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The automotive market becoming prosper, racing firms expand market share

19/04/2022

On April 12, the Japanese automaker Honda announced a new plan for the development of electric vehicles (EVs), with the goal of being able to introduce 30 models to the world by 2030. Hyundai in Vietnam also announced nearly 70% increase in auto sales. Along with that, VinFast car company said sales of cars in March were 3 times higher…

According to the new specific plan, Honda car company aims to reach 2 million units/year by 2030, accounting for half of the total number of vehicles sold. In the Japanese market, it aims to sell 1 million units/year by 2025.

In 2021, Honda’s automotive production reached 4.13 million units. With the goal of increasing the production of electric cars in the general production structure, Honda announced an investment of about 5,000 billion yen over a 10-year period for EV research and development and related software. In order to improve the mileage of electric vehicles, Honda is also focusing on the development of new generation batteries.

Currently, its goal is to successfully test a fully solid-state battery by mid-2024, which is expected to last longer than the currently used Lithium ion batteries in today’s electric vehicles.

Earlier, Honda announced that its goal of 2040 will be to completely convert new vehicles into fuel cell automobiles (FCV) and EVs.

The announcement of the specific plan shows that the car manufacturer is increasing the trend of electrification of automobile lines, in response to the government’s call for businesses to implement policies that contribute to implementing the goal of 46% reduction of greenhouse gas emissions by 2030 and carbon neutral by 2040.

VinFast has three times more car sales in March

On the afternoon of April 12, 2022, VinFast Trading and Service Co., Ltd. announced the results of the automobile business in March 2022, with a total of 3,471 cars sold.

Specifically, VinFast handed over 2,567 Fadil vehicles, 309 Lux A2.0 vehicles, 183 Lux SA2.0 vehicles and 412 VF e34 vehicles to customers in March 2022. With a total of 3,471 cars, the number of VinFast cars sold in March was 3 times higher than in February 2022.

VinFast Fadil continues to be the most popular model and led VinFast sales in March, with 2,567 vehicles sold. Meanwhile, the VF e34 electric car model has initially solved the difficulty of supplying components when handing over 412 vehicles to customers.

Vf e34 convoy conquered the headland of the fatherland. Photo: Van Xuyen/BNEWS/TTXVN

By the end of the first quarter of 2022, VinFast sold a total of 6,728 vehicles, including 4,665 Fadil vehicles, 678 Lux A2.0 vehicles, 880 Lux SA2.0 vehicles and 505 VF e34 vehicles.

In April 2022, VinFast is still offering a promotion for all its vehicles. In particular, three gasoline models including VinFast Lux SA2.0, Lux A2.0 and Fadil are all entitled to a 50% government registration fee for locally produced and assembled vehicles.

VinFast automobile business results in March 2022 (Unit: Car)
ModelFebruary 2022March 2022Accounting 2022
Fadil6972.5674.665
Lux A2.0170309678
Lux SA2.0234183880
VF e3453412505
Sum1.1543.4716.728

With two Lux models, VinFast also offers an additional 50% registration fee, while giving away 20 million VND in cash to all customers who purchase Lux A2.0; 80 million VND for Lux SA2.0 Advanced and Premium versions; 100 million VND for Lux SA2.0 Standard versions.

VF e34 is currently entitled to a 0% registration fee under the Government’s policy of supporting and encouraging cars to use clean energy. In addition, VinFast also presented an optional 60 million VND enhancement package, 2.2 kW portable charger and a range of offers for customers who buy electric cars in Vietnam.

Hyundai in Vietnam with nearly 70% increase in auto sales

On the morning of April 12, 2022, TC Group of Thanh Cong Group announced the results of selling Hyundai cars in Vietnam in March 2022 with sales of 7,069 cars, up 69.4% compared to February 2022.

Hyundai Accent sedans continue to lead TC Group’s vehicle sales in March 2022. Photo: BNEWS/TTXVN

Among TC Group‘s car products, Hyundai Accent sedan continues to be the model with the best number of sales in March with 2,031 cars delivered to customers, twice as high as February 2022.

Hyundai Creta B-SUV was introduced to the market in mid-March and started deliveries from March 25, 2022, recording 54 vehicles delivered to customers. Photo: BNEWS/TTXVN

Besides, the Hyundai Santa Fe SUV was in 2nd place with sales of 1,201 cars, up 51.5% compared to February 2022. The B-SUV Hyundai Creta model has been introduced to the market by TC Group since mid-March and the start of vehicle delivery from March 25, 2022 also recorded 54 vehicles handed over to customers.

