News

GSM, a ride-hailing firm founded by the owner of Vietnam’s EV maker VinFast, has launched its electric taxi service this month in Vientiane, Laos, to promote green mobility in Southeast Asia.

Electric vehicle sales in Thailand have seen significant growth this year. Thai government approved a drawn down subsidy package last Wednesday. Starting from next year and ending in 2027.

In collaboration with its partner Espro Noodoe, BGRIM launched its first solar-powered EV car charging station at River City Bangkok in April 2023. The company plans to expand to 100 by the end of the year.

Vietnam-based electric vehicle maker VinFast, which is deemed as Tesla's rival, is set to aquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong to ramp up its integration in the production value chain and competitive advantage.

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

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.

Vietnam aims to transition to electric vehicles by 2050, promoting green electricity use and establishing numerous charging stations, presenting significant investment opportunities.

Singapore's EMA and Shell have partnered to launch Singapore's first smart green energy service stations, developed by Eigen Energy, a local renewable energy provider.

Vietnam's Ministry of Transport proposes $1,000 incentive for electric vehicle adoption to shift consumption patterns.