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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 million EV sales. This article was co-written using AI and was then heavily edited and optimized by our editorial team.

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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

Reuters reported in September VinFast had begun hiring for sales, legal and back office jobs in India, seeking recruits who “dare to think, dare to do, and dare to face difficulties.” ” It is not immediately clear what the size of the investment is or when a VinFast factory will become operational in Tamil Nadu. .”

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

last year put itself up for sale after a slump in the cobalt price left it struggling to finish key projects in the Democratic Republic of Congo, and London-based Horizonte Minerals Plc scaled back work on its Brazilian nickel mine as it searches for funds to complete construction, and announced an emergency USD 20 million financing late last year.

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