electric vehicle company news

Loss-Making EV Firm VinFast to Get $3.4 Billion More Funding From Founder, Parent Company

(Reuters) - Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even.

Seeking Alpha on MSN · 7h

VinFast Auto attracts new funding from its parent company and founder

Vietnamese electric vehicle maker VinFast Auto Ltd. (NASDAQ:VFS) said it will land $3.4 billion in more funding from parent company Vingroup by 2026. That is the same year that the company expects to break even.

Reuters · 10h

Loss-making EV firm VinFast to get $3.4 bln more funding from founder, parent company

Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even.

Barron's · 7h

Vietnam EV Maker VinFast To Get $3.5 Bn In New Funding

Vietnamese electric vehicle maker VinFast will receive $3.5 billion in new funding, the majority from its CEO Pham Nhat Vuong, parent group Vingroup said on Tuesday, as it struggles to break into the international market.

6hon MSN

Electric Cadillac Vistiq to Rival Mercedes, Rivian SUVs

The 2026 Cadillac Vistiq SUV completes the luxury brand's EV lineup, sitting above the Optiq and below the Escalade IQ.

Torque News4h

Evidence Mounts That Battery-Electric Pickup Trucks Are Failing In America

We lay out sobering facts about battery-electric pickup trucks. It’s hard to see how battery-only pickups can be seen as ...

How long do electric vehicle batteries last?

Electric vehicle batteries generally last 10 to 20 years and come with warranty coverage. Learn more about EV battery ...

wglt5d

How Trump's return could impact the electric vehicle industry — including Rivian

“The most valuable automotive company in the world is an electric vehicle manufacturer. Their stock went up a lot ...

Trump Won. What Will Happen to Electric Vehicles?

Thanks to Elon Musk’s influence, the president-elect has waffled on the future of America’s electric transition.

The Associated Press on MSN6d

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit ...

13hon MSN

Bay Area solar company Enphase Energy lays off hundreds as industry's woes continue

Enphase Energy, based in the Bay Area's Fremont, is laying off about 500 workers and pulling manufacturing from Guadalajara.

Electric vehicle startup Canoo furloughs workers in Oklahoma City

OKLAHOMA CITY — Canoo, the electric vehicle startup with plans to produce EVs in Oklahoma ... In a report to security ...

Drive on MSN1h

New electric car program to help power communities through natural disasters with V2L

A new initiative is encouraging owners of electric cars to provide their vehicles to communities suffering power outages following natural disasters. Communities could soon have a fleet of electric ...

The Cool Down on MSN5d

US company unveils EV battery tech that could reach 1,000 miles on single charge — here's how it could transform the auto industry

The batteries use a semisolid electrolyte, reducing the need for materials like copper, aluminum, and plastic. US company ...

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