VinFast delays U.S. electric vehicle plant operation to 2025
Permit from local authorities to start construction. It still needs a permit from the U.S. Army Corps of Engineers designed to minimize damage to water quality and wetlands.
The plant, with phase one including capital expenditures for the construction of $1.4 billion, is expected to create more than 7,000 jobs and churn out 150,000 vehicles a year, according to the company's latest prospectus released on Thursday. Last year VinFast filed for an initial public offering in the United States to list on the Nasdaq to fund its the plant construction.
VinFast started its first sales outside Vietnam last week, delivering its first 45 cars in California on the first day. Its revenue in 2022 was 14.9 trillion dong , down about 6.9% against 2021. Net losses rose 55% to 49.8 trillion dong from 32.2 trillion dong, its latest prospectus showed.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
ECB's Villeroy: We will bring inflation back to 2% by end-2024 or end-2025“We will bring inflation back to 2% by end-2024 or end-2025,” European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday. Ad
Consulte Mais informação »
Rivals.com - Five new four-star defensive backs unveiled for 2025 class
Consulte Mais informação »
Analyst claims under-display Face ID pushed back to 2025The technology could debut on the iPhone 16 Pro and iPhone 16 Pro Max.
Consulte Mais informação »
Rivals.com - Florida four-star 2025 LB Gavin Nix locks in Notre Dame visit
Consulte Mais informação »
Recession won't hit until 2025, based on key indicator: Credit SuisseThe most closely watched recession indicator is telling markets that a downturn won't materialize for another 2 years, Credit Suisse chief stock strategist says
Consulte Mais informação »