VinFast, a Vietnamese automaker, is reportedly planning to tap into the hybrid vehicle market by next year. The company will reportedly add gasoline-powered generators to its existing electric vehicle models, easing the transition for consumers into the electric vehicle market. VinFast’s Hybrid Vehicle Plans Informed sources have revealed that VinFast is gearing up to roll…
Vietnamese automaker VinFast has outpaced Tesla in India’s electric vehicle (EV) market, signaling an early but significant shift in the country’s premium EV segment. According to October 2025 industry data, VinFast recorded 131 retail sales, surpassing Tesla’s 40 units for the same month. The VinFast VF7 and VF6 are brand’s first models for India While…
11/03/2025 – 06:00 AM MARKHAM, Ontario–(BUSINESS WIRE)– As government incentives fade and growth cools, Canada’s electric vehicle market is shifting from subsidy-driven expansion to a more mature focus on value, trust, and long-term ownership appeal. Canada’s…
Customers receive electric vehicle consultations at a dealership on To Ngoc Van Street in Linh Xuan Ward, Ho Chi Minh City. Photo: Thanh Hiep / Tuoi Tre Against the backdrop of policies gradually limiting gasoline vehicles in Hanoi and Ho Chi Minh City, the EV sector is…
Vietnamese EV manufacturer VinFast has opened its first showroom in India, located in Surat, Gujarat, ahead of the launch of its upcoming manufacturing plant, days after Tesla made its desi debut. Located in Piplod in Surat and spread out on 3,000 Sq.Ft. the facility will offer product experiences, vehicle purchase journeys, and after-sales support. The…
By Lien Thuong, Minh Hue Mon, July 14, 2025 | 4:46 pm GMT+7 The shift toward greener mobility has been underway in Vietnam and the local electric vehicle (EV) market is expected to see double-digit growth thanks to favorable policies, infrastructure development, automakers’ efforts, and a young consumer base. A VF 9 electric car…
Understanding the electric vehicle market has become increasingly important over the past several years as EV sales have really started to explode. Looking forward, EVs are likely to become a larger part of the overall economy, presenting a significant opportunity for investors. The International Energy Agency reported that in 2024, 20% of new cars sold were electric…