VinFast Auto Ltd. (NASDAQ:
VFS) is one of the
Best Penny Stocks to Buy with the Highest Upside Potential. On September 25, VinFast Auto Ltd. (NASDAQ:VFS) announced that its VinFast Auto India has partnered with the Central Bank of India to boost car financing.
Management noted that they signed a Memorandum of Understanding to offer easy and affordable loans through VinFast’s dealer network. As a result of this, the customers will get special financing deals, including low interest rates, flexible payments, no processing fees, and exclusive offers. Moreover, the Central Bank’s representatives will be present in all VinFast Auto Ltd. (NASDAQ:VFS) showrooms to help buyers directly, making EV ownership simpler and more convenient.
The partnership supports the company’s goal to speed up the adoption of electric vehicles in India’s growing EV market.
VinFast Auto Ltd. (NASDAQ:VFS) designs, manufactures, and sells electric vehicles, including cars, e-scooters, and e-buses.
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Disclosure: None. This article is originally published at
Insider Monkey.
