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The First Customers Receive VinFast’s VF 5, Priced At $19,500, Batteries Not Included

CleanTechnica EVs

VinFast turned over the first batch of VinFast VF 5 smart electric vehicles to its new owners in simple ceremonies at dealers and luxury malls all over Vietnam. The concept of the economy EV was first introduced in January 2022 at the Las Vegas Consumer Electronics Show (CES), and later the same year at the […]

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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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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

Green Car Congress

Combined with the Phase 1 project, SK plans to produce and supply a total of 280,000 tons of eco-friendly hydrogen annually in Korea, and use these business experiences and capabilities to fully promote hydrogen business in Asia, including China and Vietnam.

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VinFast’s Promising Performance Encourages It To Set Up New Plants in Indonesia & India

CleanTechnica EVs

The increase in revenue was driven by strong sales of the company’s electric vehicles (EVs) in Vietnam. Based on the results of its unaudited financial report for the 3rd quarter of 2023, Vietnamese car maker VinFast’s revenue is up 159% to $343 million year-over-year.

Indonesia 117
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GM Korea introduces Alpheon eAssist; 25% improvement in fuel economy

Green Car Congress

The new Alpheon eAssist, which will go on sale in November, offers improved fuel economy of 25% and reduced CO 2 emissions of 22% compared with the standard Alpheon model. The Alpheon eAssist offer fuel economy of 14.1 It operates five manufacturing facilities in Korea as well as an assembly facility in Vietnam. Earlier post.).

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Hankuk Carbon, Dymag partner to mass manufacture carbon composite wheels for automotive

Green Car Congress

Enabling economies of scale in the manufacturing of series production carbon composite wheels, the partnership will focus on a scalable and localized approach. The business has grown into an international provider of composite material solutions, with plants in South Korea and Vietnam and global offices in China, the UK and Germany.

Carbon 259
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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

Some production activities are relocating from China and India to other developing countries, such as Indonesia, Vietnam and Thailand, particularly for raw materials and intermediate goods production in energy-intensive sectors.

Global 170