Vietnamese automaker VinFast in early talks with Foxconn for EV partnership

Vietnam’s largest conglomerate Vingroup said on Friday that its car unit was in early-stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts.

Foxconn has proposed acquiring EV production lines owned by the unit VinFast, two sources familiar with the matter told Reuters on condition of anonymity as they were not authorised to speak to the media.

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