VinFast

Vietnamese EV maker VinFast celebrated its listing on the Nasdaq exchange under the ticker “VFS” on Tuesday. During its market debut, VinFast’s market cap easily surpassed Ford and GM, ending the day worth almost as much as both combined.

VinFast has leaped over its very last hurdle, a formality at the very least, to finalize its SPAC Merger with Black Spade Acquisition Company and list on the Nasdaq stock market. All is officially complete, enabling VinFast’s new ticker symbols to begin scrolling tomorrow.

After nearly two years of saying it was planning to do so, VinFast has a clear runway to publicly list on the Nasdaq, following approval by shareholders of Black Spade to complete a SPAC merger. With a formal filing expected to close quickly, we could see VinFast’s new ticker symbols scrolling the Nasdaq as early as next week.

Vietnamese EV maker VinFast announced Friday it’s planning to hold its US listing next month. The US Securities and Exchange Commission (SEC) gave VinFast the green light to proceed with its proposed SPAC deal.

Vietnamese EV automaker VinFast will kick off a slew of firsts in North Carolina next week, as it will officially break ground on a previously announced production facility – its first in North America.

EV maker VinFast is introducing a new program starting Thursday that includes compensation if buyers encounter issues with their vehicles. VinFast says it will pay owners based on the severity of the problem.

Vietnamese EV maker VinFast issued a voluntary recall for the entire first batch of 999 VF8 electric SUVs sent to the US over a software issue that poses safety risks.

EV maker VinFast is partnering with media giant Sony Pictures Entertainment to launch its new in-car streaming service. Launching this summer, VinFast EV buyers will have first access to the new media platform.

Vietnamese EV maker VinFast has ambitious goals for the future. The company’s founder said on Wednesday he expects electric vehicle sales to grow by nearly 600% this year. In addition, new VinFast models could include an electric pickup truck and a $10,000 to $12,000 minicar as it works to expand its lineup.

As flagship VF 8 models continue to make their way over to North America, Electrek was invited to VinFast’s first media drive event, and I was one of the first to experience the limited run City Edition SUV. While there is certainly room for improvement, VinFast is off to a promising start with the VF 8 – below are my thoughts.

VinFast Auto has formed a business combination agreement with Black Spade Acquisition Co. in hopes of finally achieving that IPO in the US it has been promising for years. If and when the transaction is complete, VinFast is expected be listed on the US stock market at an equity value over $23 billion.

Vietnamese EV automaker VinFast can continue its development and steadfast global expansion, thanks to a fresh round of funding from parent company VinGroup and its chair, Mr. Pham Nhat Vuong. The chair has offered up $1 billion of his own assets to the automotive branch just months after telling the public that the well had run dry.

VinFast released its most affordable EV yet on Friday, the VF 5 Plus electric SUV, starting at around $23,000. According to VinFast, the electric SUV received 3,000 reservations within nine hours of opening orders.

StoreDot, makers of ultrafast Tesla-like 4680 cells, today announced that it’s partnering with VinES Energy Solutions to develop extreme fast charging (XFC) battery cells that will be installed into VinFast EVs.

Vietnamese EV automaker Vinfast just relayed that its new VF 8 electric SUV has been added to the list of eligible vehicles under the Clean Vehicle Rebate Project (CVRP) created by the California Air Resources Board (CARB). New and existing VinFast customers can now qualify for up to $7,500 in tax rebates in California, which can extend to other participating states. Learn how to apply below.

Vietnamese EV maker VinFast is preparing to ship its longer-range VF 8 standard edition models to the US and Canada beginning next month. The larger, more powerful VF 9 SUV will follow “in the coming months” according to the automaker.

EV maker VinFast is facing another setback in its US electric vehicle expansion. The Vietnamese EV maker announced Friday it will postpone plans to begin production at its planned EV plant in North Carolina until 2025.

Vietnam’s largest conglomerate, Vingroup, announced Monday the formation of a new electric car and scooter rental company that will use VinFast EVs to promote green mobility.

US customers are gearing up for the first VinFast electric vehicle deliveries slated to begin this week. As we approach the big day, VinFast has marked down VF 8 City Edition lease prices by over 50%.

Vietnamese EV maker VinFast hit a massive milestone Friday after receiving the green light to begin construction on its first US-based EV manufacturing plant in North Carolina.

Vietnamese electric vehicle maker VinFast said Friday it will be delaying the first deliveries of VF8 models for US customers until late February as it finished loading the EVs with its latest software.