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After U.S. failure, Vietnam’s EV leader turns to markets dominated by Tesla and BYD

By: Lam Le
2 April 2025 at 05:00
Vietnam’s leading automaker remains undeterred despite a botched U.S. expansion and $9.8 billion in accumulated losses. VinFast shipped its first electric vehicles to the U.S. in 2022, and has been...

© Linh Pham for Rest of World

A red VinFast electric vehicle travels along a street on July 28, 2024, in Hanoi, Vietnam. (Linh Pham for Rest of World)

China’s SpaceSail is expanding where Elon Musk is stumbling

By: Lam Le
31 March 2025 at 05:00
China’s satellite internet upstart seems to be taking aim at Starlink. SpaceSail, a Chinese space company backed by the Shanghai municipal government, has been entering markets where Elon Musk has...

© Zheng Taotao/Xinhua/Getty Images

The sixth batch that will constitute the Spacesail Constellation group is launched from the Taiyuan Satellite Launch Center in north China's Shanxi Province, Jan. 23, 2025.
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