Topic
1,347 stories in this topic
VinFast, Vietnam’s rising star in electric vehicle (EV) manufacturing, is gearing up to revolutionize the automotive landscape in the Philippines. In an exciting announcement, the company revealed a partnership with four key Philippine firms to roll out over…
Honda Vietnam is riding a wave of success, announcing substantial sales growth for April across both its motorcycle and automobile divisions. The figures reveal an impressive year-on-year increase of 6.9% in motorcycle sales and a remarkable 18.9% in car…
Proton Makes a Charge into Singapore’s EV Market In a strategic comeback, Malaysia’s national carmaker Proton is re-entering the Singaporean automotive scene after a decade, unveiling its first electric vehicle, the e.MAS 7. Set to start at approximately…
Luxury automaker addresses claims stemming from a controversial incident involving a customer’s vehicle Mercedes-Benz is taking a proactive stance in response to recent allegations concerning an incident involving a customer’s S 450 L that caught fire. The…
Gasoline Prices in Vietnam See Modest Recovery After Five-Year Low Vietnam’s gasoline prices have marked a slight upward shift, coming off their lowest levels in five years. This change comes as various factors in the global oil market begin to stabilize and…
Volvo has unveiled its first all-electric sedan, the ES90 for the global market. Built on the carmaker’s SPA2 platform, the ES90 is the sixth all-electric model in Volvo’s portfolio after the EX90, EM90, EX40, EC40 and EX30. The carmaker has stated that the…
Gasoline and diesel prices in Vietnam mostly fell Thursday afternoon. The popular gasoline RON95 was priced at VND20,920, down 0.38% from seven days ago. E5 RON92 gained 0.25% to VND20,440. Diesel fell 0.99% to VND19,050. Regulators said that fuel prices in…
Thailand’s car production in 2024 dropped 20% from the previous year to a four-year low, owing to weaker domestic sales and exports, the Federation of Thai Industries (FTI) said. Car output dropped to 1.47 million units from 1.83 million in 2023. Production…
Czech’s biggest automaker Skoda is set to complete its $500 million factory in northern Vietnam, its first in Southeast Asia, by the end of March. The company plans to launch two locally assembled models this year after the completion of the plant, which it…
Porsche set a new benchmark in Switzerland in 2024 with 5,042 new registrations, representing a 10.5 percent increase compared to the previous year. The brand also saw significant growth in electrified vehicles. Against the backdrop of an overall market…
Luxury auto sales in Thailand plunged 25% to 30,000 units last year as a struggling economy hurt buyers. The slow economic expansion rate (projected to be 2.4-2.7%) and banks’ tighter criteria for auto loans have resulted in a negative impact across the the…
Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year. Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said at a press conference on December 16 that the Indonesian government…
Vietnam will need nearly US$14 billion to develop a network of charging stations to develop a green transport system, said insiders. This is expected to reduce greenhouse gas emissions, and create great tremendous opportunities for the electric vehicles (EV)…
Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand. Under the current EV 3.0 incentive program,…
Chinese auto giant BYD’s premium electric vehicle brand Denza has made its official debut in Singapore with two variants, both costing over US$200,000. According to Singapore-based car selling platform Motorist, the brand launched its first model in the…
China’s largest electric vehicle manufacturer BYD is recalling 97,000 units due to a technical error that poses fire risks. The Chinese automaker is recalling Dolphin and Yuan Plus EVs produced in China between November 2022 and December 2023 for containing a…
