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VinFast Plans US Plant in 2028 as It Seeks Equity Backers

VinFast, which announced last year it was delaying a North Carolina EV factory until 2028, is “pushing forward” with a plan to open the plant at that time.

September 9, 2025

Attorney: Detained Korean Hyundai Workers Were in US Legally

A lawyer for several workers detained at a Hyundai factory says many of those rounded up in the immigration raid are engineers and equipment installers brought in for specialized work.

September 9, 2025

MicroVision Taps New CEO, Unveils MOVIA-S Lidar Sensor

Glen De Vos says the next-generation sensors are scheduled for launch in 2028 with a price of $200-$300, making them more accessible for mass adoption.

September 8, 2025

Polestar Unveils China-Built Electric Sedan to Battle Porsche

Polestar Automotive Holding UK debuted a luxury sedan as the Swedish electric vehicle maker seeks to challenge rivals like Porsche AG with its Taycan.

September 8, 2025

Uber Returns to Bond Market With Investment-Grade Sale

The sale represents Uber’s second as a blue-chip company after it tapped investors for $4 billion around a year ago. The proceeds will be used for general corporate purposes.

September 8, 2025

Hesai Launches $497 Million Hong Kong IPO Plan

Hesai, which raised $192 million in its U.S. initial public offering in 2023, was added to a Pentagon blacklist of companies linked to China’s military last year.

September 8, 2025

Hyundai Raid Spurs Trump Plan to Train US Battery Workforce

The crackdown has rattled South Korea and raised questions about the country’s willingness and ability to deliver promises it made to the Trump administration to invest in the U.S. 

September 8, 2025

China’s Export Growth Hits 6-Month Low in August

Overall sales abroad rose 4.4% in August from a year earlier to $322 billion, according to a statement from the General Administration of Customs on Sept. 8.

September 8, 2025

Trump’s Manufacturing Revival Faces Sharp Job Losses

Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Sept. 5 showed.

September 5, 2025

Canada Launches $3.6 Billion Fund to Counter Tariff Damage

Mark Carney also said his government would waive 2026 model year vehicles from Canada’s zero-emission standard and review the overall mandate, confirming a Bloomberg News report.

September 5, 2025