EV

LG Energy Solution Releases 2024 Third-Quarter Results

October 28, 2024 | 08:56

LG Energy Solution today announced its third quarter earnings, along with its quarterly progress reports and action plans for EV and energy storage system battery businesses.

GSM enters ride-hailing market with Xanh SM Bike Platform

October 02, 2024 | 18:13

GSM has launched its Xanh SM Bike Platform, offering an 80 per cent revenue share and incentives for VinFast electric motorcycle drivers.

China seeks favourable conditions to expand automotive investments in Vietnam

October 01, 2024 | 16:39

China has called for policies to create a more favourable business environment for its automotive companies to expand their investments in Vietnam.

GSM and Mai Linh to enter auto repair services in Vietnam

September 16, 2024 | 19:35

GSM and MeKong Xanh, a subsidiary of Mai Linh Group, formed a joint venture on September 12 called MeKong Xanh SM.

MoT takes the wheel in EV promotion

September 05, 2024 | 21:00

The Ministry of Transport has proposed policies to accelerate the transition to electric vehicles, which are expected to significantly advance the greening of Vietnam’s road transport sector.

Price incentives can electrify transport

September 05, 2024 | 09:47

Ensuring sufficient electricity demand and incentives on electricity prices can promote the electrification of transport, contributing to accelerating the net-zero process by 2050.

Pointed pivot can ensure EV success

September 05, 2024 | 09:41

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.

China’s EV inroads ring alarm bells

August 16, 2024 | 13:00

A wave of car manufacturing factory closures in Thailand is spreading due to China’s aggressive electric vehicle entry and price cuts, posing questions for other countries in Southeast Asia.

Several Vietnamese banks agree to finance EV purchases

July 22, 2024 | 19:58

Chinese EV giant BYD has agreed a deal with VPBank, BIDV, and VietinBank to provide financing solutions for its Vietnamese customers.

Raft of Chinese electric vehicle groups expand into Vietnam

July 19, 2024 | 15:11

Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.

VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant

July 12, 2024 | 09:30

VinFast is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.

Vietnam remains focused on EVs for sustainable growth

May 10, 2024 | 16:36

A recent HSBC report indicates Vietnam is prioritising EVs as a key driver of sustainable economic growth.

Hyundai to invest more than $50 bn in South Korea in major EV push

March 29, 2024 | 11:26

Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.