Ford and Volkswagen have maintained a close partnership for several years, collaborating on various projects primarily focused on the European market. The upcoming Ford Explorer electric crossover, for instance, shares the same VW-developed MEB platform…

Matt Campbell assumed the lead at the start of Hour 6 in his No. 7 Porsche Penske Motorsports 963, carrying an 11-second advantage over Derani of Cadillac Racing. The gap widened to 15 seconds, half…

Filipe Albuquerque found himself at the helm of the No. 40 Wayne Taylor Racing with Andretti Acura ARX-06 as it came to a standstill on the track, necessitating recovery by a tow truck. Teamed up…

Hour four commenced with an immediate caution when serial LMP2 spinner Lance Willsey lost control of the #33 Ligier, almost colliding with Colton Herta’s then second-placed #10 WTRA Acura near Turn 6. During the caution,…

Haley, at the age of 24, has experienced a rollercoaster ride in his NASCAR career, marked by both challenges and successes. His notable achievement includes securing his only Cup victory in 2019 when he triumphed…

Sebastien Bourdais, driving the #01 Ganassi Cadillac, took the lead at the commencement of the second hour by smoothly overtaking Ricky Taylor, the initial-hour frontrunner in the #10 Wayne Taylor Racing with Andretti Acura, into…

During the final practice session for IMSA’s season opener on Friday morning, Clément Novalak encountered a pit lane incident that resulted in a leg and hip injury. While the injuries were deemed non-serious, they were…

The American outfit, Trackhouse Racing Team, has taken over the grid slots that were previously held by the RNF Racing team, which folded at the conclusion of the 2023 campaign. RNF Racing, led by Razlan…

Skoda might not be the first name that springs to mind when discussing rallying, lacking the extensive list of world titles like Lancia and Citroen or engaging in memorable rivalries like Mitsubishi and Subaru. It…

Pop! Bang! ASBO! Sure, it might be a bit on the juvenile side, but there’s an undeniable allure to witnessing flames shoot out from a car’s exhaust. Granted, it’s not the best thing for the…

In Saudi Arabia, the Jaguar driver found himself in contention for victory, engaged in a battle with Jean-Eric Vergne and eventual race winner Jake Dennis in the early stages. The trio broke away from the…

Heading into Saturday, Evans holds a 4.5-second lead over the nine-time Monte Carlo winner Ogier after completing eight of the 17 stages. Ogier, with his strong track record at his home event, is considered a…

Armando Christian Pérez, widely known as Pitbull, is set to entertain a capacity crowd at Daytona International Speedway before the green flag waves for NASCAR’s premier event. Throughout his remarkable career as a singer, songwriter,…

Driving the No. 31 Cadillac V-Series.R prepared by Action Express Racing, the Brazilian driver showcased an impressive performance with a quick lap time of 1m35.708s around the 12-turn, 3.56-mile road course at Daytona International Speedway.…

When it comes to cars boasting an extensive array of special editions, there are a few obvious contenders. The Mazda MX-5. The Abarth 500. The Lotus Elise. And of course, the Subaru WRX. The WRX…

The German remote-driving startup company Vay announced its debut commercial service on Wednesday. This service is operational in Las Vegas.

It involves a “teledriver” or a remote driver, offering short-term rental cars to the clients. The same teledriver is then responsible for picking them up once the rental tenure is over.

At present, this service is being offered in the region around the University of Nevada in Las Vegas. Furthermore, it is also available to those in the city’s arts district.

The service model is structured around renting cars to customers by

Fall from grace for the automaker.

As of this past week, its shares have tumbled about 40% from their highs. Prompting comparisons to other once-highflying overseas EV makers whose share prices have crashed.

Nonetheless, VinFast isn’t giving up. It’s betting big on US sales and is making aggressive plans for a nationwide expansion with a series of new EV models.

VinFast, owned by Vietnamese conglomerate Vingroup, rolled out its first EV model in September year. This was done to compete directly with other EV makers like Tesla and China’s NIO, Xpeng, and Li Auto.

However, the hopes of out-performing these established players has been a tough task to accomplish. The competition in the U.S. market is intimidating to new entrants due to established vehicle manufacturers and emerging EV start-ups.

VinFast aims to distinguish itself by offering a compelling combination of luxury, safety, and affordability. It has also been increasing its investments in research and development to keep pace with the rapidly evolving technological landscape.

Last year, it unveiled three new models: VF e35 and e36 SUVs, and the VF e34 sedan. The SUVs are designed to compete with the likes of Tesla Model Y and the Ford Mustang Mach-E, while the sedan is geared towards competing with the Model 3.

Still, it’s not all doom and gloom for VinFast. Despite recent setbacks, the company remains optimistic about its future. It acknowledges the challenges posed by the volatile market and stiff competition, but is undeterred in its mission to make sustainable mobility a reality for people around the world.

VinFast is planning to sell up to 56,000 vehicles in the U.S. in 2022. No small task given the current global supply chain issues and the ongoing pandemic which has greatly affected automobile production all over the world.

Yet, VinFast is determined to push forward. It will continue ramping up its production and expanding its retail network. As it presses onward, the company is sure to face more challenges and will be tested. However, its tenacity is clear and it is here to stay in this challenging EV market

David Wilson oversees Lexus Racing and the Vasser Sullivan team, which clinched the title last year with British drivers Jack Hawksworth and Ben Barnicoat. The 2024 season kicked off strongly at Daytona, where the sister…

Almirola, aged 39, made the decision to step back from his role as a full-time Cup Series driver at the conclusion of the 2023 season, concluding a six-year tenure with Stewart-Haas Racing. Shortly after his…

In the past, when TikTok and a 300bhp all-wheel-drive Yaris were unlikely topics of conversation, the Geneva Motor Show reigned supreme. It was the pinnacle event for manufacturers, showcasing a flood of new cars, genuine…

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