Electric Vehicles & Mobility
China’s CATL in talks to raise $1.5B supply chain fund – report
A key supplier to Tesla, CATL maintains a clear lead in the global battery market with a 37.5 percent share.
Vinfast invests $1.2B to build local assembly plant in Indonesia
Vietnam’s electric vehicle (EV) manufacturer VinFast has officially entered Indonesia earlier this year, setting up a new dealership in the Jakarta suburb of Depok and announcing it will soon invest $1.2 billion to build a local assembly plant with a capacity of 50,000 cars per year.
PT Energi Selalu Baru secures strategic investments from LX Ventures, SAIC Capital in pre-series A fundraising round
PT Energi Selalu Baru (ESB), a electric vehicle (EV) subsidiary of PT NFC Indonesia Tbk (NFCX), MCASH Group, has garnered substantial investments from LX Ventures and SAIC Capital during its pre-Series A funding round.
Hubject partners Gentari to streamline EV charging across Southeast Asia
Hubject, the Germany-based electric vehicle (EV) firm, has partnered Gentari Green Mobility Sdn Bhd, the wholly-owned subsidiary of clean energy solutions provider Gentari Sdn Bhd (Gentari), to streamline electric vehicle (EV) charging across Southeast Asia.
China’s BYD opens EV factory in Thailand, first in Southeast Asia – report
In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.
South Korea’s Hyundai & LG Energy open Indonesia’s first battery cell plant – report
Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia.
Great Wall Motor readies car plants in Malaysia and beyond – report
Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time when competition remains intense at home and the US and Europe are imposing punitive tariffs on China-made EV imports.
Gentari partners Virta to grow EV charging market in Southeast Asia
Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), a subsidiary of Malaysia’s Petronas Group, is collaborating with Finland-based electric vehicle (EV) charging business solution provider Virta through its subsidiary Gentari Green Mobility to expand the EV charging network across Southeast Asia.
Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam
Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging Network in Vietnam that connects Vietnam’s two largest cities Hanoi and Ho Chi Minh City.
Gentari partners Zurich Malaysia to drive green mobility and renewable energy adoption
Malaysian clean energy solutions provider Gentari Sdn Bhd has teamed up with insurance and takaful operator Zurich Malaysia to drive green mobility and renewable energy adoption in Malaysia.
