Tag: EV

Retail Asia08/11/2023
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2min0
Vietnam’s first electric vehicle (EV) maker VinFast plans to build a plant with an investment capital of 18.6 trillion Rp (US$1.2 billion) in Indonesia, according to Presidential Chief of Staff of Indonesia Moeldoko. Moeldoko told a press on Nov. 6 that the construction will begin as soon as possible. He, however, did not reveal further […]

Retail Asia30/08/2023
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2min0
Zurich-based energy transformation specialist EIP is putting the assets of Swiss pension funds into a joint venture for electric mobility. The partners want to set up 100 new domestic charging stations for e-cars. Energy Infrastructure Partners (EIP), a Zurich-based energy transformation asset manager, signed an agreement with French e-charging station operator Electra on behalf of a […]

Retail Asia10/07/2023
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2min0
Mercedes-Benz is the latest manufacturer to partner with Tesla to integrate NACS (North American Charging Standard) charging ports across its lineup of electric vehicles. This will provide electric vehicles from the brand with access to Tesla’s supercharger network. The German company will manufacture its vehicles in North America with NACS ports starting from 2025 onwards. […]

Retail Asia30/06/2023
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1min0
Chinese manufacturer Wuling has introduced the cheapest electric vehicle models in Vietnam. The newly-launched mini electric vehicle models were launched Thursday for prices starting at VND239 million ($10,139). The Wuling Hongguang Mini EV, which is assembled in Vietnam’s northern province of Hung Yen, is one of the smallest electric vehicles in the country. The four-seater, […]

Retail Asia08/02/2023
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4min0
Volvo Vietnam said it is planning to sell electric vehicles assembled in Malaysia this year. The first EV model expected to arrive in Vietnam is the C40, an SUV. Volvo Car Malaysia (VCM) has announced plans to export EVs to Vietnam and the Philippines this year as part of efforts to transform Malaysia into an […]

Retail Asia08/02/2023
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1min0
Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market as the startup grapples with a stalled shipment of its first cars and prepares for a potential stock listing. The Vietnamese company, a subsidiary of conglomerate Vingroup JSC (VIC.HM), […]

Retail Asia30/01/2023
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7min0
Tesla’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest. The company slightly beat Wall Street targets for fourth-quarter revenue and profit earlier on Wednesday despite a sharp decline in vehicle profit margins, and it sought […]

Retail Asia12/12/2022
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3min0
Hyundai Motor Group and SK On said Thursday they will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker’s U.S. assembly plants. Hyundai Motor Group and SK On, the lithium-ion battery subsidiary branch of SK Innovation, recently signed a memorandum of understanding (MOU) for a new EV […]


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