Australia, Indonesia Aim to Challenge China’s Dominance in EVs and Batteries

Australia, Indonesia Aim to Challenge China’s Dominance in EVs and Batteries

Indonesia is set to “advance mutually beneficial cooperation” with Australia in developing electric vehicle (EV) and battery supply chains. The collaboration will involve mapping the supply chains, joint scientific and research studies, as well as fostering new business-to-business links between the two countries. Both countries plan to capitalize on their respective nickel and lithium resources … Read more

For Southeast Asia, US Industrial Policy Might be a Risky Bet

For Southeast Asia, US Industrial Policy Might be a Risky Bet

Advertisement When work on a $4 billion manufacturing plant for Vietnamese automaker VinFast began in North Carolina in July 2023, Ted Osius, the head of the U.S.-ASEAN Business Council, expressed a hope shared by many companies and governments in the Southeast Asian electric vehicle (EV) space: that they would be eligible for tax credits under … Read more