Electric Vehicle
Vietnam’s electric vehicle maker VinFast reports 4,893 overseas sales in Q1/2026
VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.
China’s BYD increases investment in Vietnam’s northern province to $480M
BYD Electronics (Vietnam), under Chinese giant BYD, was granted a certificate to increase its investment in Vietnam's northern province of Phu Tho to $479.8 million.
Vietnam’s EV maker VinFast expands e-scooter distribution network in Philippines with 14 partners
Electric vehicle manufacturer VinFast, under the ecosystem of Vietnam's conglomerate Vingroup, has signed memoranda of understanding with 14 e-scooter distributors in the Philippines, as part of its plan to expand its retail and service network ahead of a market launch scheduled for June 2026.
Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency
Electric car sales are generally low outside the major markets, but 2022 was a growth year in India, Thailand and Indonesia. Collectively, sales of electric cars in these countries more than tripled compared to 2021, reaching 80,000.
SWITCH 2020 recap: Mobility insights in China – Is China’s EV industry thriving or diving?
Chinese carmakers have long sought to expand overseas amid Beijing’s ambition to build a world-class auto industry, and the baton has now been passed to young Electric Vehicle makers. Are they well-positioned to sustain high growth rates into the future, and can they prove viability in the market?
