Rise of Vietnam’s VinFast signals market shift in EV sector beyond China

  • VinFast's wild ride since its Nasdaq debut, including a valuation above Ford and GM, has garnered notable attention

  • The company’s high valuation and entry into the US market could signal a shift towards Southeast Asia for EVs

  • Vietnam emerges as a strong EV manufacturing alternative to China with lower labour costs and ample nickel reserves
August 28th, 2023
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