Electric vehicles “piling up” at European ports: What is happening to Chinese car manufacturers?
April 24, 2024
Chinese manufacturers are sending more electric vehicles to Europe than they can sell, leading to thousands of them having to “temporarily” reside in ports. This situation makes port operators unhappy because China’s surplus of cars is hindering other port activities. Some say they are no longer ports but parking lots for newly arrived Chinese electric vehicles.
Future trends of electric vehicle batteries
April 24, 2024
The global auto industry is undergoing a fundamental transition from internal combustion engines to electrified powertrains. This process is currently undergoing some growing pains, but the development of next-generation electric vehicle (EV) battery technology continues to progress unabated.
The right time to apply the car registration fee reduction policy
April 23, 2024
Vietnam’s automobile market is determined to have “formed a bottom” in the short term. Some experts believe that this is the right time to consider applying preferential and supportive policies to help businesses overcome difficulties and increase output. In particular, reducing registration fees is always a policy expected by manufacturers, distributors and consumers.
The number of imported cars in April remained at a high level: cars with 9 seats or less dominated
April 23, 2024
According to preliminary statistics from the General Department of Customs just announced, in the first half of April the country imported 6,504 complete cars of all types, with a total turnover of nearly 127 million USD.
The 100% registration fee discount is about to end, what opportunities are there for electric vehicles in Vietnam?
April 23, 2024
The electric car market in Vietnam may face challenges in 2025, when registration fee incentives are reduced by half. The remaining time is just enough for car manufacturers to launch new car models, develop distribution systems and increase brand recognition to consumers.
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