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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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Zomato to liquidate Vietnam subsidiary after shutting Poland business – ET Auto

Baua Electric

Zomato has initiated the liquidation process for its Vietnam business, Zomato Vietnam Company Limited (ZVCL), the food delivery platform said in a regulatory filing on the BSE on Thursday. The liquidation process is expected to be completed within four-six months of receiving the approval.

Vietnam 52
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Siemens and Vinamotor launching first diesel-electric series hybrid bus in Vietnam

Green Car Congress

Siemens and the Vietnam Motors Industry Corporation (Vinamotor) are launching the first hybrid bus with a combined electric/diesel drive in Hanoi. The project is the first of its kind in Vietnam. Vinamotor hybrid. Click to enlarge. The vehicle uses the ELFA series hybrid drive system developed by Siemens.

Vietnam 220
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VinFast to build EV and battery factory in North Carolina

Green Car Congress

Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. The project in North Carolina affirms VinFast’s commitment in investing and developing business in its international markets in general and the US in particular.

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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

Green Car Congress

It is expected to become an important foundation for the expansion of hydrogen infrastructure at Incheon International Airport, Incheon Port, and industrial complexes. The first phase project is thus also one of the pillars of the Incheon city hydrogen cluster construction project. In the second phase, SK will invest 5.3

Hydrogen 376
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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. AIDA specialises in metal forming equipment for the industry.

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Hankuk Carbon, Dymag partner to mass manufacture carbon composite wheels for automotive

Green Car Congress

The collaboration, announced at JEC World in Paris, will apply Hankuk Carbon’s expertise in advanced materials and industrialization, leveraging Dymag’s expertise in manufacturing lightweight carbon composite wheels for the high-performance and luxury vehicle markets.

Carbon 259