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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 The new facility represents an investment of around €1.2

Slovakia 273
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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.

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

Setec Powerr

Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 Southeast Asia’s new energy vehicle market is expected to grow from about $500 million in 2021 to $2.67 Thousands of EV chargers have already provided quality services to EV owners in Southeast Asia.

Asia 97
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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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Auto supplier Forvia posts organic sales growth for Q1 on strong N.America – ET Auto

Baua Electric

billion euros worth of new orders in the quarter, more than half of which came from Asia on the back of new deals with Chinese automakers. European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders.

Auto 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. The VinFast VF 8–now on sale in the U.S.

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 million units (approximately 15% of total sales) as of 2030. In Japan, four major Japanese motorcycle manufacturers—Honda, Kawasaki Motors, Ltd.,