Vietnamese EV manufacturer VinFast, backed by Vingroup, expands globally into the Middle East market.
VinFast, a Vietnamese EV manufacturer, defies headwinds in the electric vehicle (EV) industry with global expansion plans, backed by parent company Vingroup, Vietnam's largest private conglomerate, led by Southeast Asia's wealthiest individual, Pham Nhat Vuong. Despite industry challenges, VinFast remains committed to the EV market, with established presence in the US, Canada, and SE Asia, now targeting the Middle East.
July 19, 2024
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