Loss-making EV firm VinFast to get $3.4 bln more funding from founder, parent company
Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even.
Vietnam’s leading EV manufacturer, VinFast, secured a loan totaling 35 trillion Vietnamese dong ($1.4 billion) from its ...
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VinFast gets new capital injection from parentVinFast, a Vietnamese electric vehicle (EV) maker listed on the Nasdaq, is set to receive a capital boost of VND85tn ($3.35bn ...
Good morning! It’s Wednesday, November 13, and this is The Morning Shift, your daily roundup of the top automotive headlines ...
VinFast’s founder Vuong is said to be ready to inject 50 trillion dong (around USD 1.97 billion) into the new funding, ...
VinFast delivered over 11,000 electric vehicles in Vietnam in October. This brings total sales to over 51,000 units since the ...
When we first drove the VinFast VF8, we weren’t impressed. Our headline said it was “simply not ready for America,” and the ...
Consumer Reports reviews the VinFast VF8 electric SUV, the first model sold in the U.S. by a new Vietnamese automaker.
On Friday, November 15 at 8pm, VinFast will be live on Facebook to take reservations on its subcompact electric SUV, the VF3.
VinFast is set to open factories in India and Indonesia next year. Typically for startups in the automotive industry, ...
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