Vietnamese electric automobile maker valued at larger than Ford – BBC Data

Vietnamese electric automobile maker valued at larger than Ford – BBC Data

Vietnamese electric automobile (EV) maker VinFast’s stock market valuation has soared above Ford and Overall Motors (GM) on its first day of buying and selling.

The shares sale on the Nasdaq valued VinFast at $85bn when put next with Ford’s $48bn and GM’s $46bn.

It comes as motor alternate giants and more moderen manufacturers fight for a gash of the booming EV market.

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