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VINFAST AND BLACK SPADE ACQUISITION CO ANNOUNCE APPROVAL OF BUSINESS COMBINATION BY BLACK SPADE’S SHAREHOLDERS

– VinFast and Black Spade Expect to Close the Business Combination on August 14, 2023. – VinFast’s Ordinary Shares and Warrants Expected to Begin Trading on the Nasdaq on or around August 15, 2023 under Ticker Symbols “VFS” and “VFSWW,” respectively. August 10, 2023 – VinFast Auto Ltd. (“VinFast”) and Black Spade Acquisition Co (NYSE: BSAQ) (“Black Spade”) today announced that their previously announced business combination (the “Business Combination”) was approved at an extraordinary general meeting (the “EGM”) of Black Spade’s shareholders on August 10, 2023. Complete official results of the vote will be included in a current report on Form 8-K to be filed by Black Spade with the U.S. Securities and Exchange Commission (the “SEC”). The Business Combination is expected to close on August 14, 2023. Upon such closing, VinFast will remain as the combined company, and its ordinary shares and warrants are expected to begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the new ticker symbols “VFS” and “VFSWW,” respectively, on or around August 15, 2023. Madame Thuy Le, Global CEO of VinFast Auto Ltd., said: “The voting results today are a vote of confidence in VinFast from Black Spade shareholders. I am proud of…

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1 year, 3 months ago 1 Bình luận

VINFAST BREAKS GROUND AT NORTH CAROLINA ELECTRIC VEHICLE FACILITY

Raleigh, North Carolina, July 28, 2023 – VinFast announced today it has officially broken ground at its electric vehicle manufacturing site, located within the Triangle Innovation Point in Chatham County, North Carolina. The groundbreaking ceremony, which took place today at the site, marked a significant milestone toward VinFast’s global expansion and the company’s supply chain development in North America. VinFasts US factory project is the first electric vehicle manufacturing facility in North Carolina, as well as the largest economic development initiative in the states history. North Carolina Governor, Roy Cooper, Vietnamese Ambassador to the US, Nguyen Quoc Dzung, and representatives from state and federal governments attended the event along with a gathering of VinFast’s partners, customers, industry experts and journalists. The plant, which has a Phase 1 total investment of up to $2 billion USD, spans an area of approximately 1,800 acres and is divided into five main production areas, including a body shop, general assembly, press shop, paint shop and an energy center. There will also be other functional facilities in the factory premises. In the initial phase, the factory will focus on building VinFast’s VF 7, VF 8 and VF 9 electric vehicles with an expected production capacity…

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1 year, 4 months ago

VINFAST’S REGISTRATION STATEMENT ON FORM F-4 IN CONNECTION WITH ITS PROPOSED BUSINESS COMBINATION WITH BLACK SPADE DECLARED EFFECTIVE BY THE U.S. SECURITIES AND EXCHANGE COMMISSION

July 28, 2023 – VinFast Auto Pte. Ltd. (“VinFast” or “the Company”) and Black Spade Acquisition Co (NYSE: BSAQ) (“Black Spade”) announced that the U.S. Securities and Exchange Commission (“the SEC”) has declared effective the registration statement on Form F-4 of VinFast in connection with its proposed business combination with Black Spade. Black Spade has scheduled the Extraordinary General Meeting of Shareholders (“EGM”) to approve the proposed business combination with VinFast to be held on August 10, 2023. The business combination values VinFast at an enterprise value of US$27 billion and an equity value of US$23 billion. The transaction is expected to close followed by the listing of VinFast in August 2023, subject to shareholder approvals and other customary closing conditions. Madame Thuy Le, Global CEO of VinFast Auto Pte. Ltd., said: “Today represents a remarkable milestone in advancing VinFast’s presence in the U.S. as we move towards our proposed U.S. listing. Along with this exciting step, today we also celebrate the start of construction of our electric vehicle (EV) factory in North Carolina. These achievements will help accelerate our commitment to the global green mobility revolution and our mission to help consumers make the switch to an EV easier…

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1 year, 4 months ago

VINFAST ANNOUNCES PLANS TO DONATE LAND TO SAVE THE MERRY OAKS BAPTIST CHURCH IN CHATHAM COUNTY

Moncure, North Carolina, July 25, 2023 – VinFast today announced its intention to donate up to three acres of property on the VinFast project site to the Merry Oaks Baptist Church to help them save the church from demolition. The company will also assist Merry Oaks in identifying other resources to support the relocation. VinFast has presented an MOU to the members of the Merry Oaks Baptist Church, which outlines VinFast’s plan to donate up to three acres of private land on Christian Chapel Church Road on the VinFast site in Moncure, NC for the specific purpose of relocating the church to a new permanent home. Merry Oaks Baptist Church was built in 1888 and has been a cultural destination for many generations in Moncure. The land the church currently sits on is expected to be needed for roadway improvements to help accommodate the site and future traffic in the area. VinFast’s land donation will help relocate the church and allow the congregation to remain in the community. Merry Oaks Member, Jerry Holden also shared: “We greatly appreciate that VinFast has made a generous offer to provide a new home for the Merry Oaks Baptist Church so the congregation can remain…

