HO CHI MINH CITY -- VinFast said it will secure lithium batteries for its electric vehicles by absorbing VinES, a sister company under a parent firm started by Vietnam's richest man.
Automobiles
Vietnam EV maker VinFast to absorb lithium battery affiliate
Nasdaq-listed company drives to end reliance on Samsung and CATL
Vietnam's VinFast is absorbing sister company VinES, which is building a battery factory in the country with China's Gotion. (Photo by Lien Hoang)
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