Big plans: A VinFast electric taxi in Hanoi. The firm needs to raise capital for its global expansion that includes factories in North Carolina, Indonesia and India. — Reuters
HANOI: A 65% slide in VinFast Auto Ltd’s stock this year underlines the challenge faced by the electric vehicle (EV) maker backed by Vietnam’s richest man.
It plans to almost triple vehicle delivery this year to 100,000, but barely hit a 10th of that goal in the first quarter.
Uh-oh! Daily quota reached.
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