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Tag: vehicles

  • Malaysia’s Luxury Car Crackdown: Over 1,050 High-End Vehicles Seized Amid Traffic Violation Storm

    Malaysia’s Luxury Car Crackdown: Over 1,050 High-End Vehicles Seized Amid Traffic Violation Storm

    Since July 2025, Malaysia’s Road Transport Department has confiscated over 1,050 high-end vehicles, including brands such as Rolls-Royce, Lamborghini, Mercedes-Benz, and BYD. The total value of these seized vehicles exceeds RM200 million (US$50.9 million). The operation aimed to address traffic violations committed by luxury car owners, including unpaid road taxes, lack of sufficient insurance coverage, and expired or invalid driving licenses.

    Strict Enforcement of Traffic Rules

    The Road Transport Department launched the ‘Ops Luxury’ operation to underscore its commitment to enforcing traffic regulations without exceptions. The department emphasized that owning an opulent vehicle does not exempt one from adhering to traffic rules.

    Datuk Muhammad Kifli Ma Hassan, the department’s Senior Enforcement Director, stated that the enforcement actions have heightened awareness among vehicle owners. He highlighted a decrease in the number of luxury vehicles found with invalid road taxes, indicating improved compliance. The strict operations have led to fewer vehicles being seized in recent times.

    Ongoing Surveillance

    Hassan noted that some owners have cited forgetfulness or financial limitations as reasons for their failure to renew their road taxes, even with cars that have a market value of RM3 million to RM5 million.

    He added that the department’s monitoring efforts persist, especially in Kuala Lumpur and Penang, and several vehicles remain under the department’s watchful eye.

    Previously, the department would only issue fines as low as RM300, which proved ineffective as a deterrent. However, since the department began seizing vehicles and requiring owners to clear their outstanding road tax dues, compliance rates have significantly improved. According to a local news source, about 90% of vehicle owners have settled their arrears.

    Questions & Answers

    What was the focus of the ‘Ops Luxury’ operation launched by Malaysia’s Road Transport Department?
    The operation targeted high-end vehicle owners who were in violation of traffic regulations, such as unpaid road taxes, lack of insurance coverage, and expired or invalid driving licenses.

    What impact has the operation had on compliance with road tax regulations among luxury vehicle owners?
    The operation has led to improved compliance, with fewer luxury vehicles found with invalid road taxes. Since the department started impounding vehicles, about 90% of vehicle owners have settled their outstanding road tax dues.

    What was the approach of the Road Transport Department towards traffic violations before the operation?
    Before launching the operation, the department would only issue fines as low as RM300 for traffic violations, which proved ineffective as a deterrent.

  • Vietnam Mobility Show 2025: Pioneering Green Technology In The Automotive Industry

    Vietnam Mobility Show 2025: Pioneering Green Technology In The Automotive Industry

    The Vietnam Mobility Show 2025 is slated to take place in Hanoi from December 26 to 28. This event will present the latest models of cars, motorbikes, and accessories, showcasing cutting-edge technologies and sustainable practices in the automotive industry.

    Eco-friendly Focus

    The show will prominently feature car brands that are employing green technologies and utilizing environmentally friendly materials in an effort to decrease emission and fuel consumption. Aiming to address the pressing environmental issues of our time, the event will also host a seminar titled “Removing Barriers to Accessing Green Vehicles”. This session will gather car manufacturers, distributors, and authorities to discuss viable solutions, goals, and roadmaps for the widespread use and development of electric, hybrid, and other eco-friendly vehicles in Vietnam.

    Experience the Latest Models

    One of the most eagerly awaited components of the exhibition is the test-drive program. Visitors will have the opportunity to experience the latest models, especially those with high performance, on specially designed tracks. Each brand is set to bring a broad range of vehicles for test drives, minimizing wait times for participants.

    Highlighting Electric Motorbikes

    Electric motorbikes will be a vital part of the event, as cities like Hanoi and Ho Chi Minh City are planning to restrict the use of internal-combustion vehicles. This focus on sustainable transportation options aligns with the exhibition’s broader goal of assisting consumers in making educated decisions about their vehicle preferences by blending viewing with test-drive experiences.

