chinese electric vehicle maker to build plant in indonesia

Chinese electric vehicle maker to build plant in Indonesia

China's leading electric vehicle maker PT BYD Motor plans to invest 11,700 billion IDR (754 million USD) to build a plant with a capacity of 150,000 units of electric vehicles (EVs) per year in Indonesia, a local official said on October 16.
china seeks favourable conditions to expand automotive investments in vietnam

China seeks favourable conditions to expand automotive investments in Vietnam

China has called for policies to create a more favourable business environment for its automotive companies to expand their investments in Vietnam.
hybrid vehicles are strong step but not final answer

Hybrid vehicles are strong step but not final answer

The hybrid car market in Vietnam is becoming much more vibrant, but its contribution to the net-zero roadmap is under the microscope.
pointed pivot can ensure ev success

Pointed pivot can ensure EV success

Vietnam’s journey towards electric vehicle adoption and reduced emissions, while challenging, can be achieved through strategic planning, supportive tax policies, and robust infrastructure to meet its green transformation goals.
byd commits to convenient offerings for vehicle owners

BYD commits to convenient offerings for vehicle owners

Greening the automotive industry in Vietnam involves companies like BYD Vietnam, which is making efforts to contribute to the process. Vo Minh Luc, CEO of BYD Vietnam, told VIR’s Hara Nguyen about the company’s plans to deliver the most convenient experience to users.
chinese ev giant byd posts 244 per cent rise in profit

Chinese EV giant BYD posts 24.4 per cent rise in profit

Leading Chinese automaker BYD posted on Wednesday a 24.4 percent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets.
long road ahead to green the vehicle industry

Long road ahead to green the vehicle industry

Greening the automotive industry in Vietnam is the only way towards its sustainable development, a conference on the issue has heard.
several vietnamese banks agree to finance ev purchases

Several Vietnamese banks agree to finance EV purchases

A Chinese electric vehicle manufacturer has agreed a deal with several Vietnamese banks to provide favourable financing solutions for customers purchasing its automobiles across Vietnam.
raft of chinese electric vehicle groups expand into vietnam

Raft of Chinese electric vehicle groups expand into Vietnam

Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.
byd targets openning 100 dealerships in vietnam within next three years

BYD targets openning 100 dealerships in Vietnam within next three years

Chinese electric vehicle giant BYD intends to open 100 dealerships in Vietnam within the next three years as part of its aggressive expansion efforts in the country.
vietnam remains focused on evs for sustainable growth

Vietnam remains focused on EVs for sustainable growth

According to a recent HSBC report, Vietnam is advancing its green energy transition rapidly while prioritising electric vehicles (EVs) as a key driver of sustainable economic growth.
chinese electric vehicle names remain in pole position of market expansion efforts

Chinese electric vehicle names remain in pole position of market expansion efforts

Vietnam is emerging with decent prospects as an electric vehicle manufacturing hub for the region, as Chinese electric vehicle makers from Chery to BYD flock to the country.
chinas byd sets eyes on vietnam

China's BYD sets eyes on Vietnam

Chinese electric-vehicle (EV) manufacturer BYD plans to set up an assembly plant in Vietnam, following those in Thailand and Indonesia, to meet the growing demand for affordable EVs in Southeast Asia.
apple to shift ipad development resources to vietnam

Apple to shift iPad development resources to Vietnam

Tech behemoth Apple Inc. is for the first time planning to allocate product development resources for its iPad range to Vietnam, according to sources cited by Nikkei Asia. This move marks a significant shift in the tech giant's manufacturing strategy.
byd electronics to start construction of 1837 million plant this month

BYD Electronics to start construction of $183.7 million plant this month

BYD Electronics (Vietnam) Co., Ltd. is undertaking the final tasks to start the construction of its expanded plant in the northern province of Phu Tho after receiving the investment adjustment certificate in late February.