motors' third-biggest market Country emerges as bright spot for automaker compared with Indonesia, Thailand https://lnkd.in/gfT7auvt

Thailand's auto industry expands as Hyundai joins the EV Race with $28M investment. Already a manufacturing powerhouse for Japanese, U.S., and Chinese automakers, Thailand is now attracting Korean carmakers. Hyundai is investing 1 billion baht ($28.3 million) to establish an electric vehicle and battery assembly facility just southeast of Bangkok, set to start production in 2026. This move aligns with Thailand's strategic pivot towards electric vehicles, supported by government tax incentives to lure EV manufacturers. Chinese giants like BYD and Great Wall Motor have already set up shop, and Hyundai’s investment is a key part of the country's ambitious EV 3.5 package, aiming to build a robust EV ecosystem. Hyundai's Thai venture follows its recent expansion into Southeast Asia’s EV market, with an innovation center and assembly facility for the Ioniq 5 and 6 launched in Singapore last November. Could Thailand's growing EV ecosystem become a blueprint for other nations looking to attract top automakers? What do you think? News Source: Fortune. com #ElectricVehicles #AutomotiveIndustry #Hyundai #EVManufacturing

𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗙𝗶𝗿𝘀𝘁 𝗟𝗼𝗰𝗮𝗹𝗹𝘆 𝗠𝗮𝗱𝗲 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗖𝗮𝗿 𝗮𝘀 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝗘𝗩 𝗠𝗮𝗸𝗲𝗿𝘀 𝗘𝘆𝗲 𝗦𝗼𝘂𝘁𝗵𝗲𝗮𝘀𝘁 𝗔𝘀𝗶𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 Malaysia has launched its first home-grown electric vehicle (EV) brand, Neta, in a bid to tap into the growing demand for eco-friendly cars in the country. The move comes as Chinese EV makers, such as BYD and Geely, are increasingly targeting the Malaysian market. * Neta is a joint venture between Malaysian conglomerate Berjaya Group and China's Haaibo Group. * The Neta V is the first model to be launched, with a price tag of around RM140,000 (US$33,000). * The car has a range of up to 380 kilometers (236 miles) on a single charge. * Malaysia aims to become a hub for electric vehicles in Southeast Asia, with the government offering incentives to encourage the adoption of EVs. * Chinese EV makers are also eyeing the Malaysian market, with BYD and Geely already setting up operations in the country. * The Malaysian government has set a target of having 10% of all new car sales to be electric by 2025. The launch of Neta marks a significant step forward for Malaysia's automotive industry, which has been dominated by traditional fossil fuel-based vehicles.The increasing presence of Chinese EV makers in Malaysia is expected to intensify competition in the market and drive innovation. The growth of the EV market in Malaysia is likely to have positive implications for the environment and the country's economy. https://lnkd.in/dnA3ymwm

Africa is not on the radar of most of the traditional OEMs in the auto industry that are bringing out, planning to bring out, or being compelled to bring out new EVs due to stricter emission rules in Europe and other markets. This leaves a massive gap for Chinese 🇨🇳 EV startups to penetrate into the African market and acquire market dominance. Whilst the opportunity for homegrown African startups is apparent, further supporting policies and financial incentives are essential to uplift the local ecosystem and encourage customer demand