SEGULA Technologies’ Post

Exciting news from the Kingdom of Morocco 🇲🇦! The first #gigafactory in the #MiddleEast & #Africa region is being established by the #SinoEuropean group Gotion High-Tech. With a substantial investment of 12.8 billion dirhams, this gigafactory in #Kénitra is poised to transform the electric battery industry and generate 17,000 jobs, providing a significant boost to the Moroccan economy. This development marks a pivotal moment for Morocco, positioning the country at the forefront of sustainable energy and advanced manufacturing in the region. It’s impressive to see such significant investment and collaboration, which will undoubtedly have lasting positive effects on the local economy and job market. 🔋 #GotionHighTech: A global leader in electric batteries 🌍 #Kénitra: The heart of Morocco's energy transition 🏭 #17000jobs: Catalyzing local economic growth and job creation 💰 12.8 billion dirhams: A major strategic investment 🚗 Volkswagen: A key partner in battery production

Chinese new energy vehicle companies gather in Thailand market In recent months, four car companies including BYD, Nezha, Great Wall, and SAIC have invested more than 15 billion yuan in Thailand. Changan Automobile and Chery Automobile have also announced that they will invest and build factories in Thailand... Thailand is becoming the first choice for Chinese new energy vehicle companies to compete overseas. This also puts Thailand, already a leader in Southeast Asia's automotive industry, once again in a leading position in its transition to new energy. For Chinese car companies, when exploring the international market and laying out the global industrial chain, the key to Thailand's attractiveness is not only the electric vehicle promotion policy and related subsidies, but also the automobile industry accumulated over the years in many industrial parks such as Thailand's Amata Industrial Park. Chain and complete infrastructure supporting services are important factors. #newenergyvehicles #thailandmarket #components #botrond #icchips #aichips #globalsupplychains #icsourcing

The keenly awaited panel discussion! 😀

#VinhPhuc #Vietnam is an ideal choice for manufacturing and assembly businesses in #electronics, #automobiles, #vehicles or e-vehicles, and various other industries. Why Vinh Phuc? 📌 Strategic Location: Situated in the heart of the North, Vinh Phuc boasts a strategic location, providing easy access to key destinations. It's just a 30-minute drive to the largest international airport in the North, about 50 minutes to Hanoi, and offers convenient access to Vietnam-China border crossings via the expressway system. 📌 Diverse Supply Chain: With the concentration of big names such as Piaggio, Honda, and Compal... Vinh Phuc offers a diverse supply chain. Additionally, there are various component manufacturing units and diverse raw materials, facilitating manufacturing and assembly processes. 📌 Investment Environment: Local authorities and functional agencies always accompany and support investors. If you're looking for a location to setup a production, below are some details about ready-built factories for rent in Vinh Phuc that you should consider! #savillsindustrial #property #factory #production #warehouse #savillsvietnam

Great news from China's leading electric vehicle manufacturer, BYD! Teaming up with its local partner Mega Conglomerate Private Limited, BYD is eager to invest in Pakistan for the production of cutting-edge electric vehicles. This move comes as Pakistan ramps up efforts to reduce its carbon footprint and embrace energy-efficient transportation to promote cleaner air. The venture aims to make environmentally friendly products more accessible to Pakistani consumers while driving expansion in the country's automotive industry. BYD's plan includes local manufacturing of electric vehicles in Pakistan, facilitating the export of Right Hand Drive (RHD) vehicles from the country. This investment underscores the efforts of the Special Investment Facilitation Council to attract foreign investments. Additionally, Pakistan and China have agreed to establish a Working Group (WG) to oversee five new economic corridors as part of the second phase of the China-Pakistan Economic Corridor (CPEC). These corridors align with the 5Es framework developed by the Planning Ministry and include initiatives such as the Corridor of Job Creation, Corridor of Innovation, Corridor of Green Energy, and Inclusive Regional Development. The agreement, formalized during a meeting between Federal Minister of Planning, Development, and Special Initiatives Professor Ahsan Iqbal and Chinese Ambassador to Pakistan Jiang Zaidong, signals a strengthened partnership between the two nations in advancing economic development and sustainable initiatives. #BYD #ElectricVehicles #InvestmentInPakistan #CPEC #SustainablePartnership #Chinese #EV #Pakistan #Scoophubofficial #Scoophub

