6 interesting facts about EV and Pros-Cons you should know 

Electric vehicles are not a passing trend; they become more affordable each year and consumers are becoming more comfortable with the idea of plugging in instead of fueling up. A recent survey found that some interesting electric car facts:  The first electric vehicle was created in 1832. (Energy.gov)  An EV would cost only $1.22 in energy to travel the same distance as a gallon of gas, which currently averages $3.83. (Energy.gov, AAA)  The majority of EV car sales are in three markets: China, Europe and the United States. China leads the way with 60 percent of EV car sales globally. (IEA)  EV car usage is on target to avoid the use of 5 million barrels of oil per day by 2030 (IEA)  77 percent of people who want to purchase an electric vehicle cite saving money on gas as the primary reason. (AAA)  More than one-third of Americans would “definitely” or “seriously consider buying an electric vehicle if they were to purchase a new car today (Consumer Reports).  Pros and cons of electric cars  Electric vehicles have come a long way in the last few years, but still have much more room for improvement. In addition to the electric car…

The fire rate of electric vehicles is 61 times lower than that of gasoline vehicles

Only 25 out of 100,000 all-electric vehicles are likely to catch fire, compared to more than 1,500 gasoline vehicles and nearly 3,500 hybrid vehicles, according to research from National Transportation Safety Board data. American National Institute (NTSB). The rate of electric vehicles burning is extremely low The recent study was conducted by AutoInsuranceEZ, an American insurance company, based on data from the National Transportation Safety Board (NTSB), Bureau of Transportation Statistics (BTS) and recall data. According to the US Government, vehicles with internal combustion engines have a significantly higher number of fires than fully electric vehicles. Accordingly, battery electric vehicles have only a 0.025% chance of catching fire, compared to 1.5% for internal combustion engine vehicles and 3.4% for hybrid vehicles. The study revealed that petrol and diesel vehicles experienced 1,530 fires per 100,000 vehicles, while only 25 out of 100,000 all-electric vehicles caught fire. This means that the fire rate of electric vehicles is only 1/61 compared to cars using gasoline and oil. In an interview with Forbes earlier this year, Richard Billyeald, CTO of Thatcham Research – the leading auto and motorbike insurance research center in the UK, said that electric vehicles generally have a lower risk of…

Electric-vehicle buyers demand new experiences – Opportunity for EV brands as VinFast to develop

Source: Mckinsey Research – Electric-vehicle buyers demand new experiences  Consumer attitudes toward electric vehicles are changing fast—and so are expectations of the car-purchasing experience. When buying an electric vehicle, consumers want an experience that matches their expectations of the car itself. That is, something exciting and innovative but also reliable and predictable. They expect to both transact online and negotiate with a real person, and they still need to take a test drive. However, the overall experience needs to be more seamless, more personalized, and more flexible than it was in the days of forecourt walkarounds. These are some of the findings of McKinsey’s latest Future of Auto Retail consumer survey, which polled more than 4,000 respondents globally, focusing on consumer sentiment around electrification, the car-purchasing experience, and innovations in automotive retail. The findings show that consumers expect an excellent experience but are not always sure that the industry is ready to meet their needs. In this article, we show how growth in demand for electric vehicles (EVs) is shaping the automotive retail journey. While consumers enjoy digital interactions, they are concerned about factors including opaque pricing, complexity in the configuration process, and variability between dealer offerings. When it comes…

Biden Administration Proposes $15 Billion Investment in EV Charging Infrastructure

In the second quarter of 2023, The Biden administration has made it a priority to address the lack of charging infrastructure. In his infrastructure plan, President Biden has proposed investing $15 billion in EV charging infrastructure. This investment would help to accelerate the installation of chargers across the country, making it easier for people to switch to EVs.  America is facing a major challenge in its transition to electric vehicles (EVs): the lack of charging infrastructure. While the number of EVs on the road is growing rapidly, the number of public charging stations is not keeping pace. This is a major barrier to EV adoption, as many potential EV buyers are concerned about being able to find a place to charge their cars.  There are a number of reasons for the lack of charging infrastructure in America. One reason is that the cost of installing charging stations is high. Another reason is that there is no single standard for EV charging connectors, which makes it difficult for businesses and governments to install chargers. Finally, there is a lack of federal funding for EV charging infrastructure.  With the above decision, a number of electric vehicle infrastructure issues will be resolved. In…

The reason why VinES confidently competes with Chinese batteries

Although it is making the Korean and Japanese battery industries ‘smoke’, Chinese batteries do not worry VinES because according to Ms. Pham Thuy Linh – General Director of VinES, they still have certain competitive advantages.  In the past 10 years, thanks to the support of the Government and the exploding green car trend in the country (the growth rate of electric cars in China in a decade has been faster than many decades of growth in the Japanese and European markets). Europe or North America) Chinese battery companies have grown strongly in both output and the speed of battery technology development. Even for car manufacturers such as Tesla, Volkswagen, Hyundai, BMW… equipping batteries from China on car models sold in this market also helps them have a certain competitive advantage.  And CATL is the battery company that has this advantage and has grown rapidly, surpassing LG Chem, Panasonic, SK On, and Samsung SDI to lead the battery supply chain for 6 consecutive years. The explosion of the domestic electric vehicle market also caused another name, BYD, to rise to the 3rd position in global battery market share, even surpassing LG Chem, which ranked 2nd in the field of electric vehicle…

