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GUIGANG, China, May 27, 2023 /PRNewswire/ -- Recently, Guangxi Guigang Fushuai Electric Vehicle Co., Ltd. and PT. DFU INTERNATIONAL INDONESIA signed the first batch of directional purchase contracts for 20,000 new energy electric vehicles in Jakarta, Indonesia. Crystal Huang, CEO of PT. DFU INTERNATIONAL INDONESIA, said that driven by the global green development wave, new energy electric vehicles from Gangbei District of Guigang City would make positive contributions to residents' travel and global green and low-carbon development. New energy electric vehicles in Gangbei District are attracting a large number of Lao exhibitors. With the opening of overseas exhibition tour of the 20th China-ASEAN Expo this year, new energy electric vehicles in Gangbei District appeared in Singapore, the Philippines, Laos and other countries, and automobile enterprises exchanged and negotiated face-to-face with local enterprises and residents, entering a period of comprehensive market expansion. Behind the emergence in the ASEAN market is the industrial competitiveness promoted by Gangbei District for many years, according to the Publicity Department of Gangbei District, Guigang Municipality. In 2015, Gangbei District planned to build China-ASEAN New Energy Electric Vehicle Production Base. At present, the base has introduced more than 100 well-known domestic finished automobile enterprises such as Emma, Luyuan, Tailg, Lima, Zuboo and OPAI, as well as supporting enterprises such as Haopai and Feineng. More than 50 enterprises have been completed and put into production, forming an annual production capacity of 5 million two-wheeled electric vehicles, 500,000 three-wheeled electric vehicles and 5 million electric vehicle parts, with a local matching rate of 80%. Brand concentration, matching rate of parts and intelligence level rank among the top in the country. Electric vehicle enterprises in Gangbei District have a complete range of products with excellent quality, including more than 100 models such as electric bicycles, electric mopeds and electric high-speed motorcycles, leading the industry in terms of battery life, safety, intelligence and energy conservation. The testing level of Guangxi New Energy Electric Vehicle Products Quality Testing Center within its jurisdiction ranks among the top in the country. In 2022, the output value of new energy electric vehicles in Gangbei District increased by 99.3%, and the total output value of the whole industrial chain exceeded 21 billion Chinese yuan. In 2022, with high quality and low price products and taking advantage of opportunities of RCEP, China-ASEAN and other trade agreements, the export trade volume of China-ASEAN New Energy Electric Vehicle Production Base reached more than USD 8.7 million. Guangxi is the only province in China connected with ASEAN by land and sea, and it is the most convenient access to the sea in Southwest China. Guigang is located in the southeast of Guangxi, with smooth high-speed railways, expressways and high-grade waterways, and more than 100 high-speed trains transiting through Guigang every day. Xijiang Golden Waterway runs through the whole territory, and 3,000-ton ships can be navigable all the year round and can directly reach Guangdong, Hong Kong and Macao within 30 hours. Guigang Port within its jurisdiction is the first inland river port of 100 million tons in the Pearl River system, and it is one of the most convenient channels for exporting materials from Southwest China to Hong Kong, Macao and ASEAN countries. At present, new energy electric vehicles in Gangbei District have been exported to India, Thailand, the Netherlands, Nepal, Peru, Costa Rica and Madagascar. Image Link: https://iop.asianetnews.net/view-attachment?attach-id=440964
The advent of the 'Parabolic Motion Glove Box,' tailored for the increased interior space of electric vehicles...The first batch to be delivered to Kia EV9 Inspired by aircraft overhead bin, storage capacity is enhanced to over 8L, and user convenience features such as knee collision prevention are improved Addressing the future mobility market's demand for 'space innovation,' fortified approach with user-centric, cutting-edge technology SEOUL, South Korea, Aug. 2, 2023 /PRNewswire/ -- Hyundai Mobis (KRX 012330) provides a new type of glove box specifically designed for electric vehicles, to Kia's large electric SUV, the EV9. This innovative development notably includes an expanded glove box capacity and user-friendly design, which minimizes the risk of knee collision when the glove box is opened. Hyundai Mobis revealed on 2 that it had pioneered a 'Parabolic Motion Glove Box,' a concept inspired by the aircraft overhead bin. 