Electric Vehicles & Mobility
Carsharing supercharges EV adoption in Singapore
As the world transitions towards a net zero future, Singapore is doing its part by electrifying its transportation ecosystem to meet the carbon emission targets set out in its…
CIMB introduces suite of EV financial solutions in Malaysia to drive EV adoption
Malaysian lenders CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively CIMB) have on Monday introduced its suite of electric vehicle (EV) financial solutions in Malaysia to…
India’s BluSmart raises $42M to strengthen its operations in mega cities
BluSmart Mobility, India’s electric vehicle (EV) ride-hailing service and EV charging superhub infrastructure operator, has on Thursday announced that it has raised $42 million in…
Sunway, Gentari and EV Connection ink MoU to develop Electric Vehicle charging infrastructure across Malaysia
Malaysian conglomerate Sunway Group, clean energy solutions company Gentari Sdn Bhd, and electric vehicle (EV) charging solutions provider EV Connection Sdn Bhd, have sealed a…
Vietnam’s VinFast receives $2.5B for development
Vietnamese conglomerate Vingroup Joint Stock Company car maker subsidiary VinFast Joint Stock Company has received $2.5 billion in grants and loans to facilitate its continuing…
Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency
Electric cars are expected to make up nearly one-fifth of the global market this year, according to the International Energy Agency's (IEA) outlook report for the electric vehicle…
Japan’s Luup raises $33.55M new funding led by Spiral Capital
Japanese micromobility company Luup, Inc. has raised a total of approximately 4.5 billion yen ($33.55 million), bringing its total capital raised to date to approximately 9.1…
Thailand’s Banpu NEXT invests in Singaporean battery-as-a-service provider Oyika
Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap…
Vietnam’s Selex Motors raises $3M from ADB Ventures, Schneider Electric Energy Access Asia and others
Vietnam-based Selex Smart Electric Vehicles JSC (Selex Motors) is currently in a $3 million convertible note investment round with ADB Ventures - Asian Development Banks's venture…
Gogoro partners Enel X to deploy 2,500 battery swapping stations in Taiwan
Taiwan-based battery swapping system provider Gogoro Inc. has partnered Italy-based energy services firm Enel X to deploy 2,500 Gogoro battery swapping stations across 1,000…
