Etiqa Insurance and Takaful’s Post

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

Kia contemplates investing in a new electric vehicle factory in Thailand, negotiating with the government for potential incentives. This move signifies Kia's ambition to lead in Southeast Asia's EV market. Meanwhile, Thailand is also engaging Tesla, offering 100% green energy for factory operations, highlighting the country's strategic efforts to become a regional EV hub. These developments mark Thailand's push towards dominating the global EV landscape and attracting major international investments. https://lnkd.in/gV_Ns6dX #EVNews #EV #Kia #Tesla #ThailandEV #ElectricVehicles #SoutheastAsia #GreenEnergy #AutomotiveIndustry #EVMarket #SustainableMobility #ThaiGovernment #GlobalEVHub #CleanEnergy #AutoManufacturing #BusinessExpansion #FutureOfTransport

Hyundai Motor to invest $480 mn in Malaysia to increase local production capacity https://lnkd.in/d7FweE4B #AutoSector #WorldMarket #Malaysia Hyundai Motor Company (현대자동차) #EuisunChung #Electricvehicle #HyundaiInvestment #MalaysiaExpansion #SoutheastAsia #CKDPlant #ElectricVehicles #EVInfrastructure #BatteryProduction #HydrogenMobility #ToyotaHyundaiCollaboration #Nexo #FCEV #StariaMinivan #EconomicDevelopment #JobCreation #SoutheastAsiaAutomotive #HyundaiGrowth #Inokom #AutomotiveIndustry #GreenMobility #FutureOfTransport #Investmentguruindia  #Finance

Malaysia’s burgeoning electric vehicle (EV) sector is drawing attention as the government pushes for zero-carbon emissions and domestic manufacturing, reports Lianhe Zaobao correspondent Juin Yee Seoow. #Malaysia #electricvehicle #Proton #Perodua #ASEAN #ThinkChina

Kia Worldwide is proud to celebrate the completion of Hyundai Motor Group's first dedicated EV manufacturing facility—Kia Gwangmyeong EVO Plant—at Kia Autoland Gwangmyeong! This state-of-the-art facility will: 🌍 Mass-produce the exciting Kia EV3 and EV4 models. 🏭 Transform an internal combustion engine (ICE) plant into a sustainable EV production powerhouse, aligning with Kia’s sustainability and mobility goals. ⚡️ Boost production capacity to 150,000 units per year. 🌱 Feature cutting-edge initiatives, including water-based painting and automated processes for efficiency and eco-friendliness. The EVO Plant marks the beginning of a new era for Kia, leading the charge in electrification with its high-quality EV lineup. #Electrification #Sustainability #EVRevolution #Kia #HyundaiMotorGroup #Innovation #CleanMobility #KiaGlobal #MovementThatInspires #EV3

Hyundai Motor Indonesia (HMID) has taken a significant step towards promoting electric vehicle adoption in the country by introducing the EV Charging Subscription program. This innovative initiative allows consumers to subscribe to a network of hundreds of Hyundai public charging stations across various regions. https://lnkd.in/gpGjNYDt

Lessons Learned from the EV Case Study in Thailand: Electric Vehicle Value Chain in Thailand [bassPanya] THAILAND Business Insights Series Thailand is regarded as a country that has swiftly adopted the technology for producing and selling EVs. Consumers have quickly accepted the use of electric vehicles. Chinese EV manufacturers have established production bases in almost all major brands to sell domestically and export abroad. Additionally, nearly all of the top five electricity producers from China have set up manufacturing plants in Thailand, under the Thai government's investment promotion policies and the goal of becoming a Net Zero country. The image below illustrates the EV Car Ecosystem in Thailand, showcasing the foundation laid for promoting the industry, including key players at each stage of the value chain. This covers part manufacturing, vehicle assembly, sales and distribution through dealers, and the development of EV charging stations. Thailand’s ecosystem is already quite comprehensive and is continuously expanding to meet future demand. #ThailandEVEcosystem #EVValueChaininThailand #EVChina #PowerofEV

Malaysia's Push for Electric Vehicles (EVs) #Problem: Transportation is the biggest energy consumer and CO2 emitter in Malaysia. #Goal: Put 1.5 million EVs on the road by 2040. #KeyPlayer: Zero Emission Vehicle Association (ZEVA) is an NGO advocating for EVs. #GovtIncentives: - Tax exemptions and free road tax for EVs. - Subsidies for installing charging stations. - Tax breaks for EV manufacturers. #Results: EV numbers grew 860% in 2022 due to incentives. #Challenges: - Lack of charging stations (range anxiety). - High cost of EVs. - Limited EV model selection. #Solutions: - Expanding charging infrastructure. - Lowering EV taxes. - Increasing affordable, long-range EV options. - Raising public awareness of EVs. WAN AHMAD ZAM ZAM AND ENERGY WATCH In an exclusive interview with ZEVA’s president, Wan Ahmad Zam Zam bin Wan Abd Wahab, Energy Watch gathers insight into the exciting progress of the EV industry in Malaysia ~ https://lnkd.in/gM7wic3H

With a goal to reach net zero carbon emissions by 2050, Kakuyasu- a retailer of liquor products in Japan, has started to electrify its fleet of last mile delivery vehicles. Given the relatively short distances covered by last mile delivery vehicles and its usually well-planned scheduled dispatches, electric vehicles are becoming a preferred choice for both companies and drivers. The commonly raised concern of “range anxiety” is uncalled for, as delivery vehicles usually have a route that is planned in advance, and with charging infrastructure available at their dispatch centres, its charging schedule can be easily arranged with its delivery schedules to ensure that everything goes smoothly. The ease of driving of electric vehicles, and the potentially huge cost reduction in converting to electric (cheaper utility bills compared to gasoline prices) are two pull factors toward fleet electrification. The only challenge left is a robust charging infrastructure designated for these drivers, and a comprehensive management system that allows the company to supervise operations, and specifically oversee power usage, charging times and possibly visualizing the reduction in CO2 emissions as a result. We are extremely proud to announce that we have deployed EV chargers together with our proprietary fleet charging management system (Yourstand for Business), with the common goal of electrifying their fleet of delivery vehicles, and ultimately net zero carbon emissions. Read more: https://lnkd.in/gwApaa6j #yourstand #EnergyTransition #eMobility #EVCharging #netzero #electricvehicles #fleetcharging #energymanagement

Thailand is boosting its auto sector with new incentives for joint ventures between Thai and foreign companies. The Board of Investment promotes investment in all propulsion systems, with added tax exemptions for new and transforming JV projects. Hyundai Motor Company recently secured approval for a 1 billion baht investment in EV assembly. #AutoIncentives #CheckItNow #Thailand #JVOpportunities #ElectricVehicles #AutomotiveIndustry #InvestmentNews