
Tesla has established a subsidiary in Vietnam as it prepares to enter the local market. Reuters reported that filing documents show the unit is registered in Ho Chi Minh City with capital of US$3 million.
Indonesia's industry minister said the country has the resources to build a complete domestic electric vehicle chain, speaking in Subang, West Java, on September 3, as BYD inaugurated an IDR16 trillion assembly plant, joining the Chinese carmaker's operating plants in Thailand, Uzbekistan, and Brazil.