Electric Vehicles & Mobility
Malaysia’s DRB-Hicom and China’s Geely set framework for development of Automotive Hi-Tech Valley
Malaysian conglomerate DRB-Hicom has inked master collaboration agreement (MCA) with Chinese automkaer Zhejiang Geely Holdings Group for the development of the Automotive High-Technology Valley (AHTV) project in Malaysia.
Vietnam’s VinFast net loss increases despite rising revenues
Vingroup JSC automaker arm VinFast Auto Ltd, has reported higher net loss in the third quarter despite rising revenues. The firm's net loss for the quarter stood at $622.9 million, representing an increase of 33.7 percent from the third quarter of 2022 and an increase of 19.7 percent from the second quarter of 2023.
Battery electric vehicles is clear winner when trying to reduce emissions, says Rystad Energy
Battery electric vehicles (BEV) are the clear winner when trying to reduce emissions in the transportation sector, according to Rystad Energy research. Despite incurring higher emissions in the manufacturing process of electric vehicles and an enduring reliance on fossil fuel power generation in many countries, it said the positive environmental impact of…
BMI sees Malaysia’s electric vehicle sales to quadruple in 2023
BMI, a FitchSolutions firm, has projected that Malaysia's total electric vehicle (EV) sales to quadruple in 2023, although the country’s EV penetration rate (EV sales as percent of total vehicle sales) will stay at just 1.8 percent. BMI estimates demand for EVs in Malaysia to far outstrip that of internal combustion engine cars within the 2023-2032…
Vietnam’s Green SM reaches six millionth ride
Green SM, the pure electric vehicle ride-hailing service of Vietnam’s Green and Smart Mobility JSC. (GSM) announced last Friday that it has reached the 6 millionth ride after only five months of its market launch.
Malaysia’s Hektar REIT partners GMA Resources for EV charging bays
Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), has partnered with GMAResources Sdn Bhd (GMA) for electric vehicle (EV) charging bays in Malaysia. This initiative involves the installation of 13 Electric Vehicle (EV) charging bays across six shopping malls in Hektar REIT’s portfolio commencing from 1…
Vietnam’s GSM officially launches electric scooter ride-hailing services in Ho Chi Minh City
The Green SM Bike, GSM's electric scooter ride-hailing service, is officially launched in HCM City on last Friday. The firm aims to expand to another six provinces and cities and to increase the electric scooter fleet to up to 90,000 units in 2023.
Potential and challenges in the pursuit of the hydrogen economy
Amidst the rapid push to enhance hydrogen technology as a viable and sustainable energy alternative, the InnovaTalk webinar titled “A Green Future of the #Hydrogen Economy” united four distinguished experts. Their aim was to delve into the potentials and hurdles of this emerging technology, particularly in the context of #Vietnam, which has committed to…
The innovative technology behind near-fireproof electric vehicle batteries
The advanced technology in #electricvehicle #batteries, particularly the advances achieved in making them fire-resistant, is a crucial aspect of this revolution. This innovation addresses one of the main issues with lithium-ion batteries, making #EVs safer as well as more environmentally beneficial.
