Bangkok, Thailand | March 28, 2023 - VinFast Global, the leading Vietnamese electric vehicle manufacturer, has announced a major expansion into the Thai market with the launch of four new electric vehicle (EV) models in 2024. This move underscores VinFast's commitment to becoming a global leader in the EV industry and its recognition of Thailand's growing potential as an EV hub.

China, the world's largest automotive market, has witnessed an extraordinary surge in the sales of electric vehicles (EVs) in recent years. The country's ongoing commitment to decarbonization and the electrification of transportation has created an environment conducive to the rapid adoption of EVs. According to the latest industry data, China's EV sales have reached unprecedented levels, signaling the country's continued dominance in the global EV landscape.

The automotive landscape is undergoing a paradigm shift, with the rise of electric vehicles (EVs) and the increasing demand for rugged, off-road capabilities. Recognizing these trends, Chery, a leading Chinese automaker, has collaborated with Zhimi Technology, a subsidiary of Xiaomi, to introduce the iCar V23, an all-electric off-roader that promises adventure and versatility.

Tesla, the electric vehicle (EV) pioneer, is engaged in a fierce global price war, slashing prices in key markets like China, Germany, and the United States. This unprecedented move has sent shockwaves through the automotive industry and raised questions about the company's long-term strategy.

Honda Motor Company, a global leader in the automotive industry, has unveiled a trio of new electric vehicles (EVs) exclusively for the Chinese market. This strategic move signifies the company's commitment to spearheading the transition to electrified transportation in the world's largest automotive market.