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VinFast to build EV and battery factory in North Carolina

Green Car Congress

Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. Automotive assembly plants are incredible engines for economic growth, due to the positive ripple effects they create across a region’s economy.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

thousand in 2017. Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. Across all emerging markets surveyed, 2018 investment fell to $133 billion, lower than not just the 2017 total but the 2015 figure as well.

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

Flash Drive: 2023 VinFast VF 8 The First Car Vietnamese Car Comes To North America When Vietnam’s largest company, the VinGroup, announced in 2017 they were entering the automobile manufacturing business, it probably didn’t get too much notice. The company exudes confidence and optimism.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

Substantial emission reductions due to fuel economy standards for passenger cars are already included in the current policy scenario. In early 2017, an additional 273 GW of coal-fired capacity was under construction and 570 GW in pre-construction. A shift to more electric vehicles is also included. GtCO 2 ).

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Ford issues 2015 trends report; the emergent role of Generation Z

Green Car Congress

As of June 2013, there were more than 61 million active mobile money accounts worldwide; by 2017, there are expected to be 450 million mobile payment users. US adults under age 35 are 63% more likely to agree than adults ages 35+ that “The share economy allows me to take more risks.”.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). This was the second-highest annual figure ever (after 2017’s $313.3 billion, Vietnam 89% higher at $7.4

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Sales in emerging markets are increasing, led by Southeast Asia and Brazil, India and Thailand Electric car sales continued to increase in emerging market and developing economies (EMDEs) outside China in 2023, but they remained low overall. Domestic front-runner VinFast, established in 2017, accounted for nearly all domestic sales.