Under the agreement, Bank Negara Indonesia (BNI) will be the lead arranger of the financing and will handle the underwriting for the syndicated loan of 1.85 trillion IDR.

The latest shipment includes four models, VF 3, VF 5, VF e34, and Nerio Green – all right-hand drive electric vehicles manufactured exclusively for the Indonesian market.

The continuation of the zero percent registration fee policy for battery-powered electric vehicles (EVs) is a strong incentive for consumers and businesses, reinforcing Vietnam’s commitment to green transformation.

Instead of enjoying a zero percent registration fee, battery-powered electric vehicles (EVs) will be required to pay 50% of the fee applicable to internal combustion engine cars with the same seating capacity.

The used car market in 2025 is set to experience intensified competition, according to market experts.

Vietnamese car maker VinFast announced that it delivered over 20,000 vehicles in December 2024, a sales record in the domestic market, raising its total last year to more than 87,000.

The 10th edition of the Kuala Lumpur International Mobility Show (KLIMS) 2024 that took place from December 5-11 at the Malaysia International Trade and Exhibition Centre (MITEC) attracted 250,000 visitors.

The Association of Southeast Asian Nations (ASEAN) is witnessing a rise in the sales of electric vehicles (EVs) in Vietnam, Malaysia and Indonesia, according to Maybank Investment Bank Research (Maybank IB Research).

The Malaysian government has included the adoption of electric vehicles (EVs) in its National Energy Transition Roadmap (NETR) towards the goal of EVs accounting for 15% of all vehicles sold by the year 2030, rising to 80% by 2050.

The Thai Government on June 17 said that the country aims to create a workforce of 280,000 in advanced industries over the next five years, along with an ecosystem that supports new investments, to help the Southeast Asian country become a high-tech hub.

As the Philippines works to ramp up mining to meet global demand for metals during the green energy transition, environmental groups in the country are demanding strict limits to protect nature and land.

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, Vietnam’s first electric vehicle (EV) manufacturer, on February 22 announced that it has just signed a memorandum of understanding (MoU) with three Indonesian business clients to provide 600 EVs for their corporate fleets.

The number of electrical vehicles (EVs) and charging stations in Laos has been increasing, according to the country’s Ministry of Energy and Mines.

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.

With the commencement of the electric vehicle (EV) era, a large number of charging stations are likely to be installed in the time to come, forming a new and promising business sector.

The Ministry of Transport has just submitted its proposal to Deputy Prime Minister Tran Hong Ha on incentives for electrical vehicle (EV) producers and users.

VinFast, the subsidiary automaker of Vietnamese conglomerate Vingoup will give the public a look at its new lineup of electric cars (EVs) at an exhibition running from July 7 to September 20.

VinFast, a subsidiary automaker of Vietnamese conglomerate Vingroup, on May 18 announced the arrival of the first shipment of 781 VF 8 vehicles to Nanaimo port, British Columbia, Canada. The VF 8 is now certified for sale in the North American country with first deliveries taking place next month.

At the Future Mobility Asian 2023 summit and exhibition taking place from May 17-19 in Bangkok, Vietnam's automaker VinFast on May 17 revealed its intention to expand into the Southeast Asia electric mobility market with its full range of electric vehicles (EVs), planning to introduce its first four right-hand drive models.