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☆ Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts
▼ + stars: | 2024-04-18 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Tim Cook, chief executive officer of Apple Inc., center, arrives at Apple Developer Academy at Binus University in Tangerang, Banten, Indonesia, on Wednesday, April 17, 2024. Apple's Tim Cook is in Singapore for the latest leg of his whirlwind tour around Southeast Asia as the CEO pivots toward the region for expansion and sales growth amid struggles in China. Cook's arrival in the city follows Apple's announcement of plans to invest over $250 million into its operations in Singapore. While the tech giant already employs 3,600 people in the country, Apple said the expansion will provide space for new roles, including in artificial intelligence. Apple did not immediately respond to a CNBC request for comment about Cook's itinerary.

Persons: Tim Cook, Apple's Tim Cook, Cook, Cook's, Lawrence Wong, Lee Hsien Loong, Lee, Wong, Apple, Joko Widodo Organizations: Apple Inc, Apple Developer Academy, Binus University, Bloomberg, Apple, CNBC Locations: Tangerang, Banten, Indonesia, Singapore, Southeast Asia, China, state's, Cupertino , California, Vietnam

☆ Toyota, Idemitsu join hands to mass-produce all-solid-state batteries
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

A worker cleans Toyota's Electric Vehicle bZ4X, that is displayed during the Gaikindo Indonesia International Auto Show in Tangerang, near Jakarta, Indonesia, August 10, 2023. REUTERS/Willy Kurniawan/File Photo Acquire Licensing RightsTOKYO, Oct 12 (Reuters) - Toyota Motor (7203.T) and Idemitsu Kosan (5019.T) have joined hands to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday. Idemitsu and Toyota said in a statement they would aim to commercialise the next-generation batteries in 2027-28, followed by full-scale mass production. Toyota President Koji Sato and Idemitsu President Shunichi Kito will hold a press conference at 3 p.m. (0600 GMT) on Thursday. Solid-state batteries can hold more energy than current liquid electrolyte batteries.

Persons: Willy Kurniawan, Idemitsu Kosan, Koji Sato, Shunichi Kito, Chang, Ran Kim, Muralikumar Organizations: REUTERS, Rights, Toyota, world's, Thomson Locations: Indonesia, Tangerang, Jakarta

☆ Indonesia's EV ambitions could help boost investments in the rest of Southeast Asia
▼ + stars: | 2023-09-25 | by ( Quek Jie Ann | ) www.cnbc.com time to read: +1 min

Korean automobile manufacturer Kia displays the electric vehicle "EV6 GT-Line" during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Indonesia's EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia's automotive industry more broadly. Indonesia could be the "gateway" to the rest of the Association of Southeast Asian Nations, said Anindya Novyan Bakrie, CEO and president director of Bakrie & Brothers, an Indonesian conglomerate whose electric vehicle unit VKTR manufactures electric buses as well as EV parts. The Southeast Asian country is rich in copper, nickel, cobalt and bauxite — materials essential for the manufacturing of electric vehicle batteries. Indonesia is the largest nickel exporter, accounting for 22% of the world's reserves, according to a report by the ASEAN Briefing.

Persons: Anindya Novyan Bakrie, Tesla Organizations: Kia, Indonesia's, Association of Southeast Asian Nations, Bakrie, Brothers, ASEAN, BMI Fitch Solutions, CNBC Locations: Indonesia, Tangerang, Indonesian

☆ A Vanishing Nomadic Clan, With a Songlike Language All Their Own
▼ + stars: | 2023-09-19 | by ( Brendan Borrell | Joshua Irwandi | ) www.nytimes.com time to read: +1 min

The Punan people of the island of Borneo were once rumored to have tails, so elusive did they seem to their neighbors in the 19th century. Over decades, the Indonesian government stripped the Punan of their ancestral lands and encouraged them, sometimes forcibly, to settle in ready-built villages. By the 1990s, anthropologists believed that the group’s traditional hunter-gatherer lifestyle had vanished. In 2002, a census of the Punan in eastern Borneo focused only on the villages, because so few nomads were thought to exist. But with funding from the National Science Foundation, the scientists made contact with the nomadic group in 2018, and began collecting data with the aim of ensuring their health and welfare.

Persons: Stephen Lansing, Pradiptajati Organizations: Santa Fe Institute, Riady, for Nanotechnology, National Science Foundation Locations: Borneo, Indonesian, Tangerang, Indonesia

☆ US Vice President Harris dismisses Biden age concerns, but ready to be president
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

U.S. Vice President Kamala Harris gestures as she boards Air Force Two after attending the 43rd ASEAN Summit at the Soekarno-Hatta International Airport in Tangerang, Indonesia on September 7, 2023. Yasuyoshi Chiba/Pool via REUTERS Acquire Licensing RightsWASHINGTON, Sept 7 (Reuters) - U.S. Vice President Kamala Harris dismissed questions about President Joe Biden's age on Friday, telling a television interviewer she is prepared to be commander in chief, but that it won't be necessary. "Joe Biden is going to be just fine," Harris said, when asked about concerns that Biden is too old to run again. "But Joe Biden is going to be fine. Let me tell you something: I work with Joe Biden every day," the vice president said.

