Day: October 15, 2024

EV Industry Update

China Association of Automobile Manufacturers (CAAM) data showed China’s new energy-vehicle (NEV) sales grew further to a record high last month. In September, China’s NEV sales reached a record high of 1,287,000 units, surpassing the previous record of 1,191,000 units in December last year. This represents a year-on-year increase of 42.3% and a 17% increase from August.

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The likely Prabowo-Gibran cabinet lineup (3)

Nearly 50 names were summoned by president elect Prabowo Subianto to sign the so-called integrity pact on Monday (Oct 14). We now have a clearer picture about his cabinet. Sri Mulyani Indrawati will be reappointed minister of finance, while Budi Gunadi Sadikin is retained at his current position (health affairs). 

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