    A Celebration for Enthusiasts

    Not just an exhibition, the Vietnam Mobility Show 2025 is also a festival for vehicle enthusiasts and families. The event will feature a dedicated zone for high-performance vehicles, alongside areas for services, accessories, and food. With safety and education in mind, demonstrations on safe charging and how to assist children in escaping from a locked car will be conducted. The event is expected to draw hundreds of thousands of visitors.

    Questions & Answers

    What is the aim of the Vietnam Mobility Show 2025?
    The show aims to present the latest models of cars and motorbikes, spotlighting brands that employ green technologies and sustainable materials. It also seeks to educate visitors, offering test-drive experiences and safety demonstrations.

    What is the focus of the seminar “Removing Barriers to Accessing Green Vehicles”?
    The seminar will bring together manufacturers, distributors, and authorities to discuss strategies, goals, and roadmaps for the development and adoption of electric, hybrid, and other eco-friendly vehicles in Vietnam.

    What experiences will be offered at the event?
    Visitors will have the opportunity to see and test drive the latest car and motorbike models, especially electric and high-performance vehicles. The show will also provide safety demonstrations and various services, accessories, and food options.

  • Auto Sales Surge 6.5% in 2025: Imported Vehicles Steal the Spotlight

    Auto Sales Surge 6.5% in 2025: Imported Vehicles Steal the Spotlight

    In the first eleven months of 2025, the total auto sales of leading automobile manufacturers reached 328,669 units, marking a 6.5% increase from the same period the previous year. Interestingly, despite a 3% drop in the sales of domestically assembled vehicles, the sales of fully imported vehicles (CBU) soared by 17%, indicating a shift in market preferences and supply trends.

    Monthly Breakdown

    In November alone, the members of the Vietnam Automobile Manufacturers’ Association (VAMA) report a sale of 39,338 vehicles. This reflects a 4% increase from October, albeit an 11% decrease compared to November the previous year.

    Out of the total vehicles sold in November, 28,557 were passenger vehicles, a 5% increase from October. Sales of commercial vehicles reached 10,273 units, marking a 1% increase, while sales of specialised-purpose vehicles fell to 488 units, a 3% decrease.

    Locally Assembled vs Imported Vehicles

    Sales of domestically assembled vehicles increased by 7% to 18,370 units in November, while the sale of imported CBU vehicles slightly rose by 1% to 20,968 units. This November concluded the ninth consecutive month in which VAMA members reported higher sales of imported cars than locally manufactured ones.

    Vehicle Categories

    In terms of vehicle types, the combined sales of sedans, SUVs, crossovers, and MPVs hit 24,604 units in November. SUVs retained their top position as the most popular vehicle type, with 9,870 units sold, indicating a consistent demand for high-clearance models. Brands such as Lexus, Thaco Premium, and Peugeot also recorded positive sales for several of their key models.

    Questions & Answers

    What is the total auto sales figure for major manufacturers in the first eleven months of 2025?
    The total auto sales figure for leading manufacturers in this period is 328,669 vehicles.

    What trends are observed in the sales of domestically assembled and imported vehicles?
    While the sales of domestically assembled vehicles fell by 3%, the sales of fully imported vehicles saw a significant rise of 17%.

    Which vehicle category proved to be the most popular?
    SUVs maintained their popularity, emerging as the best-selling category with 9,870 units sold.

  • VinFast Smashes Sales Record in November with Unprecedented Delivery of Electric Vehicles

    VinFast Smashes Sales Record in November with Unprecedented Delivery of Electric Vehicles

    VinFast, a leading automaker, reported a record-breaking delivery of 23,186 electric vehicles in November. This figure contributes to the company’s impressive tally of 147,450 units supplied since the start of the year, reinforcing its dominant position in the market.

    Driving Success:

    VinFast’s Green line, particularly the Limo Green model, spurred the company’s sales in November. The Limo Green model alone achieved the highest monthly sales for any single VinFast model, with 9,642 units delivered.

    After-Sales Service Expansion:

    Alongside its escalating sales, VinFast is also expanding its service network. By November, the company had inaugurated its 350th service workshop and is ambitiously aiming for a total of 400 by the end of the year. This progress solidifies VinFast’s status as the automaker with the most extensive after-sales network in Vietnam.

