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HESB–HFC form New Energy Asia JV to drive EV charging advancements in Malaysia and ASEAN
Announced on June 13, 2025, New Energy Asia Sdn. Bhd, a newly-formed joint venture between HICOM Engineering Sdn Bhd (HESB) (a DRB-HICOM subsidiary) and Hangzhou Flash Charging New Energy Co Ltd (HFC) (a Lotus Technology Inc. subsidiary), has launched a comprehensive range of high-quality EV charging equipment for Ma
ASEAN agrees not to retaliate on U.S. Tariffs; Seeks deeper EV and Chip cooperation
On April 10, 2025, Thailand’s Commerce Ministry joined a special ASEAN Economic Ministers Meeting via teleconference with all 10 member states and Timor-Leste.
Led by Malaysia, the meeting addressed President Trump’s tariff policy. ASEAN agreed not to retaliate, issued an 8-point joint statement, and launched the ASE

Grab joins 4 tech firms to study autonomous vehicles in Southeast Asia
Announced on March 10, 2025, Grab has signed MoUs with 4 prominent autonomous technology firms: Autonomous A2Z, Motional, WeRide, and Zelos.
These partnerships aim to study the impact and potential role of autonomous vehicles (AVs) within Southeast Asia’s unique transportation landscape to enhance the transportation

Chery ready to export vehicles from Malaysia to Southeast Asian market in 2025
Reported on February 19, 2025, Chery Corporate Malaysia Sdn Bhd revealed its plans to start vehicle exports to the Southeast Asian market in 2025, making it the first Chinese automaker to export from Malaysia.
In the initial phase, exports to Vietnam will include Jaecoo ICE and PHEV models, which will be followed by
AAF: Philippines notes 2nd highest growth in auto production among ASEAN countries in Jan-Nov 2024
Reported on February 11, 2025, data released by the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed that the Philippines posted the second fastest growth in motor vehicle output in ASEAN during January to November 2024 with 116,650 units, an increase of 14.7% YoY.
Myanmar posted the
Grab – BYD enter regional partnership to expand EV fleet offering across Southeast Asia
Announced on January 15, 2025, Grab and BYD have formed a regional partnership to expand access to up to 50,000 BYD electric vehicles (EVs) to Grab’s driver-partners across Southeast Asia, while increasing the availability of green vehicles to Grab users.
Both parties will also collaborate to facilitate deep IoT inte

Holoride, Germany secures investment from Fuel Ventures Asia, Singapore to drive B2B expansion in Asian market
On December 18, Holoride Technologies Group Pte. Ltd., a provider of motion-based in-car applications from Germany, secured investment from Fuel Ventures Asia, Singapore. The investment supports Holoride's transition to a B2B model, its expansion to platforms such as smartphones, tablets, wearables, and infotainment

Hyundai Autoever – MapmyIndia’s JV to provide vehicle maps and navigation services to Southeast Asia
Announced on December 16, 2024, Hyundai Autoever will work with MapmyIndia to provide high-quality vehicle maps and navigation services to Southeast Asia.
Through their joint venture, PT Terra Link Technologies, established in Jakarta, Indonesia, Hyundai Autoever plans to build maps for 6 countries, including Indone

AAF: Philippines notes 2nd highest growth in car production among ASEAN countries in Jan-Aug 2024
Reported on October 30, 2024, the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF)’s latest data showed that motor vehicles produced in the Philippines totaled 86,585 units during the first 8 months of 2024, up 17.3% YoY, the second highest growth among the AAF-tracked ASEAN countries. In Au
SGMW launches ASEAN Strategy, makes global debut of Light of ASEAN concept NEV
On September 24, at the 21st China-ASEAN Expo, SAIC-GM-Wuling (SGMW) launched the One Two Three ASEAN Strategy.
This strategy is slated for an all-round New Energy Vehicle (NEV) industry chain across the 10 ASEAN countries by 2030, which integrates key links such as vehicle manufacturing, sales, services, energy syst

Stellantis-Leapmotor JV aims for 350 sales points across Europe by end of 2024
On September 24, Stellantis announced that Leapmotor International, a joint venture between Stellantis and Leapmotor, is making the official debut in Europe with its first European Media Drive in Milan, Italy.
The JV plans to have 350 sales points by the end of 2024 and will release one new model annually for the nex

GlobalData blog: BYD Auto’s fast growth in the ASEAN-5 region, reasons and challenges
The Chinese brands accounted for 3.4% of ASEAN Light Vehicle (LV) sales in 2021-22. This share accelerated to 4.9% in 2023 and 5.9% in the first half of 2024. SAIC Group was the largest among the Chinese groups in the region. Despite SAIC expanding its model line-up and presence in all ASEAN-5 markets, the group’s ma

AAF: Philippines posts 2nd fastest growth in car production among ASEAN countries in H1/2024
Reported on August 9, 2024, data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed that Philippines’ motor vehicle production in January to June 2024 reached 64,333 units, up 13.4% YoY. In the month of June 2024 alone, Philippines’ vehicle output climbed 14.6% to 10,288 units.