VinFast

Vietnam’s homegrown carmaker VinFast’s in high gear to win US & European EV markets

VinFast, on the other hand, is taking a different approach. It is building a global EV brand. Besides its manufacturing complex in Hai Phong, Vietnam, VinFast will build a plant in US, and planning another in Europe. It is set to make history as the first car brand from Southeast Asia to build manufacturing plant in the US and Europe.

VinFast delivers first electric SUVs

VinFast, the automotive arm of Vingroup, on Saturday delivered the first batch of 100 VF 8 all-electric sport utility vehicles (SUVs) to local customers. VinFast plans to export the next batch of approximately 5,000 VF 8s headed to the United States, Canada, and Europe from November. The first international customers are expected to receive their vehicles…

Vietnam’s VinFast to focus on US, European EV markets before expanding in Southeast Asia

VinFast owns an automotive manufacturing complex that boasts up to 90 percent automation in Hai Phong, Vietnam. Capacity is 250,000 cars annually.

Vietnam’s VinFast opens six stores in California

Vietnamese electric vehicle manufacturer VinFast announced Friday the simultaneous opening of the first six VinFast Stores in California. In 2022, the firm will continue to open more than 30 stores in California, while also exploring expansion to other states across the United States.

Vietnam’s VinFast receives $1.2B incentives for US manufacturing hub in North Carolina

Vietnamese electric vehicle manufacturer VinFast announced Thursday it has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the United States.

Vietnam’s VinFast to raise $4B for US manufacturing facility via banks

Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.

Vietnam’s Vinfast invests in solid-state battery manufacturer ProLogium

VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…

Vietnam’s VinFast plans to open more than 50 stores in Europe

VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands. The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.

Vietnam’s EV maker VinFast’s IPO may be delayed till next year – report

The IPO is planned for the fourth quarter of this year.

Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles

VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…