Malaysia’s Careplus Group Bhd, a medical device manufacturer, and Go Auto Group Sdn Bhd, a local automotive importer, are collaborating through their joint venture, NexV Manufacturing Sdn Bhd. to construct a MYR 600 million (USD 127 million) green technology...
The Philippine Economic Zone Authority (PEZA) announced that four electric vehicle manufacturers were considering the Philippines as a manufacturing base. These include two Chinese electric vehicle manufacturers, one American maker of e-buses, e-heavy equipment, and...
Japanese automaker Honda Motor has started producing its electric vehicles (EVs) in Thailand and will begin selling them in the Southeast Asian country in the first quarter of 2024. Honda has thus become the first Japanese manufacturer to produce passenger EVs in...
Canadian Solar, headquartered in Guelph, Ontario, recently announced that it is establishing a 5 GW solar photovoltaic (PV) wafer production facility in Chonburi, Thailand. The company is building an advanced solar photovoltaic N-type wafer manufacturing plant with an...
Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy’s LCTP battery pack with a capacity of 60 kWh, providing a CLTC range of up to 500 kilometres. The pack is based on lithium iron...
Reuters has recently reported that leading auto manufacturers from Japan have plans to invest THB 150 billion (USD 4.34 billion) in Thailand over the next five years, propelling the Southeast Asian country’s transition to electric vehicles production....
Nvidia confirmed intentions to deepen collaboration with high-tech companies in Vietnam, with a focus on fostering local expertise in artificial intelligence (AI) and digital infrastructure development. The US firm also revealed plans to establish a chip center in...
Hitachi Energy recently inaugurated a new transformers factory in Bac Ninh province of Vietnam. The new facility specializes in liquid-filled power and distribution transformers. It is set to nearly double the Hitachi’s previous factory’s annual capacity...
PepsiCo, Inc. has announced ambitious plans to invest USD 90 million in the construction of a snack plant in Ha Nam Province of Vietnam. The new facility, which will occupy 80,000 square meters overall, will be constructed at the Dong Van I Expanded Industrial Park....
Siltronic, a major player in the semiconductor industry, has achieved a significant milestone with the production of the first wafers in its new state-of-the-art 300 mm fabrication facility (fab) in Singapore. This marks a key step in the strategic expansion of...
GC Biopharma, a South Korean biopharmaceutical company, recently started the construction of a plasma fractionation plant at the Jababeka Industrial Estate in Indonesia. This initiative is part of the company’s broader efforts in constructing overseas plants....
In mid-October 2023, Leica Microsystems, a microscopy and scientific instrumentation company from Germany, announced the opening of its new USD 60 million medical manufacturing and R&D facility in Singapore. One of the company’s four global production sites, its...
