VinFast founder commits $1 billion as EV maker bleeds cash

April 25, 2024

Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker.

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VinFast founder commits $1 billion as EV maker bleeds cash

Previous PostToyota invests $1.4 billion in Indiana plant for large EV

Next PostPretax charges drop Sonic Automotive's Q1 net income

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