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Reuters

Reuters

Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company

Reuters
Summary
Nutrition label

78% Informative

Electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ( $3.35 billion ) from its founder and its parent firm, Vingroup .

The electric vehicle maker recorded a net loss of $773.5 million in the April-June period, a 27% increase from the first quarter .

VR Score

87

Informative language

93

Neutral language

57

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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