article thumbnail

VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations

The Truth About Cars

That rise in valuation makes VinFast more valuable than several legacy automakers, including Ford and BMW. The company invited journalists to Vietnam to drive its new electric SUV, the VF8, only to be met with reviews ranging from “send it back” to “not ready for sale.” in trading yesterday.

article thumbnail

Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

Teslarati

Semiconductor shortages halt BMW and Daimler production lines. Besides exerting efforts to push the CHIPS Act in Congress, Raimondo and Biden’s team have urged governments in Malaysia and Vietnam to deem semiconductor manufacturing as critical businesses to maintain production despite the pandemic.

Supplies 144
article thumbnail

Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

Green Car Congress

Furthermore, leading automotive companies such as Toyota, Ford, Honda, BMW etc., Additionally, the report also discusses the massive changes in the traditional siloed innovation structures with its clear demarcations for internal and external collaborations.

2015 150