Hyundai branded commercial vehicles in Vietnam recorded sales of 1,394 vehicles, an increase of 137% compared to February 2022.

According to TC Group representatives, by the end of the first quarter of 2022, the total number of Hyundai cars sold in the market reached 18,670 cars, an increase of 17.5% compared to the number of 15,886 cars sold in the same period of the first quarter of 2021.

This is a remarkable number for the first 3 months of 2022, when the market still faces complex developments of the COVID-19 pandemic, the semiconductor crisis, the shortage of chips as well as the shortage of supply of components, causing many car manufacturers to have a small impact on production activities, including Hyundai brand in Vietnam.

ModelT2 – 2022T3 – 2022Accrue 2022
Hyundai Grand i109871.1123.009
Hyundai Accent1.0012.0315.430
Hyundai Elantra251294999
Hyundai KONA2653951.164
Hyundai Tucson2875882.131
Hyundai SantaFe7931.2013.087
Hyundai Creta (**) 5454
Other template (*)11
COMMERCIAL VEHICLES5881.3942.795
Total: 4,1737.06918.670

Ford Motor is named one of the “100 Most Influential Companies in the World”

This is the second time that TIME magazine has made this list, with the aim of honoring 100 companies that make great marks around the world.

TIME Magazine says, “Children’s cars, SUVs, vans, and other light trucks are accounting for more than half of all U.S. traffic emissions, so electric vehicles (EVs) are key to mitigating climate change.

But if selling only electric cars is not enough – customers need to really want to own them.

Under CEO Jim Farley, Ford’s approach was to electrify some of its most popular models, such as the F-150 – America’s best-selling truck. This approach is working, and demand for the all-electric F-150 Lightning brought Ford’s market value to more than $100 billion for the first time in January.

Ford’s F-150 Lightning pickup truck is unveiled in Dearborn, Michigan, U.S., May 19, 2021. Photo: AFP/TTXVN

Mr. Bill Ford, CEO of Ford Motor Share, Ford is honored to be named one of the 100 most influential companies in TIME magazine.

This recognition is significant because it is not a personal achievement, but a shared recognition for Ford Motor’s outstanding staff. They worked tirelessly to bring a better world to the next generation.

Through their dedication and innovation, Ford Motor is transforming the future of transportation and transportation while building a greener, cleaner future.

To compile this list, TIME magazine has considered nominations from all fields, from health care and entertainment to transportation and technology. These nominations come from editors and reporters around the world, as well as industry experts.

TIME magazine editors then evaluated each of the key factors, including the relevance, impact, innovation, leadership, and achievements of the nominees.

Source: Bnews/TTXVN

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Là một phong trào môi trường có quy mô lớn nhất thế giới, Giờ Trái Đất đã tạo nguồn cảm hứng và thúc đẩy các cá nhân, cộng đồng, doanh nghiệp và tổ chức trên 190 quốc gia và vùng lãnh thổ hành động vì biến đổi khí hậu và mất môi trường tự nhiên. Đây cũng là sự kiện thuộc chuỗi phát triển bền vững từ Informa Markets với mong muốn tương tự. Hãy cùng MTA Vietnam tắt đèn từ 20:30-21:30 tối nay, thứ Bảy ngày 26/03/2022 và lắng nghe thông điệp hành động từ WWF toàn cầu trong Giờ Trái Đất 2022 nhé!
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Join Earth Hour with MTA Vietnam To Shape Our Future

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    MTA Vietnam 2022 Is Ready To Welcome The Return Of Our Exhibitors
[Vietnamese below]
With the latest news of ZERO QUARANTINE for international travelers entering Vietnam, MTA Vietnam 2022 is ready to welcome all of the international exhibiting companies to this years exhibition at SECC, District 7, Ho Chi Minh City, Vietnam from 06-09/07/2022. MTA Vietnam is the leading prestigious exhibition of the engineering and manufacturing industry in Vietnam with a lot of experiences from organization to marketing promotion, promising in this return, MTA Vietnam will bring up many surprises to the community in and out of the country. Contact us to BOOK YOUR STAND NOW!
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