Vietnamese electric carmaker VinFast is pushing ahead with its expansion across Asia, despite a tepid start in the US market and slowing global EV demand. On June 12, founder Pham Nhat Vuong, Vietnam's richest man, remains undeterred and is considering delaying the opening of a North Carolina factory, which is expected to have an initial capacity of 150,000 vehicles per year. Vuong has expressed his willingness to invest all his money into his EV dream. Meanwhile, on June 13, Chinese EV makers are struggling to break VinFast’s hold in Vietnam.
China EV makers struggle to break VinFast’s hold in Vietnam https://t.co/aKqueznGip
Vietnam's richest man is willing to spend all his money oh his EV dream https://t.co/ffAp7riMKc via @technology
Vietnam's richest man is willing to spend all his money oh his EV dream https://t.co/1jJLYY2OWj
Pham Nhat Vuong, founder of Vietnamese electric carmaker VinFast, explains why the company is weighing whether to delay opening its North Carolina factory which is expected to have an initial capacity to make 150,000 vehicles a year https://t.co/pkh3ev7Czz https://t.co/YwCJAx3F7j
Vietnamese electric carmaker VinFast is pushing ahead with expansion across Asia, with founder Pham Nhat Vuong undettered by slowing global EV demand and a tepid start to the company’s foray into the US https://t.co/yKaT4qrwvB