Vietnam's opportunity in a shifting global EV market
The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.
The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.
Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.
The gross loss of Vingroup’s electric vehicle brand VinFast saw an increase of 7.3 per cent last year when the company expanded its commercial footprint.
Vingroup’s electric vehicle brand VinFast will lead the way for Vingroup’s investments in the Philippines in 2024, beginning with electric car and motorcycle dealerships.
VinFast has broken ground at its electric vehicle manufacturing site in North Carolina, marking a significant milestone toward its global expansion and the company’s supply chain development in North America.
The partnership between Charge+ and CapitaLand Development is aimed to contribute to Vietnam’s goal to achieve net zero emissions by 2050.
The assistance will support Vietnam’s efforts to achieve net-zero greenhouse gas emissions, and expand high-tech manufacturing industries.
The start price of VinFast's electric scooters Klara in the first batch is reduced by 40 per cent compared to the actual price down to even below $1,000 each unit.
Vingroup's VinFast has just held an inauguration ceremony of its electric motorcycle manufacturing factory which targets to be the most modern in Southeast Asia and launched the first model named VinFast Klara in Hai Phong city.
On the list of five best sellers of last month, there was no presence of completely built-up automobiles (CBU).
The total volume of imported CBU cars into Vietnam in March 2018 was estimated at 5,000 units.
In the first two months of 2018, CBU (completely built-up) vehicles imported in Vietnam dropped sharply, equivalent to 3.5 per cent in number and 11.5 per cent in value compared to the same period last year.
According to Toru Kinoshita, chairman of Vietnam Automobile Manufacturers' Association (VAMA) cum president of Toyota Motor Vietnam, under the impact of some conditions regulated in Decree 116, auto companies may face difficulties and have to postpone Complete Built Up (CBU) importation.
After a 14-day poll, the contest "Selection of your own cars", which attracted two million visitors, nearly 62,000 participants and collected over 10,000 comments, has found the most favorite Sedan and SUV (sport utility vehicle) designs.