is supply contract is the largest since the company entered the anode material business in 2011. Posco Future M intends to gradually expand its anode material production capacity to meet this order. On March 5, 2026, the company decided to invest approximately KRW 357 billion (JPY 39.27 billion) in Vietnam to build a new plant for artificial graphite anode materials. With this agreement, it has secured a customer for the first phase of the invest...

News  Updated at: 2026/03/26

Jiuzi taps into Vietnam with plan for over 100 electric trucks, continues Southeast Asia expansion Announced on March 23, 2026, Jiuzi Holdings, Inc. (Nasdaq: JZXN) has secured initial agreements with partners in Vietnam and plans to supply more than 100 electric heavy-duty trucks, signaling its move into the Southeast Asian commercial EV market. Vietnam’s economic growth and increasing focus on sustainable transport make it a key market for the...

News  Updated at: 2026/03/25

ization. With an annual production capacity of around 20,000 vehicles, the facility positions Kim Long Motor as a growing domestic commercial vehicle manufacturer with regional export potential. The inauguration also coincided with the launch of the GK48-EV, KIMAN9, and KIMLONG X9, all assembled in Vietnam. (From Kim Long Motor Vietnam press release dated March 17, 2026)...

News  Updated at: 2026/03/20

Kim Long Motor unveils new locally assembled commercial vehicles in Vietnam Announced on March 17, 2026, Kim Long Motor introduced new vehicles targeting Vietnam’s transport sector: the GK48-EV all-electric van, KIMAN9 light truck, and KIMLONG X9 Van. Priced at VND 480 million, the GK48-EV is a compact urban logistics solution (4,860x 1,750x 1,990 mm) with 6.2 cubic meters cargo capacity. It uses a 41.86 kWh BYD battery, delivering up to 305 km...

News  Updated at: 2026/03/20

V-Green to launch 99 Superchargers in Vietnam in 2026 to support long-distance EV travel Announced on March 17, 2026, V-Green Global Charging Station Development JSC is investing VND 10,000 billion to deploy 99 supercharging stations nationwide in 2026. Powered entirely by wind and solar energy with VinFast-developed battery storage, each station, equipped with up to 100 charging guns of 150 kW each, can charge 100 EVs simultaneously in 15 minu...

News  Updated at: 2026/03/18

d. Southeast Asia remains another important market. While historically dominated by Japanese OEMs, their market share has declined to just over 70% amid the growing presence of Chinese OEMs such as BYD Company Limited (BYD), as well as VinFast Trading and Production Joint Stock Company (VinFast) of Vietnam and PROTON Holdings Berhad (Proton) in Malaysia. In response, TPR is accelerating efforts to expand its customer base, including Chinese OEMs,...

News  Updated at: 2026/03/18

Honda Vietnam announces January and February 2026 motorcycle and automobile sales Announced on March 11, 2026, Honda Vietnam (HVN) reported retail sales results for its motorcycle and automobile business segments for February 2026. Motorcycle sales totaled 156,779 units, representing a 19.6% YoY decrease compared with February 2025. Automobile sales reached 1,052 units, down 41.8% YoY. Previously, HVN reported its January 2026 results. Motorcycle...

News  Updated at: 2026/03/16

e Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors.  As part of its investigation, the USTR is requesting consultations with the governments of China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.    The investigations will be used to determine whether their policies and practices are unre...

News  Updated at: 2026/03/13

VinFast EV deliveries in Vietnam reach 9,903 units in February 2026 Announced on March 10, 2026, VinFast delivered 9,903 electric vehicles in Vietnam in February, maintaining its leading position in the domestic market for the 17th consecutive month, despite the Lunar New Year holiday. The VF 3 was the best-selling model with 2,274 units, followed by Limo Green with 1,808 units. The VF 5 ranked third with 1,601 units, while the VF 6 and VF 7 reco...

News  Updated at: 2026/03/12

Vingroup launches ICE-to-EV trade-in campaign across 4 markets amid oil price volatility Announced on March 10, 2026, Vingroup introduced a limited-time “Gasoline Trade-in for Electric” promotion across Vietnam, India, Indonesia, and the Philippines in response to volatile global oil prices. The initiative aims to cushion consumers from rising fuel costs while promoting cleaner mobility.  The program offers additional incentives for customer...

