Electric Vehicles & Mobility
Analyst foresees EV price competition in Malaysia amid policy changes
Malaysia’s electric vehicle (EV) market is approaching a key policy turning point, with the government expected to end completely built-up (CBU) import tax exemptions and the approved permit (AP) regime by year-end, an analyst said in its recent report.
V-Green, GSM Philippines ink partnership with MERALCO to promote EV infrastructure development in the Philippines
V-Green Global Charging Station Development Corporation (V-Green) and Green and Smart Mobility Joint Stock Company (Green GSM Philippines) have announced the signing of a memorandum of understanding (MOU) with Manila Electric Company (MERALCO) – the largest power distribution company in the Philippines, to promote electric vehicle (EV) infrastructure…
VinFast Indonesia to expand dealership network to 85 showrooms nationwide
VinFast, the Vietnamese Nasdaq-listed electric vehicle (EV) manufacturer, has officially signed agreements with 20 new dealership partners which will bring VinFast closer to its goal of operating 100 dealership showrooms this year.
City Energy launches app-free EV charging across Singapore and Malaysia
City Energy’s electric vehicle (EV) charging arm, Go by City Energy, has on last Thursday introduced Singapore’s first app-free EV charging experience, making green mobility more accessible across Singapore and Malaysia.
WeRide launches Southeast Asia’s first fully driverless Robobus operations in Singapore
WeRide, a global autonomous driving technology firm, announced Thursday the launch of fully driverless Robobus operations at Resorts World Sentosa, Singapore (RWS) — the first autonomous vehicle (AV) in Southeast Asia to operate without a safety officer on board.
HSBC Malaysia provides first $15M asset backed lending to boost Carsome’s growth
HSBC Malaysia said Wednesday that it has recently provided its first asset based lending (ABL) facility of $15 million, to Carsome Certified Sdn Bhd to finance the purchase of refurbished vehicles that would be sold to retail customers.
VinFast advances ecosystem strategy in Philippines’ EV catch-up
With nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia’s electric vehicle (EV) race as ecosystem players like VinFast work to overcome hurdles around charging access, maintenance, and affordability.
VinFast partners 13 dealer groups to launch 32 dealerships across 27 cities in India
As part of its strategic plan to expand its footprint in India, VinFast Auto India — a subsidiary of Vietnam-based electric vehicle (EV) firm VinFast — has signed dealer partner agreements with 13 leading dealer groups for 32 dealerships across 27 cities nationwide.
Meta Bright inks deal with ChargeHere to accelerate energy business development in Malaysia
Malaysia-listed diversified energy conglomerate Meta Bright Group Berhad announced that its 100 percent-owned subsidiary Meta Bright Energy Sdn Bhd (MBE) has formalized a strategic joint venture with ChargeHere EV Solution Sdn. Bhd., an electric vehicle (EV) charging point operator, to accelerate energy business development in Malaysia.
VinFast India partners BATX Energies for high voltage battery recycling and repurposing
VinFast Auto India, the subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has entered into a strategic agreement with BatX Energies, an Indian clean-tech company, for high voltage battery recycling and repurposing.
