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Japan automakers to invest $4.3B in Thailand over 5 years: Thai govt

Japan automakers to invest $4.3B in Thailand over 5 years: Thai govt

Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the Southeast Asian country's transition to making electric vehicles.
Toyota's Japan production at standstill as system failure hits assembly plants

Toyota's Japan production at standstill as system failure hits assembly plants

Toyota misses April global production target due to Covid, parts shortage

Toyota misses April global production target due to Covid, parts shortage

Global automakers face electric shock in China

Global automakers face electric shock in China

If global automakers think they can extend their dominance in China into the electric era, they may be in for a shock.
May 25, 2022 | 06:37 pm PT
Vietnam terminates failed automaker's project

Vietnam terminates failed automaker's project

The central province of Thanh Hoa has terminated the manufacturing plant of Vinaxuki, one of Vietnam’s earliest automakers, who went under seven years ago.
April 28, 2022 | 09:01 pm PT
New lithium technology can help the world go green, if it works

New lithium technology can help the world go green, if it works

Rio Tinto, General Motors and even the US Energy Department are investing in a crop of newer technologies that could revolutionize the way lithium is produced for electric vehicle batteries.
April 7, 2022 | 08:18 pm PT
Car maker McLaren to enter Vietnam

Car maker McLaren to enter Vietnam

British automotive maker McLaren’s first showroom in Vietnam in Ho Chi Minh City’s District 1 will come into operation from Q2.
March 18, 2022 | 06:23 am PT
VinFast to stop making gas-powered cars this year

VinFast to stop making gas-powered cars this year

Automaker VinFast plans to stop making gas-powered cars this year and become a wholly electric vehicle manufacturer.
January 5, 2022 | 08:35 pm PT
VinFast announces US headquarters in Los Angeles

VinFast announces US headquarters in Los Angeles

VinFast on Wednesday announced its U.S. headquarters will be located in Los Angeles, California, affirming its goal to become a global automaker spearheaded by electric vehicles.
November 17, 2021 | 02:31 am PT
VinFast licensed to test autonomous cars in US

VinFast licensed to test autonomous cars in US

VinFast has received licenses to test autonomous vehicles in California, the U.S., one of the first foreign markets the Vietnamese automaker targets.
February 7, 2021 | 08:30 pm PT
Suzuki mulls assembling passenger cars in Vietnam

Suzuki mulls assembling passenger cars in Vietnam

Japanese automaker Suzuki is possible to assemble passenger cars in Vietnam in the coming time, a leader of the company says.
October 23, 2020 | 06:00 pm PT
Rolls-Royce shuts Vietnam dealership

Rolls-Royce shuts Vietnam dealership

U.K. luxury car company Rolls-Royce has closed down its dealership in Vietnam and is looking for a new partner to replace it.
October 13, 2020 | 10:00 pm PT
Automaker buys 7.86 percent stake in agriculture company

Automaker buys 7.86 percent stake in agriculture company

Truong Hai Auto Corporation has acquired a 7.86 percent stake in rubber and fruit producer Hoang Anh Gia Lai Agrico.
May 15, 2019 | 06:41 pm PT
VinFast, South Korean firm to make electric vehicle batteries

VinFast, South Korean firm to make electric vehicle batteries

Vietnamese automaker VinFast has set up a joint venture with South Korea’s LG Chem to produce batteries for electric vehicles.
April 8, 2019 | 06:20 pm PT
Vinfast, set to be Vietnam's first domestic carmaker, gains $950 million credit line

Vinfast, set to be Vietnam's first domestic carmaker, gains $950 million credit line

VinFast said it has secured a 12-year credit facility for as much as $950 million to help buy machinery and equipment from German suppliers.
October 9, 2018 | 11:03 pm PT
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