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VinFast Auto Ltd.

VinFast Auto Ltd.

Electric Vehicle Manufacturer

Appears in 1 story

Stories

VinFast's $4 billion bet on American EV manufacturing

Built World

Publicly traded (NASDAQ: VFS); production delayed to 2028

Vietnam has never had its own automaker—until VinFast. In July 2023, the six-year-old company broke ground on a 1,800-acre electric vehicle factory in rural North Carolina, pledging $4 billion and 7,500 jobs. It marked the largest economic development project in state history and North Carolina's first automotive manufacturing facility.

Updated Feb 10