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Zeekr, Chinese conglomerate Geely’s premium electric vehicle brand, will be distributed in Vietnam by transport services provider Tasco. Following an agreement signed Monday the EV maker joined the list of auto brands distributed by Tasco, which also includes…
Indonesian Transportation Minister Budi Karya Sumadi is encouraging more people to embrace electric vehicles (EVs) in their lives as the country wishes to boost its e-mobility adoption. However, the minister admitted that convincing people to use EVs could be…
Toyota Vietnam has issued a recall for 634 Lexus cars in Vietnam due to potential issues with their cameras and fuel injectors. Most of the recalled vehicles were produced between November 2022 and August 2023, according to Vietnam Register. The cover of the…
The European Union has slashed its planned extra tariff on Tesla electric vehicles imported from China by more than half, the bloc’s executive said on Tuesday, following further investigations requested by the company. The European Commission also revised its…
VinFast sold 13,000 units of its VF 5 electric car in Vietnam in the first half of the year, making it the top seller in the market. A person familiar with the matter said that 20,000 VF 5s were sold globally. Mitsubishi Xpander was the second most popular…
The Malaysian government has included the adoption of electric vehicles (EVs) in its National Energy Transition Roadmap (NETR) towards the goal of EVs accounting for 15% of all vehicles sold by the year 2030, rising to 80% by 2050. The current import duty and…
Tasco Auto, a subsidiary of auto distributor Tasco, has bought out Sweden Auto, the sole distributor of Volvo cars in Vietnam. The deal made Tasco the importer and distributor of the Chinese-owned Swedish luxury brand, and it has since increased its number of…
According to the research firm Counterpoint Research, EV sales in the region more than doubled in the January to March quarter from a year before. Sales of ICE cars,meanwhile, slid by 7%. “Vietnam saw an even more impressive growth, with BEV (battery electric…
Motorbike sales volumes in the first quarter of 2024 reached 603,745 units, down 4.88% from the previous quarter and 11.5% lower year-on-year. This sales level is equivalent to around 15 years ago, indicating a prolonged gloomy period for the industry.…
Tasco, a distributor for 14 auto brands, plans to branch into car assembling, and will launch its first products next year. At the annual general meeting last week, its management told shareholders about the plan without disclosing what brand or brands it…
VinFast is recalling 2,097 electric vehicles to fix various technical issues. Some of the VF e34 and VF 5 Plus cars produced between September 2023 and April 2024 face the threat of bolts securing the upper cover of the high-voltage battery becoming loose,…
Honda Vietnam is recalling 221 of its two most expensive motorcycles, the CBR1000RR Fireblade and Gold Wing, for faulty fuel pumps that could cause their engine to stall. The 74 CBR1000RRs and 147 Gold Wings were manufactured in Japan between September 2017…
Mercedes, the best-selling luxury auto brand in Vietnam for years, is seeing BMW close the gap rapidly following the start of local production. Mercedes sold 3,416 units last year, a 57% decline from 2022 but still the highest for the seven luxury brands in…
Import turnover of completely built-up (CBU) cars in March increased by 55.4% in volume and 41.4% in value compared to the previous month. A preliminary report from the General Statistics Office (GSO) said that Vietnam imported about 15,000 CBU cars in March…
Royal Enfield has set up a new hub in the Netherlands and has plans to open another warehouse in Europe, either in France or Germany, with an eye on strengthening its supply chain across Europe. According to reports, Royal Enfield’s parent company Eicher…
Last month, Apple calmly went around to the back of company headquarters in Cupertino carrying the self-driving Apple Car files and put a bullet through the project. Apple spent a decade and a ton of money on what would have turned out to be an amazing…
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