If successful, the IPO would be the first major US float of a Chinese firm since Beijing tightened its grip over Chinese companies' overseas share sales in July last year

Sales of NEVs, which include battery electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles, hit 786,000 units

Abnormal water quality has prompted concerns over the lithium being produced in the region, SCMP said

It has not been an established practice for the plant to shut down for a year-end holiday, which will cut planned production by a third

The firms aim to begin operations in 2025 and the joint plan will see $4-5 billion of investment in the factory

If successful, VinFast will be Vietnam's first company to list in the United States

The US automaker plans to start selling its EVs in Southeast Asia's second-biggest economy via online channels

Japan is one of the most competitive car markets in the world and is still seen as a stronghold for fossil fuel-powered vehicles

The company delivered 100,291 of its popular electric vehicles last month, which Xinhua said was its best month since opening for production in Shanghai in late 2020

China Evergrande NEV Group said in September it had started producing its Hengchi 5 model at a plant in Tianjin and in late October said it had delivered its first cars, but there appears to be little demand

Zijin has spent $16 billion buying three lithium mines over the past year, but its president says the group aims to become one of the top three to five mining companies in the world by 2030

The company plans to begin selling fully electric versions of its Tang sport utility vehicle (SUV) alongside its Han sedan through eight dealers across Mexico