Vietnamese EV maker VinFast receives $135 mln in green funding led by ADB

[AJBot]

HANOI -- Vietnamese electric vehicle maker VinFast said on Monday it has received a $135 million financing package led by the Asian Development Bank (ADB), part of a push by the bank to boost climate-friendly investments in the region. VinFast, the auto arm of Vietnam's largest conglomerate Vingroup JSC, said last year it planned to raise at least $400 million via its first green loan to fund its manufacturing of electric vehicles. Read More ...

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