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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. Volvo Cars has an ambition to move towards annual sales of 1.2 Together, these facilities can produce 600,000 cars per year.

Slovakia 273
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Tesla’s Tenuous Hold On EV Market May Mean Opening Up South Asia

CleanTechnica EVs

The broad brush strokes of the upcoming discussions reportedly will affirm the company’s investment plans in the South Asia nation — including setting up a manufacturing facility and increasing purchases of auto parts.

Asia 102
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. What is the mystery behind it?.

Asia 97
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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing.

Asia 199
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Zac Hollis joins VinFast as its Asia head | Autocar Professional

Baua Electric

Zac Hollis, former brand director of Skoda Auto India, has joined Vietnamese EV major VinFast as its Asia Head. VinFast has, earlier this month, signed an MoU with the Tamil Nadu government to set up an integrated EV manufacturing plant in the state. Despite multiple attempts to reach Zac Hollis, he was unavailable for comments.

Asia 52
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Asian EV Manufacturers You Should Know

Clean Fleet Report

Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. Below are just some of the EV manufacturers worth knowing about. It is also currently the best-selling car brand in China.

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Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. Tesla has been trying to break into India’s car market for a few years, but can’t seem to reach a compromise with the nation’s government. The EV manufacturer made real progress in India in 2021 when it acquired several business licenses.

Asia 98