On the streets of Vietnamese cities crowded with scooters and on the main roads of the country, Japanese and American cars have long been the queens.
For the past three years, a new logo has appeared there: the chrome “V” of VinFast, a young local brand.
Pham Nhat Vuong, the mysterious Vietnamese billionaire at the head of Vingroup, a conglomerate present in real estate development, leisure parks, hotel complexes, trade, education or even health, has embarked on the industry car in 2017.
VinFast, a Vietnamese automaker taking on the West
Built in less than two years on former rice fields a few kilometers north of Haiphong, the major industrial and port city, the giant VinFast factory, integrating all the key components of electric vehicles, started production in June 2019. in addition to steel and plastic parts, this robotic site produces semiconductors and electric motors.
VinES, an energy storage solutions subsidiary, produces the packs…
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