SniperFx

Archives

  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • September 2022
  • August 2022
  • January 2022
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Bonds
  • Brokers News
  • Crypto
  • Forex
  • Forex Trading
  • News
  • Stocks
  • Technology
  • World
Subscribe
SniperFx SniperFx
SniperFx
  • Latest Updates
  • Bonds
  • Brokers News
  • Crypto
  • Forex
  • Forex Trading
  • Stocks
  • World
  • Stocks

Vietnam’s EV maker VinFast recalls nearly 2,800 units domestically

  • February 18, 2023

Vietnam’s electric vehicle (EV) maker VinFast is recalling 2,781 of its sports utility model VF8 sold in the domestic market to check and replace the bolt connecting the front brake caliper to the knuckle, the company said on Saturday.

VinFast, which began operations in 2019, is gearing up to expand in the United States where it hopes to compete with legacy automakers. It started to ship its first 999 VF8s in November last year and is planning to deliver them this month.

“Due to a specific component assembly item, the bolt connecting the front caliper to the knuckle may loosen when the vehicle is in operation, potentially reducing the effectiveness of the front brake,” VinFast said in a statement.

The company said it would immediately correct the tightening torque for those 999 VF8s shipped to the United States.

“This is relatively a simple procedure that can be done quickly and will not affect the delivery timeline, which is expected to start by the end of Feb. 2023,” it said.

The company delivered over 4,000 EVs to customers domestically in December, more than half of which were the sports utility VF8 model. It secured 55,000 orders globally as of December last year, of which 12,000 are from the U.S. market.

VinFast said it has not recorded any breakdowns or complaints from customers about the loosen bolt that may cause trouble to the brake.

admin

Previous Article
  • News

How to Invest in Black-Owned Businesses

  • February 18, 2023
Read More
Next Article
  • World

U.S. and China diplomats communicating – but not militaries, White House says

  • February 18, 2023
Read More
You May Also Like
Read More
  • Stocks

Eicher Motors shares surged following Jefferies’ bullish outlook and upgraded target price.

  • admin
  • September 26, 2023
Read More
  • Stocks

US employment commission sues UPS, alleging discrimination against deaf driver candidates

  • admin
  • September 23, 2023
Read More
  • Stocks

Obesity drugs by Novo Nordisk and Eli Lilly will impact the healthcare economy

  • admin
  • September 21, 2023
Read More
  • Stocks

European stock futures decline, and industrial production in Germany continues to decline.

  • admin
  • September 7, 2023
Read More
  • Stocks

Daimler Truck hits double-digit return on sales in industrial business

  • admin
  • August 1, 2023
Read More
  • Stocks

European stock futures flat; key eurozone growth, inflation data due

  • admin
  • July 31, 2023
Read More
  • Stocks

China’s video game player population rises to a record at end-June

  • admin
  • July 27, 2023
Read More
  • Stocks

Cryptoverse Ripple effect as explosive XRP leads market charge

  • admin
  • July 25, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts
  • Eicher Motors shares surged following Jefferies’ bullish outlook and upgraded target price.
  • The USD/THB faces some side-line trading in the near term (UOB).
  • The euro extends its decline to fresh six-month lows near 1.0570
  • Bitcoin miners strategize for survival amid rising costs and upcoming halving
  • Awareness of non-banks as an option is on the rise.
SniperFx
  • Home
  • About Us
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Forex & Crypto Updates

Input your search keywords and press Enter.