Vietnamese EV-maker VinFast has designs on the US auto market—the company recently began building a factory in North Carolina, and now it has filed for an initial public offering on the US stock market. VinFast is also planning a funding round that could raise up to $1 billion ahead of the IPO. At this point,… Read more »
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Vietnam has joined the ranks of EV-producing nations, as automaker VinFast delivered its first batch of VF e34 EVs during a launch event at the company’s manufacturing complex in Hai Phong, Vietnam. The VF e34 is an electric SUV in the C/mid-size segment that was developed exclusively for the Vietnamese market. VinFast, which opened in… Read more »
Israeli battery developer StoreDot has raised up to $80 million in a Series D funding round that included Vingroup, bp ventures and Golden Energy. It will use the funding on research and development as well as mass production of its Extreme Fast Charging (XFC) battery cells by 2024. According to StoreDot, its research and development… Read more »
The steady global spread of e-buses is one of the most exciting success stories on the e-mobility front. The latest news comes from Vietnam, where Chinese charging powerhouse Star Charge has partnered with VinBus, a subsidiary of Vietnamese conglomerate VinGroup, to launch fleets of electric buses in several cities. VinBus plans to operate a total… Read more »