Electric Vehicles & Mobility
Tesla to discuss factory plan for new $24,000 car with India commerce minister – report
The meeting with the commerce minister would be the highest level discussions between Tesla and the India government since June when Tesla founder Elon Musk met India's Prime Minister Narendra Modi and said he intended to make a significant investment in the country, according to Reuters.
Tesla’s entry into Malaysia could lead to structural change in local automotive industry but lack of charging hubs remains a challenge
Electric vehicle maker Tesla’s entry into Malaysia not only impacts the EV space but also encroaches into the traditional internal combustion engine (ICE) vehicle market. Having enough charging points is still the first step for the adoption of EV in Malaysia.
Ni Hsin partners Australia’s Vmoto for EV motorcycles assembly and distribution in Malaysia
Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia-listed Ni Hsin Group Berhad (Ni Hsin), has partnered with VMOTO LIMITED (VMOTO), an Australia-listed listed electric motorcycles company, to assemble and distribute VMOTO electric vehicle (EV) motorcycles models in Malaysia.
Malaysia’s Sime Darby Motors partners UK’s AstraZeneca to accelerate electric vehicle adoption
Malaysia’s automotive player Sime Darby Motors (SDM) Malaysia and United Kingdom-based biopharmaceutical company AstraZeneca have recently partnered to accelerate the adoption of electric vehicles (EVs) under Sime Darby Motors for AstraZeneca’s employees.
Vietnam’s VinFast to build electric vehicle factory in North Carolina next week
Vietnamese automaker VinFast has announced that it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. The factory is expected to start production in 2025.
Indonesia‘s MAKA Motors raises $37.6M in seed funding round co-led by AC Ventures, SV Investment, East Ventures
Indonesia-based electric vehicle (EV) startup MAKA Motors announced Thursday the successful completion of its seed funding round, raising $37.6 million. The funding round was co-led by AC Ventures, South Korean investor SV Investment, and East Ventures.
Tesla to invest in Malaysia, boosting the country’s sustainable mobility
Tesla Sdn. Bhd. (Tesla), an American multinational electric automotive manufacturer, has on Thursday announced its strategic expansion into the Malaysian market. The expansion plans including vehicle importation, setting up supercharger network, head office, service center and experience center.
Tesla starts accepting orders in Malaysia
As part of Malaysia's commitment to promoting the adoption of low-carbon mobility and supporting the development of the electric vehicle (EV) industry, customers can enjoy full import and excise duties exemption for newly registered zero-emission Tesla electric vehicles.
Malaysia’s Ni Hsin partners UNIVERSITI TEKNIKAL MARA to promote EV motorcycles
Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia main market-listed Ni Hsin Group Berhad, has signed a letter of intent (LOI) with UNIVERSITI TEKNIKAL MARA SDN. BHD. (UnIKL), to promote the innovative electric motorcycles known as EBIXON EV Motorcycles.
