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Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home.
Out of the 2.80 lakh new passenger vehicles sold in Vietnam in 2022, VinFast sold only 7,400 despite being one of the few electric vehicle options buyers have.
HANOI: Vietnam's VinFast has grand ambitions of selling its electric vehicles (EVs) in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home.
Indonesia hopes to become part of Tesla’s battery supply chains but faces steep obstacles in deepening its relationship with the electric vehicle manufacturer.
The $7.3 billion project connects the cities of Jakarta and Bandung, which lie along one of the world’s most congested travel corridors.