Ahead of a highly anticipated U.S. IPO, Vietnamese automaker, VinFast has commenced construction on a $170m EV battery plant.
As the Tesla faithful flicked through the company's Q3 2021 results it was a "told you so" moment. Now, can Tesla conquer China?
When it comes to EV sales, Australia is lagging the world. EVs currently account for only around 0.7% of new car sales in Australia, while a recent study found 39% of Australians would not consider buying an EV for their next car purchase.
New data released shows New Energy Vehicle (NEV) sales are continuing to rise in China, and BYD is leading the race to dominate the market.