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electric vehicle
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Electric vehicle adoption to quadruple by 2030
Vietnam’s electric vehicle adoption, which was 2.9% last year, can surge to 13.6% by 2030 thanks to a boost in production from both domestic and foreign companies, a report has said.
US can't yet compete with China on EVs, Ford chairman tells CNN
Ford Motor (F.N) Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles.
Vietnam transport companies scramble to adopt EVs
Many vehicle manufacturers are adding electric bikes and cars to their line-ups as they gain popularity and are touted to benefit the environment.
May 22, 2023 | 11:03 pm PT
China’s BYD plans Vietnam production base to export to Southeast Asia
Electric vehicle maker BYD will set up a production base for electric cars and parts in Phu Tho Province to supply the domestic and Southeast Asian markets.
May 8, 2023 | 08:20 pm PT
VinFast to buy back electric cars after 5 years
VinFast electric car owners in Vietnam can sell their vehicle back to the company after five years for 53-66% of their purchase price, the automaker has said.
April 6, 2023 | 09:49 pm PT
Panasonic to build $4 bln electric vehicle battery plant in US
Japanese electronics giant Panasonic said Thursday it will spend $4 billion to build a new battery factory in the United States for electric vehicles.
July 13, 2022 | 06:29 pm PT
Rough road ahead in Vietnam for electrical vehicles
The government needs to address three major challenges to the development of electric vehicles in Vietnam - rising power demand, insufficient infrastructure and high prices, experts say.
December 28, 2021 | 12:00 am PT
VinFast receives $20.5 mln US tax credit
Vietnamese electric vehicle manufacturer VinFast received a $20.5-million tax credit from the U.S. state of California for establishing its national headquarters there.
November 6, 2021 | 12:23 am PT
VinFast, Foxconn discuss partnership for electric car production
Automaker VinFast and Taiwan’s Foxconn are discussing a partnership instead after the latter sought to buy the Vietnamese company’s electric vehicle production line.
March 19, 2021 | 07:19 pm PT