Electric Vehicles & Mobility
Beyond electrification: How VinFast invests into the future
The EV trend is not only about electrifying a world driven by fossil fuels but also creating a new style, especially among the young generations. VinFast understands this, as demonstrated by their accessible mini-eSUV, and the electric pickup that is envisioned to become a mobile haven designed for adventure.
BYD’s Thai distributor to triple EV dealerships, expand commercial offerings – report
BYD has been outperforming other automakers in Southeast Asia's EV market, bolstered by partnerships with local distributors .
BYD Singapore partners Charge+ to offer discounted electric charging rates
Electric vehicle manufacturer BYD Singapore, and electric charging infrastructure provider Charge+, have forged a strategic partnership which is set to bring exclusive benefits to new BYD retail passenger vehicle owners in Singapore by offering discounted rates for electric charging usage.
VinFast’s 4Q EVs delivery rises 35 percent quarter on quarter to 13,513 units
Vietnamese automaker VinFast Auto Ltd. (VinFast) announced Thursday that it has delivered 13,513 units of electric vehicles (EVs) in the fourth quarter of 2023, up 35 percent quarter on quarter.
India’s Alt Mobility raises $6M in funding co-led by Shell Ventures, Eurazeo, EV2 and Twynam
Alt Mobility, an India-based technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6 million in funding. The funding is co-led by Shell Ventures, Eurazeo, EV2 Ventures and Twynam.
Warren Buffet-backed China’s EV giant BYD debuts in Indonesia – report
BYD is also accelerating its overseas footprint by setting up production facilities in Brazil and Thailand (with an annual production capacity of 150,000 units each) and expanding its sales network in Europe, according to DBS Group Research.
A closer look at Warren Buffett-backed Chinese EV giant BYD’s plan in Malaysia
Besides BYD, several Chinese car makers such as Great Wall Motor, SAIC Motor and Geely have been expanding their footprint in Southeast Asia.
Careplus, GoAuto JV to commence $130M green technology facility in Malaysia
NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Malaysia-based glove maker Careplus Group Berhad and the automotive solutions provider GoAuto Group Sdn Bhd, will start the construction of a MYR 600 million ($129.17 million) green technology facility dedicated to manufacture and assembly of new energy vehicles, including electric vehicles…
Malaysia’s Warisan TC inks deal with China’s GAC AION to distribute EV in Malaysia
Malaysian passenger car rental firm Warisan TC Holdings Berhad (WTCH) has inked a deal with Chinese electric vehicles (EVs) manufacturer GAC AION New Energy Automobile Company Limited (GAC AION) to distribute EVs in Malaysia.
Vietnam’s VinFast launches electric bike in the United States
Vietnamese carmaker VinFast Auto has officially announcedthe rollout of the DrgnFly electric bike in the United States. The VinFast Drgnfly launches in the US market with prices expected to begin at $2,800.
