News

Indonesia emerged as one of the world’s strongest markets for IPOs this year. Part of the reasons is the intensive rush to transition from fossil fuels and into green energy.

Government incentives, increased production, and growing environmental consciousness among consumers are propelling Thailand’s automotive market to undergo a green transformation.

Indonesia has asked a Chinese carmaker to help it build a homegrown electric vehicle by 2025 or 2026, according to a senior minister.

Southeast Asia is the world's third-largest two-wheeler market. In Indonesia, the biggest ride-hailing service operator Gojek, plans to replace all two-wheelers with electric motorbikes by 2030.

Indonesian President Joko Widodo invited China, Japan, and South Korea to cooperate with ASEAN in developing its electric vehicle ecosystem.

Indonesia's Coordinating Minister of Economic Affairs announced that the country is working on an efficient EV ecosystem to boost region's energy flexibility.

Malaysia unveiled a detailed national energy transition roadmap (NETR) on Aug. 29, which sets out initiatives the government will undertake to achieve 2050 net zero target.

Philippines’s EV Summit will be held in October as more car buyers are switching to electric vehicles. Public and private sectors have also been working to make charging stations more conveniently accessible to EV owners.

VinFast, Vietnam's first electric car brand, experienced a 700% stock price surge in the US, making it the world's third largest car manufacturer. Now the brand is aiming for global market amid the rise of the EV.

South Korean battery materials maker Posco Future M has agreed to form a joint venture with a subsidiary of Philippine's MC Group to produce raw materials for EV battery cathodes. The country is said to have the world’s second-largest nickel reserves afte