NASA technology helps fully charge electric vehicles in 5 minutes

Experimental technology NASA uses to cool equipment in space could cut electric vehicle (EV) charging times to less than five minutes. This news comes in the context that electric vehicle sales are on the rise and have reached their highest level ever.  The experimental technology was initially developed by scientists to support “nuclear fission power systems for missions to the Moon, Mars, and other more distant planets.” Specifically, this technology provides fuel for “vapor compression heat pumps to operate. From there, EV engines help maintain habitats on the Moon and Mars, while controlling heat and supporting life inside spacecraft.”  Thanks to the “subcooled flow boiling” technique, NASA technology can increase the current through improved heat transfer through the charging cable. This will significantly reduce the time needed to fully charge a vehicle.  NASA explains that an electric current with a minimum strength of 1,400 amps can fully charge an electric car within 5 minutes. Meanwhile, the fastest chargers used in science and industry today only produce a maximum of 520 amps, and most chargers on the market only support less than 150 amps.  A research team from Purdue University, led by mechanical engineering professor Issam Mudawar, said their experiment successfully…

Increasing Access to Zero-Emission Vehicles for all Californians

As the leading state in eliminating fossil fuels in the US, the California state government has announced a plan to reduce carbon emissions that cause environmental pollution, with the goal that by 2035 all new cars sold will be emission-free. This goal was set by state governor Gavin Newsom in his roadmap to gradually reduce the number of new vehicles sold without emissions.   If approved by the California Air Resources Board (CARB), this will become a “guideline” for all states’ efforts to reduce emissions, because California is currently the largest car consumption market in the United States with more than 40 million consumers. The specific roadmap is that the state of California will increase the number of new cars sold without emissions by 1/3 by 2026 and by 2/3 by 2030.  Governor Newsom proposed, and the Legislature has approved, $2.7 billion in fiscal year 2022-23, and $3.9 billion over three years, for investment in ZEV adoption, as well as clean mobility options for California’s most environmentally and economically burdened communities. These programs support the new regulation by increasing access to ZEVs for all Californians, including moderate- and low-income consumers. They include:  Clean Cars 4 All provides up to $9,500 to…

The US continues to expand car charging stations, a “golden” opportunity for VinFast

To realize the country’s plan to eliminate carbon emissions by 2050, the US Government has issued policies to develop electrified vehicles and expand the car charging station system in this country. This is a huge opportunity for VinFast electric cars in the US.  New policies on expanding the car charging station system in the US  Building a system of public electric charging stations will make owning an electric vehicle easier and more practical. In order to solve the problem of a limited number of charging stations and accelerate the process of making electric vehicles a popular vehicle, the US government has issued many new policies to expand the electric car charging station system nationwide. .  Car charging stations in the US – a million-dollar industry  According to the US Department of Energy, with 1.8 million electric cars on US roads, there are only about 100,000 charging sockets at about 41,000 public charging stations and fewer than 5,000 fast charging stations. This difference has caused many difficulties for consumers when considering traveling by electric vehicle.  According to The Brattle Group (US economic and financial consulting organization), the number of electric vehicles in the US could increase to 35 million by 2030,…

Charging solutions and mobile application integration for VinFast EV with Electrify America

Founded in late 2016 and headquartered in Reston, Virginia, Electrify America is a subsidiary of Volkswagen America. This is one of the companies that owns the largest fast charging towers in the US. VinFast and Electrify America announced an agreement to provide charging services for VinFast electric car models.  In near future, customers who own VinFast’s VF 8 and VF 9 will enjoy the smart Plug & Charge feature to connect to Electrify America’s network of charging stations across the United States. This is a technology that allows vehicle drivers to pay for each charging session by plugging the charger into the electric vehicle, with just one completed installation on the VinFast app.  Immediately after announcing the construction of an electric vehicle factory in the US, VinFast continued to announce a cooperation with Electrify America – one of the companies that owns the largest fast charging station in the US. With the same mission towards Zero-Emission Vehicles, the cooperation between the two parties will bring a complete driving experience to customers, contributing to accelerating the global electric vehicle revolution.  Electrify America currently owns 800 electric vehicle charging stations and about 3,500 individual charging ports in operation and in the completion…

VinFast and Green Vehicle on the journey towards a sustainable future

According to the World Health Organization (WHO), air is the cause of nearly 7 million deaths each year.  This situation raises deep concerns about public health as well as a pressing issue: What solutions are there to minimize the burden on the environment? That is why the green living trend is increasingly receiving strong support and the green vehicle trend is also gradually becoming an indispensable part on the path towards the era of sustainable development.   So what is a green car or green vehicle? Green cars or green vehicles are road vehicles that use electric or hybrid engines, causing less harm to the environment than vehicles using traditional internal combustion engines. Not only do they provide a perfect driving experience that is not inferior, electric motorbikes and electric cars also overcome the disadvantages of internal combustion engine vehicles.  The global air pollution situation has caused many countries to plan to “kill” cars using internal combustion engines and encourage the production and use of electric cars. That is one of the reasons leading to the remarkable development of the electric car industry.   According to The California Air Resources Board, California has 1.5 million zero-emission vehicles in use – two years…