The recovery in global Light Vehicle (LV) demand in 2023 has been stronger than expected, as supply constraints eased in most markets. The outlook for 2023 has been increased by 4%, from 85.8 million units in January to 89.2 million units in November. However, this recovery and, more specifically, consumers still fac
Reported on November 7, 2023, Stellantis has unveiled its plans for new mobility solutions for the ASEAN region, emphasizing its intention to launch its STLA Medium Platform, a global BEV-by-design vehicle platform, in the region. The plan goes in line with the company's global commitment to achieve net carbon zero o
Reported on November 1, 2023, the Association of Southeast Asian Nations Automotive Federation (AAF) showed that the Philippines continued to see the biggest growth in motor vehicle production in the ASEAN region tracked by AAF during January – September 2023 period. With 84,929 units recorded, the figure was 33.3% h
Reported on October 31, 2023, President and CEO of Asian Honda Motor Co., Ltd and Head of Regional Unit (Asia & Oceania) has recently mentioned Honda’s plan to launch the first-ever Honda BEV in ASEAN in early 2024. The model will be launched in Thailand first before reaching other Southeast Asian markets.
The name o
On October 17, Škoda Auto Volkswagen India Private Limited (SAVWIPL) inaugurated its Parts Expedition Centre (PEC) at the Volkswagen Group’s Headquarters in Chakan, Pune. This 16,800-square metre facility will accelerate its export operations in the ASEAN region, starting with Vietnam from 2024. The centra has an ini
Announced on October 5, 2023, Leader Energy Holding Berhad (Leader Energy), via its wholly-owned subsidiary Leader Energy Ventures Sdn Bhd, has signed a Memorandum of Understanding (MOU) with Germany-based BASF Stationary Energy Storage GmbH (BSES), which will gradually embrace the push towards a more sustainable fut
Reported on October 5, 2023, data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed that motor vehicle production in the Philippines in the first 8 months of 2023 posted the fastest growth among its ASEAN neighbors tracked by AAF. During the period, 74,107 motor vehicles were
Reported on September 19, 2023, data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed that motor vehicle production in the Philippines in the first 7 months of 2023 grew the fastest among its ASEAN neighbors tracked by AAF. During the period, 65,934 motor vehicles were assemb
The global surge in battery electric vehicle (BEV) adoption has gained momentum in recent years, as countries worldwide prioritise the shift towards carbon neutrality, in which BEVs are a critical component of the transformation. Notably, China, the world’s largest automotive market, has spearheaded the mass producti
Announced on August 16, 2023, PTT PLC’s wholly-owned subsidiary Arun Plus Co., Ltd. has entered into a joint venture agreement with a Tawan-based electric motorbike maker Kwang Yang Motor Co., Ltd. (KYMCO) and its subsidiary KYMCO Capital Private Equity Management Co., Ltd. (KC), to establish “Aionex Co., Ltd.”
On July 11, 2023, Volvo Trucks Malaysia celebrated the successful launch of Volvo's first fully electric Heavy Duty Prime Mover in Southeast Asia.
Claiming up to 300 km of travel range per one full charge at 44 tons gross combination weight (GCW), the Volvo FH Electric, FM Electric, and FMX Electric models are powe
Reported on June 6, 2023, the Indonesian Electric Vehicle Industry Association (Periklindo), which has recently joined the ASEAN Federation of Electric Vehicle Associations (AFEVA), was welcomed by the Philippines’ Electric Vehicle Association of the Philippines (EVAP) and Malaysia’s Electric Vehicle Association of M
From May 17-19, 2023, Future Energy Asia (FEA) forum, once again, ran alongside the Future Mobility Asia (FMA) forum, with the aim to provide the only integrated, diversified summit and innovations showcase for ASEAN’s Energy and Mobility transition and transformation missions.
Over 18,000 visitors from more than 7
On May 17, 2023, Charge+, at the Future Mobility Asia summit, held in Bangkok, announced the development of a 5,000-km EV charging highway across 5 countries in Southeast Asia, spanning Singapore, Malaysia, Thailand, Cambodia, and Vietnam, with its 45 direct current (DC) fast charging locations. The distance between
On May 17, 2023, VinFast unveiled its aim to penetrate the Southeast Asia electric mobility market with its full range of EVs, while planning to introduce its first 4 right-hand drive EVs, VF 5, VF 6, VF 7, and VF e34.
At the Future Mobility Asia 2023 (May 17-19) in Bangkok, Thailand that marked VinFast’s official
Reported on May 12, 2023, at the first ASEAN Battery & Electric Vehicle Technology Conference (ABEVTC), held from May 9-11 in Indonesia, Thailand Energy Storage Technology Association (Testa) signed a memorandum of understanding on battery development with 5 partners, namely the Singapore Battery Consortium, the Nati
Announced on May 10, 2023, the 42nd ASEAN Summit, held in Labuan Bajo, Indonesia, from May 10-11, saw ASEAN leaders declare an agreement to explore cooperation and collaboration on the development of the EV ecosystem, such as: improving infrastructures and charging stations; creating an enabling business environment
Running from May 9-11, 2023, the first ASEAN Battery & Electric Vehicle Technology Conference (ABEVTC), co-organized by ASEAN leading associations, comprising Singapore Battery Consortium (SBC), National Center for Sustainable Transportation Technology (NCSTT) from Indonesia, and Thailand Energy Storage Technology As