Electric Vehicles & Mobility

Analysts have foreseen electric vehicle (EV) momentum is building in Malaysia with an expanding local assembly pipeline.

Momenta, a Chinese autonomous driving technology company, has entered into a strategic partnership with Grab, Southeast Asia’s leading superapp, which includes a strategic investment by Grab and a joint effort to bring advanced autonomous driving technologies to the region’s complex urban mobility markets.

The Philippines-based Green GSM has launched its all-electric taxi service in Davao, marking the company’s first expansion outside Metro Manila and part of its long-term plan to support a clean, modern, and well-managed transportation system across key Philippine cities.

Vietnam-based automaker VinFast has announced an investment of $1 billion to expand its electric vehicles (EV) production in Indonesia.

Malaysia-based Yinson GreenTech has appointed Louisa Rachel Brady as its Chief Executive Officer (CEO) of Yinson GreenTech, effective January 1, 2026.

Singapore-based multi-national transport group ComfortDelGro has obtained approval from the Land Transport Authority (LTA) to begin public road trials of their AV shuttles.

Carsome Group Inc, Southeast Asia’s largest integrated car ecommerce platform, has announced another quarter of profitability, reporting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $6.4 million for the third quarter of 2025.

Vingroup has announced the signing of a memorandum of understanding (MoU) with the government of Telangana for a proposed investment of $3 billion, to be implemented in a phased manner for developing a multi-sector ecosystem in the state.

One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.

Vietnam-based electric vehicle (EV) maker VinFast will invest $500 million to expand its manufacturing facility in India, targeting electric bus and electric two wheeler production.