Electric Vehicles & Mobility

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding (MOU) with Shell Hong Kong Limited (Shell) and Sime Darby Motors Group, who joined hands to commit HK$50 million ($6.37 million) to the alliance over a three-to-five-year period.

la Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC) in Bangalore. BIC will be one of the world’s largest and most advanced cell research and development (R&D) facilities with more than 165 unique and cutting-edge lab equipment to…

Vietnamese electric vehicle manufacturer VinFast announced Friday the simultaneous opening of the first six VinFast Stores in California. In 2022, the firm will continue to open more than 30 stores in California, while also exploring expansion to other states across the United States.

Vietnamese electric vehicle manufacturer VinFast announced Thursday it has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the United States.

Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.

VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…

As systems evolve towards fully autonomous driving, data-driven services, and much greater personalization in the software-defined car, robust, high-performance, and secure connectivity will become increasingly indispensable.

VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands. The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.

"Tesla announced a 10 percent of workforce reduction. My role was chosen to be eliminated as of today," the firm's country manager in Singapore Christopher Bousigues wrote in a LinkedIn post on Sunday.

Gozem and IFC join forces to co-develop a $10 million project that will enable Moto-Taxi drivers in Togo and Benin to access affordable vehicle financing to purchase or rent bikes with the ultimate goal of increasing their take-home income. The project will also validate that electric bikes are a suitable replacement for the current petrol bikes and that…