XPENG is expanding into the Southeast Asia region, as it just signed an agreement with Malaysian industrial partner EP Manufacturing Berhad (EPMB) to begin local assembly operations in Malacca, with production scheduled to commence in 2026, the companies announced Thursday. The announcement came after XPENG announced on December 12 that … [continued]
It may come as a surprise to some, but the US and Germany are not the only new car markets on Earth. Tons of new cars are sold every year in Southeast Asian countries like Singapore, Indonesia, Thailand, and Malaysia. Those markets have traditionally been ignored by German and US … [continued]
A curious crowd attends the brand launch of VinFast at one of the high end malls in Manila. (Photo from VinFast PR handouts)
Vietnamese electric vehicle manufacturer VinFast, supported by Vietnam’s largest conglomerate Vingroup, made a grand entrance into the Philippine EV market on May 31. The launch event featured two compact SUVs, a full-size SUV, a hatchback, and an impressive lineup of electric motorcycles. This expansion into the Philippines, following successful entries … [continued]
The Association of Southeast Asian Nations (ASEAN), which accounts for almost a dozen countries, includes several of the fastest growing economies in the world. Unfortunately, much of the energy that is fueling this economic development is coming from oil, natural gas, and most concerningly, coal. Approximately 40% of the power … [continued]
The elevator pitch for blended finance seems like common sense. Combine several sources of financing with different specialties to promote higher returns and mitigate risk. Unfortunately, the reality is a bit more complicated. The combining of several sources of capital, leveraging the expertise and finance of development banks, private commercial … [continued]
Offshore wind will change the power mix in Southeast Asia (Photo from World Economic Forum by Unsplash/Nicholas Doherty)
Asia is poised to become the global leader in wind power by 2050, accounting for over 60% of all offshore wind capacity installed worldwide. For this to happen, ASEAN (Association of South East Asian Nations) governments must focus resources and hasten building the preparatory infrastructure, conduct early community interactions, and … [continued]
The summit season has kicked off big time in Southeast Asia, and green vehicles are in the spotlight. Local police are even riding electric motorcycles to escort delegates. You probably saw it on the news. “Many companies are realising that electric two-wheelers will be first taken up in this part … [continued]
Before the pandemic, we went for a trip to Bali and were amazed at the frantic buzz of the roads. Going up a hill on the way back from the airport, the shuttle bus was overtaken by one after another little motorbike (sounded like 90 cc) until there were seven … [continued]
Hyundai and Grab, which provides taxis and rental cars in markets in Southeast Asia, are in the mood to electrify. Down in Southeast Asia, the duo are partnering to offer more electric cars as rentals. But that’s not all! The two companies plan to also push battery-as-a-service and EV financing … [continued]
The world is getting a better understanding of just how important forests are in the global fight against climate change.
