Electric Vehicles & Mobility
Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says
Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in China and Malaysia.
Malaysia’s DRB-Hicom partners China’s Geely to develop Automotive High-Tech Valley in Malaysia
Malaysian automotive manufacturer and distributor DRB-Hicom Berhad and China's Zhejiang Geely Holding Group Co Ltd (Geely) have signed a Heads of Agreement (HOA) to reinforce the next phase of collaboration between the two companies for the development of the Automotive High-Tech Valley (AHTV) in Malaysia.
VinFast to deliver electric SUVs in Vietnam; eyes overseas deliveries
Vietnamese carmaker VinFast said Thursday that it will begin delivering its new electric sport utility vehicles (SUVs) in Vietnam this week.
Malaysia’s Blueshark launches initiative to accelerate electric motorcycles adoption and development
Malaysia-based electric vehicle (EV) tech mobility company Blueshark has announced a new program called Malaysia Electric Vehicle Empowerment (MyEVE) to accelerate the adoption and development of electric motorcycles in Malaysia.
Singapore’s Carro to give away a brand-new Hyundai IONIQ 5 EV
Singapore-based used car marketplace Carro is giving away a brand-new, made-in-Singapore Hyundai IONIQ 5 electric vehicle.
GSM invests in Be Group to expand electric car services in Vietnam
Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, and Be Group, a Vietnamese technology company, have signed an investment and cooperation agreement to deploy electric cars and motorbikes in transportation services in Vietnam for the first time.
Saving the planet one ride at a time: The rise of green energy transportation
The rise of green energy transportation is an encouraging step in our transition toward a more sustainable future. Companies and governments around the world taking proactive measures to reduce their carbon footprint and invest in renewable sources. These initiatives reduce emissions while safeguarding our planet for future generations.
Singapore’s Green Li-ion secures $20.5M in Pre-Series B funding led by TRIREC
Green Li-ion, a Singapore-founded lithium-ion battery recycling technology company, announced Monday that it has raised $20.5 million in pre- series B funding led by Singapore-based decarbonization venture capital firm TRIREC.
Indonesia to provide incentives to boost EV sales, attract investment – report
Indonesia is always keen to develop domestic EV production facilities to take advantage of its rich nickel reserves, an important material to produce EV batteries.
EV sales collapse as subsidies and tax credits come to an abrupt halt, says Rystad Energy
The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3 percent year-on-year increase over January 2022.
