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World EV Sales Now Equal 17% Of World Auto Sales

CleanTechnica EVs

In October, global plugin vehicle registrations were close to beating their previous monthly sales record (1,291,000 units), which was just. continued] The post World EV Sales Now Equal 17% Of World Auto Sales appeared first on CleanTechnica.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Following recent Q4 2023 results that relayed a miss on annual delivery targets, Vietnamese EV automaker VinFast continues to bolster its global presence with the help of distribution specialists. FTC: We use income earning auto affiliate links. To begin, BAT will sell four VinFast SUV models: the VF 6, VF 7, VF 8, and VF 9.

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VinFast announces new EV facility in India

Teslarati

. “We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties but will also help accelerate the green energy transition in India and the region,” said Tran Mai Hoa, VinFast Global’s Deputy CEO of Sales and Marketing. In August 2023, VinFast Auto Ltd.

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VinFast (VFS) EV deliveries pick up in Q4 but not enough to beat its 2023 target

Baua Electric

The EV maker has now handed over 42,291 electric vehicles globally since it first in 2021. Tran Mai Hoa, VinFast’s Deputy CEO of Sales and Marketing, said although Q4 deliveries jumped from Q3 , “slow EV adoption rate in certain regions” impacted its delivery plans. VinFast confirmed the VF 3 will be sold globally.

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. The auto industry is making strides to replace the traditional sources of fuel with the carbon-free fuel.

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Vietnamese EV maker VinFast signs MoU with TN Govt to invest USD 2 billion, plant construction to begin in 2024 | Autocar Professional

Baua Electric

This move is a significant step in VinFast’s global expansion, which offers the brand an entry into the world’s third-largest car market. “The This initiative forms a crucial part of VinFast’s strategy to establish a strong presence in key markets and strengthen its supply chain for global expansion,” added the statement from the company.

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