HANOI, Vietnam — Vietnamese automaker VinFast says it plans to spend up to $2 billion to build an electric vehicle factory in India, the world’s third-largest auto market by sales. The factory in southern India’s Tamil Nadu state will be the company’s first foray into India and follows VinFast’s launch of sales in the United … Read more
VinFast, Vietnam’s electric vehicle manufacturer, plans to initially invest $500 million to set up an integrated facility in India and break into the world’s third-largest automobile market. The memorandum of understanding with the state government of Tamil Nadu, unveiled on Saturday, earmarks an investment of up to $2 billion, the company said without giving a … Read more
VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric vehicle maker VinFast’s ambitious plan to deliver as many as 50,000 vehicles this year is “unrealistic,” according to one analyst. VinFast said it expects to deliver 40,000 to 50,000 … Read more
BANGKOK, THAILAND – 2023/05/18: VinFast shows its automobiles at Future Power Asia Exhibition 2023 at Queen Sirikit Nationwide Conference Heart. Nathalie Jamois | Lightrocket | Getty Photos VinFast’s shares jumped after its U.S. buying and selling debut, vaulting its whole market worth previous a number of the world’s largest automakers corresponding to Ford, GM, BMW … Read more
Welcome again to The Station, your central hub for all previous, current and future technique of transferring folks and packages from Level A to Level B. Automakers have been combating software program growth for years now. However the stakes are greater than ever as a result of all of those corporations preserve touting the approaching … Read more