Under the partnership, VinFast will supply the used EV batteries, while Marubeni will repurpose them into Battery Energy Storage Systems (BESS).
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Category: INDUSTRY NEWS
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INDUSTRY NEWSLatest News
IM Motors seeks approval for level 3 autonomous driving in China
by Biplab Dasby Biplab DasIM Motors aims to become one of the pioneering brands granted approval for highly autonomous driving vehicles in the country.
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INDUSTRY NEWSLatest News
Germany faces backlash over EV subsidy cuts amid budgetary strain
by Biplab Dasby Biplab DasThe abrupt cessation of a programme offering subsidies to buyers of new electric vehicles has triggered discontent across party lines.
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INDUSTRY NEWSLatest News
Canada to implement ambitious zero emission vehicle targets by 2035
by Biplab Dasby Biplab DasThe EV Availability Standard aligns with the global trend towards electrification, as countries worldwide intensify efforts to combat climate change and reduce carbon emissions.
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IIHS, Insurance Institute for Highway Safety, picked the 2024 Hyundai Elantra sedan and Tucson SUV for its Top Safety Pick+ award.
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INDUSTRY NEWSLatest News
Nissan to expand global sales of China-developed EVs
by Biplab Dasby Biplab DasJapanese automakers, including Nissan, have confronted significant sales challenges in the fiercely competitive Chinese auto market, which ranks as the world’s largest.
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INDUSTRY NEWSLatest News
India resumes Venezuelan oil purchases, emphasizing refining capability
by Biplab Dasby Biplab DasMinister of Oil, Hardeep Singh Puri, underscores India’s interest in diversifying its oil sources and reducing the crude import bill.
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INDUSTRY NEWSLatest News
Nio accelerates launch of affordable Firefly brand in Europe
by Biplab Dasby Biplab DasNio’s decision to expedite the launch of its Firefly brand aligns with the broader trend of Chinese EV companies expanding into Europe.
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INDUSTRY NEWSLatest News
No Tesla recall planned in Europe despite U.S. autopilot concerns: RDW
by Biplab Dasby Biplab DasRDW, which holds authority over safety approval for Teslas in Europe, emphasized key differences in Autopilot functions available in European and U.S. markets.
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President Emmanuel Macron’s government has been supporting in making French and European-made EVs more affordable for domestic consumers.