Electric Vehicles & Mobility
Hyundai exports made-in-Vietnam cars to Mexico, Australia, target 15,280 units in 2026
Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.
Vietnam’s EV maker VinFast, Indonesia’s Gowa Motor to form joint venture for 30 EV showrooms
Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.
Zeekr extends RM1.20/kWh fast-charging rate to all DC Handal stations in Malaysia
Zeekr, the premium electric-vehicle brand of China's Geely Holding Group, said its Malaysian unit has extended a discounted direct-current fast-charging rate of MYR1.20 ($0.29) per kilowatt-hour to all DC Handal charging stations nationwide, having previously offered it only at selected locations.
Malaysia remains Grab’s biggest revenue source with $622M in H1/2026
Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.
What 1,000 EV chargers reveal about making Singapore’s older condos EV-ready [Q&A]
Singapore’s EV transition is creating a new infrastructure challenge for older condominiums. MNL Solutions co-founders Lai Yuan Weng and Sathiyamoorthy Nagarajan discuss load management, MCST approvals, charger economics, and lessons from more than 1,000 deployments.
Vietnam fines Grab $50,000 for consumer protection violations
The National Competition Commission, under Vietnam's Ministry of Industry and Trade, has issued an administrative penalty of VND1.36 billion ($51,700) against Grab Vietnam, under Singapore-based superapp Grab, for violations of consumer protection law.
India’s River Mobility, backed by Toyota, Yamaha, raises $120M Series C to expand electric motorbike factories
India's River Mobility has closed a $120 million Series C round comprising equity and venture debt, among the largest private investments in India's electric two-wheeler sector.
Indonesia’s transportation platform McEasy raises $9M Series B to expand across Southeast Asia
Indonesia's McEasy, a fleet and transportation management platform, has raised $9 million in a Series B round combining equity and debt.
Inchcape Plus launches China’s BYD T35 electric light truck in Singapore, first in Southeast Asia
Inchcape Plus, Singapore's BYD commercial truck dealer, has launched the BYD T35 electric light truck in Singapore, making it the first market in Southeast Asia to introduce the vehicle following its global debut at the Japan Mobility Show 2025.
Honda’s EV losses to approach $12.5B across fiscal years 2026-2027
Japan's Honda Motor is set to book ¥1.97 trillion ($12.5 billion) in EV-strategy losses across fiscal years 2026 and 2027, equal to roughly three years of operating profit and more than a full year of total R&D spending.
