Electric Vehicles & Mobility

Malaysian national carmaker Proton Holdings Bhd has opened its research and development (R&D) center at Hangzhou Bay in China last Saturday to strengthen its collaborative efforts with its existing partner Zhejiang Geely Holding Ltd (Geely) in a move to complement its existing facilities in Malaysia.

Chery aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehicles to Asean countries, Australia and the Middle East, the report added.

Vietnamese carmaker VinFast Auto has on Tuesday announced it has officially signed agreements with 12 new dealers in the United States (US).

Gojek Singapore and ComfortDelGro Taxi, Singapore’s largest taxi operator, have on Tuesday announced the official launch of their cross-dispatch model partnership.

SWAT Mobility, a Singapore-based provider of artificial intelligence (AI)-powered vehicle routing solutions, has secured a total funding of $7.2 million in the latest round. SWAT Mobility said in a statement on Tuesday that this investment will fuel its expansion efforts across Asia, further solidifying its position in the region's mobility sector.

Malaysia-based carmaker Naza Automotive Holdings Sdn Bhd (NAZA Auto) will enter electric vehicle (EV) segment via collaboration with Gentari Green Mobility Sdn Bhd (Gentari), the wholly-owned subsidiary of Gentari Sdn Bhd, a clean energy solutions company.

Singaporean lender DBS and land transport firm ComfortDelGro Corporation (ComfortDelGro) have on Monday announced an SGD 100 million ($73 million) facility to decarbonize the global operator’s United Kingdom bus fleet.

VinFast Auto has announced the signing of a cooperation agreement with Mobivia, one of Europe's leading automotive repair and maintenance brands, expanding access to a comprehensive aftersales service network for VinFast customers in France and Germany.

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 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.