Electric Vehicles & Mobility
Malaysia’s Carsome delivers $23M EBITDA in FY2025, 16% gross profit growth
CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.
Vietnam’s VinFast unveils new ultra-luxury electric vehicle
VinFast, the electric vehicle manufacturer under Vietnam's conglomerate Vingroup, has unveiled two new ultra-luxury electric models, as part of a broader restructuring of its automotive portfolio.
Green SM launches all-electric taxi service in Bali with Taksi Komotra
Green SM, the ride-hailing service arm of Vietnamese conglomerate Vingroup, has launched its operations in Bali through a strategic partnership with Taksi Komotra.
Vinfast Middle East inks deal with PlusX Electric to strengthen EV ownership experience in the UAE
Vietnam-based electric vehicles (EVs) maker VinFast announced Monday the signing of a memorandum of understanding (MoU) with PlusX Electric, a DEWA-approved EV charging and electric mobility solutions provider in the United Arab Emirates (UAE).
VinFast partners Exposure SARL to promote green transportation in the Democratic Republic of Congo
Vietnam-based electric vehicles (EVs) maker VinFast and Congo-based green transportation firm Exposure SARL have announced the signing of a memorandum of understanding regarding the potential supply of electric vehicles for green taxi services in Kinshasa, Democratic Republic of the Congo.
SLEEK EV secures first closing of $8.5M in Series A funding led by KYMCO Capital
SLEEK EV, a Singapore-based and Thailand-operated electric motorcycle maker, has announced an $8.5 million first close in its Series A funding round.
VinFast officially enters Indonesia’s e-scooter market with strategic dealers
Vietnamese electric vehicles (EVs) maker VinFast has on Monday officially announced its entry into Indonesia’s e-scooter market through the signing of a memorandum of understanding (MoU) with strategic dealers in the country.
VinFast eyes the Philippines, Indonesia, India, Thailand, and Malaysia as key markets for electric scooters
Vietnamese electric vehicles (EVs) firm VinFast has unveiled its international business strategy for electric scooters, identifying five initial key markets: the Philippines, Indonesia, India, Thailand, and Malaysia.
Vinfast inks deal to develop transportation infrastructure in Indonesia
VinFast Indonesia has announced a strategic cooperation agreement with the Subang Regency Government and a key infrastructure partner to develop an interchange on the vital toll road connecting Cikampek and Palimanan (Cipali Toll Road).
Apex Securities foresees slower EV demand growth in Malaysia this year
Apex Securities has foreseen slower electric vehicle (EV) demand growth in Malaysia this year amid policy changes.
