Vingroup Chairmen Donates Battery Company To VinFast

Vingroup Chairman and Vietnam’s richest person, Mr. Pham Nhat Vuong, announces that he will donate 99.8 percent of VinES Energy Solutions Joint Stock Company’s shares to VinFast. The merger is designed to enhance VinFast’s self-sufficiency in battery technology and its production chain, while increasing its competitive edge in the ever-growing electric vehicle market. Following the donation,…

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Candela C-8 electric boat breaks world record for electric boat endurance

Imagine traveling by electric boat from London to Amsterdam and back within 24 hours? During a recent endurance challenge, the electric, hydrofoiling Candela C-8 covered a distance equivalent to that journey, setting a new world record for the longest distance driven by an electric boat in a day. Swedish electric boat manufacturer Candela’s latest version of its C-8 foiling craft…

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NIO delivered over 16,000 EVs in October 2023, up 60% year-over-year

Chinese premium electric vehicle maker NIO announced its October 2023 delivery results. NIO delivered 16,074 vehicles in October 2023, increasing by 59.8% year-over-year. The deliveries consisted of 11,086 premium smart electric SUVs, and 4,988 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 415,623 as of October 31, 2023. In October 2023, ET5T was…

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