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VinFast announces new EV facility in India

Teslarati

Over half of VinFast’s 1H23 sales were to parent company VinGroup’s taxi firm Both parties agreed to work towards a total investment of $2 billion into the EV facility. “EV manufacturing companies are not only important economic drivers but also powerful accelerators to the State’s green vision.

India 103
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KPMG study finds autonomous vehicles & mobility services could add one trillion more vehicle miles traveled annually by 2050

Green Car Congress

According to KPMG’s Gary Silberg, National Automotive Leader for KPMG, the increasing desire for mobility options will present “huge opportunities for new entrants and business models in the auto industry.”. Parents like the idea of not having to play taxi for their kids,” said Silberg. We grossly underestimated that trend.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

This approach of virtually redesigning the tax structure within the auto industry also stands out amongst other countries, which mainly rely on direct subsidies to incentivize EV purchases over internal combustion engine cars. By 2023, all taxis are set to be emission-free and the wireless system will help support this goal.

Global 83
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Argonne white paper outlines battery and R&D requirements for electric aviation

Green Car Congress

A new white paper published by the Argonne National Laboratory Collaborative Center for Energy Storage Science (ACCESS) outlines a clear set of battery requirements and research and development needs to accelerate the commercialization of electric propulsion for aviation—from air taxis in the near term to 737 class aircraft in the long term.

Batteries 459
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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

As the demand for electric autos continues to rise, it’s clear that India is driving full-speed towards a sustainable future, setting an inspiring example for other nations to follow. Environmental benefits of electric autos Electric autos offer numerous environmental benefits compared to traditional gasoline-powered vehicles.

India 98
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China’s EV Subsidy

Revenge of the Electric Car

China is starting a program to subsidize buyers of battery-powered and plug-in hybrids. Government Aims to Create Strong Domestic Industry but Generous Rebates Risk a Backlash as Rich-Poor Divide Grows. All-electric e6 vehicles made by BYD charge up in Shenzhen, where the cars are used as taxis. Read more in the Wall St.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

gasoline-powered vehicles could be delayed. If electric cars can’t break out of niche status in the world’s two largest passenger car markets, then a transition away from gasoline-powered vehicles could be delayed. China overtook the US last year as the largest auto market in the world. car’s introduction.

China 133