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1 year, 4 months ago

VINFAST TO HOLD NORTH CAROLINA EV FACTORY GROUNDBREAKING CEREMONY JULY 28

Raleigh, North Carolina, July 19, 2023 – VinFast announced it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. This will be the first electric vehicle manufacturing facility in North Carolina, and will help contribute to the supply of electric vehicles in North America and accelerate the global green mobility revolution. VinFast’s manufacturing facility will be built at the Triangle Innovation Point in Chatham County, North Carolina. Covering an area of approximately 1,800 acres, VinFast’s factory is designed to reach a capacity of 150,000 vehicles per year in phase 1. The factory will consist of two main areas: electric vehicle production and assembly. The complex will also house supplementary supplier businesses. The project has received basic permits to begin Phase 1 construction. When the manufacturing complex commences operations, VinFast’s factory will create an ecosystem of suppliers and help generate thousands of new jobs. Madam Le Thi Thu Thuy, CEO of VinFast Auto. said: “The manufacturing facility in North Carolina is one of VinFast’s key projects. When it begins operations, the factory will be VinFast’s primary supplier of electric vehicles to the North American market, allowing us to optimize production and business activities. We…

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1 year, 4 months ago

VinFast officially launch the “VinFast – For a Green Future” exhibition series in Hanoi

Hanoi, 7 July 2023 The very first exhibition “VinFast – For A Green Future” was officially openned today in Hanoi, kick-started the series of 11 exhibitions to be organized across Vietnam, from July to September. On display are a comprehensive electric mobility ecosystem, including e-buses, e-scooters, e-bikes, and a complete range of electric cars, covering a wide range of segments, from mini cars to the A-B-C-D-E segments VF 3, VF 5 Plus, VF e34, VF 6, VF 7, VF 8 and VF 9. A part of the factory space with automated production by top-notch robots will simulate the production process of the made-in-Vietnam electric cars. Most notably, all eyes were on the VF 3 – a mini electric car model which has just been introduced to the market only 01 month after its first announcement. Compact, yet powerful and modern, it is promised to be the “national” model of Vietnamese customers, the pioneers on the “green transition”. At the exhibition, visitors can also directly experience the operation and smart features of VinFast electric cars and motorbikes at the test-drive ground. There were also be many sideline activities for visitors to engage with VinFast’s experts, participate in games…

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1 year, 4 months ago

Recap – VinFast at Electrify Expo 2023

Hello folks, we had such a blast at ElectrifyExpo, San Francisco that we can’t help but share with you guys the amazing moments there. Watch this video to see how our guests experienced the thrilling test drive and exclusive hands-on sessions with VF 8. Stay tuned for more exciting news from VinFast! If you are interested in a test drive yourself, book here: https://bit.ly/3O3mDD9 For further inquiry, please contact us at: https://vinfastauto.us/contact #VinFast #ElectrifyExpo #SanFrancisco #VF8 #TestDrive Bạn cần đăng nhập để tương tác với nội dung này: Đăng nhập.

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1 year, 4 months ago

VINFAST EXPANDS EUROPEAN NETWORK WITH OPENING OF BERLIN STORE

Berlin, Germany, July 3rd, 2023 – Vietnamese electric vehicle (EV) manufacturer, VinFast, has opened the doors to its new showroom in Berlin. The new store is the third in Germany and continues the expansion of the marque’s network across Europe. Located in the heart of the city, near both Unter den Linden, one of the city’s main boulevards, and the iconic landmarks of Gendarmenmarkt and the Brandenburg Gate, VinFast Berlin combines a modern space with design cues inspired by Vietnam’s natural beauty. The new store showcases the brand’s line-up of fully electric SUVs, with the aim of increasing its presence within the region. At VinFast Berlin, customers will have the opportunity to personally experience the market-leading in-car technology and admire the stunning VF 8 and VF 9 designs, both crafted by Pininfarina. In-store advanced technologies will convey a “Future of Mobility” inspiration to visitors, while the brick-and-mortar site will provide a physical yet seamless link to VinFast’s O2O shopping experiences; a cross-platform combination of online to offline services, such as registering for test drives online ahead of a visit to the store. Exceptional aftersales services will provide peace of mind to customers throughout their EV ownership journey. Ms. Nguyen Thanh…

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1 year, 4 months ago

VinFast’s “For a Green Future” exhibition series to showcase its comprehensive electric mobility ecosystem in Vietnam

Hanoi, June 29, 2023 – VinFast announced the rollout of the exhibition series “VinFast – For a Green Future” to introduce to the public its entire electric mobility ecosystem, as well as the journey of the first global electric vehicle (EV) maker of Vietnam. From July 7 to September 20, 2023, a series of consecutive events will occur in 11 prominent cities and provinces across Vietnam and will offer visitors various interactive activities, test drives, and unique experiences. “VinFast – For a Green Future” is the largest series of electric mobility exhibitions ever held in Vietnam. The first exhibition will be held at the Viet Xo Friendship Labor Cultural Palace, Hanoi, from July 7 to 9, 2023, before being rolled out in 10 other cities and provinces across Vietnam. The exhibition will be divided into different sections, including product showcase – production simulation – “car anatomy” – test drive, and other auxiliary areas such as food, game, socializing, etc. This will be the first time VinFast displays its comprehensive electric mobility ecosystem, including e-buses, e-scooters, e-bikes, and a complete range of electric cars, covering a wide range of segments, from mini cars to the A-B-C-D-E segments (VF 3, VF 5…

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1 year, 4 months ago

The New VF 8 has arrived

All set and ready, the New VF 8 has arrived to elevate your life with more bang for your buck – including accessible payment options from just $479/month (36-month lease) or finance from $744/month. Better yet, our 10-year warranty per 125,000 miles solidifies VF 8 as a safe investment for your future. All-in-one, without compromise. Just a boundless drive at your convenience. Start your journey now. *Terms and conditions apply. READ MORE #VinFast #NewVF8 #LeaseOption #FinanceOption Bạn cần đăng nhập để tương tác với nội dung này: Đăng nhập.

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1 year, 5 months ago