SAN FRANCISCO: Vietnamese car maker VinFast plans to build electric vehicle battery cells and packs in its planned US manufacturing complex, according to its global chief executive.
VinFast, part of Vingroup JSC, the largest conglomerate in the Communist-ruled country, had previously said it planned to start producing electric vehicles in the United States in the second half of 2024.
VinFast is betting on the US market, where it plans to debut affordable electric sport utility vehicles late this year with its battery leasing models.
“We will build our gigafactory in the United States as well,” said Le Thi Thu Thuy, Vingroup vice-chair and VinFast Global CEO. — Reuters
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