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EV maker VinFast plans Asia expansion, to deliver cars to Indonesia in 2024 - filing

2023-09-13 05:02
HANOI Vietnamese electric vehicle maker VinFast plans to expand in seven more market clusters in Asia including Indonesia,
EV maker VinFast plans Asia expansion, to deliver cars to Indonesia in 2024 - filing

HANOI Vietnamese electric vehicle maker VinFast plans to expand in seven more market clusters in Asia including Indonesia, where it aims to start deliveries from next year and established a plant there.

VinFast aims to invest around $1.2 billion in the Indonesian market in the long-term, according to its latest filing to the to U.S. Securities and Exchange Commission.

(Reporting by Phuong Nguyen; Editing by Martin Petty)