Monthly Archive: December 2022

Unlike many EV companies that gone public through a special purpose acquisition merger, VinFast has already begin producing and shipping vehicles.

VinFast, Vietnam's only domestic automaker, announced plans to go public in the United States.

(Bloomberg) -- VinFast, an electric carmaker backed by Vietnam’s richest man, has filed for an initial public offering in the US just as it prepares to deliver its first SUVs to California customers later this month.

The UK auto market saw plugin electric vehicles take 27.7% share in November, down from 28.1% year on year. Full electric share grew YoY, but was outweighed by plugin hybrids’ decline. Overall auto volumes were up over 23% YoY, to 142,889 units, though still almost 9% down on 2019 seasonal levels. The Tesla Model Y […]

The Swedish electric automaker wants to diversify into the rapidly growing electric bike segment.

The split set for late 2023 would allow the Auburn Hills-based supplier to focus on growing its revenues from electric-vehicle propulsion.