It was supposed to be "the crown jewel of VinFast’s global expansion." Now, the Vietnamese auto startup's $4 billion electric vehicle factory near Raleigh, North Carolina will not open until 2028, ...
(Reuters) -Vietnamese electric vehicle maker VinFast on Thursday reported a wider second-quarter net loss as it stepped up spending on expansion and marketing to support its ambitious growth strategy.
VinFast is planning to sell its Vietnam manufacturing facilities to a buyer group that includes its ​founder and chief ...
There are a lot of winners and losers in today’s modern EV market. Like, for the past 20 years, investors and governments alike have dumped billions of dollars into their EV programs, with the goal of ...
VinFast Auto Ltd. plans to resume construction at its North Carolina factory this year even as losses in the fourth quarter widened and costs tied to its global expansion continue to rise. The U.S.
Gov. Josh Stein is signaling to VinFast that the clock is ticking.
Major asset sale: VinFast will transfer its Vietnam manufacturing assets to a group led by its founder for $530 million. Restructuring goals: The EV maker aims to reduce capital expenditure and focus ...