Electric Vehicles & Mobility
SLEEK EV secures first closing of $8.5M in Series A funding led by KYMCO Capital
SLEEK EV, a Singapore-based and Thailand-operated electric motorcycle maker, has announced an $8.5 million first close in its Series A funding round.
VinFast officially enters Indonesia’s e-scooter market with strategic dealers
Vietnamese electric vehicles (EVs) maker VinFast has on Monday officially announced its entry into Indonesia’s e-scooter market through the signing of a memorandum of understanding (MoU) with strategic dealers in the country.
VinFast eyes the Philippines, Indonesia, India, Thailand, and Malaysia as key markets for electric scooters
Vietnamese electric vehicles (EVs) firm VinFast has unveiled its international business strategy for electric scooters, identifying five initial key markets: the Philippines, Indonesia, India, Thailand, and Malaysia.
Vinfast inks deal to develop transportation infrastructure in Indonesia
VinFast Indonesia has announced a strategic cooperation agreement with the Subang Regency Government and a key infrastructure partner to develop an interchange on the vital toll road connecting Cikampek and Palimanan (Cipali Toll Road).
Apex Securities foresees slower EV demand growth in Malaysia this year
Apex Securities has foreseen slower electric vehicle (EV) demand growth in Malaysia this year amid policy changes.
VinFast partners Autobrains for autonomous driving technology and robo car
Vietnam-based electric vehicles (EVs) maker VinFast and Israel-based automotive artificial intelligence (AI) firm Autobrains announced Tuesday a strategic partnership on developing autonomous driving technology L2++ and a new autonomous vehicle architecture capable of transforming virtually any car into a self-driving “robo-car”.
Analysts foresee gradual transition to battery electric vehicles in Malaysia
Kenanga Research has expected gradual transition to battery electric vehicles (BEVs) which currently enjoys tax exemption up until 2027 for locally-assembled completely knocked-down (CKDs) in Malaysia.
VinFast delivers 175,099 EVs in Vietnam in 2025
Vietnamese electric vehicles (EVs) maker VinFast has officially set an unprecedented sales record in the Vietnamese automotive market, delivering a total of 175,099 EVs to customers nationwide in 2025.
Singapore’s OMOWAY raises eight-figure USD funding led by HongShan and Rocket Capital
OMOWAY, a Singapore-based two-wheeled smart mobility firm, has successfully closed consecutive Pre-A and Pre-A+ funding rounds, raising tens of millions of US dollars.
Hyundai-backed Sylvan Group partners SK Innovation to invest $300M to scale hydrogen mobility business in South Korea
The Sylvan Group, a Singapore-based private equity firm backed by members of South Korea’s Hyundai family, is partnering SK Innovation, the energy arm of the SK Group, to invest about $300 million to scale a hydrogen mobility business in South Korea, including rolling out refueling hubs for buses.
