The USA has become a favored place for money laundering in the last decade or two, particularly thru real estate and companies, by russians and chinese, who want to shelter their money out of their home countries. A battery factory would not be an unlikely way of doing this.
The amount of real estate, in weird places like South Dakota, or Florida, that is being bought for high prices by mysterious offshore shell companies is amazing these days.
How South Dakota Became a Haven for Dirty Money - The Atlantic
These guys definitely have a LOT of money. Unclear where it came from.
They built a gigantic factory in Vietnam in 2017, and are already making cars there.
Story | VinFast
But its still weird that they built a large company, and factories to make and sell smart phones in 2018, and now, 4 years later, have pulled the plug on it.
Who can afford to do that?
https://e.vnexpress.net/news/busine...wn-wesmartphone-tv-manufacturing-4275318.html
It is true that they grossed a billion dollars last quarter- they are a real company.