The decision reflects a strategic initiative of drawing buyers and addressing the public apprehension of the company’s’ survival.
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More than half of the investment will be allocated for new R&D infrastructure and EV assembly lines.
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VinFast enters the market at a time when Chinese EV brands such as BYD and Great Wall Motor are selling strongly in Thailand.
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Both Nissan and Renault will launch a five-seater and a seven-seater car each in India with plans to export them.
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The cons of such rigorous discounting is that BYD is suffering in terms of its domestic profit margins.
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The Citroën Basalt Vision Concept previews the French brand’s next model for the Indian and South American markets, a mid-size coupé-SUV. However, it’s unlikely to …
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Top executives of both the company say that they have witnessed a good start to the year in the auto market.
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Tyres of electric vehicles naturally wear out faster due to greater vehicle weight and higher torque.
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The new cybersecurity law will come into force in July 2024, putting an end to all vehicles that do not comply with the updated protocol.
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In the day and age of touchscreens measuring the width of the entire dashboards, the popular Mercedes-Benz G-Class was chugging along with a non-touchscreen infotainment …