VinFast
News,Vietnam,Electric Vehicles & Mobility
Vinfast’s 2Q deliveries jump to 9,535 vehicles, more than 5x of 1Q23
Vietnam's electric vehicle maker Vinfast said on Monday it delivered 9,535 vehicles in the second quarter (2Q23), more than five times the number of deliveries in 1Q23.
September 19, 2023
Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026
VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.
September 13, 2023
News,Vietnam,Electric Vehicles & Mobility
Vietnamese EV maker VinFast debuts on NASDAQ after completing SPAC merger
Vietnamese electric vehicle (EV) automaker VinFast Auto Ltd. (VinFast) has made a strong debut on Nasdaq on Tuesday. The stock opened at $22, more than double the $10 per share agreed with VinFast's special purpose acquisition company (SPAC) partner Black Spade Acquisition (Black Spade) that had valued VinFast at $23 billion. The stock ended at $37.06 on…
August 16, 2023
News,Vietnam,Electric Vehicles & Mobility
VinFast and Black Spade complete business combination
Vietnamese automaker VinFast Auto Ltd. (VinFast) and Black Spade Acquisition Co (Black Spade) have on Monday announced the completion of their previously announced business combination. The listed company shares and warrants will commence trading on the Nasdaq Stock Market LLC (Nasdaq) under the ticker symbols “VFS” and “VFSWW,” respectively, on August 15,…
August 15, 2023
News,Vietnam,Electric Vehicles & Mobility
Black Spade’s shareholders approve business combination with VinFast
Vietnamese automaker VinFast Auto Ltd. (VinFast) and Black Spade Acquisition Co (Black Spade) have on Thursday announced that their previously announced business combination was approved at an extraordinary general meeting (EGM) of Black Spade’s shareholders. The business combination is expected to close on August 14, 2023.
August 11, 2023
News,Vietnam,Electric Vehicles & Mobility
US’s SEC declares effective for Vinfast and Black Spade merger
Vietnamese automaker VinFast Auto Pte. Ltd. (VinFast) and special purpose acquisition company Black Spade Acquisition Co (Black Spade) have announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the registration statement of their proposed business combination.
July 31, 2023
News,Vietnam,Electric Vehicles & Mobility
Vietnam’s VinFast to build electric vehicle factory in North Carolina next week
Vietnamese automaker VinFast has announced that it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. The factory is expected to start production in 2025.
July 20, 2023
Vietnam’s VinFast said to plan third quarter NASDAQ listing – report
The Vietnam-based EV maker had prepared for a traditional IPO before the capital markets became “very challenging” during the last 18 months, which is why the company opted to merge with a SPAC, chief executive officer Le Thi Thu Thuy said in May.
July 7, 2023
News,Vietnam,Electric Vehicles & Mobility
Vietnam’s VinFast expands European network with opening of Berlin store
Vietnamese electric vehicle (EV) manufacturer, VinFast, has opened the doors to its new showroom in Berlin. The new store is the third in Germany and continues the expansion of the marque’s network across Europe.
July 3, 2023
News,Vietnam,Electric Vehicles & Mobility
VinFast partners with BCA Europe to deploy trade-in solution across three European markets
Vietnamese automaker VinFast and United Kingdom-based used vehicle marketplace BCA Europe have announced a new three-year Pan-European agreement on trade-in activities. This new partnership will create a fully digital and in-store trade-in solution to provide European customers with a convenient, seamless experience in their transition to electrified…
May 26, 2023