Electric Vehicles & Mobility

Smart mobility provider, ACO Tech, has formalized a Memorandum of Collaboration (MoC) with Geno and the Malaysia Automotive, Robotics & IoT Institute (MARii) to explore the use of blockchain solutions for Malaysia’s electric vehicle (EV) infrastructure.

Vietnamese carmaker VinFast Auto has officially signed the letter of intent with five dealers in Indonesia. The signing marks an important step in expanding VinFast’s distribution network in the Indonesian market and strengthening its brand recognition and competitiveness globally.

Vietnamese car maker VinFast Auto has on Thursday debuted the company’s first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024.

Mober, a Philippine electric vehicle (EV) delivery company, has on Wednesday announced a $2 million seed funding round led by RT Heptagon Holdings (RTHH) under the leadership of Chairman and President Rex Tiri.

The electric vehicle (EV) market is on track for a watershed year in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty, Rystad Energy said Wednesday. Rystad Energy research forecasts 17.5 million EV sales this year, an 18.5 percent annual increase.

Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm has on Wednesday announced it was partnering with Latin American energy company Copec, to launch its battery swapping and Smartscooters in Chile and Colombia in the second quarter of 2024.

VinFast will lead the way for Vingroup's investments in the Philippines in 2024, commencing with the establishment of a network of electric car and motorcycle dealerships.

Motorist, a Singapore-based automotive technology solutions provider, has announced Tokyo Century Leasing (Singapore) as a strategic lead investor in its Series A funding round. Its existing investors through an AngelCentral Syndicate, have also followed on in this round.

Charge+, a Singapore-based electric vehicle (EV) charging operator, has expanded its operations in Thailand with the launch of a new direct current (DC) fast charging station in Bangkok. This new 120kW “Turbo” charging station is located at Sathon KFC drive-through in the heart of Bangkok’s Central Business District (CBD).

Ni Hsin EV Mobility Sdn. Bhd. (NHEVM), a wholly-owned subsidiary of Ni Hsin EV Tech Sdn. Bhd. which in turn, a wholly owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has signed a master dealer agreement (MDA) with MYUS Autotech Sdn Bhd (MYUS), to promote and market EBIXON motorcycle in Perlis and Langkawi of Malaysia.