Vietnamese automaker VinFast on Friday sent 150 cars to neighboring Laos for the launch of an electric taxi service, months after starting a similar scheme at home. The communist state’s first homegrown car manufacturer is hoping to compete with EV giants such as Tesla, and is trying to crack international markets.
Chinese state-owned automaker Chongqing Changan Automobile Co. Ltd. signed an agreement Tuesday to invest 8.8 billion Thai Baht ($242 million) in a new-energy vehicle (NEV) factory in Thailand.
VinFast, an electric vehicle (EV) and taxi company launched by Vietnam’s richest man earlier this year, is set to hit Cambodian roads. According to various reports, the company has chosen Cambodia and Laos to be the first overseas markets as part of its grand Southeast Asia expansion plans.
BANDAR SERI BEGAWAN – As an oil and gas producing country, Brunei Darussalam has a high potential to become renowned and a great example in the world stage if the country can one day fully embrace electric vehicles (EV), a senior official from BYD (‘Build Your Dreams’), a leading Chinese new energy vehicle (NEV) manufacturer, said.
Logistics startup Bexcs Logistics Solutions Inc. (BEXCS) has partnered with Clean Vehicle Solutions Limited (CLEVA) for the use of electric vehicles in its delivery services in the country.
Jakarta. Bank KB Bukopin announced it would issue green credits worth $20 million to Indika Energy’s subsidiary Energi Makmur Buana (INVI).
The EV market in Thailand is growing rapidly thanks largely to the government’s promotional packages to incentivise both car manufacturing and consumers, high fuel costs and increasing awareness about emissions from road-based transportation.
Thailand EV sales shatter forecasts but sales could slow next year after surprisingly strong 2023 if subsidies are not extended, according to BMI