Vietnam’s VinFast seeks US government loans for expansion
The chairman of Vietnam’s Vingroup conglomerate said on Saturday that the company’s auto unit, VinFast, would seek financing from the U.S. government to support its expansion with a planned plant in North Carolina. “It is also one of our financing options, but we need to prove to them that we are qualified,” Vingroup Chairman Pham […]
Vietnam’s EV maker delivers first 45 cars in US market
ietnamese electric vehicle maker VinFast delivered its first 45 cars to customers in California on Wednesday, its first sales outside Vietnam.
Vietnam’s EV Maker VinFast Plans U.S. IPO in Second Half of 2022
Vietnamese conglomerate Vingroup JSC is restructuring its automobile unit VinFast ahead of a planned U.S. initial public offering in the second half of 2022.
Vietnam’s VinFast Investing Up To $6.5 Billion in U.S. EV Production
Vietnamese automaker VinFast announced plans Tuesday plans to set up an EV manufacturing complex in North Carolina set to go into operation by 2024. The facility eventually will have the capacity to produce up to 150,000 battery-electric vehicles annually, with VinFast planning to start off with two large SUVs that were unveiled at CES in […]
Vietnamese Car Maker VinFast Invests In Israeli Electric Vehicle Battery Startup
VinFast, the automobile arm of Vietnam’s largest conglomerate Vingroup, has led an $80 million funding round for Israeli electric vehicle battery developer StoreDot. The deal is expected to help VinFast secure fast-charging batteries for its own EVs as it prepares to launch in the U.S.
Vietnamese, Chinese companies partner for manufacturing electric car batteries
HANOI, Aug. 23 (Xinhua) — Vietnamese automaker VinFast has tied up with Chinese company Gotion High-Tech to research and produce batteries for electric vehicles, Vietnam News Agency reported Monday. Under a newly-signed memorandum of understanding, the two companies will work on building the first lithium iron phosphate (LFP) battery plant in Vietnam, the news agency […]
VinFast delivers first electric cars, Lohscheller leaves
VinFast has delivered its first electric cars to customers in Vietnam. This is the e-SUV VF e34, of which VinFast plans to deliver thousands more vehicles in January 2022. It was also announced that the German CEO Michael Lohscheller has resigned after only four months.
VinFast delivers first ever Vietnamese EVs to local customers
Infant automaker VinFast recently held a ceremony at its manufacturing complex in Hai Phong, Vietnam, to celebrate its first batch of VF e34 EVs. The VF e34 marks VinFast’s first model and the first ever electric vehicle to be sold in Vietnam. The start of production is also the first step in VinFast bringing its […]
VinFast in search of an EV manufacturing spot in Germany
The Vietnamese automaker VinFast is currently looking for a manufacturing spot in Germany to manufacture electric buses and cars, according to German news outlet Frankfurter Allgemeine Zeitung.
VinFast partners with ProLogium on solid-state EV batteries
Vietnamese automaker VinFast, which expects to launch two electric vehicles in Europe and the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast said in a statement.