Vietnam. Style. Safety. Innovative. Pioneer.
Those words, when put together in Vietnamese, form the acronym VinFast—Vietnam’s largest private corporation (with nearly US$19 billion in assets) Vingroup’s automobile and motorbike manufacturer. If you’ve read us recently, you’d know we wrote about we wrote about The Ken VinFast and Dat Bike’s 2-wheel EVs a real threat to gas in Vietnam Read more VinFast’s electric two-wheeler play in the local market.
Vietnam’s Vingroup EVs get an American recharge before global expansion
Vingroup's carmaker VinFast is trying to make a dent in Tesla-obsessed America. The US could become not just Vingroup's base for EVs but also the market for a potential VinFast IPO. But the American dream is still a dream, and Vingroup is dealing with Vietnam's post-Covid realities
VinFast is offering Pininfarina-designed SUVs, VF e35 and VF e36, to the international market
Pininfarina—designer of iconic Ferrari, Alfa Romeo and Maserati cars—is only one of the many big names VinFast has got on board
The company plans to make a splash in the US before expanding to Germany, France and the Netherlands next year
But the US market has barely adopted EVs and Tesla has captured everyone’s imagination. What’s VinFast’s differentiator?