Category: Electric cars

Volvo EX90 electric SUV already sold out for its first year

2024 Volvo EX90The 2024 Volvo EX90 is still a few months away from the start of deliveries, but the electric SUV is already sold out for its first year of production. Volvo confirmed this in a press release detailing its first-quarter 2023 financial results, although it didn't disclose how many vehicles would be built in the first-year production run, only...

$2.5B boost may keep Vinfast moving despite IPO status

VinFast VF 8 PrototypeVinfast has secured additional funding pledges worth $2.5 billion, the company confirmed Wednesday. That may allow it to keep it moving smoothly ahead of its planned U.S. stock-market listing and past that timeframe. Of the new funding pledges, $1 billion will be provided as a non-refundable grant—the language used by the...