Page 23 - Smart Mobility News Today

Vinfast issued an earnings report for the second quarter of 2023 on Thursday, and the news is not good for the Vietnamese electric vehicle maker.

Ismail Dagli, who currently leads the supplier's mobility services, will take over from Frank Petznick, who will leave the company.

The Vietnamese electric vehicle start-up reported a second-quarter net loss of about $514 million from sales of about $307 million.

The Vietnamese car company coming to Chatham County has now lost $4.5 billion since shifting to making electric vehicles for international markets.

VinFast, the Vietnam-based electric vehicle manufacturer building a huge factory in Chatham County, reported a quarterly loss of $526.7 million for the three-month period ending June 30. But the company also reported a surge in revenues and vehicle sales.

Job: AI Initiative - Assistant, Associate or Full Professor - University of Central Florida Orlando, FL, United States

Press Release September 20, 2023 Ismail Dagli to Become New Head of Continentals Autonomous Mobility Business Area ...

IAA Mobility 2023 took place in Munich this year — Chinese firms dominated the show with battery-efficient electric vehicles. 

VinFast's fledgling electric vehicle business delivered sales of more than 9,500 vehicles in the second quarter of this year - a more than 400% increase from the first quarter - but the news comes with a caveat.

Continental Autonomous Mobility: Since the beginning of 2022, Dagli has headed Continental’s Smart Mobility business area, which oversees business involving mobility services, fleet operators and commercial vehicle manufacturers within the Automotive Group sector. He succeeds Frank Petznick, who will leave on his own request at the end of September, the company said.