The construction of VinFast’s US factory will begin next week

The construction of VinFast’s US factory will begin next week.

The factory will become VinFast’s primary supplier of electric vehicles to the North American market when it begins operations.

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A facility with a capacity to produce 150,000 vehicles annually is among the project’s USD 2 billion investments in its first phase.

China’s BYD engage in a price war at a time when demand growth seems to be slowing in key countries.

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