Vietnam’s VinFast Auto became the latest electric-car startup to soar to an outsize valuation after completing a nontraditional stock offering that on paper put it ahead of GM and Ford.

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08/17/202308/17/2023

Wall Street Journal

Vietnam’s VinFast Auto became the latest electric-car startup to soar to an outsize valuation after completing a nontraditional stock offering that on paper put it ahead of GM and Ford.

https://www.wsj.com/business/autos/ev-startup-vinfasts-stock-rally-pushes-value-higher-than-gm-ford-c9dac0e6