Electric Vehicles & Mobility

Vietnam-based electric vehicles (EVs) maker VinFast saw its revenue jump 47 percent year on year to $719 million in the third quarter, driven by strong top-line focus.

Vietnam-based electric vehicles (EVs) firm VinFast has signed a series of memorandum of understandings (MOUs) with Indonesia’s leading financial institutions to strengthen cooperation in promoting the country’s green mobility transition.

Swift Bridge Technologies (MFG) Sdn. Bhd. has announced its localized production of Malaysia’s first electric vehicle (EV) chargers with MYR 11.2 million ($2.68 million) investment over the next three years.

WeRide, a China-based autonomous driving technology, and Grab, Southeast Asia’s superapp, announced last Friday that Singapore’s Land Transport Authority (LTA) has granted them approval to conduct autonomous vehicle (AV) testing with the entire Ai.R fleet within the Punggol district.

Grab Holdings Limited announced Monday that it had signed definitive agreements to invest in Vay Technology GmbH (Vay), a Germany-based provider of automotive-grade remote driving technology, for $60 million in cash.

VinFast Auto India, a subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has accelerated its retail network expansion, with 24 dealerships now operational across major cities in India.

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MOU) with YES BANK, Indias sixth-largest private sector bank, to provide retail and inventory financing for its exclusive dealer network.

Vietnam-based Vingroup, the government of Kinshasa, the capital of the Democratic Republic of the Congo, have signed a memorandum of understanding (MOU) to collaborate on research and development of large-scale urban projects and green mobility.

Asia Mobiliti, a Malaysia-based mobility-as-a-service (MaaS) technology company, and Theoremus, an intelligent transport systems (ITS) firm headquartered in Bulgaria, have signed a memorandum of understanding (MoU) to jointly explore and develop opportunities in the transportation sector across Asia and Eastern Europe.

Vietnamese electric vehicles maker VinFast has officially announced strategic partnerships with LORET Group, which will be responsible for distribution in the French Overseas Territories market.