Electric Vehicles & Mobility

Carro, the Singapore-based online used car platform, has signed a Memorandum of Understanding with fintech platform SY Holdings, entering a strategic partnership that will support Carro’s expansion plans through tech-enabled financing solutions.

Malaysia's automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September.

Estonian multinational mobility company Bolt has officially launched Bolt Business in Malaysia, offering a smarter, more efficient way for companies of all sizes to manage employee travel.

WeRide, a China-based autonomous driving technology firm, announced last Friday that Grab, Southeast Asia’s leading superapp, has committed to a strategic equity investment in WeRide.

VinFast, the electric vehicle (EV) manufacturer from Vietnam, announced Wednesday a strategic partnership with Plugsurfing, one of Europe’s leading EV charging service providers.

The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad announced last Thursday a ground-breaking partnership to accelerate high-value investments in Malaysia.

Malaysian clean energy solutions provider Gentari and Amazon Web Services (AWS) have signed a power purchase agreement (PPA) for an 80MW wind power project in Tamil Nadu, India.

Vietnam-based automaker VinFast has on Monday officially inaugurated its electric vehicle (EV) assembly plant at the SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, India.

VinFast, the Vietnam-based electric vehicle (EV) car maker, is eyeing to launch 35 dealerships by year-end across more than 27 cities in India as part of its ambitious roadmap.

Grab is well-positioned to benefit from autonomous vehicle (AV) adoption in Singapore, Maybank Investment Bank said in its recent note.