Electric Vehicles & Mobility

Singapore’s Carro to give away a brand-new Hyundai IONIQ 5 EV

Singapore-based used car marketplace Carro is giving away a brand-new, made-in-Singapore Hyundai IONIQ 5 electric vehicle.

GSM invests in Be Group to expand electric car services in Vietnam

Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, and Be Group, a Vietnamese technology company, have signed an investment and cooperation agreement to deploy electric cars and motorbikes in transportation services in Vietnam for the first time.

black metal train rail during daytime

Saving the planet one ride at a time: The rise of green energy transportation

The rise of green energy transportation is an encouraging step in our transition toward a more sustainable future. Companies and governments around the world taking proactive measures to reduce their carbon footprint and invest in renewable sources. These initiatives reduce emissions while safeguarding our planet for future generations.

Singapore’s Green Li-ion secures $20.5M in Pre-Series B funding led by TRIREC

Green Li-ion, a Singapore-founded lithium-ion battery recycling technology company, announced Monday that it has raised $20.5 million in pre- series B funding led by Singapore-based decarbonization venture capital firm TRIREC.

Indonesia to provide incentives to boost EV sales, attract investment – report

Indonesia is always keen to develop domestic EV production facilities to take advantage of its rich nickel reserves, an important material to produce EV batteries.

EV sales collapse as subsidies and tax credits come to an abrupt halt, says Rystad Energy

The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3 percent year-on-year increase over January 2022.

VinFast officially delivers first electric vehicles to United States customers

Vietnamese car maker VinFast said Wednesday it has delivered the first 45 VF 8 City Edition all-electric sport utility vehicles (SUVs) to United States customers at its nine stores across California.

Malaysia government approves Tesla’s application to import BEVs into the country

The Ministry of International Trade & Industry (MITI) in Malaysia announced Tuesday it has approved TESLA’s application to import Battery Electric Vehicles (BEV) into Malaysia.

Malaysia government in talks with Proton, Perodua to expedite production of national EVs – report

Fitch Solutions has anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption. The research house said in a recent report that according to its projections, sales of passenger EVs will rise by 82 percent in 2023, reaching a volume of…

Fitch Solutions sees Malaysia’s EV sales to reach 1 percent of total vehicle sales by 2024

Fitch Solutions has on Monday anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption.