Electric Vehicles & Mobility
Indonesia’s IMOTO unveils electric motorcycle for global market
Indonesia-based smart electric mobility service provider IMOTO has introduced its electric motorcycle VISION.ev for global market.
VinFast breaks ground on new EV assembly plant in Indonesia
Vietnamese automaker VinFast Auto has officially broken ground on its new electric vehicle (EV) assembly plant in Subang, West Java, Indonesia.
Carsome partners NETA Auto Malaysia to offer NETA X electric vehicle
Carsome, Southeast Asia’s largest integrated car e-commerce platform, has partners with NETA Auto Malaysia to offer new NETA X electric vehicle (EV).
China’s CATL in talks to raise $1.5B supply chain fund – report
A key supplier to Tesla, CATL maintains a clear lead in the global battery market with a 37.5 percent share.
Vinfast invests $1.2B to build local assembly plant in Indonesia
Vietnam’s electric vehicle (EV) manufacturer VinFast has officially entered Indonesia earlier this year, setting up a new dealership in the Jakarta suburb of Depok and announcing it will soon invest $1.2 billion to build a local assembly plant with a capacity of 50,000 cars per year.
PT Energi Selalu Baru secures strategic investments from LX Ventures, SAIC Capital in pre-series A fundraising round
PT Energi Selalu Baru (ESB), a electric vehicle (EV) subsidiary of PT NFC Indonesia Tbk (NFCX), MCASH Group, has garnered substantial investments from LX Ventures and SAIC Capital during its pre-Series A funding round.
Hubject partners Gentari to streamline EV charging across Southeast Asia
Hubject, the Germany-based electric vehicle (EV) firm, has partnered Gentari Green Mobility Sdn Bhd, the wholly-owned subsidiary of clean energy solutions provider Gentari Sdn Bhd (Gentari), to streamline electric vehicle (EV) charging across Southeast Asia.
China’s BYD opens EV factory in Thailand, first in Southeast Asia – report
In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.
South Korea’s Hyundai & LG Energy open Indonesia’s first battery cell plant – report
Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia.
Great Wall Motor readies car plants in Malaysia and beyond – report
Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time when competition remains intense at home and the US and Europe are imposing punitive tariffs on China-made EV imports.
