Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional
Baua Electric
MAY 7, 2024
Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth. VinFast is looking to enter regional markets, such as India, where it broke ground on an integrated EV manufacturing plant in February 2024 , and the Philippines.
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