EV

Italy’s export-credit agency guarantees $200M loan for Vietnam’s EV maker VinFast

Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.

Tesla establishes $3M automobile subsidiary in Vietnam

American automobile giant Tesla has established its Vietnamese subsidiary, Tesla Motors Vietnam LLC, according to a filing with the ministry-run National Business Registration Portal.

Zeekr Malaysia, SkyPark to utilize luxury EV for VIP airport transfers in Subang

Zeekr Malaysia, the local arm of China's Zeekr, and SkyPark FBO Malaysia will use the Zeekr 009 luxury electric van for airside passenger transfers at a business-aviation center in Subang, near Kuala Lumpur.

Vietnam’s EV maker VinFast, Indonesia’s Gowa Motor to form joint venture for 30 EV showrooms

Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.

Zeekr extends RM1.20/kWh fast-charging rate to all DC Handal stations in Malaysia

Zeekr, the premium electric-vehicle brand of China's Geely Holding Group, said its Malaysian unit has extended a discounted direct-current fast-charging rate of MYR1.20 ($0.29) per kilowatt-hour to all DC Handal charging stations nationwide, having previously offered it only at selected locations.

Inchcape Plus launches China’s BYD T35 electric light truck in Singapore, first in Southeast Asia

Inchcape Plus, Singapore's BYD commercial truck dealer, has launched the BYD T35 electric light truck in Singapore, making it the first market in Southeast Asia to introduce the vehicle following its global debut at the Japan Mobility Show 2025.

Honda’s EV losses to approach $12.5B across fiscal years 2026-2027

Japan's Honda Motor is set to book ¥1.97 trillion ($12.5 billion) in EV-strategy losses across fiscal years 2026 and 2027, equal to roughly three years of operating profit and more than a full year of total R&D spending.

Foxconn adds $62M to unit in Vietnam, to build EV charging stations

Taiwan's Foxconn has injected an additional $62 million into its subsidiary in Quang Ninh province, northern Vietnam and added a new business activity of manufacturing electric vehicle (EV) charging stations.

China’s Zeekr hits 5,000 vehicle deliveries in Malaysia, launches charging network, extended warranty

Zeekr Intelligent Technology Malaysia, under China's electric vehicle (EV) brand Zeekr, has reached 5,000 cumulative vehicle deliveries in Malaysia in less than two years since launch, the firm said in a statement on Tuesday.

China’s BYD, Australia’s Smart to jointly integrate novated leasing into EV purchase process

China's electric vehicle (EV) manufacturer BYD and Australia's salary packaging and novated leasing provider Smart will jointly offer BYD and DENZA electric vehicles available through novated leases to more than 2.5 million Australians employed by Smart's clients.