News  Updated at: 2026/03/12

also scheduled for launch later in the year. The company has invested more than THB 20 billion in Thailand and plans to invest at least an additional THB 10 billion to support new vehicle development, manufacturing upgrades, and export capabilities. Export destinations include Malaysia, Indonesia, Vietnam, Brazil, and Australia. GWM also stated that its vehicles use auto parts manufactured in Thailand by leading suppliers, including Continental,...

News  Updated at: 2026/03/12

Auto sales in Vietnam down 10.8% in February According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on March 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were down 10.8% year-over-year to 19,278 units in February. CKD volume was 9,220 units and CBU volume was 10,058 units. VAMA members (20 manufacturers) sales in February were down 8.8% y/y to 15,665 units. VAMA members ...

News  Updated at: 2026/03/11

Hyundai Vietnam sales up 1.9% YoY in February 2026 to 3,080 units Announced on March 5, 2026, Thanh Cong Group (TC Group) said that Hyundai Thanh Cong Vietnam (HTV) delivered 3,080 vehicles in February 2026, up 1.9% YoY. The Hyundai Creta was the best-selling model with 645 units, followed by the Hyundai Tucson (614) and Hyundai Accent (273). Other passenger vehicle models included the Hyundai Grand i10 (173), Hyundai Stargazer (147), Hyundai San...

News  Updated at: 2026/03/11

Posco Future M to build new artificial graphite anode material plant in Vietnam Posco Future M Co., Ltd. (Posco Future M) announced a plan to build a new artificial graphite anode material plant in Thai Nguyen in northern Vietnam, investing KRW 357 billion (JPY 39.27 billion). The construction work is set to begin in the latter half of 2026, and the mass production launch is scheduled for 2028. This plant will be built on a site capable of suppor...

News  Updated at: 2026/03/10

t is to keep those engineers employed. "They need to decide if they want to help us equalize the cost differential, because this is among the most expensive places to have engineers on the planet," said Farley, “because we have to be competitive on speed and cost here in Australia versus China or Vietnam or other places".  Following the Grand Prix, Farley is set to meet with senior Australian officials to discuss the country's tough emissions ...

News  Updated at: 2026/03/10

Hyundai names Thai Executive ASEAN President; Thailand plant expected by early Q3 2026 Reported on March 3, 2026, Hyundai’s Thai executive has been appointed President for ASEAN, effective March 2, 2026. She will oversee the company’s regional operations across Indonesia, Thailand, the Philippines, Malaysia, and Vietnam, reporting to the President of Hyundai Motor Asia Pacific. Hyundai Mobility Thailand plans to open a local vehicle and batte...

News  Updated at: 2026/03/05

ith the Group’s revenue rising 1.3% to MYR 2.11 billion, while loss before tax narrowed to MYR 175.4 million. The division returned to EBITDA, largely due to a one-off property fair value gain; excluding this, it remained loss-making. Malaysia was the core market, Myanmar turned profitable, while Vietnam remained weak. The Group reported Q4 2025 revenue of MYR 487.3 million, down 4.7% YoY, with a loss before tax of MYR 59.5 million, wider than ...

News  Updated at: 2026/03/04

Toyota Vietnam announces sales of 3,935 cars in February 2026 (including Lexus) Announced on March 1, 2026, Toyota Motor Vietnam (TMV) reported total sales of 3,935 vehicles in February, including Lexus models.  Toyota-branded vehicles accounted for 3,890 units, representing a 25% YoY increase. This total included 1,291 locally assembled vehicles and 2,599 imported units.  HEV models contributed 709 units to Toyota’s February sales, more than...

News  Updated at: 2026/03/02

YADEA commences operations at new Vietnam 2-wheeler plant; announces Grab partnership Announced on March 1, 2026, YADEA began operations at its new Bac Ninh manufacturing plant, marking a first-phase investment exceeding USD 100 million.  Located in Tan Hung Industrial Park, the facility is designed for an annual output of around 1 million electric two-wheelers, with plans to double capacity in later stages. The 232,200-sqm complex employs autom...

News  Updated at: 2026/03/02

nounced that it will launch the “ICON e:” Class 1 electric moped in Japan on March 23. The new Class 1 moped will be priced at JPY 220,000 (including consumption tax), which is about JPY 20,000 lower than that of the Dio 110 Lite, a model that conforms to new standards. The model is produced in Vietnam, and Honda has achieved the low price by leveraging economies of scale through deployment in multiple countries. Expecting demand from existin...

News  Updated at: 2026/02/20