HO CHI MINH CITY -- VinFast aims to build factories in India and Indonesia, while anticipating a $1.2 billion cash infusion from its founder and others as the Nasdaq-listed electric vehicle producer hopes to reach 50 markets by the end of 2024.
Automobiles
VinFast to invest $400m on India, Indonesia EV factories
Founder of Vietnam's Nasdaq-listed carmaker to sell 46m shares to raise cash
VinFast hopes to construct plants in India and Indonesia, each assembling 50,000 electric cars annually. (Photo by Lien Hoang)
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