The VF-8 electric vehicle from VinFast, a Vietnamese automaker producing electric cars and SUV's, is on display at their showroom in Santa Monica, California, on July 18, 2022.
Vietnamese EV maker VinFast is going public in the U.S.VinFast on Tuesday said it has filed a registration statement with the U.S. Securities and Exchange Commission, the first formal step toward a public offering next year.
The company in March announced plans for a $2 billion factory in North Carolina and hopes to deliver its first vehicles to American customers by year-end.
It's now focused entirely on electric vehicles – production of its last internal-combustion model ended in early November.
Founded in 2017, VinFast is a unit of Vingroup, Vietnam's largest conglomerate, which has interests in real estate development and education as well as a number of technology businesses.