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Posts Tagged: EVs in Vietnam

Could Vietnamese startup VinFast be the next Hyundai?

Vietnamese automaker VinFast, which was founded in 2017, has global ambitions. The company recently raised $4 billion to support market launches in Germany, France, the Netherlands and the US. It has opened 6 stores in California, and is building a $2-billion manufacturing plant in North Carolina. The VinFast VF 8, an electric SUV, is scheduled… Read more »

Vietnamese EV-maker VinFast builds factory in North Carolina, plans US IPO

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 »

Vietnamese automaker VinFast delivers first batch of EVs

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 »