Electric Vehicles & Mobility

Analysts foresee electric vehicle growth potential in Malaysia

Analysts have foreseen growth potential of electric vehicles in Malaysia, underpinned by new models launching and regulatory push. However, the opined that the MYR 100,000 ($20.965) pricing floor currently imposed on completely built units CBU EVs, remained a hurdle for EVs adoptions.

Maybank: ASEAN EV adoption will continue to increase due to favourable regulations

Maybank Investment Bank said Monday that it believes ASEAN electric vehicle (EV) adoption will continue to increase due to favorable regulations, local brands and China’s EV makers launching new models at low price points.

Vietnam’s VinFast begins selling electric bike in the United States

Vietnamese automaker VinFast Auto has on Thursday announced it will begin selling its VF DrgnFly electric bike in the United States by late April with a listed price of $2,599.

Hyundai Motor, Kia inks deal with Exide Energy Solutions to produce electric vehicle battery in India

South Korean automakers Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) have inked deal with Indian battery manufacturer Exide Energy Solutions Ltd. (Exide Energy) to produce electric vehicle (EV) battery in India.

EV charging operators from Singapore and Malaysia combine networks through roaming

Electric vehicle (EV) charging operators Charge+ from Singapore and ChargeSini (Chargehere EV Solution Sdn Bhd) from Malaysia have signed a roaming collaboration agreement that grants EV drivers from both parties access to each other’s charging networks.

PRO-NET obtains $42M financing to support green mobility and smart electric vehicles trading in Malaysia

Proton New Energy Technology Sdn Bhd (PRO-NET), a wholly owned subsidiary of Perusahaan Otomobil Nasional Sdn Bhd, announced Thursday it has obtained MYR 200 million ($42.19 million) in financing from CIMB Bank Berhad (CIMB) for the funding of its green mobility initiative and the import and distribution of the smart #1 premium electric vehicles (EV) in…

Vietnam’s VinFast officially opens first dealer store in Indonesia

Vietnamese automaker VinFast has officially opened its first dealer store in Indonesia. In addition to partnering with PT Gallerie Setia Utama, VinFast plans to significantly expand its EV distribution network across major cities in Indonesia throughout 2024.

Vietnam’s VinFast officially starts sales of C-segment electric SUV in Indonesia

Vietnamese car maker VinFast Auto has officially opened sales of the VF e34, a C-segment electric sports utility vehicle (SUV) with a right-hand drive configuration, marking VinFast's first offering in the Indonesian market.

Vietnam’s VinFast signs partnership agreements with 15 dealers in Thailand

Vietnamese car maker VinFast Auto has signed letters of intent (LOI) with 15 initial dealers in Thailand. VinFast said in a statement on Wednesday that this marks an important milestone of VinFast’s distribution network expansion, enhancing the company's presence and affirming its position in the region's leading automotive market.

Vietnam’s VinFast unveils EV lineup in Thailand

Vietnamese automaker VinFast Auto has unveiled an electric vehicle (EV) lineup in Thailand. The firm has introduced a diverse range of green mobility solutions to Southeast Asia's leading auto market, including electric scooters, cars and the electric pickup truck concept - VF Wild.