Fuel Efficiency Targets: Indian makers of passengers vehicles comprising cars, vans, and utility vehicles achieved corporate average fuel economy (CAFE)- a measure of carbon emission of a vehicle - of 116.78 gm per km in the year ended March 31 2023, missing the target of 113 gm per km set by the MoRTH, said several people aware of developments.
The head of heavily indebted Chinese property developer Evergrande s electric vehicle arm has been detained by authorities, the firm said Monday. News of Liu s detention followed Evergrande s announcement in September that the firm s chairman, Xu Jiayin, was "subject to mandatory measures" from Chinese authorities over "crimes".
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.
Geely: Zeekr started delivery of its fourth model, the Zeekr 007 sedan, in December and wants to increase sales in Europe while selling into more markets in the Middle East and Asia this year, the company said.
Vietnamese electric vehicle (EV) maker VinFast on Saturday named its founder and biggest financial backer Pham Nhat Vuong as chief executive as it plans an ambitious overseas expansion and ramps up sales via dealerships. Vuong, 55, replaces Le Thi Thu Thuy, who held the post since late 2021, VinFast said in a statement.