Vietnam's Vinfast plans to invest $4b in electric vehicle factory in the US

Vietnam's Vinfast plans to invest $4b in electric vehicle factory in the US

Photo: Reuters

Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory in North Carolina to make electric buses, sport utility vehicles (SUVs) along with batteries for EVs.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter