Electric Vehicles & Mobility
Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency
Electric car sales are generally low outside the major markets, but 2022 was a growth year in India, Thailand and Indonesia. Collectively, sales of electric cars in these countries more than tripled compared to 2021, reaching 80,000.
Japan’s Luup raises $33.55M new funding led by Spiral Capital
Japanese micromobility company Luup, Inc. has raised a total of approximately 4.5 billion yen ($33.55 million), bringing its total capital raised to date to approximately 9.1 billion yen ($67.85 million).
Thailand’s Banpu NEXT invests in Singaporean battery-as-a-service provider Oyika
Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap solutions and battery-as-a-service (BaaS).
Vietnam’s Selex Motors raises $3M from ADB Ventures, Schneider Electric Energy Access Asia and others
Vietnam-based Selex Smart Electric Vehicles JSC (Selex Motors) is currently in a $3 million convertible note investment round with ADB Ventures - Asian Development Banks's venture arm, Schneider Electric Energy Access Asia, Touchstone Partners, and Sopoong Ventures.
Gogoro partners Enel X to deploy 2,500 battery swapping stations in Taiwan
Taiwan-based battery swapping system provider Gogoro Inc. has partnered Italy-based energy services firm Enel X to deploy 2,500 Gogoro battery swapping stations across 1,000 locations in Enel X's Virtual Power Plant (VPP) to support Taiwan's renewable energy transition.
City Energy partners Gentari for hydrogen import and cross-border EV charging networks
Singapore's gas utility provider City Energy and Petroliam Nasional Bhd (Petronas)'s clean energy solutions provider Gentari Sdn Bhd (Gentari), have signed two memoranda of understanding (MOU) to jointly conduct feasibility studies of a hydrogen supply chain between the two countries, and create electric vehicle (EV) charging network.
GSM officially launches Vietnam’s first pure electric taxi firm
Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has officially began operating the first pure electric taxi service in Vietnam - Green SM Taxi.
Lotus Cars aims to re-establish brand in Malaysia – report
All-new fully electric Lotus Eletre was aunched on Thursday (Apr 13) in the Malaysian market and for the first time in Asia.
VinES and Li-Cycle seal strategic, long-term battery recycling agreement
VinES Energy Solutions (VinES), Vingroup's mobility and energy storage applications advanced batteries subsidiary, and Li-Cycle Holdings Corp. (Li-Cycle), a lithium-ion battery recycler in North America, have on Wednesday announced that they have signed a definitive agreement for a long-term recycling relationship.
Citaglobal partners Genetec Technology to launch battery energy storage system for renewable energy in Malaysia
Citaglobal Genetec BESS Sdn Bhd (Citaglobal Genetec BESS), a special vehicle formed by Citaglobal Bhd and Genetec Technology Bhd, have launched Malaysia’s first locally developed and produced battery energy storage system (BESS).
