Vietnamese automobile company VinFast Auto plans to receive $300 million in financing from the Chinese company LeEco. This amount is expected to be used for the development of new electric vehicle models. VinFast Auto was established in 2017 and is focused on the production of electric transportation vehicles.
One of the company's representatives stated: "The goal of the agreement between VinFast Auto and LeEco is to create new models of electric cars taking into account current market trends. We hope for a successful collaboration with LeEco and believe that it will allow us to strengthen our position in the automotive market."
VinFast Auto aims to become one of the largest electric vehicle manufacturers in the region and offer consumers environmentally friendly and innovative cars. A successful partnership with LeEco could be a key factor in achieving this goal.
