The Big StoryChina's biggest green tech projects in Southeast Asia
From raw nickel to cars, joint ventures fuel EV boom across the region
Chinese battery maker EVE Energy in December announced it will spend $422.3 million to build a cylindrical battery production base in the state of Kedah in Malaysia. © AP
Nikkei staff writers
October 4, 2023 06:00 JST
Chinese companies build factories in Southeast Asia for a number of reasons: plentiful supplies of minerals such as copper and bauxite, a booming market for "clean" technology, and as a hedge against U.S.-China trade tension -- a company may be able to present itself as a Vietnamese or Indonesian exporter, rather than a Chinese one.