The EV battery production is another area of focus. With the global shift towards electric vehicles, the demand for EV batteries has been skyrocketing. Vietnam and Thailand are positioning themselves as key players in this emerging market.

The EU adopted a new regulation that strengthens sustainability rules for batteries and waste batteries on 10 July 2023. The regulation will regulate the entire life cycle of batteries – from production to reuse and recycling – and ensure that they are safe, sustainable and competitive.