VinFast LLC, a fast growing Singapore-based automobile manufacturer, foresees an opportunity to break even as sales of its electric vehicles (EVs) are expected to make a huge jump this year.
BYD Limited, a publicly listed Chinese company headquartered in the Shenzhen area of Guangdong, enjoyed an impressive jump of around 100 per cent in its plug-in car sales in April 2023.
Amid the world’s accelerating shift from gas-guzzling internal combustion engines (ICEs) to environment-friendly electric powertrains, Tesla maintained its dominance in terms of sales last year.
Subaru, the automobile manufacturing division of Japanese transportation conglomerate Subaru Corporation, has announced plans to launch four all-electric crossovers by the end of 2026.
Amid the accelerating transition from internal combustion engines (ICEs) to electric powertrains, as many as 2.6 million plug-in electric cars were sold during the January through March quarter (Q1
