Analyst sees EV transition reshaping Malaysia’s automotive industry

KUALA LUMPUR, Jan. 29 (Xinhua) — Maybank Investment Bank said Tuesday that Malaysia’s automotive industry is transitioning, driven by the rise of electric vehicle (EV) players, with current investments focused on downstream areas such as showrooms and service centers, alongside a growing interest in EV assembly.

Trump’s EV Policy Reversal Threatens Indonesia’s Nickel Industry and Green Energy Transition

Jakarta. A recent executive order by US President Donald Trump rolling back electric vehicle (EV) mandates is likely to disrupt Indonesia’s burgeoning EV ecosystem, according to the Center of Economic and Law Studies (Celios). The policy could significantly impact demand for critical minerals, foreign investment, and global financing for green energy projects, while strengthening China’s grip […]

ADB, Ayala ink $100-M loan to develop EV ecosystem

THE ASIAN Development Bank (ADB) and Ayala Corp. have signed a $100-million (around P5.8-billion) financing deal to support the company’s efforts to develop an electric mobility (e-mobility) ecosystem in the Philippines.

Russia ready to expand cooperation in new energy areas with Vietnam: Ambassador

Hanoi (VNA) – The Comprehensive Strategic Partnership between Russia and Vietnam have seen significant progress in recent years, with continued positive momentum in 2025, said Russian Ambassador to Vietnam Gennady Bezdetko in an interview with the Vietnam News Agency on the outset of the Lunar New Year Festival (Tet) – Vietnam’s biggest annual traditional celebration.

Perodua collaborates with UTM on EV technologies

Malaysia’s second national carmaker, Perodua, has signed a memorandum of understanding (MoU) with Universiti Teknologi Malaysia (UTM) to collaborate in the development of next-generation electric vehicle technologies (xEVs).

Another strong year for EVs in Malaysia

MALAYSIA’s electric vehicle (EV) market surged nearly 80 per cent year-on-year (YoY) to more than 28,000 units in 2024, with China’s BYD, Tesla and BMW emerging as the top three brands.

Marcos urges Tesla to manufacture EVs in PH

MANILA – President Ferdinand R. Marcos Jr. on Monday encouraged Tesla to consider manufacturing electric vehicles (EVs) in the Philippines as part of efforts to adopt a sustainable transport system and reduce carbon emissions.

Grab and BYD Join Forces to Accelerate EV Adoption in Southeast Asia

Grab, Southeast Asia’s leading ride-hailing and delivery app, has announced a strategic partnership with Chinese electric vehicle (EV) maker BYD. The collaboration aims to scale Grab’s EV fleet while making electric mobility more accessible to drivers and passengers in key markets such as Malaysia, Singapore, and Indonesia.