Electric Vehicles & Mobility

Carsome, FAM ink two-year partnership to strengthen Malaysian football

The Football Association of Malaysia (FAM) and Malaysian online used car trading platform Carsome have announced a two-year partnership worth nearly MYR 2 million ($451,000), naming Carsome as the official automotive partner and reinforcing their shared commitment to strengthening Malaysian football.

VinFast, Amarta ink deal to develop 22 VinFast stores in Indonesia

Vietnamese electric vehicles maker VinFast has signed a memorandum of understanding (MoU) with Indonesian vehicle distributor PT Aribi Amartapura (Amarta) to accelerate the expansion of its showroom network in Indonesia.

Carsome achieves first full year of profitability with stronger margins and cost disciplines

Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, has recorded $10.5 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year 2024, marking the group’s first full year of profitability since its inception and its sustained profitability since initial achievement in December 2023.

Carro rolls out brand new cars in Singapore

Singapore-based online used car platform Carro has rolled out brand new cars in the country, expanding automotive options for customers complete with in-house financing and after sales services.

BYD unveils battery system that charges an EV in five minutes – report

BYD’s new EV platform will allow cars to reach 100km per hour in two seconds.

GBA TOUR 2025: Discover opportunities in the Greater Bay Area with the BEYOND Expo Innovation Tour

The GBA Tour 2025 is set to take place in several dynamic cities including Macao, Shenzhen, Hong Kong and other cities in the GBA region from May 26-28, 2025.

Thailand approves Sunwoda to invest $1B in EV battery cell plants

Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, has approved an investment by a unit of China’s Sunwoda Electronic worth more than $1 billion in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support…

Mober opens largest commercial EV charging hub in the Philippines

Philippine electric vehicle (EV) logistics firm Mober said Tuesday that it has officially opened Central Charge, the largest commercial EV Charging hub in the country to date.

Khazanah invests in Yinson Green Tech’s chargEV to accelerate development of Malaysia’s EV charging ecosystem

Yinson GreenTech, a Malaysia-based electrification ecosystem, announced Monday that its electric vehicle (EV) charging business, chargEV, had received an investment from the country's sovereign wealth fund Khazanah Nasional Berhad.

Grab partners four autonomous technology companies to assess impact of autonomous vehicles in Southeast Asia

Grab, the Singapore-based superapp, has on Monday announced the signing of new memoranda of understanding (MoUs) with four prominent autonomous technology companies: Autonomous A2Z, Motional, WeRide and Zelos.