Electric Vehicles & Mobility

Carsome Group Inc, Southeast Asia’s largest integrated car ecommerce platform, has announced another quarter of profitability, reporting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $6.4 million for the third quarter of 2025.

Vingroup has announced the signing of a memorandum of understanding (MoU) with the government of Telangana for a proposed investment of $3 billion, to be implemented in a phased manner for developing a multi-sector ecosystem in the state.

One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.

Vietnam-based electric vehicle (EV) maker VinFast will invest $500 million to expand its manufacturing facility in India, targeting electric bus and electric two wheeler production.

Xanh SM Laos has signed a strategic cooperation agreement with the Vietnam Business Association in Laos (AVILA) to meet the growing demand for safe, transparent, and environmentally friendly transportation services among the business community in Laos.

Kargo Technologies, an Indonesia-based logistics technology company, has introduced a new visual identity and launched an electric vehicle (EV)-based logistics partnership program, aiming to deploy Southeast Asia’s largest EV fleet.

The Private Infrastructure Development Group (PIDG) is investing $2.5 million in LOCA, Laos’ largest ride-hailing service provider.

V-Green, a Vietnam-based electric vehicle charging infrastructure developer, has signed a memorandum of understanding with Telkom Property, a subsidiary of the multinational digital telecommunications company Telkom Indonesia, to accelerate green infrastructure development.

Malaysia-based Perodua has on Monday launched its first battery electric vehicle (EV) named QV-E as part of the national car company’s agenda to develop a sustainable EV ecosystem.

VinFast Indonesia has officially signed strategic memorandum of understanding (MOUs) with Goodyear Indonesia, Dunlop, Denso Sales Indonesia, CARfix, and Scuto Paint.