'Parabolic Motion' alludes to the parabolic trajectory, mirroring the path followed by overhead airplane luggage compartments. The moniker underscores its distinct motion pattern, a stark contrast to the straightforward rotation or covers opening type glove boxes found in traditional vehicles. Given that the design and composition of recently developed electric vehicles deviate from those of conventional internal combustion vehicles, Hyundai Mobis has engineered a glove box suited explicitly for electric vehicles. Eliminating an engine room in electric vehicles broadens passenger space, facilitating an expansion in the glove box's storage capacity. In automotive terminology, a 'glove box' is a compartment near the passenger's knee, typically storing items such as car manuals, tissues, sunglasses, and foldable umbrellas. It is one of the most oversized compartments available in a car for storing small items. In its quest to optimize the glove box for electric vehicles, Hyundai Mobis has significantly enlarged its storage capacity. Conventional internal combustion vehicles typically offer a glove box capacity of around 5.5L. However, by adopting the parabolic motion approach, Hyundai Mobis has increased this capacity to over 8L. Consequently, this increase allows the storage of more and more oversized items than traditional internal combustion vehicle glove boxes. Apart from boosting capacity, usability has been enhanced, including simplified item retrieval and insertion and reducing knee collision instances when the glove box is opened. Hyundai Mobis' latest technological breakthrough originated from an in-house idea contest. This inventive concept won a gold medal in the 2021 internal idea contest, eventually evolving into a tangible product that led to mass production. The proposition of developing a glove box mechanism optimized for electric vehicles initially garnered much attention. Since 2019, Hyundai Mobis has been fostering a culture of voluntary and creative R&D among its employees, having already accumulated over 3,200 ideas to date as of the first half of this year. Choi Jae-seob, Head of Trim Module Engineering Sector at Hyundai Mobis, emphasized the importance of reinterpreting passenger space for future mobility, stating, "We are committed to the continuous development of bespoke technologies that prioritize user experience." Pictured is the 'Parabolic Motion Glove Box,' a new concept glove box for electric vehicles developed by Hyundai Mobis, featured in the EV9. The parabolic motion mechanism is facilitated by the connecting component on the glove box's right side. About Hyundai Mobis Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting, and automotive electronics. Hyundai Mobis operates its R&D headquarters in Korea, with four technology centers in the United States, Germany, China and India. For more information, please visit the website at http://www.mobis.co.kr/ Media Contact Jihyun Han: jihyun.han@mobis.co.krChoon Kee Hwang: ckhwang@mobis.co.kr
JAKARTA, INDONESIA - Media OutReach Newswire - 15 February 2024 - VinFast Auto today debuts the company's first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024. Indonesia's President, Joko Widodo, made a notable appearance at the event and autographed the VF 5 showcased in VinFast's booth. The official launch in the Indonesian market, marked by this event, signifies the next step in VinFast's global expansion and underscores its dedication to fostering sustainable transportation locally and globally. At IIMS 2024, VinFast displays the VF 5, VF e34, VF 6, VF 7, VF 8, and VF 9 models, ranging from A-SUV to E-SUV segments. With the main message of VinFast's exhibition being "Living Unbound", the company aims to offer more sustainable transportation offerings and inspire Indonesian consumers to explore the limitless potential of a modern and sustainable transportation future. Indonesia is the first country where VinFast will introduce right-hand drive electric vehicles, illustrating the company's advanced manufacturing capabilities and determination to develop electric vehicles and bring green transportation to all markets. VF 5, VF e34, VF 6, and VF 7, belonging to segments A to C, are slated to be the first electric vehicle models to launch in Indonesia. VinFast's vehicles have a modern, youthful design, are integrated with advanced technology to meet the diverse needs of many consumers, and offered with flexible sales and outstanding after-sales policies, making sustainable transportation more accessible to everyone. To ensure convenient charging, VinFast will partner with local suppliers to establish a nationwide charging network. This ambitious plan will enable seamless electric mobility for Indonesian customers, significantly boosting sustainable transportation adoption in the market. Mr. Tran Quoc Huy, VinFast Indonesia CEO, said: "VinFast is proud to participate in IIMS 2024 and introduce smart, eco-friendly vehicles, empowering Indonesian consumers with diverse choices for sustainable mobility. We are confident that VinFast's comprehensive electric mobility platform will make electric vehicles more accessible to everyone, serving as a catalyst for the country's transition to clean energy." Driven by a long-term vision for sustainable transportation, VinFast, as previously announced, will build a local electric vehicle manufacturing plant in Indonesia with a projected capacity of 50,000 cars per year. VinFast's planned factory is expected to create thousands of jobs and contribute to the development of a robust domestic electric vehicle industry. When operational, the plant will also represent a key link in VinFast's global electric vehicle supply chain. Hashtag: #VinFastThe issuer is solely responsible for the content of this announcement.About VinFast VinFast (Stock code: VFS) – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam. Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.id.
