In 2024, Perodua became the second largest auto manufacturer in Southeast Asia. That year, the Malaysian company sold 358,000 vehicles and overtook legacy brand Honda in the region.
In the 2000s, Perodua distributed their vehicles in the United Kingdom, Nepal, and Malta. The brand eventually withdrew from these markets but still provide spare parts for the market.
Perodua began exporting their vehicles to overseas markets again in 2021. By 2025, Perodua’ s overseas markets included; Singapore, Brunei, Mauritius, Fiji, Sri Lanka, and Seychelles.
Perodua’ s EV model, the QV-E, was unveiled in December 2025 in Malaysia’ s Ministry of Trade and Industry head office. It is known as the country’ s“ first fully homegrown” EV and regarded as a milestone for Malaysia’ s auto industry. It is considered one of the brand’ s higher-end model and is described as“ lifestyle-oriented.”
The QV-E is part of Malaysia’ s New Industrial Master Plan 2030, a government project that intends to bolster the country’ s local EV ecosystem.
With its QV-E model, Perodua aims to achieve 50 per cent local content by 2026 and 70 per cent by 2030.
EV models: QV-E The fastest expansion: VinFast Country of Origin: Vietnam Background:
VinFast is an EV manufacturer founded and owned by Vietnamese private conglomerate, VinGroup in 2017. It initially produced fuelpowered cars and electric motorcycles but soon pivoted to EVs and electric scooters.
A year after its founding, VinFast expanded operations to Germany. It announced further expansions to Shanghai, China and Seoul, South Korea but there have been no reports that have confirmed this. VinFast’ s global strategy can be described as“ aggressive,” facing AUD $ 1 billion in net losses in Q2 of 2025.
In February 2020, VinFast opened their second overseas branch in Port Melbourne, Australia. The Australian branch operated until May 2021, where it was announced that it would temporary office closure due to the COVID-19 pandemic.
Today, VinFast is in the process of achieving its goal of expanding to seven more markets by the end of the year. So far, the company began operations in India, Malaysia, the Philippines, and Indonesia. They are also planning to broaden their reach to the regions of the Middle East, Africa, Europe, and Latin America.
EV models: Nerio Green, Verio Green, Minio Green, Limo Green, EC Van, VF Line( 3, 5, 6, 7, 8, and 9)
The most used for public transportation: VKTR Country of Origin: Indonesia Background:
VKTR began as PT Bakrie Steel Industries, a metal components and commercial vehicle distributor. In March 2022, PT Bakrie Steel Industries was renamed to PT VKTR Teknologi Mobilitas Tbk. Its rebranding aimed to reflect Indonesia’ s goal to shift towards low emission mobility.
Along with its renaming, VKTR began trading and manufacturing EVs and EV spare parts and car accessories. In 2024, it delivered a fleet of 20 units of its 12-meter electric buses to Transjakarta, the first Bus Rapid Transit( BRT) system in Southeast Asia and the world’ s longest BRT.
Public enterprises and other Indonesian government agencies also procured commercial vehicles from VKTR such as garbage compactors, dumptrucks, and drumroll trucks.
EV models: Electric Dump Truck, Electric Loader, Electric 12 Meters Bus, Electric 8 Meters Bus, Electric Heavy-Duty Truck, Electric Light Duty Truck, Electric Tractor Head Off-road / Heavy Load, Electric Tractor Head On-road / Standard Load, Electric Transporter Van, Electric Forklift.
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