vehicle

China's Zeekr has expanded its Malaysian dealer network by signing agreements with three new partners, namely Quantum Motors, Wheelcorp Premium, and Ghee Hua Co, bringing its retail presence to 11 outlets.

Thailand has secured more than $4.1 billion in investment pledges across its electric vehicle supply chain, spanning 198 projects covering battery electric vehicles, hybrid systems, battery manufacturing, critical components, and charging infrastructure.

Carro, Asia Pacific's leading online automotive marketplace, has acquired CarPlace, a leading Australian used car platform operated by Autoleague, one of Australia's largest automotive groups, giving Carro a physical presence in three of Australia's four largest markets.

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, recorded its EBITDA jumping 85 percent year-on-year to MYR29 million ($7.3 million) as Southeast Asia's largest used car e-commerce platform accelerated its push toward sustained profitability.

Zeekr Intelligent Technology Malaysia remained Malaysia’s top premium electric vehicle (EV) brand in the first four months 2026, according to vehicle registrations data from Malaysia’s Road Transport Department (JPJ) as of April 2026.

Japan's automotive manufacturer Toyota is set to invest $360 million in building a hybrid vehicle line within its factory in Vietnam, Toyota Vietnam CEO Hirata Osamu said.

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.