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Coming on the heels of a second-quarter report that saw losses of $526.7 million, VinFast reported Thursday that it lost an additional $623 million for the third quarter of 2023.
Coming on the heels of a second-quarter report that saw losses of $526.7 million, VinFast reported Thursday that it lost an additional $623 million for the third quarter of 2023.
 
Vinfast issued an earnings report for the second quarter of 2023 on Thursday, and the news is not good for the Vietnamese electric vehicle maker.
Vinfast issued an earnings report for the second quarter of 2023 on Thursday, and the news is not good for the Vietnamese electric vehicle maker.
 
VinFast, the electric vehicle maker with plans to open a $4 billion manufacturing plant in Chatham County in 2025, has sold 11,300 vehicles during the first half of 2023.
VinFast, the electric vehicle maker with plans to open a $4 billion manufacturing plant in Chatham County in 2025, has sold 11,300 vehicles during the first half of 2023.
 
While construction on its $4 billion plant is underway in Chatham County, Vietnamese electric vehicle maker VinFast began trading on the Nasdaq Tuesday as Black Spade Acquisition Company shareholders agreed to approve the merger with VinFast Thursday.
While construction on its $4 billion plant is underway in Chatham County, Vietnamese electric vehicle maker VinFast began trading on the Nasdaq Tuesday as Black Spade Acquisition Company shareholders agreed to approve the merger with VinFast Thursday.
 
VinFast, the Vietnamese electric vehicle maker Democrat North Carolina Gov. Roy Cooper credited for leading an army of clean-energy companies coming to the state, is being criticized for polluting waterways near its $4 billion EV manufacturing plant in Chatham County.
VinFast, the Vietnamese electric vehicle maker Democrat North Carolina Gov. Roy Cooper credited for leading an army of clean-energy companies coming to the state, is being criticized for polluting waterways near its $4 billion EV manufacturing plant in Chatham County.
 
The groundbreaking on what is being called the “crown jewel of VinFast’s global expansion” occurred Friday morning at the site of the $4 billion EV manufacturing plant in Triangle Innovation Point, in the Chatham County town of Moncure.
The groundbreaking on what is being called the “crown jewel of VinFast’s global expansion” occurred Friday morning at the site of the $4 billion EV manufacturing plant in Triangle Innovation Point, in the Chatham County town of Moncure.
 
A church scheduled for demolition to make way for VinFast’s new $4 billion EV plant in Moncure, Chatham County, may be saved after all.
A church scheduled for demolition to make way for VinFast’s new $4 billion EV plant in Moncure, Chatham County, may be saved after all.
 
VinFast is scheduled to break ground on its $4 billion EV production plant in Moncure, Chatham County next week.
VinFast is scheduled to break ground on its $4 billion EV production plant in Moncure, Chatham County next week.
 
Vietnamese electric vehicle maker VinFast continues to produce a mixed bag of news.
Vietnamese electric vehicle maker VinFast continues to produce a mixed bag of news.
 
More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County.
More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County.
 
The nonprofit slated to receive $1.4 billion in the Senate budget plan touted the failing VinFast as a successful example to emulate
The nonprofit slated to receive $1.4 billion in the Senate budget plan touted the failing VinFast as a successful example to emulate
 
If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 VF8 2023 vehicles sent to the U.S. due to safety concerns.
If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 VF8 2023 vehicles sent to the U.S. due to safety concerns.
 
“Critics agree: The VinFast VF8 is very, very bad,” read the headline in the car-focused outlet Jalopnik.
“Critics agree: The VinFast VF8 is very, very bad,” read the headline in the car-focused outlet Jalopnik.
 
"This is proof positive that North Carolina politicians and bureaucrats are prepared to trample on the rights of private property owners in order to benefit favored business interests,” said Jon Guze, Senior Fellow for Legal Studies at the John Locke Foundation.
"This is proof positive that North Carolina politicians and bureaucrats are prepared to trample on the rights of private property owners in order to benefit favored business interests,” said Jon Guze, Senior Fellow for Legal Studies at the John Locke Foundation.
 
Plans to build electric vehicles at a proposed EV production plant in Chatham County have hit another pothole. Vietnamese electric vehicle maker VinFast announced Friday that it will push off production until 2025.
Plans to build electric vehicles at a proposed EV production plant in Chatham County have hit another pothole. Vietnamese electric vehicle maker VinFast announced Friday that it will push off production until 2025.
 
After news last week of layoffs and a restructuring of its North American division, VinFast may have cleared a hurdle in its efforts to build a production plant in Chatham County.
After news last week of layoffs and a restructuring of its North American division, VinFast may have cleared a hurdle in its efforts to build a production plant in Chatham County.
 
A Vietnamese electric vehicle maker with plans to build a production plant in Chatham County may be in trouble after announcing it is cutting 80 jobs in the U.S., including its chief financial officer, all before delivering its first vehicle.
A Vietnamese electric vehicle maker with plans to build a production plant in Chatham County may be in trouble after announcing it is cutting 80 jobs in the U.S., including its chief financial officer, all before delivering its first vehicle.
 
Recently, Governor Roy Cooper announced that North Carolina has landed its first car manufacturer, VinFast, a Vietnamese electric car manufacturer.
Recently, Governor Roy Cooper announced that North Carolina has landed its first car manufacturer, VinFast, a Vietnamese electric car manufacturer.
 
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