Wednesday, 2 April 2025

Focus on VinFast Auto Ltd.

The Hyundai IONIQ 9, a three-row electric SUV is unveiled during a Hyundai event in the Hollywood Hills in Los Angeles, California, U.S., November 20, 2024. REUTERS/Daniel Cole
BusinessElectric Vehicles (EVs)NewsTransport

Hyundai unveils big electric SUV in fast-growing market

Hyundai's IONIQ 9 will roll out in the United States and Korea early next year with a range of more than 300 mile.

FILE PHOTO: The VinFast VF3 eSUV is displayed at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 9, 2024. REUTERS/Steve Marcus/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company

VinFast will receive $3.35B from founder Vuong and Vingroup by 2026 to expand globally and support break-even efforts.

News ReleaseNews

The VinFast VF 8 – The Ideal Car for a 'What-If' Family

MARKHAM, Ontario--(BUSINESS WIRE)--In Canada’s auto market, the VinFast VF 8 stands out as a mid-size electric vehicle crafted with family needs in mind....

Indonesia aims to become one of the world's top three producers of EV batteries. Indonesia could be perfectly placed to become a battery-making giant because it has the world's largest nickel reserves. (AFP)
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Indonesia bets on SE Asia’s first battery plant to become EV hub

Indonesia hosts the world's largest nickel reserves — now, the country is looking to capitalize on them and kick start its battery industry.

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTransport

Vietnamese EV maker VinFast reports wider sequential gross loss

VinFast, which started delivering cars in California last year, reported a gross loss of $224 million in the April-to-June period.

FILE PHOTO: A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EV firm Polestar taps former Stellantis finance executive as CFO

Jean-Francois Mady appointed CFO of Polestar as the EV maker faces tussle over EU tariffs and stiff competition.

FILE PHOTO: A VinFast EV is seen plugged in at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston
AutomotiveElectric Vehicles (EVs)InfrastructureNewsTransportUtilities

Vietnam plans electricity subsidies for EV charging stations

Vietnam is planning to subsidise electricity prices for EV charging stations, as part of its efforts to meet energy transition commitments

News Release

Why the VinFast VF 8 is the Ideal Choice for the Future of Green Mobility in Canada

MARKHAM, Ontario--(BUSINESS WIRE)--If you're in Canada, now is the ideal time to consider an EV thanks to significant government incentives. But with so...

FILE PHOTO: The logo of Vietnam's VinFast, a fledgling electric vehicle (EV) maker, is pictured in a sales location at a shopping mall in Santa Monica, California, U.S., May 23, 2022. Picture taken May 23, 2022. REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Vietnam’s VinFast delays US electric car plant amid market slowdown

VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 amid uncertainties in the global EV market.

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