Techno Blender
Digitally Yours.
Browsing Tag

VFS

VinFast (VFS) EV deliveries pick up in Q4 but not enough

Vietnamese EV maker VinFast (VFS) saw deliveries pick up in the fourth quarter, but not enough to top its goal of handing over 40,000 to 50,000 vehicles in 2023. VinFast Q4 EV deliveries rise 35% According to an SEC filing Thursday, VinFast delivered 13,513 EVs in the last three months of 2023. Although Q4 EV deliveries were up 35% from the previous quarter, VinFast still missed its 40,000 – 50,000 delivery goal in 2023. VinFast delivered 34,855 EVs in 2023. The EV maker has now handed…

North Carolina’s Billion-Dollar Bet on an EV Outsider

Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular: North Carolina. For years, officials there had been trying to get an automobile manufacturer to set up shop in rural Chatham County. More than a billion dollars of incentives got them the Vietnamese upstart with huge ambitions but a limited record.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8