Jakarta, Indonesia, February 15, 2024 — VinFast Auto today debuts the company’s first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024. Indonesia’s President, Joko Widodo, made a notable appearance at the event and autographed the VinFast VF 5 showcased in VinFast’s booth. The official … [continued]
If you’re wondering who is winning in the growing electric vehicle market, you should know by now that Tesla and BYD are far ahead of the pack. We’ll have much more detail on the models and brands leading sales in our monthly World EV Sales Report later today. However, first, … [continued]
Announces new partnerships on energy decarbonization modeling, investment mobilization, and battery energy storage systems and launches next cohort of Climate Smart Women Energy Leaders DUBAI, UNITED ARAB EMIRATES — During the 28th Conference of the Parties to the U.N. Framework Convention on Climate Change, the United States and Net Zero … [continued]
Plans are already in the works to expand a new floating solar power plant in Indonesia, setting the stage for similar projects around the world.
The 2023 APEC Summit held in San Francisco last week marked a pivotal moment in the region’s commitment to transitioning towards a sustainable transportation future. In various conferences, ASEAN leaders pledged to accelerate their adoption and foster a conducive environment for EV growth. In a joint declaration issued at the … [continued]
The SAIC-GM-Wuling collaboration has been doing well in China and launching some pretty cool small affordable EVs, riding on the success of the Wuling Hongguang Mini EV. One of the iterations of the Hongguang Mini EV, the Wuling Air, has a right-hand drive model that is built in Indonesia. It … [continued]
This month has witnessed the commercial opening of the first high-speed train line in the world’s southern hemisphere. The new rail line, between the Indonesian cities of Jakarta and Bandung, cuts journey time from around 3 hours, down to just 45 minutes. KCIC high-speed train. KCIC press image. The new … [continued]
Looks like there is more than one way to skin a cat. The USA has effectively locked out Chinese batteries from its domestic market, but what if components like LFP cathodes are made in Morocco, in a factory financed by a Chinese–Korean partnership? Sounds complicated, but it might just work, … [continued]
Based on the results of its unaudited financial report for the 3rd quarter of 2023, Vietnamese car maker VinFast’s revenue is up 159% to $343 million year-over-year. The increase in revenue was driven by strong sales of the company’s electric vehicles (EVs) in Vietnam. Its performance gives it the confidence … [continued]
One month ago VinFast executives led by Madame Thuy Le ring the opening bell to celebrate its listing on the Nasdaq Global Select Market. This month they announced opening shop in Indonesia and several other Southeast Asian countries by early 2024
