The Malaysian Government has implemented several initiatives to encourage local companies to increase their efforts to manufacture electric vehicles (EVs) to support the development direction of the local automotive industry.
Ho Chi Minh City plans to convert its public bus network to electric and green energy vehicles by 2030, with 100% of new bus routes opened from 2025 using electricity.
The Malaysian Investment Development Authority (MIDA) has partnered with DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd to develop the Automotive Hi-Tech Valley (AHTV) in Tanjung Malim, Perak, with a goal of turning the country into ASEAN’s hub for next-generation vehicles (NxGV) and energy-efficient vehicles (EEV).
The Vietnamese auto industry has demonstrated significant progress in integrating into the global supply chain, reflecting its potential to contribute to economic growth, according to local car experts.
VinFast Automaker, a subsidiary of Vingroup, announced on November 12 that it delivered over 11,000 electric vehicles (EVs) in October, raising the total deliveries to more than 51,000 units, securing its position as the top-selling car brand in Vietnam in the first ten months of 2024.
Additional funding should be allocated to the Ministry of Transport of Malaysia to address the shortage of skilled workers in the automotive sector, especially electric vehicles (EVs), an expert has said.
In the context of sustainable growth as a trend in the global economy, many transportation companies in Vietnam are striving to build environmentally friendly supply chains as a competitive advantage in delivery and market expansion, especially given that transportation accounts for up to 37% of global greenhouse gas emissions.
Vietnamese electric vehicle (EV) maker VinFast Auto announced on July 8 that it will participate in the Gaikindo Indonesia International Auto Show (GIIAS) 2024, the largest of its kind in Indonesia, which will take place from July 18-28.
Vietnamese electric vehicles maker VinFast Auto announced it will officially enter the Philippine EV market at the end of May with diverse and smart green mobility solutions, affirming its determination to conquer the regional market.
Dong Thuy Co. Ltd, which owns Lado Taxi, on March 29 signed a memorandum of understanding (MoU) to purchase and rent an additional 2,500 VinFast electric cars from Green and Smart Moving JSC (GSM) within three years.
Pham Nhat Vuong, Chairman of Vingroup and founder of Vietnamese electric vehicle maker VinFast, on March 18 announced the establishment of V-Green Global Charging Station Development Company (V-Green).
Vietnam is experiencing a strong shift towards electric vehicles (EVs). The supportive and preferential policies implemented by the Government, such as the exemption of registration fees and reduction in special consumption tax for EVs, have played a significant role in promoting the adoption of this type of vehicle in the country.
VinFast Auto, a member of Vietnamese conglomerate Vingroup announced on March 15 that it has signed a distribution agreement with the Jospong Group of Companies, a leading multi-industry enterprise in Ghana to distribute its electric vehicles in the market and the West African region.
Vietnam is experiencing a strong shift towards electric vehicles (EVs). The supportive and preferential policies implemented by the Government, such as the exemption of registration fees and reduction in special consumption tax for EVs, have played a significant role in promoting the adoption of this type of vehicle in the country.
Malaysia has so far recorded more than 100,000 registered electric vehicles (EV) and is expected to witness potential growth in EV sales through end-2023, according to Minister of Investment, Trade and Industry Tengku Zafrul Abdul Aziz.
The Indonesian Government is planning to extend fiscal incentives for electric vehicles (EVs), especially electric motorcycles, to the next year with support levels equivalent to this year, said Deputy Coordinating Minister of Maritime Affairs and Investment Rachmat Kaimuddin.