Category: VinFast
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EV maker VinFast to build second production plant in Vietnam
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HANOI (Reuters) – Vietnamese electric car maker VinFast on Sunday announced a plan to build its second local production plant that will double its production capacity, saying it is needed to meet growing demand for its small and medium-sized models. VinFast said the new facility is expected to produce 300,000…
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Vietnam’s VinFast delays US electric car plant amid market slowdown By Reuters
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By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle maker VinFast has postponed the launch of its planned $4 billion North Carolina factory to 2028 and cut its delivery forecast for this year by about 20,000 units amid uncertainty in the global electric vehicle market. Vinfast, founded by Vietnam’s richest…
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Vietnam’s VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes
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HANOI, Vietnam (AP) — Vietnamese automaker VinFast, briefly the world’s third-most valuable automaker, has a big problem: It can’t sell enough cars. Idle factories are bleeding money and the company’s financial health is at stake. Finding the U.S. market difficult to penetrate, Vinfast hopes its smallest and cheapest car to…
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Why VinFast Auto Stock Soared Higher This Week
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shares Finfast Auto (NASDAQ: VFS) Shares rose more than 60% this week, according to data from Standard & Poor’s Global Market Intelligence. Vietnamese automobile group that manufactures electric cars (Electric vehicles) saw significant early demand for the affordable SUV that will be sold worldwide, including the United States. Shares are…
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Why VinFast Auto Stock Soared Higher This Week
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shares Finfast Auto (NASDAQ: VFS) Shares rose more than 60% this week, according to data from Standard & Poor’s Global Market Intelligence. Vietnamese automobile group that manufactures electric cars (Electric vehicles) saw significant early demand for the affordable SUV that will be sold worldwide, including the United States. Shares are…