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23 Aug
13:22

VinFast’s shares rally to a market capitalisation of $167 billion

Vietnamese EV start-up VinFast continues to surprise some in the industry after a stock rally on Tuesday drove the company’s market capitalisation to over $167 billion, Kallanish reports. As a comparison, Chinese EV makers Nio and Xpeng have a market capitalisation of $18.21 billion and $13.8 billion, respectively. US EV start-up Lucid Motors’ market capitalisation is $13.86 billion, while that of legacy carmakers GM and Ford stand at $45.31 billion a…
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