VinFast
Vietnam’s VinFast to raise $4B for US manufacturing facility via banks
Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.
Vietnam’s Vinfast invests in solid-state battery manufacturer ProLogium
VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…
Vietnam’s VinFast plans to open more than 50 stores in Europe
VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands. The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.
Vietnam’s EV maker VinFast’s IPO may be delayed till next year – report
The IPO is planned for the fourth quarter of this year.
Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles
VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…
VinFast seeks financing from US government for expansion – report
The news came after VinFast announced recently that its Singapore-based holding company had filed for an initial public offering (IPO) with US securities regulators.
Vietnam’s Vinfast to build EV factory in North Carolina
VinFast and the government of North Carolina announced Tuesday the signing of the memorandum of understanding (MOU) for the establishment of VinFast’s first North Americanmanufacturing plant. The company intends to invest up to $2 billion in the project’s phase one, creating thousands of jobs. VinFast’s factory will create a major manufacturing center in…
Israeli battery maker StoreDot raises $80M Series D funding led by Vietnam EV manufacturer VinFast
StoreDot has announced the first close of its Series D funding round of up to $80 million led by flagship Vietnamese electric vehicle (EV) manufacturer VinFast. Other investors included StoreDot bp ventures, and Golden Energy Global Investment Ltd., a wholly owned company by EVE Energy’s Founder Liu Jincheng. The funds raised by this round will be used to…
Vinfast delivers first batch of EV to customers in Vietnam
Vietnam automaker unit VinFast has released and distributed to customers its first batch of VF e34 electric vehicles (EV) at VinFast manufacturing complex in Hai Phong, Vietnam, making the country one of the world’s few countries to have mastered the technology behind clean-energy vehicle production.
