Electric Vehicles & Mobility

Vietnam’s VinFast to build $500M integrated EV manufacturing site in India

Vietnamese automaker VinFast Auto announced Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on Sunday (February 25), with a commitment of $500 million for the first phase.

Philippine government, Grab working to legalize motor taxis – report

GrabCar operates in 25 cities while GrabFood provides services to more than 100 cities nationwide, according to the report.

Indonesia issues more tax incentives for EV sales – report

The Indonesian government aims for 600,000 EVs to be domestically produced by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.

Malaysia’s national car Proton hints about launching new energy vehicles soon – report

Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private ownership under DRB Hicom. In May 2017, Zhejiang Geely Holding Group and DRB-Hicom signed a deal that will see Zhejiang Geely Holding Group buy a 49.9 percent stake in Proton Cars.

Aco Tech, Marii and Geno ink deal to accelerate Malaysia’s EV ecosystem development

Smart mobility provider, ACO Tech, has formalized a Memorandum of Collaboration (MoC) with Geno and the Malaysia Automotive, Robotics & IoT Institute (MARii) to explore the use of blockchain solutions for Malaysia’s electric vehicle (EV) infrastructure.

Vietnam’s VinFast partners with five dealers in Indonesia

Vietnamese carmaker VinFast Auto has officially signed the letter of intent with five dealers in Indonesia. The signing marks an important step in expanding VinFast’s distribution network in the Indonesian market and strengthening its brand recognition and competitiveness globally.

Vietnam’s VinFast introduces range of right-hand drive electric vehicles in Indonesia

Vietnamese car maker VinFast Auto has on Thursday debuted the company’s first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024.

EV delivery firm Mober secures $2m seed funding to advance green logistics expansion in the Philippines

Mober, a Philippine electric vehicle (EV) delivery company, has on Wednesday announced a $2 million seed funding round led by RT Heptagon Holdings (RTHH) under the leadership of Chairman and President Rex Tiri.

Rystad Energy sees EV market is on track for a watershed year in 2024

The electric vehicle (EV) market is on track for a watershed year in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty, Rystad Energy said Wednesday. Rystad Energy research forecasts 17.5 million EV sales this year, an 18.5 percent annual increase.