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Malaysia’s Ni Hsin inks deal with USM, FOCUS and TAILG to promote electric mobility
Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (Ni Hsin), has signed a collaboration cum donation agreement (CDA) with Universiti Sains Malaysia (USM), Focus Applied Technologies Sdn Bhd (FOCUS) and Dongguan Tailing Electric Vehicle Co., Ltd. (TAILG), with the aim to assist Malaysia to promote…
Vietnamese EV maker VinFast to expand into Southeast Asia, raising more capital – report
Southeast Asia has a lot of potential with governments looking to boost EV adoption with aggressive targets, VinFast Chief Executive Officer Le Thi Thu Thuy said.
Australia’s Atlassian to acquire video messaging platform Loom for $975 million
Atlassian Corporation, a provider of team collaboration and productivity software based in Australia, will acquire video messaging platform Loom for approximately $975 million to supercharge team collaboration.
Indonesia’s AMODA raises seed funding co-led by East Ventures and Living Lab Ventures
AMODA, a property and construction technology startup in Indonesia, has secured seed funding co-led by East Ventures and Living Lab Ventures. This round of investment strengthens its balance sheet, following the pre-seed funding in 2022. The funding will be mainly allocated to expanding its product, technology, and operation capabilities.
Kazakhstan Science Fund partners Quest Ventures to boost startup ecosystem
The Science Fund, a Kazakhstan national institute for scientific and technological development, has on Monda announced that it has signed an agreement with Singapore-based venture capital firm Quest Ventures to bolster the vibrant emerging startup and innovation ecosystem in the country.
Vietnamese robotic prosthetics firm Vulcan Augmetics raises seed funding from Quest Ventures
Vulcan Augmetics, a Vietnam-based robotic prosthetics firm, has on Monday announced that it has secured seed funding from Singapore-based venture capital firm Quest Ventures.
Budget 2024: Malaysia federal govt plans to adopt EVs as official vehicles
The government will also strengthen the venture capital environment through the centralization of venture capital agencies such as Penjana Kapital and MAVCAP under the sovereign wealth fund Khazanah Nasional Berhad.
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Vietnam’s GSM expands to Lao electric vehicle ride-hailing service market
Vietnam’s Green and Smart Mobility JSC. (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi service under the brand Green SM. Green SM plans to introduce its electric taxi services in Laos by 2023, with 1,000 VF 5 Plus and VF e34 electric cars making up its fleet.
