Electric Vehicles & Mobility

Indian electric motorcycle maker Ultraviolette has raised $85 million led by Yali Capital and TDK Ventures to expand manufacturing, develop new EV platforms and grow internationally.

Zeekr Malaysia has signed a dealership agreement with EON, starting with a Shah Alam pop-up store in October and a Glenmarie retail and aftersales facility planned for Q1 2027.

Malaysia’s electric vehicle (EV) market is gaining momentum, with year-to-date sales more than doubling in the first eight months of 2026 as automakers shift towards locally assembled models, while competition from Chinese brands and national marques is reshaping the automotive market, according to Kenanga Research and BIMB Securities.

Startups in Southeast Asia's logistics-technology sector have raised $17.7 billion in equity funding to date, with investment recovering to $339 million so far in 2026, the highest annual level since 2021.

Zeekr Malaysia, the local arm of China's premium EV brand Geely, has launched an owner-community program One Zeekr, offering lifestyle events, gatherings, and charitable activities to its car buyers.

Green SM has launched its electric motorbike service in Jakarta, expanding its all-electric transportation ecosystem in Indonesia to include two-wheeled mobility alongside electric taxis.

Maybank Investment Bank said on Thursday that growing electric vehicles (EV) adoption should continue to support industry volumes into the second half of 2026.

Alphabet's self-driving unit Waymo will launch a fully autonomous, all-electric ride-hailing service in Singapore by 2028, its first market in Southeast Asia.

Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.

VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.