On August 15thVinFast, a Vietnamese electric-vehicle (EV) manufacturer, made its trading debut on the Nasdaq, an American stock exchange. It was quite the entrance: the company’s share price rocketed, pushing its market capitalisation from $23bn to $85bn. That is almost as much as Ford...
HANOI (Reuters) - Vietnamese electric vehicle (EV) maker VinFast signed an agreement on Saturday to set up its first manufacturing facilities in India, as the ambitious company seeks to penetrate the world's third-largest vehicle market. VinFast and the southern state of Ta...
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First up, Vietnamese electric vehicle startup VinFast has its sight set on becoming a major global car company, but its US rollout has been more like a roll coaster. When the company went public on the NASDAQ in August, it was briefly worth more than Ford and GM combined. But the ...
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Currently, the IC engine segment leads the high-performing luxury car market. However, during the forecast period, the demand for IC engine vehicles is anticipated to slow down as major players in the European region are planning to completely stop the production of gasoline cars and focus on...
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