VTinFast is a subsidiary of Vingroup, Vietnam's largest private conglomerate. The revenue of Vingroup and V its subsidiaries was around 1.1 percent of the GDP of Vietnam in 2022. The company broadly divides its presence into three sectors - technology and industry, real estate development and services, and social enterprise. Basically, Vingroup's business encompasses the tech sector, real estate, hospitality, education along with several not-for-profit organisations. Vingroup and its owner and chairman Pham Nhat Vuong's rise has been quite rapid, from starting out with an instant noodles business in 1993, to becoming a billionaire with a net worth around USD 7 billion. At one point, following a blockbuster debut on the Nasdaq, VinFast was worth more than the likes of Ford and General Motors with a valuation of USD 85 billion. Point is, the company has money, is growing rapidly, has ambitious plans of selling cars globally, and has now decided to set up a manufacturing facility in India to cater to the domestic as well as export markets.
HOW IT STARTED
Denne historien er fra February 2024-utgaven av Auto Today.
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Denne historien er fra February 2024-utgaven av Auto Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MG Comet
The Comet continues to be a workhorse for the entire Auto Today team, and this was proved quite clearly when the team head out to a celebratory lunch.
Dirty Dancer
Does the Yezdi Adventure live up to its name? Can it be all the ADV you'll ever need? We headed out to Pune to hit up some trails, highways and twisties to find out
Linea Urus
While on a visit to Lamborghini HQ at Sant'Agata Bolognese, Yogendra Pratap got close to the production line that has helped revolutionise the brand and produced over 30,000 Urus super SUVs
MUSEO LAMBORGHINI
At its headquarters in Sant'Agata Bolognese where it also has its production facilities, the super car manufacturer, Lamborghini also runs a small museum that houses some of the most iconic names in automotive history. Yogendra Pratap dropped in to check out not only the iconic names but also some of the concepts and art that draws thousands of car lovers to this sleepy little town just outside of the Italian city of Bologna
#OdeToOutstanding - south
The longest leg of the #OdeToOutstanding drive had Dhruv Saxena drive the dynamic Mercedes-Benz GLA from the literal edge of the Indian mainland surrounded by the Indian Ocean across the heart of the country to the national capital marveling at the incredible natural beauty, diversity and history of south and central India
#OdeToOutstanding - west
The western leg of the #OdeToOutstanding drive had Anagh Bhaskar take on the mighty desert region with the electric Mercedes-Benz EQB 350
#OdeToOutstanding - east
The eastern leg of the #OdeToOutstanding drive starts in the lush green forests of West Bengal. But there is more than just that. Rahul Ghosh tells you all about the outstanding drive in the Mercedes-Benz GLC
#OdeToOutstanding - north
The northern leg of the #OdeToOutstanding drive saw Dipayan Dutta take on the mighty Himalayas with the equally intimidating Mercedes-AMG GLE 53 4Matic+ Coupe
Dirt magnet
The Lexus NX has a new trim called the Overtrail. We took the SUV to a few trails and drove through mud to put its name to the test
MORE FIREPOWER
Alongside the EQA that featured in the last issue, Mercedes-Benz also launched the facelifted EQB. Here is how the updated SUV holds up
