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VinFast: Vietnam EV maker valued at more than Ford or GM

2023-08-16 10:22
The share sale on Nasdaq values VinFast at $85bn (£67bn) compared to Ford's $48bn or GM's $46bn.
VinFast: Vietnam EV maker valued at more than Ford or GM

Vietnamese electric vehicle (EV) maker VinFast's stock market valuation has soared above Ford and General Motors (GM) on its first day of trading.

Shares in the firm, which has yet to make a profit, surged by 255% in their debut on New York's Nasdaq.

That gave VinFast a stock market valuation...

Tags published 20 july chinas electric car market is published 4 minutes ago five questions about electric vehicles tesla electric cars vietnam tesla may cut prices again published 26 march 2022 nasdaq published 11 october 2022 eppersons
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