carmakers

VinFast Auto Ltd. (NASDAQ:VFS), the Vietnamese electric vehicle (EV) manufacturer founded by billionaire Pham Nhat Vuong, has seen its market capitalization spike to an astounding $190 billion. This meteoric ascent, witnessing a staggering 600% surge since its mid-August 2023 initial public...

The decline in Chinese markets has wreaked havoc on U.S. share markets, causing investors to panic and bringing share prices violently lower. However, carmakers are looking at the nation favorably as its electric car market is expected to keep its newest offerings in high demand in the coming years...