TAIPEI : Taiwan-based Foxconn said it has partnered with Indonesia's Investment Ministry and several companies to support the development of electric cars in the Southeast Asian country, adding to a string of such deals by the iPhone assembler.
Foxconn said it has signed a memorandum of understanding for a wide scope of investment on EVs including battery manufacturing with the Indonesian Ministry of Investment as well as Indonesia Battery Corporation, energy firm PT Indika Energy and Taiwanese electric scooter vendor Gogoro.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Beijing Shougang's EV silicon steel output to begin in JuneBEIJING : China's Beijing Shougang Co Ltd said on Thursday that its high-grade non-oriented silicon steel project will start production in June to meet robust demand for the metal in the new energy vehicle (NEV) market. The project is expected to increase Shougang's annual silicon steel capacity by 350,00
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sony looking to add new partners to its EV project-executiveTOKYO : Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters.'We see the risk of ignoring EVs as greater that the challenge they pos
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Bean curd maker Hensin Food suspended after cockroach infestations found on premisesSINGAPORE — The Singapore Food Agency (SFA) ordered the suspension of operations at bean curd manufacturer and wholesaler Hensin Food after cockroach infestations were found in the company’s food preparation areas.
Source: TODAYonline - 🏆 1. / 99 Read more »
Indonesia to push for new global health agency, President Joko Widodo saysJAKARTA: Indonesia will push for the creation of a new global health agency while the country holds the presidency of the G20, President Joko Widodo said Thursday (Jan 20) at the virtual Davos forum. Widodo said the agency would strengthen the world\u0027s \u0022health resilience\u0022 and help make the global health sys
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Indonesia cbank surprises with hefty RRR hikes to steady rupiah before FedJAKARTA :Indonesia's central bank announced on Thursday a surprise 300 basis points of staggered hikes in the reserve requirement ratio (RRR) for banks over the next eight months, in one of its first concrete signs of monetary tightening.At its first policy meeting of the year, Bank Indonesia (BI) kept its be
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »