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VinFast is recalling 2,097 electric vehicles to fix various technical issues. Some of the VF e34 and VF 5 Plus cars produced between September 2023 and April 2024 face the threat of bolts securing the upper cover of the high-voltage battery becoming loose,…
VinFast is recalling 5,912 VF 5 Plus electric vehicles manufactured last year to fix the issue of headlights turning off when the left turn signal is switched on. The company said the headlights in some VF 5 Plus cars, the smallest in its EV lineup, could…
Vietnam’s first electric vehicle (EV) maker VinFast plans to build a plant with an investment capital of 18.6 trillion Rp (US$1.2 billion) in Indonesia, according to Presidential Chief of Staff of Indonesia Moeldoko. Moeldoko told a press on Nov. 6 that the…
Vietnamese electric car maker VinFast said on Thursday its third-quarter revenue more than doubled with the largest share of its sales going to an affiliate company owned by its founder. About 60% of VinFast’s deliveries, or more than 6,000 vehicles, went to…
VinFast has become the third most valuable electric vehicle maker behind Tesla and BYD with a market cap of US$85 billion. Its shares listed on the U.S.’s Nasdaq stock exchange Tuesday at $22 and closed at over $37 billion. VinFast’s market cap is higher than…
Vietnamese electric vehicle maker VinFast said it expects to start trading on the U.S. Nasdaq as soon as next week after its merger into a special purchase acquisition company (SPAC) was approved on Thursday. On Thursday, shareholders of Hong Kong-based Black…
VinFast, the subsidiary automaker of Vietnamese conglomerate Vingroup, has announced it will hold a groundbreaking ceremony of its electric vehicle (EV) factory in North Carolina, the U.S., on July 28. This will be the first EV manufacturing facility in the…
Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch of vehicles it shipped to the United States last year following a safety warning issued by U.S. authorities. The move came after the U.S. National Highway Traffic…
VinFast, a member of Vietnamese private conglomerate Vingroup on April 15 announced that it would export 1,800 VF 8 electric cars to the U.S. and Canada. The cars is expected to depart in the next few days, announced VinFast. As planned, the cars will be sold…
Vietnamese carmaker VinFast said on Thursday it will begin delivering its new electric sport utility vehicles (SUVs) to local customers this week and targets overseas deliveries in the coming months. VinFast, which began operations in 2019, is gearing up to…
Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market as the startup grapples with a stalled shipment of its first cars and prepares for a…
Vietnam’s electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering (IPO) in the United States to list on the Nasdaq under ticker symbol “VFS” to fund its expansion with a planned plant in North Carolina. VinFast, which began…
VinFast had shipped its first batch of 999 cars to the U.S., capping a five-year bid to develop an auto production hub in Vietnam for markets in North America and Europe. The company said that the first cars are expected to be handed over to customers by the…
VinFast plans to set up headquarters in Germany, France and the Netherlands as it eyes a successful foray into key European markets for its electric cars. But it is unclear when the Frankfurt, Paris and Amsterdam offices will open. The company is set to open…
Delivery company Ahamove has partnered with automaker VinFast to launch AhaFast, the first delivery service in Vietnam to use only electric bikes. AhaFast began operation Thursday in Da Nang City with 100 electric Feliz S motorbikes provided by VinFast. The…
Automaker VinFast has stopped accepting new orders for gasoline-powered cars four months earlier than announced as it seeks to become a major global player in electronic vehicles. It has received a huge number of orders for its Lux SUV and sedan and Fadil…
