Automotive

Vietnam's VinFast struggles to sell electric cars at home

Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home.

Automotive

Ford reports higher US auto sales amid strong demand

Ford reported increased US quarterly sales Wednesday, reflecting strong demand despite higher interest rates in an auto market that has yet to see significant effects from a labor strike.

Energy & Green Tech

Energy transition at risk from commodity market fragmentation: IMF

Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to renewable energy as the world looks to combat climate change, the International Monetary Fund ...

Automotive

Vietnam's VinFast targets US electric car market

Vietnamese electric vehicle maker VinFast has made its debut on the Nasdaq, and its shares soared to push its stock market valuation past Ford and General Motors on its opening day of trading.

Business

Taiwan's Foxconn predicts huge growth in AI server business

Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said Wednesday.

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