VinFast
Vietnam’s Vingroup starts construction on $173.7M EV battery manufacturing factory
Vingroup has started the construction of the $173.7 million electric vehicle (EV) battery manufacturing factory in Vietnam. The VinES Battery Manufacturing Factory which is located in the Vung Ang Economic Zone (Ha Tinh), is being developed on 8 hectares in its initial phase. The establishment of this factory represents an important milestone in its EV…
Vingroup seeks to list car unit in US in 2H2022 to raise at least $3B – report
Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.