    December Deliveries:

    VinFast has significant plans for December. The company is set to commence deliveries of the mini EC Van and the four-seat Minio Green, indicating its ambition to fortify its presence in the rapidly expanding Vietnamese electric vehicle market.

    Questions & Answers

    What was a significant contributor to VinFast’s sales record in November?
    The Green line, particularly the Limo Green model, significantly contributed to VinFast’s sales record in November.

    How is VinFast expanding its after-sales service?
    VinFast is expanding its after-sales service by increasing the number of its service workshops. The company had inaugurated 350 service workshops by November and aims to reach 400 by the end of the year.

    What are VinFast’s plans for December?
    In December, VinFast plans to begin deliveries of the mini EC Van and the four-seat Minio Green to strengthen its presence in the electric vehicle market.

  • VinFast Set to Revolutionize Transport with Hybrid Vehicles in 2023: A Game Changer in the EV Market?

    VinFast Set to Revolutionize Transport with Hybrid Vehicles in 2023: A Game Changer in the EV Market?

    VinFast, a Vietnamese automaker, is reportedly planning to tap into the hybrid vehicle market by next year. The company will reportedly add gasoline-powered generators to its existing electric vehicle models, easing the transition for consumers into the electric vehicle market.

    VinFast’s Hybrid Vehicle Plans

    Informed sources have revealed that VinFast is gearing up to roll out hybrid versions of its VF 8 and VF 9 models. However, the automaker has yet to officially confirm these plans. The recent buzz surrounding VinFast’s entry into the hybrid market was stoked when Sailun, a Chinese tire manufacturer with operations in Vietnam, used images of a car resembling a VinFast model in their promotional materials for an upcoming line of hybrid vehicle tires.

    According to insiders, the VinFast hybrid vehicles will likely fall under the extended-range electric vehicle (EREV) category. These vehicles are fully powered by an electric engine, but feature a gasoline-fueled generator to recharge the battery. This specific type of hybrid vehicle could broaden the customer base for electric vehicles by addressing common concerns about long-distance travel and the availability of charging stations.

    Global Shift Towards Hybrid Vehicles

    VinFast’s move towards hybrid vehicles mirrors a broader global trend among automakers. Several leading companies, including Honda, Mercedes, and Volvo, initially committed to exclusively manufacturing electric vehicles. However, they later modified or abandoned these plans, incorporating hybrid vehicles into their lineups. BYD, currently the top-selling new-energy vehicle brand worldwide, also heavily relies on hybrid vehicle sales.

    In recent years, hybrid vehicle sales in Vietnam have seen consistent growth, with a variety of options available from manufacturers like Toyota, Honda, Nissan, Suzuki, and Subaru. Chinese brands like BYD, Jaecoo, and Lynk & Co are further expanding the hybrid vehicle segment. Depending on the design, the interaction between the gasoline engine and the electric motor produces diverse hybrid formats.

    Extended-range electric vehicles are relatively rare in the Vietnamese market. The Nissan Kicks was the only model in this category, but it is no longer available for sale.

    Questions & Answers

    What are VinFast’s plans for entering the hybrid vehicle market?
    VinFast is reportedly planning to introduce hybrid versions of its VF 8 and VF 9 models by next year.

    What is an extended-range electric vehicle (EREV)?
    An EREV is a vehicle that is entirely powered by an electric engine but also has a gasoline-fueled generator to recharge the battery.

    How does VinFast’s shift towards hybrid vehicles fit into global automotive trends?
    VinFast’s move aligns with a broader international trend, with many automakers initially committing to electric vehicles but later incorporating hybrid vehicles into their lineups.

  • Nissan India Celebrates Export of 1.2 Million Vehicles: Triumph for Made-in-India Cars Globally

    Nissan India Celebrates Export of 1.2 Million Vehicles: Triumph for Made-in-India Cars Globally

    Nissan India Reaches Export Milestone

    Nissan India has marked a significant achievement with the announcement of its 1.2 millionth vehicle export. The Japanese automotive company has primarily centred its focus on the Magnite model, with occasional offerings of fully imported models such as the X-Trail. Nissan India exports vehicles to the AMIEO region, comprising Africa, Middle East, India, Europe, and Other markets.

