Tesla is expanding its EV business in Thailand, competing with Chinese rivals such as BYD. Tesla has started selling its Model 3 and Model Y vehicles in Thailand at prices designed to compete with rivals like China's BYD, according to a report by AP.
VinFast, Vietnam’s first Electric Vehicle (EV) maker, has signed an agreement with Infineon Technologies AG, a world leader in semiconductor solutions, to extend their partnership in the field of electrochemical mobility.
EV tax credits Inflation Reduction Act of 2022 building EV market. Electric vehicles cheaper to own than gas-powered vehicles, lower and middle-income families priced out of EV market. IRA steps towards accessibility sustainability for consumers: point-of-sale incentives.