JAKARTA, INDONESIA - Media OutReach Newswire - 6 March 2026 - VinFast has signed two Memoranda of Understanding (MoUs) with transportation solution providers PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi for the planned supply of a total of 20,000 VinFast electric vehicles by 2028. The agreements mark a significant milestone in VinFast's strategy to expand its green mobility ecosystem in Indonesia, while reinforcing the Company's credibility, market influence, and role in accelerating the electrification of transportation across Southeast Asia. Representatives of VinFast and its partners PT. Satu Kosong Tujuh and PT. Sembilan Benua Abadi at the signing ceremony of the MoU to supply 20,000 VinFast electric vehicles for transportation services in Indonesia. Under the MoUs, PT Sembilan Benua Abadi is expected to purchase 10,000 VinFast EVs by the end of 2027, while PT. Satu Kosong Tujuh plans to acquire 10,000 units by the end of 2028. The vehicles will include the Nerio Green (C-SUV) and the Limo Green (7-seat MPV). All vehicles will be deployed for commercial transportation services, maximizing the operational efficiency, cost advantages, and environmental benefits of VinFast's electric models. Nerio Green and Limo Green belong to the Green brand, which VinFast has developed and optimized specifically for commercial service operations. Nerio Green is adapted from the VF e34, the first model introduced by VinFast in the Indonesian market, and stands out with its modern urban design, spacious interior, and advanced technology features. Meanwhile, Limo Green is the newest addition to the Green lineup launched in Indonesia. Measuring 4,740 x 1,872 x 1,728 mm with a wheelbase of 2,840 mm, Limo Green offers a spacious three-row configuration tailored to high-intensity passenger transport needs. Equipped with a durable LFP battery, the vehicle delivers a driving range of up to 450 km on a full charge, optimizing operating cycles and minimizing downtime. By deploying VinFast's electric fleet, PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi will not only enhance fleet quality, maximize utilization efficiency, and reduce emissions, but also contribute to fostering green mobility habits within the community. The model is expected to generate a strong ripple effect, as Indonesian consumers gain direct, everyday exposure to the smooth, modern, and smart driving experience of electric vehicles. PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi are reputable transportation solution providers in Indonesia. With extensive operational experience and deep local market expertise, both companies are well-positioned to deploy large-scale electric fleets, optimize operational networks, and effectively reach target customer segments. Mr. Nirzam Pahmi, SE, MM, President Director of PT. Satu Kosong Tujuh, said: "We have strong confidence in VinFast and its potential to build a comprehensive, inclusive, and accessible electric mobility ecosystem. This agreement aligns with our long-term vision of transitioning to fully electric vehicles and proactively embracing the green transformation trend across the region and globally." Mr. Wempy Suciadi, CEO of PT Sembilan Benua Abadi, stated: "We are impressed with Nerio Green and Limo Green not only for their product quality but also for the sustainable development vision they represent. These models are highly promising solutions that align with the practical needs of consumers amid the transition toward green transportation." Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: "We are honored to collaborate with reputable partners in Indonesia to accelerate EV adoption and advance the green transition. Partnering with experienced enterprises that possess deep local market understanding will enable VinFast to rapidly expand market coverage and bring modern mobility solutions closer to Indonesian consumers." After over two years of presence in Indonesia, VinFast has quickly established a structured and comprehensive development foundation. The Company is currently offering a full product lineup spanning entry-level to mid- and high-end segments, including VF 3, VF 5, VF e34, VF 6, VF 7, and VF MPV 7, as well as Green models such as Limo Green. This diversified portfolio allows partners to flexibly select vehicles suited to different service models, while enabling Indonesian consumers to access electric vehicles across various price points. VinFast has also commenced operations at its Subang plant, underscoring its long-term investment commitment and direct contribution to the local value chain. In parallel, the Company continues to expand its ecosystem through the development of a nationwide dealership and after-sales service network; the rollout of an extensive charging infrastructure in partnership with V-Green; and strategic collaborations with leading banks and financial institutions to provide optimized financing solutions for customers. Through flexible and pioneering policies, from financial support to warranty and after-sales programs, VinFast is progressively creating favorable conditions for Indonesian consumers to participate in the green mobility revolution./. Hashtag: #VinFastThe issuer is solely responsible for the content of this announcement.
BEIJING and PONTEDERA, Italy, Oct. 20, 2023 /PRNewswire/ -- The CEO of Piaggio & C. S.p.A. (PIA.MI), Michele Colaninno and the Vice President of Foton Motor Group, Ma Rentao, signed a contract in Beijing for the joint development of a new range of electrically powered Porter vehicles. FOTON and PIAGGIO signed a contract of electric LCV Development for European Market The signing ceremony was attended by the Chairman of the Piaggio Group Board of Directors, Matteo Colaninno, who met Chang Rui, Chairman of Foton Motor Group, in Beijing. This will extend the Piaggio range of commercial vehicles with two new four-wheel electric variants, designed to meet the specific needs of intra-city mobility, with a combination of compact dimensions and a payload capacity of at least one tonne, particularly high for this class of vehicle. The new range of electric Porter models will be manufactured in Italy, in the Piaggio Group's Pontedera factory. Marketing will begin by the end of 2024 in the main European countries through a network of dealers who specialise in sale and support services for commercial vehicles, for maximum customer satisfaction. The new electric Porter vehicles will feature innovative cybersecurity solutions and active and passive vehicle safety systems, including advanced driver-assistance systems (ADAS). The new content will also be made available on the Porter combustion models. The agreements consolidate the positive partnership set up by the two Groups, which led to the introduction in 2021 of the first city truck, the new Porter NP6, a bi-fuel model offering compact dimensions and outstanding capacity, which has been warmly received on the European market.
