A Vietnamese electric carmaker is now worth $85 billion - almost as much as Ford and General Motors combined | German Supermarket Chain Aldi Buying 400 U.S. Stores Expanding Billionaire Family's Discount Grocery Empire | Lamborghini teases first fully electric supercar ahead of official reveal August 18th

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Don't like ads? Go ad-free with TradeBriefs Premium A Vietnamese electric carmaker is now worth $85 billion - almost as much as Ford and General Motors combined - Markets Insider    A Vietnamese electric carmaker is now worth almost as much as Ford and General Motors combined after its shares soared in their market debut Tuesday.  VinFast jumped 255% to close at $37.06 on the Nasdaq Global Select Market, leaving the company worth $85 billion - far more than Ford ($48 billion), General Motors ($45 billion), or Chrysler Stellantis ($31 billion).  VinFast founder and chairman Pham Nhat Vuong is the richest person in Vietnam and owns about 99 per cent of the company. Continued here You Might Like � � � � � � � � � German Supermarket Chain Aldi Buying 400 U.S. Stores - Expanding Billionaire Family's Discount Grocery Empire - Forbes    Aldi - the no-frills German grocery store chain owned by the notoriously mum billionaire Albrecht family - is buying 400 Winn-Dixie and Harveys grocery stores located in the American South as part of a larger plan to expand its U.S. reach. Aldi plans to acquire all outstanding shares in Winn-Dixie and Harveys' parent company Southeastern Grocers, including about 400 stores across multiple southern states, Southeastern Grocers said in a statement Wednesday. Some of the 400 stores will be converted to the Aldi brand and others will continue to operate as Winn-Dixie and Harveys Supermarkets, the company said, as it plans to add 120 new Aldi stores nationwide by the end of the year. Continued here Lamborghini teases first fully electric supercar ahead of official reveal August 18th - The Verge    Lamborghini will reveal an electric supercar concept on August 18th for Monterey Car Week. Ahead of the event, the Italian automaker posted a teaser image on social media that, while not revealing much, still retains that classic Lamborghini shape. While it’s just a concept, the vehicle will give us our first impressions of what an EV looks like to Lamborghini. It’s been two years since the Italian automaker outlined its electrification plans, which will proceed in two distinct phases over the next decade. By the end of 2024, the company said it would roll out gas-electric hybrid versions of its entire lineup. Following that, Lamborghini will debut its first all-electric model sometime before the end of the decade. That means plug-in hybrid versions of Aventador, Huracán, and Urus models will be arriving within the next three years as well as limited-production Sián roadsters. And sometime before 2030, Lamborghini will unveil a completely new all-electric fourth model. Continued here

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