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EV maker VinFast plans Asia expansion, to deliver cars to Indonesia in 2024 – filing
© Reuters. FILE PHOTO: People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo/File Photo
HANOI (Reuters) – Vietnamese electric vehicle maker VinFast (NASDAQ:) 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.
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