Electric Vehicles & Mobility
Malaysia’s Proton forms partnerships with E-bidding firms myTukar, MUV and Carsome
Malaysian national carmaker Proton has formalized strategic partnerships with three E-Bidding Companies (EBC), namely myTukar, MUV and Carsome, to refine the disposal process of trade-in cars for customers.
New report by AC Ventures, AEML reveals promising outlook for electric vehicles in Indonesia
New Report by Indonesia's early-stage venture capital firm AC Ventures and and the Electric Mobility Ecosystem Association (AEML) has revealed a promising outlook for electric vehicles (EV) in Indonesia.
Singapore’s NEU Battery Materials concludes oversubscribed $3.7M seed funding round
NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised a total of $3.7 million in an oversubscribed seed funding round led by SGInnovate, a Singapore government-backed deep tech investor and ecosystem builder.
Vietnam’s VinFast expands European network with opening of Berlin store
Vietnamese electric vehicle (EV) manufacturer, VinFast, has opened the doors to its new showroom in Berlin. The new store is the third in Germany and continues the expansion of the marque’s network across Europe.
ADB approves $1B loan to support low-carbon public transport in the Philippines
The Asian Development Bank (ADB) has on Thursday approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.
Taiwan’s Gogoro to deploy $1.5 billion smart battery infrastructure in India’s State of Maharashtra
Taiwanese battery-swapping refueling platform provider Gogoro will manufacture and deploy smart battery infrastructure in India's State of Maharashtra that would exceed $1.5 billion over eight years.
Dat Bike, HSBC enter strategic partnership to back Vietnamese EV firms
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Dat Bike Vietnam Ltd. (Dat Bike) have signed a strategic agreement which allows the Vietnam’s international bank to help the electronic motorbike manufacturer digitalize their financial operation, and set up their initial footprint in the overseas financial market, opening up more opportunities to access foreign…
Iskandar Investment collaborates with seven EV players to promote EV use in Malaysia
In keeping up with global efforts towards sustainable development and reducing carbon emissions, Iskandar Investment Berhad (IIB) has on Monday announced a document exchange ceremony with seven partners in the sustainable electric vehicle (EV) industry, to promote use of EVs and renewable energy solutions in Iskandar Puteri, Malaysia.
Malaysia’s iMotorbike raises $2.6M in Series A round led by Gobi Partners and Ondine Capital
IMotorbike, a Malaysia-based e-commerce platform for preowned motorcycles, has announced that it has raised MYR12 million ($2.6 million) in its Series A funding round led by Gobi Partners and Ondine Capital.
OCBC Bank ties up with five electric vehicle-related companies to provide affordable payment options in Malaysia
In a move to strengthen its environmental, social and governance (ESG)-related offerings to retail customers, OCBC Bank (Malaysia) Berhad (OCBC Bank) is tying up with five electric vehicle (EV)-related companies to provide EV owners with affordable options for their green journey.
