Akihiro Komuro, PSR’s analyst in Japan, reports on the expansion of VinFast EV subsidiary of the Vietnamese conglomerate VinGroup that is expanding to the US. VinFast has announced plans for a US headquarters and manufacturing plant in California. Other stories in this issue of PowerTALK include:

  • Global Economic Forecast: On Path To Recovery
  • DataPoint: North America AG Tractors
  • Europe: BMW Starts Production of EV Motorcycle
  • South America
    • Stellantis Confirms Second LCV
    • Higer Bus To Produce EV Buses in Brazil
    • Concessions for Proconve L7 Seen
    • Argentine Auto Sales Decline
  • China: Weichai Produces 150-Ton Mining Truck
  • Japan: NEDO Begins R&D on Hydrogen Aircraft
  • South Korea: Hyundai Launches Wage Half Price Plant
  • Vietnam: VinFast Launches EVs, Plans US HQ and Production Plant
  • India: Chip Shortage Batters Auto Industry
  • Russia
    • AutoVAZ Halts Production
    • Assembly of Russian Railway Kits Starts in India
    • Russian Mega-Project in Doubt