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

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)
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