Nasdaq: Vietnam’s Vinfast to launch first electric car in 2021 – company source | Reuters

HANOI (Reuters) – Vietnam’s first domestic car manufacturer, VinFast, will start the mass production of its first electric cars next year and will target the U.S. market, a company source with direct knowledge of the matter told Reuters on Thursday.

VinFast, a unit of Vietnam’s largest conglomerate Vingroup JSC VIC.HM, will use battery cells made by South Korea’s LG Chem 051910.KS, the source said.

Source: Nasdaq

Photo: VinFast’s new SUV is about the same size as the BMW X3/THANHNIEN

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