Electric Vehicles & Mobility
Vietnam’s EV startup AVES doubles capital to $2.2M, to focus on 3-wheelers
AVES Technology & Green Energy JSC, an electric vehicle (EV) startup in Vietnam, has raised its registered charter capital VND59.1 billion ($2.2 million), nearly double its initial figure of VND30 billion.
Singapore-based car marketplace Carro sees opportunities in Chinese EV trend [interview]
Carro, Asia Pacific’s leading online automotive marketplace, sees the rise of Chinese electric vehicles (EV) in Southeast Asia as a tailwind for its used-car business, a spokesperson at Carro said to TNGlobal.
Bus Cap and StarCharge collaborate to expand EV charging infrastructure and integrated mobility ecosystem
Bus Cap Berhad, Malaysia’s first pure-play bus builder listed on Bursa Malaysia, announced Tuesday that it has entered into a two-year memorandum of strategic collaboration (MOC) with Starcharge Energy Sdn. Bhd., an indirect subsidiary of StarCharge Digital Energy, to pursue joint opportunities in electric vehicle (EV) charging infrastructure and related…
Gentari and BYD Malaysia ink deal to support deployment of BYD Flash Charging in Malaysia
Gentari Sdn Bhd, a clean energy solutions company wholly-owned by Petronas, and BYD Malaysia Sdn Bhd (BYD Malaysia), the Malaysian arm of global electric vehicle (EV) manufacturer BYD, have on Wednesday signed a memorandum of understanding (MoU) to support the development and deployment of high-power EV charging infrastructure in Malaysia.
Vietnam’s Vingroup plans $500M EV plant in Philippines, targeting 200,000 vehicles annually
Vingroup, the Vietnamese conglomerate known for electric vehicle (EV) brand VinFast, plans to invest $500 million in a flagship EV manufacturing plant in the Philippines
PIDG exits Dat Bike as Vietnamese e-motorbike maker raises $26M Series B
The Private Infrastructure Development Group (PIDG) has exited its investment in Vietnam’s electric motorbike startup Dat Bike, after the company redeemed its convertible note.
Sunway plans trials of autonomous buses, driverless logistics and electric aircraft in Malaysia
Sunway is exploring trials involving WeRide autonomous buses, Neolix delivery vehicles and AutoFlight electric aircraft, subject to approvals.
Vingroup-affiliated GSM VN Holding dilutes Hong Kong holder to 36% as capital reaches $2B
Smart & Green Trans Limited (SGT), a company incorporated in Hong Kong, now holds about 36.17 percent of GSM VN Holding, which is affiliated with Vietnam's ride-hailing service GSM.
VinFast revenue rises 85% to $1.2B in Q2/2026, loss widens to $1.2B
VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, reported unaudited second-quarter 2026 revenue of VND30,340.9 billion ($1.2 billion), up 85 percent from a year earlier, the company said on Monday.
Foxconn unit to buy 50 percent stake in Mitsubishi Electric Mobility for $730 million
Lin Yin International Investment Co Ltd, an investment management subsidiary of Foxconn, will acquire a 50 percent stake in Mitsubishi Electric Mobility Corp for JPY 115 billion ($727 million) as part of a strategic alliance to jointly operate the automotive equipment business.
