At CES 2022 this week, VinFast made several important announcements. First, it said it will stop building gasoline-powered cars by the end of this year. Going forward, it will focus its research and development efforts on developing battery-electric powertrains for all its vehicles. The company says the move will make VinFast one of the world’s first automotive companies to completely switch to building pure electric vehicles and will confirm its position as a leader of the EV revolution.
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