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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. VinFast reported 11,300 vehicle sales in the first half of 2023. VinFast reported 11,300 vehicle sales in the first half of 2023.

Taxi 62
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VinFast (VFS) EV deliveries pick up in Q4 but not enough to beat its 2023 target

Baua Electric

The EV maker has now handed over 42,291 electric vehicles globally since it first in 2021. VinFast’s parent company, VinGroup, established GSM , an EV rental and taxi company, last March to expand its electric cars and scooters in Vietnam. VinFast delivered 34,855 EVs in 2023.

Vietnam 98
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VinFast announces new EV facility in India

Teslarati

Vietnamese electric vehicle (EV) automaker VinFast announced it would build an integrated EV facility in Tamil Nadu, India. VinFast aims to reach an annual production capacity of 150,000 electric vehicles at its new facility. The new EV facility in India will be located in Thoothukudi.

India 76
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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

VinFast said in a statement on Wednesday that it would reveal details of its plans at “an appropriate time” Vietnamese electric vehicle maker VinFast is set to open its first Indian manufacturing facility, where it will make batteries, in the southern state of Tamil Nadu, three people familiar with the matter said.

India 40
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Hyundai & Grab Want To Accelerate EV Adoption In Southeast Asia

CleanTechnica EVs

Hyundai and Grab, which provides taxis and rental cars in markets in Southeast Asia, are in the mood to electrify. Down in Southeast Asia, the duo are partnering to offer more electric cars as rentals. But that’s not all! The two companies plan to also push battery-as-a-service and EV financing forward.

Asia 139
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Yunnan Investment Group and BYD to open new energy vehicle plants in Southwest China

Green Car Congress

Yunnan Investment Holdings Group and BYD intend to open new energy vehicle manufacturing plants in Yunnan Province, expanding BYD’s EV and new-energy businesses into southwest China and neighboring Asian countries. However, the province’s vast mineral and metal reserves (some of the largest in. —Yunnan Authorities.

BYD 225