    The milestone vehicle, a Magnite, is destined for the Gulf Cooperation Council (GCC) region. It was officially unveiled by Saurabh Vatsa, the Managing Director of Nissan Motor India, at Kamarajar Port in Ennore, Tamil Nadu. While the Magnite has been the mainstay, Nissan India has a history of exporting various models. These include the Sunny, Kicks, and Micra, which have been shipped to regions such as Africa, the Middle East, Latin America, and Southeast Asia.

    Changes in Model Exports Over Time

    Over time, however, these models were phased out due to lacklustre sales performance following the introduction of BS6 emission standards. At present, the Magnite is exported to 65 countries and is available in both left-hand (LHD) and right-hand (RHD) drive versions.

    Saurabh Vatsa, Managing Director, Nissan Motor India, commended this achievement, attributing it to the collective efforts of their teams and the global trust in their Made-in-India cars. He stated, “The Nissan Magnite continues to be a global success story, representing our focus on design, quality, and innovation that transcends borders.”

    Updates to the Magnite Model

    In December of the previous year, Nissan introduced a minor facelift to the Magnite, including subtle cosmetic changes and additional features. However, the mechanical aspects of the vehicle remain the same. The Magnite is offered with two petrol engine options: a 1.0-litre naturally aspirated engine and a 1.0-litre turbocharged engine. The former delivers 72 bhp and 96 Nm of peak torque, while the latter offers 99 bhp and 160 Nm (or 152 Nm with automatic transmission) of torque.

    Questions & Answers

    What milestone has Nissan India recently achieved?
    Nissan India has recently announced the export of its 1.2 millionth vehicle.

    Which regions does Nissan India export its vehicles to?
    Nissan India exports its vehicles to the AMIEO region, which includes Africa, the Middle East, India, Europe, and other markets.

    What changes were made to the Nissan Magnite in its latest update?
    In its latest update, the Nissan Magnite received a mild facelift with subtle cosmetic enhancements and additional features. The mechanical aspects of the vehicle, however, remain unchanged.

  • Tata Motors Restructures Into Two Entities, Aiming For Enhanced Business Focus

    Tata Motors Restructures Into Two Entities, Aiming For Enhanced Business Focus

    In a major strategic move, Tata Motors has announced a significant restructuring of its company. As of October 14th, the company was divided into two separate entities – Tata Motors Passenger Vehicles and TML Commercial Vehicles. Despite the split, the passenger vehicles division remained listed on the stock exchange under the name “Tata Motors.” However, this will change as of October 24th when the name will officially become “Tata Motors Passenger Vehicles,” complete with a new logo.

    Consolidation of Commercial Vehicle Division

    Tata Motors has also unveiled plans to consolidate its Commercial Vehicle (CV) division and all associated investments under one dedicated entity. Concurrently, the Passenger Vehicle (PV) business and its related assets will be placed in a separate company. This move is intended to streamline operations and create a sharper focus on the different business segments.

    The restructuring has had a notable impact on the company’s share price, which has seen a significant drop since the division was announced. This change, however, reflects the separation of the commercial vehicle business rather than a reduction in investor value.

    Specialized Entities for Robust Operations

    The restructuring has led to the formation of two specialized entities. Tata Motors Passenger Vehicles Limited will be responsible for cars, SUVs, EVs, and the Jaguar Land Rover business. In contrast, the newly formed Tata Motors Limited will concentrate exclusively on commercial vehicles like trucks, buses, and pickups. This strategic split is intended to enhance business focus and unlock greater value in India’s vibrant automotive sector.

    The newly formed Tata Motors Commercial Vehicles Limited (TMLCV) is set to be renamed Tata Motors Limited once the necessary regulatory approvals have been secured. Until then, TMLCV shares will remain unlisted, a process that typically takes between 45 to 60 days. Meanwhile, the previous derivative contracts expired on Monday, and fresh F&O contracts for Tata Motors Passenger Vehicles Limited (TMPVL) started trading on Tuesday. However, TMLCV won’t be available for F&O trading immediately.

