Indonesia, the world’s top miner of nickel - an essential element of the EV battery, is developing its own EV industry and planning to become a global EV battery production hub. KrAsia reported that the country is set to begin EV domestic production by 2021 or 2022 with the goal of exporting 200,000 EVs by 2025, or about 20% of the estimated total exported cars.

When China's Tech And Appliance Giants Become EV Manufacturers

Xiaomi, a Chinese smartphone giant, is joining the fray in the country’s booming EV industry, as it announced a long-anticipated plan to produce all-electric cars in the industry’s largest market and invest USD 1.5 billion over the next 10 years. The company hopes to offer quality smart electric vehicles for customers to enjoy smart living anytime, anywhere.

Is Asia a Step Closer to Driverless Vehicles?

Autonomous vehicles in the Asia-Pacific region will increase to 24 million units by 2024, reported by Graphical Research. This growth of autonomous vehicles is being driven by the continuous adoption and promotion of technologies such as AI and 5G in the automotive field.