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Automobiles

Vietnam's VinFast plugs into VW's EV-charging network in U.S.

Vingroup arm also announces battery subscription service and issues NFTs

Vingroup's VinFast could have the first major stock listing in the U.S. for a Vietnamese company. (Photo by Lien Hoang)

HO CHI MINH CITY -- VinFast drivers will be able to charge their electric vehicles on a U.S. network created by Volkswagen, Vietnam's only fully fledged automaker said while announcing prices for its battery subscription service and a foray into the crypto sector.

The auto arm of Vingroup and the Electrify America charging network announced the tie-up late on Wednesday at the New York International Auto Show. Electrify America was founded when VW agreed to invest $2 billion in EV charging infrastructure as part of its settlement with U.S. authorities after the Audi and Porsche parent was found faking emissions data.

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