LG Energy Solution signs battery cell supply agreement with Aptera and CTNS The company will supply 2170 cylindrical battery cells over seven years for the 'Aptera,' aimed to launch in the U.S. market in 2025 The company secures leadership in the emerging solar EV sector through differentiated technology leadership SEOUL, South Korea, Jan. 10, 2025 /PRNewswire/ -- LG Energy Solution announced today its exclusive partnership to supply cylindrical batteries to Aptera Motors Corp. (Aptera), a pioneering company in the solar Electric Vehicle industry. The agreement follows the signing of a three-party Memorandum of Understanding (MoU) between LG Energy Solution, Aptera, and CTNS, a battery module and pack manufacturer, at CES 2025 in Las Vegas. The three companies will collaborate on battery supply and business development to drive future growth opportunities. Under this MoU, LG Energy Solution will exclusively supply 2170 cylindrical battery cells from 2025 to 2031 to power Aptera's solar EV, the 'Aptera', aimed to launch in the U.S. market in 2025. Key Highlights of the Collaboration: Battery Cell Supply: LG Energy Solution will exclusively supply 4.4GWh of its 2170 cylindrical battery cells to support Aptera's production ramp-up from 2025 onwards. Manufacturing Excellence: CTNS will utilize LG Energy Solution cells to produce high-quality modules and packs, optimized for Aptera's proprietary battery pack design. Seamless Integration: Aptera will integrate these components into its Solar EVs, achieving new levels of efficiency and performance in the EV industry. This cutting-edge design of the solar EV minimizes air resistance for increased energy efficiency, resulting in a driving range of 643 km (400 miles) on a single charge. Its integrated solar panels can power the vehicle for up to 64 km (40 miles) per day and over 16,093 km (10,000 miles) per year. Built with recyclable materials, this eco-friendly vehicle features a lightweight carbon fiber structure and no-welding assembly for maximum cost and production efficiency. The addition of LG Energy Solution's cylindrical batteries offers superior performance and safety. To ensure safety, the batteries utilize high-quality NCMA cathodes enhanced with aluminum and LG Energy Solution's proprietary SRS® (Safety Reinforced Separator) with a ceramic coating. LG Energy Solution has consistently made advancements in cylindrical battery technology, strengthening its position as a leading player in cylindrical batteries for EVs. By 2026, the company aims to significantly expand its product competitiveness and supply capabilities through mass production of the 46-series batteries at its plant in Queen Creek, Arizona. This MoU reaffirms the company's differentiated capabilities in performance, safety, and customer value within the cylindrical battery sector. "As a global leader in battery industry, LG Energy Solution is committed to enabling innovation that shapes the future of mobility," said Glen Choi, head of the Marketing Department at LG Energy Solution. "This partnership with Aptera is a testament to our mission that aims to empower every possibility, supporting the realization of solar-powered transportation while delivering advanced battery technology, ensuring practicality and flexibility for drivers." "This partnership represents a significant milestone in bringing our solar electric vehicles to market with the reliability and performance our customers expect," said Chris Anthony, Co-CEO of Aptera Motors. "LG Energy Solution and CTNS bring unparalleled expertise, and we're excited to work together to power the future of sustainable transportation." "We are thrilled to partner with Aptera and LG Energy Solution as we push the boundaries of innovation in the electric vehicle industry," said Ki-Jeong Kwon, Chief Executive Officer of CTNS. "This strategic collaboration will not only strengthen Aptera's production capabilities but also marks a pivotal milestone in CTNS's journey to become a leading manufacturer of advanced batteries in the United States, furthering our commitment to building a sustainable future through smart green technology." About LG Energy Solution LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 58,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit https://news.lgensol.com. About Aptera Motors Corp. Aptera Motors Corp.® delivers the world's most technologically advanced solar electric vehicles (sEVs), made possible by breakthroughs in solar technology, battery efficiency, aerodynamics, material science, and manufacturing. Aptera is the first in a series of eco-friendly vehicles that the company plans to offer for consumer and commercial use. Its flagship vehicle, the Launch Edition, offers up to 400 miles per charge plus the ability to travel up to 40 miles a day on free power from its integrated solar panels. With only six key body components, Aptera's unique shape allows it to slip through the air using far less energy than other electric and hybrid vehicles today. To learn more, visit https://aptera.us
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