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2025-09-04 08:45:11 -

Malaysia’s Advanced Accumulators launches the region’s first Battery Subscription Program
Malaysia’s battery and automotive solutionist Advanced Accumulators has announced the launch of the region’s first Battery Subscription Program, to transform fleet efficiency and energy optimization across the region. The firm said in a statement on last Thursday that in an era where businesses rely heavily on mobility and transportation, the unexpected downtime of fleet vehicles...

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2025-09-08 03:54:16 -

Proton launches first EV assembly plant in Malaysia with 20,000 annual capacity
Automaker Proton has launched the first assembly plant exclusive for electric vehicle (EV) production in Malaysia at Proton Tanjung Malim, with 20,000 annual capacity. Located within the Automotive High Tech Valley (AHTV) in Tanjong Malim, the plant begins full-scale assembly activities this month, just seven months after its groundbreaking ceremony on February 7, this year, the firm said in a...

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2025-08-18 14:52:29 -

Proton’s EV plant nears completion, set for September production
Malaysia’s automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September. The firm said in a statement that the new plant which located within the high-tech Tanjung Malim compound, will be completed just six months after the groundbreaking ceremony in February. The building is...

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2025-08-28 01:57:43 -

Proton’s EV plant nears completion, set for September production
Malaysia’s automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September. The firm said in a statement that the new plant which located within the high-tech Tanjung Malim compound, will be completed just six months after the groundbreaking ceremony in February. The building is...

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2025-09-28 02:44:00 -

SIB partners APU to advance EV, hybrid, smart manufacturing talent in Malaysia
Sapura Industrial Berhad (SIB), a Malaysia-based automotive component manufacturers, and Asia Pacific University of Technology & Innovation (APU), Malaysia’s digital technology institution, have entered into a memorandum of understanding (MoU) to strengthen collaboration in electric and hybrid vehicle technology and smart manufacturing. The duo said in a statement on Wednesday that...

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2025-09-11 06:37:10 -

Singapore’s bolttech partners with Harmony Auto Indonesia for embedded EV insurance
Singapore-based insurtech bolttech has partnered with Harmony Auto, a Chinese automotive distributor, to launch an insurance solutions designed exclusively for BYD electric vehicle (EV) owners through Harmony Auto’s distribution channels in Indonesia. Bolttech said in statement on Wednesday that the launch in Indonesia marks an expansion of Harmony Auto and bolttech’s ongoing...

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2025-07-17 01:10:33 -

VinFast advances ecosystem strategy in Philippines’ EV catch-up
With nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia’s electric vehicle (EV) race as ecosystem players like VinFast work to overcome hurdles around charging access, maintenance, and affordability. VinFast said in a statement on Tuesday that emerging Asia’s electric vehicle market reached nearly 400,000 sales in 2024, but the...

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2025-08-17 00:28:24 -

VinFast founder to inject another $1.5B in exchange for R&D assets – report
VinFast founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company, Reuters reported on Thursday. The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out of VinFast Trading and Production JSC (VFTP), its domestic...

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2025-09-29 08:40:14 -

VinFast India partners with Central Bank of India to expand EV financing
VinFast Auto India, a subsidiary of Vietnamese electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with Central Bank of India (CBI), one of the nation’s largest banks, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions, VinFast said in a statement on last Thursday. Under...

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2025-09-25 06:38:03 -

VinFast India partners with ICICI Bank for EV financing solutions
VinFast Auto India, a subsidiary of Vietnamese electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with ICICI Bank, one of India’s private sector banks, to provide auto and inventory financing for its exclusive dealer network. VinFast said in a statement on Wednesday that the partnership aims to offer a seamless suite of credit solutions for the...

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2025-09-11 06:12:31 -

VinFast launches made-in-India EV
Vietnamese electric vehicles (EVs) maker VinFast has officially launched its premium electric sport utility vehicles (SUVs) in India. The firm said in a statement on last Saturday that the SUVs include the Sleek, smart VF 6 and Sporty sophisticated VF 7 mark the firm’s first models introduced to India’s rapidly expanding EV market. It said the launch underscores the...

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2025-09-08 03:57:37 -

VinFast remains in the red in Q2 despite higher revenue
Vietnamese electric vehicles (EV) maker VinFast has remained in the red despite increased revenue in the second quarter ended June 30, 2025. The firm said in a statement on Thursday that its total revenues were VND 16,609.3 billion ($663 million) in the second quarter of 2025, an increase of 91.6 percent from the second quarter of 2024 and 1.9 percent higher than the first quarter of 2025....

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