  • Ho Chi Minh City Plans to Transition 80% of Ride-Hailing Motorbikes to Electric in Two Years

    Ho Chi Minh City Plans to Transition 80% of Ride-Hailing Motorbikes to Electric in Two Years

    The ambitious goal of introducing 400,000 electric ride-hailing motorbikes in Ho Chi Minh City (HCMC) is within reach, provided there are financial incentives, tax exemptions, and the establishment of sufficient charging stations. This optimistic outlook comes from Le Thanh Hai, director of the Institute for Development Studies, who underscores the transition’s potential to cut costs for drivers and enhance environmental conditions in the city.

    Recent research by the institute reveals a striking difference in daily expenses for fuel between traditional fuel and electric motorbike drivers. Grab and Be ride-hailing drivers currently fork out VND70,000–100,000 (approximately $3 to $4) each day on gasoline, based on survey feedback from 400 participants. In stark contrast, drivers of Xanh SM electric motorbikes pay only VND20,000 for charging.

    When considering battery degradation, wait times, and charging expenses, electric motorbike riders can pocket between VND40,000 and VND60,000 more each day—translating to a monthly income boost of about VND1 million—in comparison to their gasoline-powered peers. These savings could enable them to pay off their vehicle loans in just two to 2.5 years.

    Yet, the journey towards electric rides isn’t without its bumps. Charging infrastructure poses a significant challenge. Electric bikes from brands like VinFast, Selex Motors, DatBike, and Honda typically need 4-10 hours to charge and offer a range of 100-200 kilometers—meaning drivers must charge daily, incurring a loss of income during that time.

    Nguyen Huu Phuoc Nguyen, CEO of electric scooter startup Selex Motors, believes that energy infrastructure will cease to be an obstacle as soon as charging speeds catch up with refueling gasoline. Selex Motors is pioneering a quick two-minute battery-swapping service compatible with various brands, currently operating 50 stations in HCMC, with plans to expand to 200 next year.

    However, Nguyen points out that the absence of standardized charging infrastructure remains a critical issue, as companies often function independently. He urges local authorities to motivate businesses to expand shared charging and battery-swapping networks, promoting a collaborative growth atmosphere.

    Financial considerations also play a crucial role in this transition, particularly for technology drivers who often experience low and unstable incomes. The Institute for Development Studies has teamed up with banks to craft specialized credit products and has secured promising commitments from electric motorbike manufacturers and distributors.

    Moreover, the city has proposed appealing to the central government for the elimination of registration fees and value-added taxes on new electric vehicles and technology drivers for the initial two years. Currently, Vietnam’s transportation sector emits 32.9 million tons of CO2 equivalents annually, with HCMC responsible for about 13 million tons. To actively support green transportation, the city aims to convert all buses to electric or green-energy vehicles by 2030, alongside a comprehensive Vehicle Emissions Control Plan that encourages incentive creation and transition roadmaps for taxis, tech vehicles, passenger cars, and vehicles utilized by public agencies and businesses.

    The road to an electric future may be paved with challenges, but an electric motorbike revolution along the bustling streets of HCMC promises a more sustainable urban environment for everyone— and perhaps even a newfound love for battery-powered journeys!

    Questions & Answers

    What financial support is being proposed for the transition to electric vehicles in HCMC?
    The city recommends that the central government waive registration fees and value-added taxes for new electric vehicles and technology drivers during their first two years.

    How much can electric motorbike drivers potentially save compared to gasoline-powered counterparts?
    Electric motorbike drivers can save between VND40,000 and VND60,000 each day compared to traditional gasoline users, leading to an additional VND1 million in monthly earnings.

    What plans does HCMC have for public transportation concerning green energy?
    HCMC plans to convert all buses to electric or green-energy vehicles by 2030, supporting a broader goal of reducing emissions in the city’s transportation sector.

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  • VinFast Plans to Launch 100+ Electric Vehicle Service Centers Across the Philippines

    VinFast Plans to Launch 100+ Electric Vehicle Service Centers Across the Philippines

    VinFast, Vietnam’s rising star in electric vehicle (EV) manufacturing, is gearing up to revolutionize the automotive landscape in the Philippines. In an exciting announcement, the company revealed a partnership with four key Philippine firms to roll out over 100 authorized service centers throughout the country in 2025.

    Forging Strategic Partnerships

    The collaboration features prominent names like Goodyear Philippines, Tire King and Rubber Products, Power Tread Services, and Marcjan Cavite. These partners will manage VinFast service centers, ensuring that maintenance, repairs, and customer support for EVs meet global standards—something that has become a hallmark of the VinFast brand.

