Vingroup grants VinFast $1.4 billion loan as losses continue

Vietnam’s leading EV manufacturer, VinFast, secured a loan totaling 35 trillion Vietnamese dong ($1.4 billion) from its parent company, Ving...

4 dead after Tesla bursts into flames, doors won’t open in Toronto crash

Four individuals of Indian descent were killed after a Tesla Model Y EV burst into flames following a crash in Toronto last month. What happ...

Ford CEO reveals he drives a Chinese-made EV: ‘I don’t want to give it up’

Ford CEO Jim Farley revealed he drives a $30,000 Xiaomi SU7 electric vehicle, a Chinese-made sedan unavailable in the U.S. due to tariffs an...

Indian man demands refund after waiting 7 years for pre-ordered Tesla

An Indian businessman claimed a refund for the Tesla Model 3 he pre-ordered in April 2016 after waiting for nothing for seven years. Vishal ...

Chinese smartphone maker Xiaomi begins deliveries of its first EV

Chinese smartphone company Xiaomi has started deliveries of its first electric vehicle (EV) sedan, with 5,000 “Founder’s Edition...

China’s BYD unveils dancing EV supercar that costs $233,000

China’s electric vehicle (EV) manufacturer BYD unveiled its latest high-end vehicle, the Yangwang Ultimate 9, which can dance and drive on t...

VinFast reports $2 billion loss in 2023 despite 90% increase in revenue

Vietnamese electric vehicle (EV) manufacturer VinFast has reported a net loss of over $2 billion in 2023 despite a 90% increase in revenue. ...

Vietnamese EV maker VinFast unveils electric pickup truck concept

VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, unveiled its electric pickup truck concept at the 2024 Consumer Electro...

China’s BYD snatches Tesla’s crown as world’s largest EV maker

Tesla has lost its position as the world’s largest electric vehicle (EV) manufacturer to Chinese rival BYD in the final months of 2023...

VinFast opens first US dealership in North Carolina

VinFast launched its first American car dealership in North Carolina this week. About the dealership: Leith VinFast, operated by the Raleigh...

VinFast reports $623 million net loss despite EV sales of $342 million

Vietnamese electric vehicle (EV) maker VinFast has reported a significant year-on-year revenue net loss two months after the company made it...

Vietnamese EV maker VinFast to import new crossovers for US market

Vietnamese electric car manufacturer Vinfast will import three variants of its crossovers to the U.S market to join its already released VF ...

Vietnamese EV maker VinFast is now worth almost as much as Ford, GM combined

Vietnamese electric vehicle (EV) maker VinFast is now valued at $85 billion as the company’s shares skyrocketed with its Nasdaq Global...

Chinese EV maker Zeekr to debut luxury sports car with 641 miles of range

Zeekr’s foray into the luxury sports car market will see the company diversifying its offerings and competing on the trend of cost-eff...

Nissan becomes first Asian automaker to support Tesla’s charging connector for NA market

On Wednesday, Nissan became the first Asian automaker to incorporate Tesla’s North American Charging Standard (NACS) charging port into its ...

Vietnamese EV maker VinFast has only 128 car registrations in US since January

Vietnamese automaker VinFast is struggling in the United States due to a low number of new-vehicle registrations. Registration shortage: Cit...

VinFast recalls first batch of EVs in US due to safety risk

Vietnamese electric vehicle (EV) maker VinFast is recalling its first batch of vehicles in the U.S. due to a dashboard display error that po...

VinFast cuts EV lease prices for first US buyers

VinFast is reportedly slashing the lease price of its VF 8 City Edition model for buyers in California, with deliveries starting on Wednesda...

Elon Musk says Tesla’s Chinese rivals ‘work hardest, smartest’

Elon Musk said that Tesla’s closest competitor is likely a Chinese company as they “work the hardest and the smartest.” On Tesla’s earnings ...

California doctor accused of intentionally driving Tesla off cliff with family on board

A man from Pasadena was arrested for attempted murder and child abuse for allegedly driving a Tesla off a cliff in Northern California with ...

Tom Zhu: Tesla’s China chief is now the company’s most powerful executive after Elon Musk

Tesla’s China chief Tom Zhu is reportedly the second highest-profile executive of the billion-dollar electric vehicle (EV) company aft...

S. Korea fines Tesla $2.2 million for overstating driving range of EVs

Before you read:  Videos of Teslas malfunctioning in below-freezing temperatures go viral The Korea Fair Trade Commission (KFTC) announced t...

Vietnamese EV automaker VinFast opens 4 new stores in California 

Before you read: Vietnamese EV automaker VinFast to open first 6 showrooms in US this week Vietnamese EV maker VinFast ships 999 cars for US...

Vietnamese EV maker VinFast files US IPO, selects T-Mobile as internet provider

Vietnamese electric vehicle maker VinFast has filed for an initial public offering in the U.S. and selected T-Mobile as its connectivity pr...

Vietnamese EV maker VinFast ships 999 cars for US debut

Vietnamese electric vehicle (EV) maker VinFast shipped its first batch of 999 EVs to the U.S. on Friday. “The export of the first 999 VF 8...

Chinese EV automaker unveils $70,000 electric SUV to take on Tesla’s Model X and Y

NIO, Tesla’s electric vehicle (EV) rival in the Chinese market, announced its first mid-large 5-seater electric SUV at a product launch on ...