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VinFast pushed back its North Carolina plant opening to 2028, shifting focus to Asia. The EV maker opened a factory in Tamil Nadu, India, and plans another in Indonesia. Backed by $200 million in loans from Indian banks and $1.5 billion in asset sales to founder Pham Nhat Vuong, the firm is prioritising Asian markets amid mounting losses.
short by / 02:35 pm on 09 Sep
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