News

Vietnamese Ministry of Industry and Trade (MOIT) has proposed a draft of retail electricity pricing with 3 different approaches for calculating electricity tariffs for electric vehicle (EV) charging stations.

Singapore continues to expand the electrification of its public bus fleet, with the Land Transport Authority (LTA) announcing a new investment of 164 million SGD for electric buses last Saturday.

To fulfill the commitment at COP26 which is to achieve net-zero emissions by 2050, Vietnam is prioritizing "greening" efforts to both land and sea transport with new business opportunities and challenges as well.

Electric vehicles will soon ply in some of the streets of Mandaue City, following the signing of a MOA between the city government and the Global Electric Transport Philippines Inc. on Nov. 8.

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.

Malaysia is seeking foreign investors in high-value industries such as electric vehicles (EVs), semiconductors and carbon capture, according to its trade and investment minister.

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 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.