At Yazaki, we take pride in our role as an employer dedicated to the growth of local areas. We believe that this can be achieved by bringing together different cultures and communities. This helps us succeed in the long run while making life better for everyone. By generating employment opportunities, we actively enhance the well-being of residents and fuel the growth of regional economies. #Yazaki #YazakiEMEA #YazakiEurope #YazakiFamily #YazakiSpirit #OneForAllAllforOne #Sustainability #EnergyEfficiency #EnvironmentalSoundness #Teamwork #Automotive #AutomotiveIndustry #AutomotiveSupplier #AutomotiveEngineering #AutoIndustry #AutoSupplier #Engineering

China's leading electric vehicle manufacturer BYD, in collaboration with its local partner Mega Conglomerate Private Limited, has shown keen interest in investing in Pakistan for the production of advanced electric vehicles. This development is occurring as Pakistan intensifies efforts to diminish its carbon footprint and embrace more energy-efficient transportation methods to promote cleaner air. The venture aims to make environmentally friendly products more accessible to Pakistani consumers and propel the country's automotive industry towards expansion. BYD's plan includes the local manufacturing of electric vehicles in Pakistan, facilitating the export of Right Hand Drive (RHD) vehicles from the country. This investment from BYD underscores the Special Investment Facilitation Council's efforts to attract foreign investments. Additionally, Pakistan and China recently agreed to establish a Working Group (WG) to oversee five new economic corridors as part of the second phase of the China-Pakistan Economic Corridor (CPEC). These corridors align with the 5Es framework developed by the Planning Ministry and include initiatives such as the Corridor of Job Creation, Corridor of Innovation, Corridor of Green Energy, and Inclusive Regional Development. The agreement was formalized during a meeting between Federal Minister of Planning, Development, and Special Initiatives Professor Ahsan Iqbal and Chinese Ambassador to Pakistan Jiang Zaidong, signaling a strengthened partnership between the two nations in advancing economic development and sustainable initiatives. #Chinese #EV #BYD #Pakistan

#Malaysia #Electric #Vehicle Market size was valued at USD 15.54 Mn. in 2021 and the total revenue is expected to grow at 12.46 % through 2022 to 2029, Malaysia Electric Vehicle Market is reaching nearly USD 39.76 Mn. by 2029. More Info:https://lnkd.in/dB_swY4K The #objective of the report is to present a #comprehensive analysis of the #Malaysia Electric Vehicle Market to the #stakeholders in the industry. The past and #current status of the #industry with the #forecasted market size and trends are #presented in the report with the analysis of #complicated data in simple #language . The report covers all the #aspects of the industry with a #dedicated study of key players that #include market leaders, followers, and #new entrants. Malaysia Electric Vehicle Market Key Players Mercedes-Benz AG Benz Bolloré MISTUBISHI FMMR Nissan do Brasil #EVMalaysia #ElectricVehiclesMY #GreenTransportation #SustainableMobility #EVRevolution #CleanEnergyMY #FutureOfTransport #GoGreen #EVAdoption #MalaysiaCleanEnergy #ElectricCars #ZeroEmissions #RenewableEnergyMY #GreenTech #ElectricVehicleMarket

An expected CAGR of 33% will catapult ASEAN’s EV market to sales of 9 million EVs by 2035. This will be only closely behind the US (11M) and China (12M), underscoring the massive opportunity for players all along the value chain to capture in the coming 11 years. Half of those cars will be sold in Indonesia alone, benefiting from the most significant growth projected at a 38% CAGR, in the country that is home to more than 40% of ASEAN’s population. While the best-sold models currently originate from Indonesia (Chinese-American brand Wuling) and Vietnam (Vinfast), we expect a significant shift in the landscape with more Southeast Asian players gaining market share, such as Malaysian powerhouse Proton. What offers a historic growth opportunity for the ASEAN countries in a high-value add supply chain, simultaneously will be an attractive pull for suppliers from the historic automotive bastions in Europe and the US. Which aspect of this development excites you most? This is the first post in our new series on ASEAN’s gigantic EV opportunity. Follow us for more insights into the landscape over the coming weeks. #EV #automotive #ASEAN #SEA #InvestinAsia #manufacturing #investment #electricvehicles

Electric vehicle (EV) sales across the ASEAN-6 markets — Indonesia, Malaysia, Thailand, Vietnam, the Philippines and Singapore — is expected to see a sharp growth with total sales volume forecast to reach 8.5 million vehicles by 2035. What is the market size and state of EV readiness of the ASEAN-6 countries? Where are the opportunities for companies and investors to tap on this growth potential? Read the EY-Parthenon report here: https://go.ey.com/3O37iSv #Automotive #ElectricVehicle #EV #Mobility #StrategyRealized