Electric Vehicles & Mobility

Singapore-based super app Grab's revenue in 2025 grew 20 percent year on year, reaching a record $3.37 billion as the firm continued to grow to expand its user base, improve frequency and engagement in the platform, and optimize incentive levels.

VinFast, the electric vehicle (EV) manufacturer under Vietnam's top conglomerate Vingroup, reported a revenue of $3.6 billion and delivery of 196,919 vehicles in 2025, according to its preliminary and unaudited financial results released on Tuesday.

The family of Pham Nhat Vuong, Vietnam's richest billionaire per Forbes estimation and chairman of conglomerate Vingroup, has founded GSM VN Holding with a charter capital of VND43,313 billion ($1.7 billion).

Vietnam's electric motorbike startup Dat Bike has secured a $4 million investment from local securities firm Thien Viet Securities JSC, the former announced Monday.

South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.

VinFast, the electric vehicle manufacturer under Vietnam's top conglomerate Vingroup, has signed memoranda of understanding (MOUs) with six electric scooter dealers in Indonesia as it prepares to launch its electric scooter lineup in the country in the second quarter of 2026, expanding its distribution network in one of the world’s largest two-wheeler…

GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam's top conglomerate Vingroup, has announced that Pham Thu Huong, the spouse of Vuong, as the new chairwoman.

CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate Vingroup, has unveiled two new ultra-luxury electric models, as part of a broader restructuring of its automotive portfolio.

Green SM, the ride-hailing service arm of Vietnamese conglomerate Vingroup, has launched its operations in Bali through a strategic partnership with Taksi Komotra.