Electric Vehicles

Factory usage could fall below 50% once new factories come online.

The aim is for 40% of all cars and urban buses and 70% of motorbikes to be electric by 2050.

Will a bold plan for American sales, production, and IPO pay off for the challenger?

The Vingroup arm also announced a battery subscription service and will issue NFTs.

The move follows the Vingroup unit’s plan to build an EV factory in North Carolina.

Supplies of nickel and lithium have failed to keep pace with growing demand.

Nio, Xpeng, and Li Auto have laid the foundation for major automakers to launch new electric vehicles.

Shipments jumped 160% with EU-bound EVs growing fivefold to 230,000.