News
December 17, 2025
What’s in EU Commission’s plan to soften 2035 petrol, diesel car ban?
The European Union has confirmed plans to weaken its landmark 2035 ban on the sale of new petrol and diesel cars on Dec. 16, easing one of its most ambitious climate policies for the automotive sector.
December 16, 2025ASEAN outpaces U.S. in EV sales share: Ember highlights three key factors
Southeast Asia is rapidly emerging as a new global hotspot for electric vehicle (EV) adoption. A recent analysis by Ember finds that Thailand's EVs accounted for 20% of new car sales in 2025.
December 16, 2025Vietnam’s hybrid tax breaks to spark new auto investment cycle in 2026
Starting in 2026, hybrid electric vehicles (HEVs) in Vietnam will be subject to an excise tax rate equivalent to 70% of that applied to conventional gasoline and diesel cars.
December 03, 2025Malaysia’s Perodua launches first EV with battery leasing to cut ownership costs
Malaysia’s automotive giant Perodua has formally entered the electric-vehicle market with the launch of its first fully electric model, the QV-E, on Dec. 1. The company is also introducing a battery-leasing scheme to lower upfront purchase costs.
November 17, 2025Can Malaysia’s first EV battery passport in ASEAN spark green economy growth?
Malaysia has introduced the country’s—and ASEAN’s first—Electric Vehicle (EV) Battery Passport Standard, requiring full lifecycle transparency from production to end-of-life reuse.
September 09, 2025Singapore extends EV incentives, cuts hybrid car subsidies
As electric vehicles (EVs) gain traction, Singapore has revised its incentive schemes to further accelerate adoption. The EEAI and the VES will be extended, but rebates for hybrid cars will be removed.
July 18, 2025EU-China Summit: Germany must seize the chance to engage China on climate action
In this moment of geopolitical flux and climate urgency, the new German government can act as a vital broker between Europe and China, write three policy experts.
July 01, 2025CATL breaks ground on $5.9 billion new battery plant in Indonesia
Chinese EV battery giant Contemporary Amperex Technology Co. Limited (CATL) officially broke ground on a new factory in Indonesia on June 29. The project aligns with President Prabowo Subianto’s vision to establish a complete battery supply chain.
June 26, 2025Indonesia’s energy transition attracts momentum from sovereign funds
Indonesia is emerging as a promising destination for energy transition investments. Two of the country’s leading sovereign wealth funds have recently reaffirmed their commitment to scaling up investments in clean energy.
May 20, 2025CATL targets global expansion with $5.3 billion Hong Kong listing
China’s largest electric vehicle (EV) battery manufacturer, Contemporary Amperex Technology Co. Limited (CATL), was listed on the Hong Kong Stock Exchange on May 20, aiming to raise up to USD 5.3 billion.