Tesla's presence in Selangor, Malaysia, is set to grow as the state government welcomes the electric vehicle (EV) giant's plans for continued investment in research and development, as well as the opening of EV service centers. Menteri Besar Datuk Seri Amirudin Shari expressed enthusiasm for Tesla's expansion efforts in the Asian region, aligning with Elon Musk's vision for the company.
With Tesla already establishing its headquarters in Cyberjaya and charging centers in the region, the focus now shifts towards opening service centers to further penetrate the Asian market. Despite recent reports of Tesla canceling a factory development project in Thailand, the company remains committed to its operations in Malaysia.
Having already set up four experience centers and exceeded installation targets for instant chargers in key locations across Malaysia, Tesla's investment in Selangor signifies a significant step towards promoting sustainable transportation in the region. The influx of investors in the semiconductor sector further underscores the state government's readiness to support technological advancements, with plans for a second integrated circuit (IC) design park on the horizon.
SI Group, a prominent global developer and manufacturer of performance additives, process solutions, pharmaceuticals, and chemical intermediates, has recently unveiled its redesigned website at www.siigroup.com. The new website aims to provide an enhanced user experience, highlighting the...
Greaves Cotton Limited, a leading diversified engineering company in India, has reported robust results for the first quarter of FY25. The company's standalone revenues grew by 12% year-on-year to INR 445 crore, with quarterly EBITDA reaching INR 50 crore, also up by 12% year-on-year. On a...
Greaves Cotton Limited, a prominent diversified engineering company in India, has announced its robust performance for Q1 FY25. The company reported a 12% year-on-year revenue growth, reaching INR 445 crore on a standalone basis. Additionally, the quarterly EBITDA stood at INR 50 crore,...
FPT Semiconductor, a subsidiary of FPT Corporation, is actively seeking collaboration opportunities with Korean enterprises to ride the 'Semiconductor Wave' that is sweeping through the industry. Mr. Tran Dang Hoa, Chairman of FPT IS and FPT Semiconductor, shared insights on promoting...
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A), a renowned drone solutions and systems developer, is set to host a shareholder update call on August 13th, 2024, at 5:30 pm EST. The company's CEO, Cameron Chell, will lead the call, discussing key milestones, while CFO Paul Sun will delve...