Vietnam‘s VinFast plans to build electric vehicle battery cells and packs in a new U.S. manufacturing complex, its global chief executive told Reuters, as the company pledged to transform itself into an all–electric automaker by the end of this year.
VinFast, part of Vingroup JSC, the largest conglomerate in the Communist-ruled country, became the country’s first full-fledged domestic car maker when gasoline-powered models built under its own badge hit the streets in 2019.
