Page 4 - Tv Maker News Today

Vuong, 55, replaces Le Thi Thu Thuy, who had held the post since late 2021, VinFast said in a statement. Thuy, a finance expert, will serve as chairwoman and lead engagement with external stakeholders. Vuong, also the founder and chairman of Vingroup - Vietnams biggest conglomerate and VinFasts parent company - will directly oversee the EV makers operations, including global production, sales and marketing, the company said.

The total investment in the 400-acre facility could eventually touch as much as USD 1 bn or even more, sources said, adding that VinFast is likely to make an official announcement on Saturday.

Tesla: The recall -- sparked by the discovery of problems with assisted driving functions and door-locking systems -- will be conducted through remote over-the-air (OTA) updates to the cars software.

VinFasts plant in India will entail an investment outlay of Rs 200-250 crore and will have a capacity of 1.5 lakh units per annum

Chinese Ev Maker: BYD Co., based in the southern China tech hub of Shenzhen, dethroned Texas-based Tesla Inc. as the top seller of electric cars in the last three months of 2023, according to sales figures released by the companies this week.

Byd: Sells nearly 42000 more vehicles than Tesla in fourth qtr.

Rivian: The company handed over 13,972 vehicles in the last three months of 2023, 10% lower than the previous quarter, and below estimates of 14,430, per 13 analysts polled by Visible Alpha. High interest rates in the United States have raised monthly payments for electric vehicles, making them less affordable and prompting a price war by market leader Tesla.

As neither party agreed on the extension of the long stop date, which is the last day of 2023, Evergrande New Energy Vehicle said the share subscription and loan conversion subscription agreement by NWTN are no longer valid.

Data from Swedish auto industry association Mobility Sweden showed 1,789 new Tesla cars were registered in December, up from 1,645 in the same month of 2022. The U.S. companys market share grew to 6.1% from 4.6%.

The rise in quarterly sales volume was primarily driven by strong demand for the Fisker Ocean SUV, priced at about USD 69,000, the company said. Fisker started making its first deliveries to U.S. customers in June.