Electric Vehicles & Mobility
Malaysia-based car e-commerce CARSOME reports $8.3M quarterly EBITDA in Q2
CARSOME reported Q2 EBITDA of about MYR 33 million, up 38 percent year on year, as vehicle sales and gross profit increased across Southeast Asia.
Vietnam’s FPT to absorb Poland software unit of Japan’s Nippon Seiki, extends car-software service to Europe
The Japanese unit of Vietnam’s technology giant FPT will take on the Polish software-design operations of Japan's Nippon Seiki, extending an automotive-software partnership between the two companies from Japan and Vietnam into Europe.
Nanyang Technological University flies Singapore’s first homegrown electric aircraft in Germany test campaign
Singapore's Nanyang Technological University (NTU) has completed a month-long flight-test campaign in Germany with Singapore's first electric vertical take-off and landing aircraft (eVTOL) aircraft designed and built in the country.
Southeast Asia’s EV sales accelerate as energy crisis continues
Electric vehicle (EV) sales are accelerating in Southeast Asia as energy crisis continues, Maybank Investment Bank said on Thursday.
Green GSM launches seven-seat premium electric taxi service in the Philippines
Green GSM has launched a premium seven-seat electric taxi service using VinFast Limo Green vehicles in four Metro Manila cities.
JC&C to sell Singapore, Malaysia car business to Indonesia’s Chandra Asri for $207M
Jardine Cycle & Carriage (JC&C), a Singapore-incorporated company, will sell its Cycle & Carriage automotive business in Singapore and Malaysia to CCHPL Holdings, a wholly-owned subsidiary of Indonesia's PT Chandra Asri Pacific, for an estimated S$265 million ($207 million).
Zig by ComfortDelGro invests over $8M in BYD’s new electric and hybrid PHVs
Zig by ComfortDelGro (Zig, 劲) announced Thursday that it is investing over S$10 million ($7.87 million) in its Private Hire Vehicle (PHV) fleet with a range of BYD electric and hybrid vehicles supplied by Vantage Automotive.
Zeekr Malaysia gives owners 25 percent charging discount at 1,000 JomCharge points
Zeekr, the electric-vehicle brand owned by China's Geely Holding Group, said its Malaysian unit had partnered with the charge point operator JomCharge to give Zeekr owners a complimentary JomCharge Platinum membership, until December 31, 2026.
Bus Cap partners BYD for Malaysia-based new energy commercial vehicle platform
Bus Cap Berhad, Malaysia’s bus builder listed on Bursa Malaysia, announced Wednesday that it has entered into an exclusive Memorandum of Understanding (MOU) with BYD Malaysia Sdn. Bhd. to jointly advance a Malaysia-based new energy commercial vehicle platform, anchored by the proposed establishment of a localized electric bus assembly and manufacturing…
Hyundai exports made-in-Vietnam cars to Mexico, Australia, target 15,280 units in 2026
Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.
