Electric Vehicles & Mobility
VinFast’s sees 296% surge in 1Q25 global deliveries
Vietnamese electric car maker VinFast Auto Ltd announced Monday that the company delivered 36,330 EVs globally in the first quarter of 2025 (1Q25) , representing a 296 percent increase year-over-year.
BYD Sime Motors partners Malaysia’s Ministry of Transport to reduce carbon emissions through EVs in the country
BYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda.
Stellantis partners Leapmotor to set up EV assembly hub in Malaysia
Stellantis and Leapmotor have marked a pivotal milestone in the region’s electrification journey with the local assembly of Leapmotor vehicles in Malaysia, signaling the start of Leapmotor’s local assembly plans in Malaysia.
Grab gets license to operate taxis in Singapore
Southeast Asia's superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore.
Coastal Sustainability Alliance signs key LOIs to advance e-vessels adoption in Singapore
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday signed two Letters of Intent (LOIs) to boost e-vessels adoption in Singapore.
VinFast signs MOU with JIGA to expand service network in the Philippines
Vietnamese automaker VinFast and MGA.414 Corporation which operates the JIGA auto service chain, have officially signed a Memorandum of Understanding (MOU) to expand the network of service centers for VinFast electric vehicles (EVs) in the Philippines.
Carsome, FAM ink two-year partnership to strengthen Malaysian football
The Football Association of Malaysia (FAM) and Malaysian online used car trading platform Carsome have announced a two-year partnership worth nearly MYR 2 million ($451,000), naming Carsome as the official automotive partner and reinforcing their shared commitment to strengthening Malaysian football.
VinFast, Amarta ink deal to develop 22 VinFast stores in Indonesia
Vietnamese electric vehicles maker VinFast has signed a memorandum of understanding (MoU) with Indonesian vehicle distributor PT Aribi Amartapura (Amarta) to accelerate the expansion of its showroom network in Indonesia.
Carsome achieves first full year of profitability with stronger margins and cost disciplines
Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, has recorded $10.5 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year 2024, marking the group’s first full year of profitability since its inception and its sustained profitability since initial achievement in December 2023.
Carro rolls out brand new cars in Singapore
Singapore-based online used car platform Carro has rolled out brand new cars in the country, expanding automotive options for customers complete with in-house financing and after sales services.
