Electric Vehicles & Mobility

NCT partners with OM Charge to build EV infrastructure at NSIP

Malaysia’s Managed Industrial Park (MIP) NCT Group of Companies, has partnered with OM Charge Sdn. Bhd to create a more sustainable transportation ecosystem at NCT Smart Industrial Park (NSIP).

Malaysia’s Proton begins construction of new EV plant in Tanjung Malim

Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction ceremony for a new production plant at its high tech Tanjung Malim facility.

Maybank : EV transition is reshaping Malaysia’s automotive industry

Maybank Investment Bank said Tuesday that Malaysia's automotive industry is transitioning, driven by the rise of electric vehicle (EV) players, with current investments focused on downstream areas like showrooms and service centers, alongside growing interest in EV assembly.

ADB, Ayala sign $100M financing deal to support electric mobility in the Philippines

The Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Philippine conglomerate Ayala Corporation’s contributions to the development of an electric mobility ecosystem in the Philippines.

Nestlé Philippines inks partnership with Mober to integrate EV in mid & last-mile delivery

As part of the partnership, Mober will provide electric trucks (e-trucks) to service Nestlé Philippines’ logistics needs across Metro Manila.

Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth

IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.

Malaysia’s Vynn Capital to accelerate deployment in 2025

We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…

Malaysia’s Perodua and UTM team up to develop next generation EV

Malaysia's national automaker Perodua and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to develop the country’s next generation of electric vehicles (xEV).

Vietnam’s VinFast officially enters the Indian market

India is also the first market where VinFast has developed a right-hand drive version of the VF 6 and VF 7. These two models are expected to meet the electrification needs of consumers and set a new benchmark in the green transportation industry in India.

NexV Manufacturing, Global NEV Technology explore strategic collaborations in assembly and manufacturing of NEVs in Malaysia

Malaysian electric vehicle (EV) firm NexV Manufacturing Sdn. Bhd. (NMSB) and Chinese-held EV firm Global NEV Technology Sdn. Bhd. (GNEV) have inked a Memorandum of Understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of New Energy Vehicles (NEVs) in Malaysia.