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VinFast chief plans to invest USD 1 bn more from his fortune in EV maker, ET Auto

"I plan to give VinFast USD 1 billion from my own pocket," he said without specifying a time frame. Vuong is the chief executive of VinFast, in which he has a 97% stake in direct ownership and through companies he controls.

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VinFast Is Burning Through Its Founder's Cash At An Alarming Rate

Plus Honda is spending billions on EVs in North America and Boeing profits are falling as deliveries slow.

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VinFast to continue to grow

Vingroup chairman Pham Nhat Vuong announced he will provide an additional $1 billion in sponsorship for VinFast at the company's AGM on April 25.

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HO CHI MINH CITY -- The chief executive of VinFast will invest $1 billion of his own money into the Vietnamese electric vehicle maker to sup

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VinFast Takes America by Storm, Opens 12 New Dealerships Across the Country

VinFast has reached a total of 18 dealerships across the United States. The Vietnamese automaker has just signed deals for 12 more

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HONG KONG -- Gotion High-tech, a major Chinese electric vehicle battery supplier, is taking a beating from the falling share price of Nasdaq-listed Vi

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Vietnamese EV Taxi Service Push Sustainability Agenda with VinFast

GSM, the online taxi provider uses VinFast as its transportation has served more than 50 million customers and expanded its reach to 36 provinces and cities.

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Elon Musk-led Tesla's advisor, VinFAST representatives attend India's first consultative meeting on new EV policy

India Business News: A host of global and local companies, including Tesla's advisor The Asia Group (TAG) India and Vietnam's VinFAST, participated in the initial consulta

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tesla: Elon Musk says he's looking forward to meeting PM Modi in India amid talks of Tesla entry

Musk comment comes amid media reports of Tesla looking at announcing investments in the country, which recently unveiled a policy extending concessional tariffs on fully imported electric cars manufactured by foreign carmakers who commit investments to start a local factory. Under the new EV policy announced March 15, the government will allow the import of completely built-up (CBU) electric cars that have a minimum cost, insurance and freight value of $35,000 (Rs29.2 lakh) at 15% import duty for a period of five years in exchange for a minimum investment of $500 million to start local manufacturing.

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Vinfast Officially Starts Sales Of VF E34 E-SUV In Indonesia

Vinfast Officially Starts Sales Of VF E34 E-SUV In Indonesia
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