Electric Vehicles & Mobility
GetGo, SBS Transit team up to advance sustainable mobility in Singapore
GetGo, Singapore’s car-sharing platform, and SBSTransit, a bus and rail operator in Singapore, have announced a new partnership to promote seamless and sustainable mobility solutions for a car-lite Singapore. Both companies have committed to jointly promote car-sharing for better first- and last-mile connectivity to or from SBS Transit’s islandwide rail and…
Vietnam’s VinFast officially breaks ground on integrated EV facility in India
VinFast, a Vietnam-based electric vehicle manufacturer, has officially broke ground on its first integrated electric vehicle (EV) manufacturing facility in the state of Tamil Nadu, India. The electric vehicle facility boasts a total initial investment of $500 million over five years, with a projected capacity of 150,000 vehicles annually.
Malaysia’s TNB aims to electrify 30 percent of its operational fleet by 2030
Tenaga Nasional Berhad (TNB), a Malaysia-based energy company, is pioneering a bold step towards a sustainable future by committing to electrify 30 percent of its operational fleet by 2030 as part of an extensive carbon reduction strategy.
Malaysia’s Gentari launches clean energy platform ‘Gentari Go’ in Asia Pacific
Malaysian clean energy solutions provider Gentari Sdn Bhd, through its subsidiary Gentari Green Mobility Sdn Bhd (Gentari), has launched Gentari Go, a customer experience platform offering an integrated sustainable lifestyle by unifying Gentari’s clean energy ecosystem.
Indian shared electric mobility firm Yulu raises $19.25M in equity funding from Magna & Bajaj Auto
Yulu, India’s largest shared electric two-wheelermobility company, has on Friday announced the successful equity infusion of $19.25 million in its business. The funds have been raised via further issuance of shares to Yulu’s existing strategic investors Magna and Bajaj Auto Ltd.
Vietnam’s VinFast to build $500M integrated EV manufacturing site in India
Vietnamese automaker VinFast Auto announced Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on Sunday (February 25), with a commitment of $500 million for the first phase.
Philippine government, Grab working to legalize motor taxis – report
GrabCar operates in 25 cities while GrabFood provides services to more than 100 cities nationwide, according to the report.
Indonesia issues more tax incentives for EV sales – report
The Indonesian government aims for 600,000 EVs to be domestically produced by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.
Malaysia’s national car Proton hints about launching new energy vehicles soon – report
Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private ownership under DRB Hicom. In May 2017, Zhejiang Geely Holding Group and DRB-Hicom signed a deal that will see Zhejiang Geely Holding Group buy a 49.9 percent stake in Proton Cars.