    Excitingly, VinFast and Goodyear plan to kick off their endeavor with the launch of 50 authorized service centers this year, while Marcjan Cavite will launch eight, and Tire King and Power Tread will each establish seven. These centers aren’t just ordinary workshops; they must adhere to stringent regulations regarding facilities, equipment, and technician qualifications. Genuine parts and exceptional service will be prioritized for VinFast vehicle owners.

    Supporting the Network Expansion

    To assist in this ambitious rollout, VinFast is committed to providing extensive support to its partners. This includes personnel training, technical consulting, and operational expertise, ensuring a smooth and rapid expansion of their service network.

    This latest initiative builds on previously signed memoranda of understanding with Philippine partners JIGA and Motech, firmly positioning VinFast to enhance after-sales services while expanding its footprint in the burgeoning EV market.

    Just shy of a year since VinFast made its debut in the Philippines, the company is already making waves with its innovative smart EV models, competitive sales strategies, and an expanding after-sales network.

    Charting a Path for Sustainable Future

    In its quest for a greener tomorrow, VinFast is dedicated to cultivating a comprehensive “For a Green Future” ecosystem in Southeast Asia. This ambitious vision focuses on developing robust charging infrastructure and service centers—an operational model that has already proven effective in Vietnam and is now being replicated in dynamic markets like the Philippines.

    For those wondering if the EV boom will take off as swiftly as a VinFast model off the assembly line, one might find it hard to resist a ride in one of their electric beauties!

    Questions & Answers

    What are the partnerships VinFast has formed in the Philippines?
    VinFast has partnered with Goodyear Philippines, Tire King and Rubber Products, Power Tread Services, and Marcjan Cavite to establish over 100 authorized service centers.

    When will the service centers be operational?
    The first wave of 50 service centers is expected to launch in 2025, with additional centers rolling out throughout the year.

    How does VinFast support its service partners?
    VinFast provides comprehensive support, including training for personnel, technical consulting, and operational expertise, to facilitate the rapid establishment of its service network.

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  • VinFast Anticipates 2024 Sales Surge, Aiming for Double Deliveries by 2025

    VinFast Anticipates 2024 Sales Surge, Aiming for Double Deliveries by 2025

    VinFast Sees Strong Revenue Growth Amid Global Market Challenges

    Company Reports Significant Increases in Deliveries and Revenue

    VinFast, the Vietnamese electric vehicle (EV) manufacturer, has demonstrated impressive revenue growth in its unaudited financial statements for Q4 and the full year of 2024, despite facing uncertainties in the global market. The company posted a remarkable quarterly revenue of VND 16.5 trillion (approximately US$678 million), marking a 70% increase compared to the previous year. Total revenue for 2024 reached VND 44 trillion, a 58% year-on-year growth.

    Surge in Electric Vehicle Deliveries

    In an outstanding performance, VinFast delivered over 53,000 EVs in Q4 alone, a staggering 143% increase from Q3 and more than 20 times higher than the same period last year. The total number of vehicles delivered throughout 2024 approached 97,400 units, representing a 192% surge over 2023. Moreover, the company’s electric motorcycle sales remained robust, with nearly 71,000 units sold during the year.

    Robust Financial Backing from Parent Group Vingroup

    VinFast continues to benefit from strong financial support from its parent company, Vingroup, and founder Pham Nhat Vuong. As of the end of Q1 2025, Vuong has infused $411 million in non-refundable assistance as part of a larger $2.1 billion commitment. Additionally, Vingroup has pledged up to $1.4 billion in further funding to support VinFast’s growth trajectory.

    Strategic Expansion into International Markets

    VinFast is aggressively expanding its presence in international markets. In Indonesia, the company exported nearly 2,500 vehicles in Q1 2025 and established 22 dealerships. The Philippines has also welcomed five model offerings, following the successful launch of the VF 6, with plans to expand to 60 stores across the country.

    In North America, VinFast has transitioned from a direct-to-consumer model to a dealer-based sales approach, successfully setting up 38 dealerships across 16 U.S. states. In Europe, deliveries of the VF 6 have commenced, and the company is ramping up its distribution network.

