This is the fourth such instance of an electric scooter catching fire in four days, adding to the debate on safety standards of electric two-wheelers in the Indian market.
VinFast is betting big on the U.S. market, where it hopes to compete with legacy automakers and startups with affordable electric SUVs and a battery leasing model.
The plant will produce around 250,000 power units a year from mid-2024, the first European in-house location to make electric vehicle parts for Ford, which has pledged that its car line-up for the continent will be all-electric by 2030.
Xiaomi said it would commit to investing $10 billion in a new electric car division over the next ten years. The company completed the business registration of its EV unit in late August.
India's KABIL, a mining joint venture between National Aluminium Co, Hindustan Copper Ltd and Mineral Exploration Corp Ltd, has signed a preliminary agreement with Australia's Critical Minerals Facilitation Office (CMFO) in a bid to firm up supplies of key minerals needed to further its electric vehicle plans.
According to reports, the government has ordered an inquiry into the increasing number of incidents of fire in electric two-wheelers, including electric scooters of Ola Electric and Okinawa Electric.
Electric vehicle (EV) battery startup Britishvolt and VKTR, part of Bakrie & Brothers' auto unit, said on Tuesday they would develop sustainable nickel refining capacity in Indonesia and look into building a battery plant there.
