Vietnam's Vingroup looks to capture 1% of overall US auto market with its EVs

Vietnam's Vingroup looks to capture 1% of overall US auto market with its EVs

FILE PHOTO: Workers at Vinfast's auto plant on the occasion of its opening ceremony in Hai Phong city, Vietnam June 14, 2019. REUTERS/Kham

Top Vietnamese conglomerate Vingroup aims to reach annual electric vehicle sales of 160,000 to 180,000 in the US — the equivalent of 1% of all automobiles, electric or otherwise, sold in the country.

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