    Innovations in Domestic Market Offerings

    On the domestic front, VinFast has introduced a new “Green” EV lineup designed for transport services, with plans to initiate deliveries for two models in Q2 and two additional models by August. This move aligns with the company’s commitment to enhancing sustainable mobility solutions.

    Commitment to Growing Market Share in 2025

    Looking ahead, VinFast aims to double its global vehicle deliveries in 2025, focusing on flexibility in its strategies while reinforcing its dedication to green mobility initiatives.

    As consumer trends continue to gravitate towards sustainable mobility, VinFast’s aggressive expansion and innovative offerings not only signify the company’s resilience but may also reshape the retail landscape in the automotive sector. This strategic growth could potentially enhance consumer options and accelerate the transition to electric vehicles globally.

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  • Nvidia’s CEO Believes Autonomous Vehicles Will Be All Over The World

    Nvidia’s CEO Believes Autonomous Vehicles Will Be All Over The World

    Nvidia’s founder and CEO Jensen Huang have revealed in a wide-ranging interview that autonomous vehicles will be prevalent all over the world. He believes 2022 is the inflection point for the development of autonomous vehicles and their adoption and by 2025, Nvidia will also be deploying its software at scale. By 2025, Nvidia will start monetizing its software by gathering licensing with revenue-sharing agreements with car companies.

    “I am certain that we will have autonomous vehicles all over the world. They all have their operating domains. And some of that is just within the boundaries of a very large warehouse. They call them AMRs, autonomous moving robots. You could have them inside walled factories, and so they could be moving goods and inventory around,” Huang told the Venturebeat.

    The Nvidia CEO’s comments come on the sidelines of its failed attempt to acquire ARM from SoftBank after the proposed deal faced universal negative pushback from regulatory authorities across the world. ARM, which designs chipsets and licenses its designs to countless companies across the world, is perhaps the last fabless and neutral chip design firm in the world. Its importance is so crucial because its designs are used nearly in everything from connected cars, autonomous cars, smartphones, tablets, PCs, IoT products to wearables.

    Huang believed that the failed ARM bid hadn’t impacted Nvidia one bit and from a long-term perspective he believed its autonomous division would be one of its biggest businesses. He added that Nvidia would continue to use ARM’s designs thanks to its 20-year license and it would utilize it across its product portfolio with new CPU designs already in development.

    “This will be a big year for us. And then next year, it’ll be even bigger next year. And in 2025, that’s when we deploy our own software where we do revenue sharing with the car companies. And so if the license was $10,000, we shared 50-50. If it’s a subscription base of $1,000 or $100 a month, we share 50-50. I think I’m pretty certain now that autonomous vehicles will be one of our largest businesses,” he added.

    Recently, Nvidia announced a wide-ranging deal with Jaguar Land Rover where it will be helping the iconic British automakers to develop autonomous cars and unique in-car experiences. The deal also entails Jaguar Land Rover leveraging Nvidia’s server-grade DGX GPUs.

  • Tesla Recalls 817,000 Vehicles In U.S. Over Seat Belt Reminder Alert

    Tesla Recalls 817,000 Vehicles In U.S. Over Seat Belt Reminder Alert

    Tesl is recalling more than 817,000 vehicles in the United States because an audible alert may not activate when a vehicle starts and the driver has not buckled the seat belt, a U.S. auto safety regulator said. The National Highway Traffic Safety Administration (NHTSA) said on Thursday the vehicles, 2021-2022 Model S and Model X, 2017-2022 Model 3, and 2020-2022 Model Y fail to comply with a federal motor vehicle safety standard on “Occupant Crash Protection” because the chime does not activate. Tesla will perform an over-the-air (OTA) software update to address the issue.

    Tesla told NHTSA that as of Jan. 31 it was unaware of any crashes or injuries related to the issue. Tesla said in a document filed with NHTSA, the South Korea Automobile Testing & Research Institute (KATRI) on Jan. 6 brought the condition to Tesla’s attention. Tesla said on the recalled vehicles a software error may prevent the chime from activating upon vehicle start under certain circumstances.

