While the demand seems to be rising in Southeast Asia for electric vehicles, the development of charging station infrastructure is still too slow and supportive policies are still required.
Grab proposes Vietnam to remove administrative procedures that are hindering the sharing economy, as well as promote the development of electric vehicles.
High demand and the work of VinFast and VinES are helping to ensure Vietnam becomes a regional battery manufacturing hub for electric vehicles.
The Lao Ministry of Industry and Commerce has rolled out measures to promote electric vehicles (EVs), a type of vehicle that uses clean energy and protects the environment.
Different initiatives for subsidising electric vehicle (EV) sales are expected to promote the shift to green transportation in Vietnam.
Indonesian President Joko Widodo on September 14 announced that a battery plant for electric vehicles (EV) in Karawang, West Java, is expected to become the largest of its kind in Southeast Asia.
Be Group signed a cooperation agreement on September 8 with VinFast and Cake by VPBank to encourage its drivers to switch from petrol to electric vehicles (EVs), meaning thousands of Be drivers will benefit from VinFast's support policies and have access to financial solutions from Cake the digital bank.
As electric vehicles become more popular, developing charging stations and equipment is a promising area for investment.
Carmakers in Vietnam are making dramatic changes to their operations in pursuit of sustainability, through expanding the scope and style of their offerings.
Vietnam’s pivot to electric vehicles is driving a profound overhaul in its long-established motor insurance sector, mirroring global trends.
The Energy and Mineral Resources (ESDM) Ministry of Indonesia is working hard to convert conventional motorbikes into electric vehicles (EVs) to achieve the target of net-zero emissions by 2060.
Buyers of electric vehicles (EVs) could receive an incentive totalling 1,000 USD per purchase.
Vingroup reported a revenue increase in the first half of 2023 thanks to the contribution from the sale of electric vehicle products.
Southeast Asia's electric vehicle (EV) sector, led by both foreign and local manufacturers such as Wuling, Volvo, and VinFast, is poised for significant growth, with a rising demand for supporting infrastructure, increasing investments, government incentives, and a potential leadership role in the global lithium-ion battery supply chain.
Vietnam’s electric vehicle market is promising and has a very bright future, but a number of issues must be tackled for the sector to truly flourish.