HANOI -- Vietnamese electric vehicle maker VinFast is set to more than double its global production this year, even as it faces an uncertain market environment marked by slowing demand and intense price competition.
Electric vehicles
VinFast to double EV capacity despite sluggish demand
Vietnamese company bets on $10,000 EV to beat Chinese rivals on price
Vinfast released the VF3 electric vehicle in 2024. (Photo by Yuji Nitta)
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