Electric Vehicles & Mobility
ADB, Ayala sign $100M financing deal to support electric mobility in the Philippines
The Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Philippine conglomerate Ayala Corporation’s contributions to the development of an electric mobility ecosystem in the Philippines.
Nestlé Philippines inks partnership with Mober to integrate EV in mid & last-mile delivery
As part of the partnership, Mober will provide electric trucks (e-trucks) to service Nestlé Philippines’ logistics needs across Metro Manila.
Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth
IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.
Malaysia’s Vynn Capital to accelerate deployment in 2025
We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…
Malaysia’s Perodua and UTM team up to develop next generation EV
Malaysia's national automaker Perodua and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to develop the country’s next generation of electric vehicles (xEV).
Vietnam’s VinFast officially enters the Indian market
India is also the first market where VinFast has developed a right-hand drive version of the VF 6 and VF 7. These two models are expected to meet the electrification needs of consumers and set a new benchmark in the green transportation industry in India.
NexV Manufacturing, Global NEV Technology explore strategic collaborations in assembly and manufacturing of NEVs in Malaysia
Malaysian electric vehicle (EV) firm NexV Manufacturing Sdn. Bhd. (NMSB) and Chinese-held EV firm Global NEV Technology Sdn. Bhd. (GNEV) have inked a Memorandum of Understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of New Energy Vehicles (NEVs) in Malaysia.
Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry
With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region.
Grab, BYD team up to expand electric vehicle fleet offering across Southeast Asia
Singapore-based superapp Grab and China-based automaker BYD have on Wednesday announced a regional partnership to expand access to up to 50,000 BYD electric vehicles (EVs) to Grab’s driver-partners across Southeast Asia, while increasing the availability of green vehicles to Grab users.
JLR partners Tata Communications to deliver smarter, data-driven connected cars
British multinational automobile manufacturer JLR and Indian digital ecosystem enabler Tata Communications have teamed up to deliver smarter, data-driven connected cars.
