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New EV policy to aid premium-quality SUV launches in India, says VinFast India CEO | Autocar Professional

Baua Electric

Lauding India’s new policy that promotes electric car manufacturing and cuts import duty on certain cars, Vietnamese automaker VinFast Auto’s India Chief Executive Officer Pham Sanh Chau said the policy will help the company to introduce premium-quality sports utility vehicles at inclusive prices.

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

In a short five years VinFast has gone from an idea to entering the North American market with the first-ever cars built in Vietnam by a Vietnamese company. VinFast invited Canadian and American automotive journalists to California to drive the 2023 VF 8, an all-electric midsize two-row SUV.

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EVs market share continues to grow in Norway

Push EVs

February saw Norway’s plugin electric vehicle share continue to grow to 90.1%, from 86.1% All the growth came from full electrics, whilst plugin hybrids lost share. The bestselling vehicle was the Tesla Model Y. full electrics (BEVs), and 7.0% year on year. Overall auto volume was 7,439 units, down some 9% YoY.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. Around 2% of all cars sold were electric. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units.