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Vietnam-based e-bike start-up MODMO began delivering its flagship model, Saigon+, in Europe earlier this year; MSRP is €2,499 (US$3,041). Developed in Ireland, and produced in Vietnam, MODMO was founded by 24-year-old company CEO Jack O’Sullivan. MODMO plans to bring the e-bike to the US market soon.
Starlink received the green light to launch its internet services in Vietnam. SpaceX can provide Starlink’s fixed and mobile internet service plans throughout Vietnam. SpaceX can provide Starlink’s fixed and mobile internet service plans throughout Vietnam. It may also offer Starlink Aviation service plans.
GM Daewoo Auto & Technology (GM Daewoo) and Vietnam Daewoo Motor Company (VIDAMCO) are launching the Chevrolet Cruze in Vietnam. VIDAMCO, which is celebrating its 17 th anniversary this year, held a launch ceremony at the Daewoo Hotel in Hanoi, Vietnam, on 16 April. —GM Daewoo President and CEO Mike Arcamone.
VinFast—a Vietnamese company ( earlier post )—is the 57 th company to be issued such a testing permit. Six companies have received a permit for driverless testing (Autox, Baidu, Cruise, NURO, WAYMO and ZOOX) while only one (NURO) has received a permit for deployment.
Li-Cycle Holdings and VinES Energy Solutions , a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. VinES is a company that specializes in the research, development, and manufacturing of advanced batteries for mobility and energy storage applications.
The Nikkei reports that a five-company consortium led by JGC Corp. has won the exclusive right to negotiate a contract to build Vietnam’s largest refinery in the northern province of Thanh Hoa. The consortium includes Chiyoda Corp., French firm Technip, and South Korean groups SK and GS.
Upstart VinFast is not your average electric vehicle company. The company was built as part of the expansive vision of parent company VinGroup, one of the largest companies in Vietnam. VinGroup aspires to be the change it wants to see in the world, for Vietnam and beyond.
Aiming to gain a competitive advantage in the global EV market, Vietnam-based EV maker VinFast has been developing a number of partnerships with developers of advanced battery technologies. The company is targeting 300 Wh/kg in the Si-rich, fast-charging cell. Earlier post.)
The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
VinFast, through a company in Vingroup, announced an investment in the tens of millions of US dollars in ProLogium ( earlier post ), a manufacturer of solid-state batteries. In the future, ProLogium and VinFast may also establish a joint-venture solid-state battery factory in Vietnam.
Vinfast reported on Saturday that it has delivered the first 100 of its VF 8 electric SUVs in its home market of Vietnam, ahead of wider availability and international deliveries in the U.S., At a delivery event held at the company’s Hai Phong manufacturing complex the company said it.
Hyundai Motor Company will begin a test operation of its RoboShuttle service on 9 August in South Korea. Ahead of the test launch, the company signed a Memorandum of Understanding (MOU) with the Sejong City Transportation Corporation on 12 July to facilitate a smooth operation of the pilot program. km route in Sejong Smart City.
Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)
billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. Korea-based SK Group will invest about 18 trillion won (US$16.4
Toyota Motor Corporation (Toyota) is introducing “total-care service,” a pioneering set of mobility services specially designed for ride-hailing companies. Through this Total-care Service, ride-hailing companies can provide their driver-partners with more cost-efficient and timely maintenance services.
Geely Auto plans to build an assembly plant in Vietnam. The Chinese automaker plans to expand production in Vietnam through its investment. The Chinese automaker announced it is forming a joint venture with Vietnam’s Tasco Joint Stock Company. It will also expand its local supply chain in Vietnam.
Vietnam-based EV manufacturer VinFast held a ceremony to mark its first batch of exports of electric vehicles: 999 VF 8s headed to the United States. This batch is being transported by the Silver Queen —a Panamanian charter ship—and is expected to arrive in a California port about 20 days after departing from Hai Phong, Vietnam.
Indonesia, Vietnam, and the Philippines are finding support in their transition to electric vehicles (EVs) through major investments led by V-GREEN, a subsidiary of VinFast. continued] The post Taiwan, Indonesia, & Vietnam Green Energy Companies Invest in Southeast Asia appeared first on CleanTechnica.
Singapore’s largest waste management company, Sembcorp, is starting a one-year field trial to assess market acceptance, cost-effectiveness and customer satisfaction of the Mercedes-Benz Econic waste collection truck with Natural Gas Technology. This marks the entry of the natural gas truck into the Asia market.
Vietnamese electric vehicle (EV) startup VinFast has announced plans to build an additional production facility in its home country, which is expected to double the company’s output and help meet increasing demand. Last month, VinFast gained commitments from parent company Vingroup for a round of funding worth $3.4
According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
The company plans to seek other foreign investors, especially for large projects, and to sign joint operating contracts to co-implement the projects. Pham Van Quang, chairman of Sao Nam Group, said the enterprise would focus its investment on oil and gas exploration and exploitation of marginal small oilfields and plots in larger fields.
The company is targeting orders in Asia for plants capable of supplying a combined total of up to 4 million kilowatts (4GW) by 2020. Marubeni has already been awarded a contract to build a 600 MW advanced-technology coal-fired power station in Vietnam. This project is Marubeni’s tenth in Vietnam. Japan’s Marubeni Corp.
