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VinFast, a prominent electric car manufacturer, has unveiled a bold strategy to supply one million electric vehicles (EVs) to Green SM, a rising ride-hailing service, by 2030. In addition to this, the deal stipulates the addition of four million electric…
In a historic shift, electric vehicles (EVs) constituted 57.6% of new vehicle registrations in the first quarter of this year in Singapore. This marks the first time EVs have outpaced both combustion engine and hybrid models in new registrations. The…
In a bid to alleviate the repercussions of escalating global fuel costs resulting from the Middle East conflict, Cambodia has chosen to diminish import duties on electric vehicles (EVs), electric stoves, and solar-powered appliances. Curtailing Import Duties…
Ikea China has recently introduced electric autonomous trucks into its Shanghai logistics network, following the successful completion of a preliminary 35,000-kilometer trial program. The trial program, initiated in April of 2024, has since evolved into daily…
The Vietnamese motorcycle market experienced a significant expansion of 14.9% in the previous year, marking the most substantial growth rate within Southeast Asia. This surge was, in part, propelled by a substantial increase in sales of electric motorcycles.…
Hanoi’s local government is currently deliberating a proposition to incentivize motorbike users to switch to electric models. According to the proposal, a subsidy of VND5 million (US$190) will be given to individuals opting to replace their gasoline…
Honda has recently unveiled a significant change to its global motorcycle brand identity. The company introduced three distinct emblems that will differentiate between its electric and internal combustion engine (ICE) models. This new approach aims to provide…
In Ho Chi Minh City (HCMC), approximately 14,000 ride-hailing motorbike drivers have transitioned from gasoline-powered vehicles to electric versions. This represents about 3.5% of the total fleet. Ngo Hai Duong, Head of the Road Transport Management…
Grab, the renowned ride-hailing company, has launched its electric car service in Hanoi, marking a significant entry into the predominantly electric taxi market, primarily controlled by Xanh SM. This move is a strategic approach by Grab to expand their…
Sales of electric motorbikes surged in the first eight months of the year, outpacing traditional gasoline-powered bikes and signaling a shift in consumer preference. A Boom in Electric Motorbike Sales Electric vehicles, particularly those that don’t require a…
Driving Sustainable Energy Solutions in Thailand In a progressive move to enhance energy efficiency in Thailand, Krungsri (Bank of Ayudhya) has joined forces with Schneider Electric. This partnership aims to empower the nation’s entrepreneurs, particularly…
Deutsche Post/ DHL’s EV building outlet StreetScooter is to sign a contract with Yamato, a major Japanese logistics company worth around 32 million euros. The two companies will develop a small electric van together and will bring the first 500 units into the…
Royal Enfield, a leading motorcycle brand, has announced its foray into the electric motorcycle market with the introduction of its new brand, Flying Flea. The first model under this brand will be the C6, scheduled for launch in the fourth quarter of the…
Unilever has started a range of programs and initiatives for a net zero value chain by 2039, contributing to Vietnam government’s net zero carbon emissions vision by 2050. In 2021, Unilever published its Climate Transition Action Plan, an ambitious and…
Chinese media reports that Xiaomi has started producing smartphones in Vietnam have set off debates including expressions of disappointment and excitement in China. Xiaomi’s devices are made in Vietnam by DBG Technology, a subsidiary of Hong Kong’s DBG…
Volkswagen will show a production version of its long-awaited ID.Buzz, an electric reincarnation of its beloved Microbus or Kombi, on March 9 and plans to launch it in the United States in late 2023, the company said on Friday. The ID.Buzz is one of “the most…
