Remove Green Remove Sale Remove Taxi Remove Vietnam
article thumbnail

Over half of VinFast’s 1H23 sales were to parent company VinGroup’s taxi firm

Teslarati

It appears that over half of Vietnamese electric vehicle startup VinFast’s sales during the first half of 2023 were to a taxi firm that’s owned by VinGroup, the automaker’s parent company. The sales were revealed in filings with the United States Securities and Exchange Commission (SEC). Out of the 2.3

Taxi 103
article thumbnail

VinFast announces new EV facility in India

Teslarati

. “We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties but will also help accelerate the green energy transition in India and the region,” said Tran Mai Hoa, VinFast Global’s Deputy CEO of Sales and Marketing.

India 109
article thumbnail

VinFast (VFS) EV deliveries pick up in Q4 but not enough to beat its 2023 target

Baua Electric

Tran Mai Hoa, VinFast’s Deputy CEO of Sales and Marketing, said although Q4 deliveries jumped from Q3 , “slow EV adoption rate in certain regions” impacted its delivery plans. Despite deliveries picking up all year, around two-thirds of VinFast’s Q2 and Q3 sales were to Green and Smart Mobility (GSM).

Vietnam 98
article thumbnail

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

Baua Electric

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the people said, adding that this was separate from its previously announced plans to assemble vehicles shipped in parts from Vietnam. VinFast, which competes with carmakers such as Tesla and China’s BYD, declined to comment.

India 40