Reported about 14 hours ago
VinFast, a Vietnamese electric vehicle manufacturer, has commenced production at its second domestic factory in Ha Tinh, aiming for an annual output of 200,000 affordable urban models. The company faces delays in its global expansion plans, with its U.S. factory's operations postponed to 2028 while the India assembly plant is set to commence soon. VinFast reports ambitious targets to produce 1 million vehicles yearly to cater to both local and international demand, despite significant financial losses.
Source: YAHOO