The chief executive officer of the South Korean automaker said that hybrid vehicles are experiencing strong growth and are surpassing electric vehicles, even if only for now.
Electric vehicle batteries are proposed for exclusion from manufacturer collection and recycling duties, as there is currently no feedstock for automakers like VinFast and Toyota to recycle.
Electric powertrains comprise three main components: the motor, reducer, and inverter, each with distinct functions that operate in synchronized coordination.
Global electric vehicle sales reached 1,9 million units in October, increasing by 23% due to strong growth across markets. In Vietnam, VinFast also set a record with over 20,000 vehicles sold.