Electric Vehicles & Mobility

MBSB Research said Monday that completely knocked down (CKD) readiness will mitigate recent policy impact across most electric vehicle (EV) marques in Malaysia.

VinFast, the electric vehicle (EV) manufacturer under Vietnam’s conglomerate Vingroup delivered 58,577 EVs in the first quarter of 2026 (Q1/2026), a 61 percent jump year-on-year, but its net loss increased to $1.12 billion as costs continued to outpace revenues.

Grab, the Singapore-based superapp, has proposed building an open electric vehicle charging network in Hanoi and deploying AI solutions to support small and medium enterprises (SMEs) and household businesses in the capital city.

Vietnam's tech giant FPT Corporation and Singapore's transport giant ComfortDelGro will collaborate in artificial intelligence (AI), smart mobility, and logistics-transport across the Asia Pacific region.

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, recorded its EBITDA jumping 85 percent year-on-year to MYR29 million ($7.3 million) as Southeast Asia's largest used car e-commerce platform accelerated its push toward sustained profitability.

The Philippine National Bank (PNB) will provide PHP2 billion ($32.4 million) to Green GSM Philippines, under Vietnam's ride-hailing service GSM, to support the expansion of Green GSM's all-electric ride-hailing operations across the Philippines.

Grab, the Singapore-based superapp, plans to explore pilot programs for autonomous vehicles and delivery robots in Vietnam, said Chin Yin Ong, Chief Organization Capability Officer at Grab.

Chinese electric motorbike manufacturer YADEA and Vietnam's green energy firm Vietnam Green Energy Infrastructure (VGX) will jointly develop a shared battery-swapping infrastructure for electric motorcycles in the Southeast Asian country.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate Vingroup, has appointed Pham Nhat Quan Anh, the eldest son of VinFast CEO Pham Nhat Vuong, as Chairman of the Board of Directors, effective May 23, as the company prepares for its next phase of global expansion.

Malaysia’s electric vehicle (EV) adoption is expected to continue its upward trajectory over the medium to long term, supported by policy incentives, shifting consumer behavior and gradual changes in fuel subsidy structures, although analysts caution that the transition will remain uneven due to infrastructure gaps and affordability constraints.