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automotive market
Latest news related to the automotive market.
BYD is building a 1,500 kW ultrafast charging infrastructure in Canada before launching its electric vehicle sales.
Electric vehicle giant BYD is deploying a 1,500 kW charging network in Toronto, enabling a 5-minute charge to provide 400 km of range, laying a solid foundation before officially entering the market.
Car
E10 gasoline: Many car manufacturers have announced compatibility but have not yet reported to the Department of Industry.
Although Mitsubishi, Suzuki, and Mercedes-Benz have announced many models compatible with E10 gasoline on their websites, the Department of Industry stated that it has not yet received official reports.
The BMW i3, priced from 665 million VND, is about to cease production, making way for the New Class generation.
BMW has confirmed it will cease domestic production of the i3 model from August onwards to focus resources on the all-new New Class generation, expected to launch in 2027.
Ferrari Luce: A calculated move towards electric vehicles behind market fluctuations.
The Ferrari Luce debuted at a price of 550,000 Euros, marking the Italian automaker's first step towards electrification while maintaining low risk thanks to its unique business strategy.
SAIC Motor Reaches 100 Million Vehicles Globally: A Historic Record for the Chinese Automotive Industry
SAIC Motor Group is preparing to deliver its 100 millionth vehicle at the end of this month, marking the first time a Chinese automaker has achieved such a massive cumulative production volume on a global scale...
Vietnam imported 72,290 cars in the first four months of 2026, a sharp increase of 25.2% in value.
The total value of imported complete automobiles reached US$1.75 billion in the first four months of 2026. Notably, the volume of vehicles imported from China increased dramatically by more than 68%.
Vietnamese families prioritize choosing the VinFast VF 8 Eco for this reason.
Smooth operation, spacious interior, and features exceeding those of the D-SUV segment, yet the actual on-the-road price of the VinFast VF 8 Eco is only equivalent to that of C-segment cars. This is why the VF 8...
Chinese electric vehicle sales plummet 20% in Q1 2026: Pressure from policy.
April 28, 2026 11:29
The world's largest electric vehicle market has taken a hit, with sales falling 20% due to subsidy cuts, pushing German automakers into a record decline in market share.
Geely and other Chinese automakers aspire to overthrow Japan's dominance in the hybrid vehicle market.
April 22, 2026 15:30
Chinese automakers are ramping up the self-charging hybrid vehicle (HEV) segment to directly compete with Toyota and Honda. With new technology achieving fuel consumption of just 2.22 liters/100 km, China...
VinFast VF 6 owner: “The decision to switch to an electric vehicle was a wise move.”
April 21, 2026 18:19
Thanks to its zero-cost battery charging policy for up to 3 years and the potential for cost savings for car owners throughout the vehicle's lifespan, the VF 6 opens up opportunities for easy and long-term car ownership for Vietnamese consumers.
Users acknowledge that upgrading from a motorbike to a VinFast VF 3 is a 'win-win' situation.
April 14, 2026 10:08
With a listed price starting from just 302 million VND, coupled with a series of practical incentives and a 3-year free charging policy, the VinFast VF 3 is the most practical choice to replace motorcycles and realize...
VinFast sets a new sales record with over 27,600 electric vehicles sold in March 2026.
April 12, 2026 11:00
VinFast recorded a 127% growth compared to the same period in 2025, reaching 27,609 electric vehicles delivered in March 2026. The Limo Green model became the best-selling vehicle with 6,795 units sold.
US Senator calls Chinese cars a cancer and proposes a global ban.
April 3, 2026 05:01
Senator Bernie Moreno is preparing to introduce a new bill aimed at completely eliminating hardware, software, and partnerships with Chinese automakers in the U.S. market.
Take advantage of total discounts up to 47 million VND for the VinFast VF 5 in April.
April 2, 2026 08:40
With special financial incentives in April and operating costs close to zero, the VinFast VF 5 is becoming the most affordable option for many families' car dreams...
BYD cuts 100,000 jobs: The restructuring strategy of the electric vehicle giant.
April 1, 2026 10:00
BYD plans to cut 10% of its workforce by 2025 to optimize costs and improve operational efficiency, despite record revenue and the launch of its new Blade 2.0 battery technology.
Geely EX2 officially launched in Vietnam: China's best-selling electric car, priced from 459 million VND.
March 27, 2026 15:31
With a range of 395 km, rear-wheel drive configuration, and multi-link suspension, the Geely EX2 sets a new standard for the affordable urban electric vehicle segment.
VinFast VF 3: A groundbreaking cost-effective option for young first-time car owners.
March 26, 2026 15:01
With its low operating costs and free battery charging policy, the VinFast VF 3 is currently the best-selling electric vehicle in Vietnam, strongly attracting customers born in the 1990s.
VinFast and BYD accelerate in Southeast Asia: A race to change the landscape of the electric vehicle market.
March 25, 2026 10:59
VinFast and BYD are changing the landscape of the Southeast Asian automotive industry through their electric taxi and infrastructure strategies, directly threatening Japanese automakers with sales growth of nearly 100%.
Chinese electric vehicles benefit as Middle Eastern conflicts drive up oil prices.
March 24, 2026 11:30
Geopolitical tensions driving up oil prices are prompting global consumers to switch to electric vehicles, paving the way for strong growth by Chinese automakers.
Chinese car sales surpass Japanese sales for the first time in 25 years.
March 23, 2026 09:29
2025 marks a historic turning point as Chinese automakers reach sales of 27 million units, officially ending more than two decades of Japanese dominance in the automotive industry...
Car imports in the first two months of 2026: Chinese cars surpass Thai cars in both quantity and value.
March 21, 2026 10:04
Vietnam imported 31,372 complete automobiles in the first two months of the year, a 26.3% increase in volume. China rose to second place with a trade value exceeding $344 million.
Volvo EX30 officially discontinued in the US: The end of ambitions for affordable electric vehicles.
March 20, 2026 14:01
Due to tariff pressures and a series of software bugs, the Volvo EX30 compact electric SUV has been withdrawn from the US market, signaling a difficult period for imported electric vehicles.
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