Electric Vehicles & Mobility
Vietnam’s top billionaire Pham Nhat Vuong & family establish $1.7B holding company GSM VN
The family of Pham Nhat Vuong, Vietnam's richest billionaire per Forbes estimation and chairman of conglomerate Vingroup, has founded GSM VN Holding with a charter capital of VND43,313 billion ($1.7 billion).
Vietnam’s electric motorbike startup Dat Bike secures $4M funding from local securities firm
Vietnam's electric motorbike startup Dat Bike has secured a $4 million investment from local securities firm Thien Viet Securities JSC, the former announced Monday.
Korea’s POSCO Future M to invests $270M in battery materials plant in Vietnam
South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.
Vietnam’s VinFast signs dealer agreements to approach Indonesia’s e-scooter market
VinFast, the electric vehicle manufacturer under Vietnam's top conglomerate Vingroup, has signed memoranda of understanding (MOUs) with six electric scooter dealers in Indonesia as it prepares to launch its electric scooter lineup in the country in the second quarter of 2026, expanding its distribution network in one of the world’s largest two-wheeler…
Vingroup chair Pham Nhat Vuong’s wife becomes chair of Vingroup-linked ride-hailing firm
GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam's top conglomerate Vingroup, has announced that Pham Thu Huong, the spouse of Vuong, as the new chairwoman.
Malaysia’s Carsome delivers $23M EBITDA in FY2025, 16% gross profit growth
CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.
Vietnam’s VinFast unveils new ultra-luxury electric vehicle
VinFast, the electric vehicle manufacturer under Vietnam's conglomerate Vingroup, has unveiled two new ultra-luxury electric models, as part of a broader restructuring of its automotive portfolio.
Green SM launches all-electric taxi service in Bali with Taksi Komotra
Green SM, the ride-hailing service arm of Vietnamese conglomerate Vingroup, has launched its operations in Bali through a strategic partnership with Taksi Komotra.
Vinfast Middle East inks deal with PlusX Electric to strengthen EV ownership experience in the UAE
Vietnam-based electric vehicles (EVs) maker VinFast announced Monday the signing of a memorandum of understanding (MoU) with PlusX Electric, a DEWA-approved EV charging and electric mobility solutions provider in the United Arab Emirates (UAE).
VinFast partners Exposure SARL to promote green transportation in the Democratic Republic of Congo
Vietnam-based electric vehicles (EVs) maker VinFast and Congo-based green transportation firm Exposure SARL have announced the signing of a memorandum of understanding regarding the potential supply of electric vehicles for green taxi services in Kinshasa, Democratic Republic of the Congo.
