Key Highlights: VinFast delays $4 billion North Carolina fac...
Key Highlights:
VinFast delays $4 billion North Carolina factory to 2028.
Cuts 2024 delivery forecast by 20,000 units to 80,000.
Sales rose 24% in Q2, totaling 12,000 vehicles.
First-half 2024 sales up 92% year-over-year to 21,747 units.
Company cites economic headwinds and global EV market uncertainties.
Expects strong sales growth in H2 2024 with new markets in Asia.
Focuses on optimizing capital allocation and short-term spending.
VinFast plans to announce Q2 results on August 15.
VinFast delays $4 billion North Carolina factory to 2028.
Cuts 2024 delivery forecast by 20,000 units to 80,000.
Sales rose 24% in Q2, totaling 12,000 vehicles.
First-half 2024 sales up 92% year-over-year to 21,747 units.
Company cites economic headwinds and global EV market uncertainties.
Expects strong sales growth in H2 2024 with new markets in Asia.
Focuses on optimizing capital allocation and short-term spending.
VinFast plans to announce Q2 results on August 15.
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