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VinFast in a major reshuffle to target US market

Baua Electric

VinFast VF 8/Source: VinFast Vietnamese EV maker VinFast has announced a new CEO at the helm, and an aggressive new strategy to expand globally while gaining a foothold in the US. And while the company has huge global ambitions, sales volumes have been small – so it has a lot to prove. FTC: We use income earning auto affiliate links.

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

Green Car Congress

Rare earth materials sourced from Mountain Pass will be transformed into metal, NdFeB alloy and magnets at a new production facility MP Materials today announced it will build in Fort Worth, Texas, delivering an end-to-end US supply chain. —Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

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GM makes its largest green energy purchase to date; 50 MW wind deal

Green Car Congress

General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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Linear Labs to begin mass production of high-torque M200 e-mobility motor in September

Green Car Congress

million economic incentive deal with the City of Fort Worth. This technological breakthrough has as big of an impact on minimizing global energy consumption as any major battery breakthrough could have. The announcement comes on the heels of a $68.9-million

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

Despite the brand initially looking like another automotive startup doomed to failure, it’s managed to outlast much of the competition and continues to express a desire to break into the North American market. But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles.

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LEAF sales hit 50K mark in US, almost 115K worldwide

Green Car Congress

Dallas—and the state of Texas—have become hot growth markets for LEAF. Dallas-Fort Worth and Houston are among 10 launch markets for “No Charge to Charge,” a new promotion that provides two years of no-cost public charging to new LEAF buyers who took delivery of their car after April 1, 2014.

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Tesla’s Elon Musk gives Rivian invaluable advice on manufacturing

Teslarati

based automotive plant potentially landing in Fort Worth, Texas , Musk stated it might be more beneficial to ramp its first plant before committing to a second one, as unit costs can be difficult to keep affordable in the early manufacturing stages. After reports of Rivian’s second U.S.-based