VinFast Auto Stock Soars Amid Sony Partnership and Tariff Update

Monday, 13 May 2024, 18:15

VinFast Auto's stock is up 11% as it partners with Sony for in-car entertainment services and benefits from potential tariffs on Chinese EVs by the Biden administration. The partnership with Sony's RIDEVU service adds over 2,000 movies to VF 8 electric crossover SUVs. The tariffs on Chinese EVs could give VinFast a competitive advantage in the U.S. market.
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VinFast Auto Stock Soars Amid Sony Partnership and Tariff Update

A Game-Changing Partnership with Sony

VinFast Auto announced a milestone deal with Sony to provide in-car entertainment through the RIDEVU service, offering a library of over 2,000 movies for VF 8 owners.

Biden Administration's Tariff Decision

The Biden administration's plan to increase tariffs on Chinese-made EVs to 100% from 25% could restrict rival automakers like Nio and Xiaomi from the U.S. market, potentially benefiting VinFast.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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