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GSM officially launches Vietnam’s first pure electric taxi firm

Green Car Congress

Green and Smart Mobility Joint Stock Company (GSM) officially began operating the first pure electric taxi service in Vietnam: Green SM Taxi. Green SM Taxi will first operate in Hanoi, followed by a nationwide expansion to at least five provinces and cities this year, in line with the company’s strategic plan.

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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. The filings paint a pretty interesting picture of VinFast, whose entry into the US stock market was marked by volatility. Out of the 2.3

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VinFast announces new EV facility in India

Teslarati

. “We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties but will also help accelerate the green energy transition in India and the region,” said Tran Mai Hoa, VinFast Global’s Deputy CEO of Sales and Marketing. In August 2023, VinFast Auto Ltd.

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

Baua Electric

Tran Mai Hoa, VinFast’s Deputy CEO of Sales and Marketing, said although Q4 deliveries jumped from Q3 , “slow EV adoption rate in certain regions” impacted its delivery plans. VinFast’s parent company, VinGroup, established GSM , an EV rental and taxi company, last March to expand its electric cars and scooters in Vietnam.

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

Baua Electric

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the people said, adding that this was separate from its previously announced plans to assemble vehicles shipped in parts from Vietnam. VinFast, which competes with carmakers such as Tesla and China’s BYD, declined to comment.

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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 138
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Yunnan Investment Group and BYD to open new energy vehicle plants in Southwest China

Green Car Congress

Yunnan Province, located in far southwest China, has a population of about 50 million, concentrated in about eight large cities, and borders with Myanmar, Laos, and Vietnam. Currently, the province’s main manufacturing industries are iron and steel production, copper-smelting and commercial vehicle production.

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