The popularity of BYD's EVs has encouraged its sole Thai distributor to dramatically expand its business. Rever Automotive said it will triple its dealerships in Thailand over the next years
One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a factory in India
The China Passenger Car Association says the country became the top auto exporter for the first time with sales likely to top 5.26 million, ahead of Japan's 4.3 million (but final figures yet to be tallied)
China's rising EV brands are a key market for automotive technology makers as they race each other to launch more automated driving functions
China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders
India has emerged as one of the biggest destinations for global investments as firms across the globe rush to diversify their supply chains from China
The move is part of VinFast’s increasing efforts to expand its overseas footprint, while for India its a boost for the country's efforts to get EV makers to manufacture at home
Electricity demand has surged due to the popularity of EVs, forcing officials to provide solutions that prevent power grids from being overwhelmed
Vietnamese electric carmaker plans to make EV batteries in Thoothukudi city in Tamil Nadu, in the southern India, sources say
The Chinese EV-maker's bumper sales suggest car buyers are looking for cheaper models in a high-interest-rate economy
The funding was slated to be used for the research and development, manufacturing, and sales services of vehicles under the group
The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain