The Tokyo government is spending up to 1,3 million yen to help residents buy electric vehicles, with some brands, such as Toyota and Honda, benefiting from the policy.
VinFast's electric vehicle sales rose 21% from June, with the company delivering 21,781 cars to customers, bringing the year-to-date total to almost 137,700 units.
Electric vehicle charging stations must display power consumption, unit prices, service fees, charging duration, and the total amount customers pay, according to a draft circular from the Ministry of Industry and Trade.
In Q2, Vingroup's profit after tax reached 14,763 billion VND, 6.5 times higher than the same period last year, driven by increased revenue from real estate, electric vehicle manufacturing, and financial activities.
Japan's automaker leadership admits that prolonged market dominance risks obsolescence, necessitating comprehensive changes to compete with Tesla and BYD.
