Electric Vehicles & Mobility

Temasek participates in US’s EV battery maker ONE $300M funding

Our Next Energy Inc. (ONE), a United States-based energy storage technology company, has on Wednesday announced it has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion. The round was led by Fifth Wall and Franklin Templeton, and joined by ONE's Series A investors and new growth equity investors Temasek, Riverstone…

ION Mobility closes $18.7M Series A funding, brings TVS Motor Company on board as strategic investor

Singapore-based electric vehicle (EV) maker ION Mobility (ION) has on Thursday announced new investments of $18.7 million in its Series A funding round. Additionally, the company also brings TVS Motor Company on board as its strategic investor, through TVS Motor’s Singapore subsidiary, TVS Motor (Singapore).

Taiwan’s WeMo raises $15M from AppWorks to accelerate Southeast Asia expansion

WeMo Corp, a Taiwan-based urban mobility technologies firm, has on Wednesday announced the completion of a US$15 million Series A+ round of financing led by AppWorks, with participation from Taiwan National Development Fund.

Indonesia close to finalize EV deals with BYD Group & Tesla – report

Indonesia has the world’s largest nickel reserve which is essential for the battery industry.

Malaysia’s Carsome bolsters Indonesian operations via Electrum partnership and Nusantara expansion

Malaysia-based integrated car e-commerce platform Carsome is bolstering its Indonesian operations via partnership with Indonesian electric vehicle (EV) firm Electrum and has committed to investing in expanding its business in the nation’s planned Nusantara capital. 

Singapore’s Scorpio Electric clinches $6.75M funding at valuation of $150M

Singapore-based electric motorcycle firm Scorpio Electric Pte. Ltd. has successfully raised $6.75 million to further develop and test its first electric motorcycle, the Scorpio Electric X1.

Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects

Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).

VinFast partners with Vayyar Imaging to enchance safety and driving experience

Vietnamese car maker VinFast and Israeli semiconductor company Vayyar Imaging have on Thursday announced a partnership to enhance driving experience and safety by integrating in-cabin radar technology to the latest VF 6 and VF 7 models.

TechNode Global’s Top 10 interviews in 2022

In 2022, we have the privilege to interview venture capital firms and tech startups we find interesting. We hope you have enjoyed reading them. Here are our most-read interview articles: