Core Viewpoint - VinFast Auto Ltd (NASDAQ:VFS) is advancing its international expansion strategy by signing a Memorandum of Understanding (MOU) with Exposure SARL for the supply of electric vehicles for green taxi services in Kinshasa, Democratic Republic of the Congo [1]. Group 1: MOU Details - The MOU involves discussions for developing a plan to supply the first batch of VinFast electric vehicles, including Limo Green and Herio Green models, for electric taxi services in Kinshasa [2]. - Exposure SARL intends to act as a distributor of VinFast vehicles in the Congolese market and will collaborate on a business plan tailored to local conditions [3]. Group 2: Company Overview - VinFast Auto Ltd is engaged in the design and manufacture of electric vehicles, including electric buses and scooters, and is building an e-mobility ecosystem focused on community, customers, and connectivity [4].

Core Viewpoint - The Delhi High Court has restrained Gurugram-based Tesla Power India from using the 'Tesla' brand for promotional advertisements related to electric vehicle products until the resolution of a trademark infringement lawsuit filed by Tesla Inc against the company [6]. Group 1: Legal Proceedings - Tesla Inc filed a lawsuit in May last year, alleging that Tesla Power's use of its trademark in India was causing consumer confusion and harming its business interests [6]. - The court noted an undertaking from Tesla Power's CEO that the company had no plans to enter the electric vehicle market, which influenced the court's decision to impose a restraint order [6]. - The court has prohibited Tesla Power from using the 'Tesla' mark in relation to various battery products and services, including lead-acid and lithium-ion batteries [6]. Group 2: Company Arguments - Tesla Power contended that it was not manufacturing electric vehicles but was only selling lead-acid batteries and inverters [4]. - The company claimed that advertisements featuring the Tesla trademark were related to a strategic partnership with another company, e-Ashwa, and not directly linked to Tesla Power's products [4]. - Tesla Power argued that it was not violating trademark laws, asserting that 'Tesla' is not a coined mark and that many companies share the same name globally, including in India [5]. Group 3: Compliance and Actions - Following accusations from Tesla Inc regarding the sale of electric scooters under various sub-brands, the court requested Tesla Power to provide an affidavit detailing the number of electric scooters sold [5]. - Tesla Power communicated to the court that it had instructed vendors and partners to remove the Tesla marks from electric scooters, emphasizing its intention to comply with the court's undertaking [5].