Japanese car giant Toyota will build more of its vehicles at American plants. Toyota, the world’s largest automaker, said two new EVs will be made in Georgetown, Kentucky. Both SUVs — based on the best-selling RAV4 and the boxier Land Cruiser — will have three rows of seating. The move comes as part of Toyota’s ongoing effort to shift manufacturing to the …
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Vietnam automaker Vinfast opens factory in India, eyeing growth in Asia
THOOTHUKUDI, India (AP) — Vietnam’s Vinfast on Monday began production at a $500 million electric vehicle plant in southern India’s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity …
Read More »GM says EVs are its ‘North Star’ as legacy automaker chases Tesla
The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage” when it comes to EVs. …
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