Malaysia’s car sales and production declined further by 20 per cent in September 2024 compared to the previous month. According to the Malaysian Automotive Association (MAA). There were 58,032 units…
Thailand’s car market sales continue to drop into late 2024, according to the Thai Federation of Industries (FTI). The beginning of Thailand’s declining vehicle sales occurred last year in 2023,…
BloombergNEF’s forecast expects Singapore to dominate the passenger EV market by 2040. The same report foresees that Southeast Asia will eventually be "the world’s next hub for the EV (electric…
The ASEAN Centre for Energy is heavily encouraging the governments of the member countries of ASEAN to assist in the switch to electric vehicles (EV). The ASEAN Energy Database…
Indonesia’s car manufacturing sector is struggling to gain momentum. Recent reports from the Association of Indonesia Automotive Industries (GAIKINDO) showed that the country’s production rate for September is at 49.2…
Vietnam's Ministry of Industry and Trade is setting its sights on becoming a leading global supplier of car parts by 2045. This plan includes making important parts, building eco-friendly cars,…
Thailand’s Excise Department has urged car manufacturers benefiting from its electric vehicle (EV) promotion policies to start producing crucial EV components locally. They must complete this by 2026. This move…
Vietnam’s new car market faced a downturn in August 2024, with sales falling by 13 per cent compared to the previous month. Members of the Vietnam Automobile Manufacturers’ Association (VAMA)…
The Vietnam Automobile Manufacturers Association (VAMA) has proposed a significant overhaul of the special consumption tax rates for hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs). According to…
Malaysia is taking significant steps to promote electric vehicles (EVs) as part of its broader National Energy Transition Roadmap (NETR). The goal is to see EVs make up 15 per…