Persons: Kamala Harris, Yasuyoshi, Joe Biden's, Joe Biden, Harris, Biden, Republican Donald Trump, Nikki Haley, Steve Holland, Heather Timmons, Jonathan Oatis Organizations: Air Force, ASEAN Summit, Hatta International Airport, REUTERS Acquire, Rights, Republican, South Carolina, CBS News, Thomson Locations: Tangerang, Indonesia, Jakarta

[1/2] A worker cleans an electric-powered car Neta V, that is displayed during the Gaikindo Indonesia International Auto Show in Tangerang, near Jakarta, Indonesia, August 10, 2023. Dody Hartono, a visitor at the auto show who plans to buy his first EV by 2024, said he wants a better deal. Indonesia has ambitious EV growth plans as it races Thailand and India to build out an EV industry as an alternative to China, the world's largest producer. CONFIDENCE ISSUESToyota (7203.T), its affiliate Daihatsu, and Honda (7267.T) account for two-thirds of auto sales in Indonesia but have been slow to pivot to EVs. Toyota has said it has no plans yet to build an EV in Indonesia.

Persons: Willy Kurniawan, Dody, EVs, Hartono, China's, Hendra Pratama, Hendra Budi, –, Johan Purnomo, Stefanno Sulaiman, Kevin Krolicki, Himani Organizations: REUTERS, Hyundai, HK, Air EV Lite, Daihatsu, Huawei, Toyota, Honda, Mitsubishi Motors, Thomson Locations: Indonesia, Tangerang, Jakarta, Thailand, India, China, Southeast Asia

☆ Indonesia gives automakers more time to qualify for EV credits in investment bid
▼ + stars: | 2023-08-10 | by ( Stefanno Sulaiman | ) www.reuters.com time to read: +3 min

[1/5] A worker stands near a Mini Cooper Electric car, that is displayed during the Gaikindo Indonesia International Auto Show in Tangerang, near Jakarta, Indonesia, August 10, 2023. REUTERS/Willy KurniawanTANGERANG, Indonesia, Aug 10 (Reuters) - Indonesia said on Thursday it would give automakers two more years to qualify for electric vehicle incentives in Southeast Asia's largest auto market, a move followed by investment commitments by China's Neta EV brand and Mitsubishi Motors. The moves announced at the Jakarta auto show come as Indonesia races Thailand and India to build out an EV industry as an alternative to China, the world’s largest producer. Indonesia is Southeast Asia’s largest auto market and its second-largest production hub behind Thailand. Until now, only two manufacturers have shifted enough production to Indonesia to qualify for full incentives: Wuling Motors (0305.HK) and Hyundai (005380.KS).

Persons: Willy Kurniawan TANGERANG, Agus Gumiwang Kartasasmita, ” Agus, Wuling, Hiroyuki Ueda, Stefanno Sulaiman, Kevin Krolicki, Conor Humphries Organizations: Cooper, REUTERS, China's, Mitsubishi Motors, Toyota, Daihatsu, Honda, Mitsubishi, New Energy Automobile, Wuling Motors, HK, Hyundai, Wuling, Air EV, Reuters, Gaikindo, Auto Show, Astra Motor, PT Astra International, Thomson Locations: Indonesia, Tangerang, Jakarta, Thailand, India, China, Southeast, Neta, Gaikindo Indonesia

☆ China's Hozon to start selling Neta EVs in Indonesia from Q4
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

The company also plans to start localized assembly and production for its products in Indonesia from the second quarter of 2024, it said. Wang Chengjie, president director of PT NETA Auto Indonesia, said the local assembly plant will have a production capacity of 30,000 units annually. Hozon, which exported 6,970 cars in the first half of this year, has been selling its Neta EVs to Southeast Asian countries including Thailand, Myanmar and Nepal. It is building its first overseas plant in Thailand and aims to start production there in January 2024. Hozon's Neta V was the second best-selling EV in Southeast Asia in the first quarter, following BYD's Atto 3, according to research firm Counterpoint.

Persons: Tingshu Wang TANGERANG, Hozon Auto, Wang Chengjie, Hozon's Neta, Stefanno Sulaiman, Zhang Yan, Kim Coghill Organizations: Beijing International Automotive, Auto, REUTERS, Hozon, Gaikindo, PT NETA Auto, Thomson Locations: Auto China, Beijing, China, Indonesia, SHANGHAI, Southeast Asia, Gaikindo Indonesia, Hozon, Thailand, Myanmar, Nepal, Jakarta, Shanghai

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