Electric Vehicles & Mobility

Electric vehicles (EVs) made up 57.6 percent of the 13,322 new cars registered in Singapore in the first quarter of 2026, marking the first time they have outsold both internal combustion engine and hybrid models, the Strait Times reported on Monday.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.

Malaysia-based Cape EMS Berhad has on Tuesday announced the establishment of GrandCape (M) Sdn Bhd through a joint venture with New Grand Tech (HK) Limited, to expand into advanced interconnect engineering for electric vehicle (EV) mobility, artificial intelligence (AI) infrastructure, energy systems.

BYD Electronics (Vietnam), under Chinese giant BYD, was granted a certificate to increase its investment in Vietnam's northern province of Phu Tho to $479.8 million.

Electric vehicle manufacturer VinFast, under the ecosystem of Vietnam's conglomerate Vingroup, has signed memoranda of understanding with 14 e-scooter distributors in the Philippines, as part of its plan to expand its retail and service network ahead of a market launch scheduled for June 2026.

VinSpace, the aerospace subsidiary of Vietnam's conglomerate Vingroup, is developing nanosatellite technology with plans to launch its first satellites into orbit by 2027, as part of efforts to build a domestic space industry supporting socio-economic development.

Malaysia’s electric vehicle (EV) transition continues to progress at a steady but gradual pace, shaped by fuel subsidy structures, infrastructure constraints and intensifying competition among automakers, according to research houses.

POSCO Future M will invest at least $400 million in Song Cong 2 Industrial Park in Thai Nguyen province, northern Vietnam, in order to build its first large-scale battery materials manufacturing facility in Vietnam.

Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam's conglomerate Vingroup, has launched its shared business platform, Green SM Platform, in Indonesia and the Philippines.

VinFast, the electric vehicle (EV) manufacturer of Vietnam's conglomerate Vingroup, aims to raise its localization rate from 60 percent to 80 percent in 2026.