    The automaker said the issue was limited to circumstances where the chime was interrupted in the preceding drive cycle and the seat belt was not buckled after that interruption. Tesla added the issue does not affect the audible seat belt reminder chime from activating when the vehicle exceeds 22 km/h and the driver seat belt is not detected as buckled. The condition does not impact the accuracy of the accompanying visual seat belt reminder. Tesla has come under increasing scrutiny from U.S. regulators and issued several recalls in recent months.

    On Tuesday, Tesla said it was recalling 53,822 U.S. vehicles with the company’s Full Self-Driving (Beta) software that may allow some models to conduct “rolling stops” and not come to a complete stop at intersections posing a safety risk. Tesla will perform an over-the-air software update that disables the “rolling stop” functionality, NHTSA said.

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  • Court Finds Mazda Australia Misled Customers On Refunds For Faulty Vehicles

    Court Finds Mazda Australia Misled Customers On Refunds For Faulty Vehicles

    An Australian federal court has found that the local unit of Japanese automaker Mazda Motor Corp misled customers over their rights, the country’s competition regulator said on Tuesday.

    The Australian Competition and Consumer Commission started court proceedings against Mazda in October 2019 in a case involving seven different Mazda vehicles and 10 customers.

    It said the court found that Mazda made 49 separate false or misleading representations to nine consumers, who sought refund or replacement after facing serious and recurring faults with their vehicles within a year or two of purchase.

    Mazda either ignored or rejected the claims of the customers and told them that the only available remedy was another repair, the ACCC said.

    “Mazda’s conduct towards these consumers was not just appalling customer service as noted by the judge, it was a serious breach of the law,” ACCC Chair Rod Sims said in a statement.

    Mazda Australia said it was carefully considering the federal court finding, but declined to comment further.

    The court, however, dismissed the regulator’s allegations that Mazda engaged in “unconscionable conduct” in its dealings with these customers. It will decide on penalties and other orders sought by the ACCC at a later date.

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  • Tesla Vehicle Deliveries Hit Another Record In Q3

    Tesla Vehicle Deliveries Hit Another Record In Q3

    Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall Street estimates after Chief Executive Elon Musk asked staff to “go super hardcore” to make a quarter-end delivery push.

    Tesla has weathered the chip crisis better than rivals, with its overall deliveries surging 20% in the July to September period from its previous record in the second quarter, marking the sixth consecutive quarter-on-quarter gains.

    In China, rising exports to Europe and the introduction of a cheaper Model Y helped boost Tesla’s production, analysts said.

    Musk said Tesla suffered an extremely severe parts shortage earlier in the third quarter and had urged employees to make quarter-end delivery push, Reuters reported last month, citing an internal company email.

    “The end-of-quarter delivery wave is unusually high this time,” he said in the email.

    Tesla delivered 241,300 vehicles globally in the July to September quarter, up 73% from a year earlier. Analysts had expected the electric-car maker to deliver 229,242 vehicles, according to Refinitiv data.

    General Motors, Honda and some of its bigger rivals posted declines in U.S. sales in the third quarter, hit by a prolonged chip shortage. GM’s third-quarter U.S. sales fell nearly 33% to its lowest level in more than a decade.

    Tesla said it delivered 232,025 of its Model 3 compact cars and Model Y sport-utility vehicles and 9,275 of its flagship Model S and Model X cars to customers in the quarter.

    Total production in the third quarter rose over 15% to 237,823 vehicles from the prior quarter.

    Gary Black, portfolio manager at the Future Fund and a Tesla bull, said that Tesla’s deliveries were driven by record deliveries in China, which was “putting to rest any notion China demand is slowing.”

    Tesla faces scrutiny from both regulators and the public and growing competition from local rivals.

    Tesla has not released its September China sales yet, and in August, its Shanghai factory exported more than two thirds of its vehicles to Europe and Asian countries.

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  • China Tells Firms To Boost Cyber, Data Security Oversight On Connected Vehicles

    China Tells Firms To Boost Cyber, Data Security Oversight On Connected Vehicles

    China’s industry ministry published a notice on Thursday telling companies to step up cyber and data security oversight over connected vehicles, saying that security risks in the industry had become increasingly prominent.

    All relevant companies should establish data security management systems and regularly assess risks from network attacks, the Ministry of Industry and Information Technology said in a statement.