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VinFast exports its first batch of EVs: 999 VF8s to US

Green Car Congress

Vietnam-based EV manufacturer VinFast held a ceremony to mark its first batch of exports of electric vehicles: 999 VF 8s headed to the United States. This batch is being transported by the Silver Queen —a Panamanian charter ship—and is expected to arrive in a California port about 20 days after departing from Hai Phong, Vietnam.

Vietnam 273
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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. VinFast has established global operations in the US, Canada, Germany, France and the Netherlands.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
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Skoda Kushaq and Slavia CKD kits to be exported from India. Check details

Baua Electric

By: HT Auto Desk | Updated on: 24 Jan 2024, 09:56 AM Out of the 8.88 Moreover, India will serve as a logistics hub for completely-knocked-down (CKD) kits of the Kushaq and Slavia models manufactured in India for the Vietnamese market Read more Skoda Auto has announced to have produced 52,000 vehicles in India. lakh cars in 2023.

Kits 52
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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. The auto industry is making strides to replace the traditional sources of fuel with the carbon-free fuel.

Auto 40
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Posco begins derisking rare earth permanent magnet supply chain | Autocar Professional

Baua Electric

Posco International, which is looking to de-risk its supply chain for rare earth permanent magnets from China, has announced that it has bagged large-scale orders through its overseas subsidiaries. The company’s U.S.

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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers.