Chinese electric vehicle maker to build plant in Indonesia

Chinese electric vehicle maker to build plant in Indonesia

China's leading electric vehicle maker PT BYD Motor plans to invest 11,700 billion IDR (754 million USD) to build a plant with a capacity of 150,000 units of electric vehicles (EVs) per year in Indonesia, a local official said on October 16.
GSM enters ride-hailing market with Xanh SM Bike Platform

GSM enters ride-hailing market with Xanh SM Bike Platform

GSM has launched its Xanh SM Bike Platform, offering an 80 per cent revenue share and incentives for VinFast electric motorcycle drivers.
Progressive strategy will win in electric vehicle market

Progressive strategy will win in electric vehicle market

Vietnam’s electric two-wheeler vehicle ecosystem is quickly taking shape with the expansion of both local and foreign players.
MoT takes the wheel in EV promotion

MoT takes the wheel in EV promotion

The Ministry of Transport has proposed policies to accelerate the transition to electric vehicles, which are expected to significantly advance the greening of Vietnam’s road transport sector.
Proposals looked at to change registration fees for certain EVs

Proposals looked at to change registration fees for certain EVs

The Ministry of Finance has proposed a decree that offers high registration fee incentives for electric vehicles.
EV strategy must prioritise keeping the pace globally

EV strategy must prioritise keeping the pace globally

Under Vietnam’s vehicle industry development strategy, electric vehicles (EVs) require robust support from government policies to contribute effectively to the country’s net-zero commitment.
Supporting a green strategy for the automotive industry

Supporting a green strategy for the automotive industry

With 6.5 million cars and 74 million motorcycles, Vietnam is the second-largest emitter of greenhouse gases (GHGs) from road transport in Southeast Asia, following Indonesia. Emissions from road vehicles in the country are rising rapidly, with an average annual increase of about 15 per cent over the past decade.
Consumers and dealer concerned about future of EVs

Consumers and dealer concerned about future of EVs

KPMG in Vietnam, in collaboration with EuroCham and Cho Tot Xe, has launched a report on the electric vehicle landscape.
Indonesia encourages RoK to develop EV ecosystem with ASEAN

Indonesia encourages RoK to develop EV ecosystem with ASEAN

Indonesian Foreign Minister Retno Masurdi encouraged the Republic of Korea (RoK) to cooperate with ASEAN in the development of electric vehicles (EVs) at the recent ASEAN Post Ministerial Conference (PMC) with the RoK in Vientiane, Laos.
Ford to invest $3 bn in Canada on 'Super Duty' pickup production

Ford to invest $3 bn in Canada on 'Super Duty' pickup production

Ford announced Thursday it would invest $3 billion to expand production of its "Super Duty" pickup trucks at a Canadian factory, at which it has previously pushed back plans for electric vehicles.
VinFast opens first three dealerships in the Philippines

VinFast opens first three dealerships in the Philippines

Following its expansion into Indonesia and Thailand earlier this year, VinFast has launched in the Philippines.
First pilot electric vehicle carbon credit project in Vietnam

First pilot electric vehicle carbon credit project in Vietnam

Selex Motors has partnered with PoA Carbon to implement a pilot project to develop carbon credits for electric vehicles.
New partnerships mooted to enhance e-vehicle prospects

New partnerships mooted to enhance e-vehicle prospects

New solutions could help capitalise on the upswing in electric vehicles in Vietnam, signifying new development of the country’s fledgling e-car ecosystem.
Green transportation paves path to net zero

Green transportation paves path to net zero

Vietnam is aiming to electrify 50 per cent of its public transport by 2030 and 100 per cent by 2050.
VinFast transforms business growth plan

VinFast transforms business growth plan

VinFast is expanding its global market presence by exploring carbon credits as a new revenue stream while advancing facilities to boost its international production capabilities.
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