EV maker VinFast to build second production plant in Vietnam

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HANOI : Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and mid-sized models.

Company officials have said they remain confident of reaching the goal.

The company delivered fewer than 45,000 cars worldwide in the first nine months of 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndiaIndonesiaVietnam

Topics: Announced April Plant Year 2021 Vinfast Vietnamese Electric Factory Company Production

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-08 @ 13:40:34 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Readers: 54 people read this story

Article Length: 365 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24213744

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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News Last Updated: 13 hours ago

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