Green and Smart Mobility Joint Stock Company (GSM) officially began operating the first pure electric taxi service in Vietnam: Green SM Taxi. Green SM Taxi will first operate in Hanoi, followed by a nationwide expansion to at least five provinces and cities this year, in line with the company’s strategic plan.
At CES 2022, Vietnam-based VinFast announced its new development strategy and revealed its complete electric vehicle lineup covering five segments. The company will instead focus research and development efforts on all-electric powertrains for their vehicles.
In addition to providing a Honda e: Business Bike series model to Japan Post and Vietnam Post Corporation for mail delivery, Honda is currently conducting joint trials with Thailand Post Company Limited, and planning to begin production and sales of the Benly e: in Thailand before the end of this month.
Vietnam-based electric car maker VinFast showed off more than just electric SUVs and crossovers at CES 2023. The post VinFast shows off 4 new electric bikes, as more car companies add e-bikes appeared first on Electrek. The electric automaker surprised us with four new electric bike concepts on display.
Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. The company intends to invest up to $2 billion in the project’s phase 1.
StoreDot, developer of extreme fast charging high energy battery solution for electric vehicles, has concluded a joint development agreement (JDA) with VinES, a member company of Vingroup, the largest private conglomerate in Vietnam.
The business has grown into an international provider of composite material solutions, with plants in South Korea and Vietnam and global offices in China, the UK and Germany. The company is also the market leader in the carbon composite wheel aftermarket, with more ethan 15 leading brands using its technology.
customers, and it plans to open reservations for the VF 6 and VF 7 follow-up models in March, the company announced at CES in Las Vegas last week. The first 100 VF 8 EVs were delivered in Vinfast's home country of Vietnam in September 2022. Vinfast has delivered its first VF 8 electric SUVs to U.S. Vinfast now says the first U.S.
The company will move the production of 500cc models aimed at developed countries to the Southeast Asian country. In Vietnam, Honda will ramp up its capacity by 50% to 3 million bikes and start making global models with smaller engines there. It will spend 60 billion yen [US$780 million] to boost capacity, mainly in Asia.In
GM Korea introduced the Alpheon eAssist, the first hybrid vehicle from the company and the first hybrid vehicle in its segment in Korea. GM Korea is Korea’s third-largest automotive company and represents one of GM’s largest manufacturing, design and technology hubs. Alpheon eAssist Click to enlarge.
With the shipbuilding industry increasingly concentrated in Asia, the local manufacture of Wärtsilä’s marine engines is a key element in the company’s growth strategy. Established in 2008, the company has advanced production, testing and workshop facilities making it a strong partner for Wärtsilä in targeting the Chinese shipbuilding market.
Mobileye, an Intel Company, and WILLER, one of the largest transportation operators in Japan, Taiwan and the Southeast Asian region, have formed a strategic collaboration to launch an autonomous robotaxi service in Japan and markets across Southeast Asia, including Taiwan. WILLER also partners with 150 local transportation providers in Japan.
Singapore, Indonesia and Vietnam are most evolved in their understanding with BEVs. The study was conducted by Frost & Sullivan in January 2018 in six countries: Singapore, Indonesia, Thailand, Malaysia, Vietnam and the Philippines. The highest association of electric vehicles is for BEVs at 83%.
VinFast VF 3 (Source: VinFast) Vietnamese EV maker VinFast has announced plans to build a second plant in Vietnam at a breakneck pace its fifth globally to double the production capacity of its VF 3 and VF 5 models. The new plant should create nearly 6,000 new jobs for locals, which the company said could later increase to 15,000.
The company also announced a plan to construct a new engine machining factory with production capacity similar to that of the engine assembly plant. The company will also construct a new engine machining plant to enhance its system for comprehensive production in Thailand that includes vehicle bodies, engines and transmissions.
billion boost for Vietnam’s Vinfast may help keep the company moving even if its IPO gets delayed—allowing the company to keep pushing along with its vision. And EVs still cost a whole lot extra in some cases to insure. This and more, here at Green Car Reports.
Vietnamese electric vehicle (EV) maker VinFast has announced a new funding commitment from its parent company, Vingroup, as it aims to make its EVs profitable in the coming years. billion into the EV company so far. billion into the EV company so far. A company statement highlighted the fact that around 50 trillion dong (~$1.97
GE announced the opening of GE Shenhua Gasification Technology Company Ltd., The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China.
The increase in revenue was driven by strong sales of the company’s electric vehicles (EVs) in Vietnam. Based on the results of its unaudited financial report for the 3rd quarter of 2023, Vietnamese car maker VinFast’s revenue is up 159% to $343 million year-over-year.
When Autopilot is able to handle these cases confidently, the company could roll out ambitious projects such as Elon Musk’s Robotaxi Network. . A Tesla Model X owner driving in Ho Chi Minh City, Vietnam, recently posted a video of Autopilot operating in thick traffic. Don’t hesitate to contact us for news tips.
Vietnam’s electric vehicle maker VinFast has announced a recall of 2,781 of its sports utility model VF8, sold in the domestic market, to check and replace the bolt connecting the front brake caliper to the knuckle.
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