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Vingroup to export electric SUVs to US and Europe from 2022

Vietnam-made models built on Nvidia chips for autonomous cars, funded by bonds

Vingroup's subsidiary VinFast plan to deliver the electric SUVs known as VF31, VF32 and VF33 to the U.S., Canada and Europe in June 2022. (Photo courtesy of Vingroup)

HO CHI MINH CITY -- Vietnam's Vingroup has unveiled a lineup of electric vehicles to gain a foothold in the American and European car markets, an effort to be partly funded by an upcoming $302 million bond issue.

Vingroup subsidiary VinFast will produce three sport utility vehicle models that use artificial intelligence to run autopilot features such as steering, parking assistance and 3D mapping, Vietnam's biggest private company announced late last week. Known as VF31, VF32 and VF33, the SUVs are built using a category of Orin chips made by graphics processing giant Nvidia for autonomous vehicles.

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