Maybank sees VinFast Indonesia faces intense competition across BEV...

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2024-12-17 04:25:07

Maybank sees VinFast Indonesia faces intense competition across BEV segment

Maybank Investment Bank said Tuesday that it sees VinFast Indonesia faces intense competition across battery electric vehicles (BEV) segment in Indonesia due to its relatively weak brand recognition. Maybank said in a note that in the competitive five-seater BEV segment, VinFast faces challenges from established Chinese brands like BYD, Wuling, Chery, MG, and Neta in Indonesia. Despite this,...

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