Electric Vehicles & Mobility
VinFast’s revenue surges 150 percent year on year to $656.5M in 1Q
VinFast Auto Ltd., the Vietnam-based electric vehicle (EV) manufacturer, said its total revenues jumped 149.9 percent year on year to $656.5 million in the first quarter of 2025.
Danantara, INA, Eramet team up to advance Indonesia’s nickel for EV
The Indonesia Investment Management Agency, Danantara Indonesia, and the Indonesia Investment Authority (INA) have announced the signing of a Memorandum of Understanding (MoU) with French mining company Eramet to explore the establishment of a strategic investment platform in the nickel sector, spanning upstream to downstream operations.
Philippine EV firm Mober expands sustainable logistics operations to Thailand
Mober, a green logistics services firm in the Philippines, announced Tuesday it has expanded its operations to Thailand, marking a significant milestone in the company’s regional growth strategy towards championing greener delivery solutions in Southeast Asia (SEA).
Vietnam’s VinFast collaborates with four Philippine partners for service network expansion
Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official signing of collaboration agreements with four partners in the Philippines: Goodyear Philippines, Tire King and Rubber Products, Power Tread Services, and Marcjan Cavite.
VinFast signs new dealer agreements in France and Germany to expand network in Europe
Vietnamese electric vehicle (EV) maker VinFast announced last Thursday the signing of a dealership agreement with ASTRADA SIMVA, its first official dealer partner in France, and Schachtschneider Automobile GmbH & Co KG, its second dealer in Germany.
V-GREEN partners four firms to deploy over 60,000 VinFast EV charging ports in Indonesia with projected investment of $300M
Vingroup's electric vehicle (EV) charging station developer V-GREEN has announced the signing of memorandum of understanding (MOU) with four strategic partners to deploy approximately 63,000 charging ports in total exclusively for VinFast electric vehicles in Indonesia by the end of 2025, more than double the previously announced target.
Foxtron to develop and supply EV model to Mitsubishi Motors for OEM
Foxtron Vehicle Technologies, a subsidiary of Taiwanese Hon Hai Technology Group (Foxconn), has inked a deal with Japanese automobile manufacturer Mitsubishi Motors Corporation to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an original equipment manufacturer (OEM) model.
VinFast officially launches VF 6 in Indonesia
Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official launch of the VF 6, a mid-size electric vehicle, in Indonesia.
VinFast secures $190M loan for its automobile plant in Indonesia
Vietnamese electric vehicle (EV) maker VinFast, along with the state-owned Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank), have signed a long-term syndicated loan agreement valued at IDR 1.85 trillion ($110 million), along with an additional $80 million accordion facility, to finance the construction of VinFast’s EV assembly plant…
Left then right, then EV: Chinese car maker SOUEAST unveils ambitious global play
SOUEAST has unveiled a strategic three-stage plan for the next few years, beginning with ICE and PHEV in left-hand drive markets, moving to a balanced portfolio for right-hand drive regions, and ultimately prioritizing EVs for the European Union by 2030.
