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65% of VinFast sold vehicles are owned by … Vingroup

VinFast, the Vietnamese automaker, seems to love keeping things close to home, with many of its car sales and stock ownership staying within its inner circle.   ·      VinFast's 2023 sales strategy consists of 7,000 EVs finding a home with its affiliated taxi firm, Green and...

VinFast VF9 Electric SUV Offers Range of Up to 530 Kilometers, Starting at $83,000 USD

VinFast lifts the veil on the VF9 electric SUV technical figures, featuring a range of up to 530 kilometers and a starting price of $83,000 USD.   VinFast offers more details of its VF9 electric SUV series, including its 530 kilometers of range. Pricing starts...

VinFast Looking at Traditional Dealerships, Not Just Company Stores: Report

Traditional dealers could bring existing clients, new strategies to sales Report says dealers cautious, but interested in the new brand Vietnamese automaker VinFast has been struggling to get its foot in the door of the U.S. and Canadian auto market, and now a new...

VinFast’s Public Listing Elevates Company Valuation to $85 Billion, More than GM and Ford

VinFast's successful stock market entry yields an $85 billion valuation, outpacing legacy automakers and reflecting investor optimism.   VinFast's debut on the Nasdaq under the symbol VFS marks a substantial market presence. The company's market capitalization after the first trading day surpasses that of GM...

The EPA Published its Official Figures for the VinFast VF 8 City Edition

This model has less range than expected, with only 191 miles for the version with 20-inch wheels. This is due to low efficiency numbers. The VF8 Standard Edition promises improvements in this area. The EPA has just released its official range and efficiency figures...

VinFast Set for August IPO, Announces $27 Billion Merger

VinFast North Carolina | Photo : VinFast
VinFast's groundbreaking ceremony for its North Carolina EV manufacturing facility coincides with the SEC's validation of its $27B merger with Black Spade, setting the stage for an August IPO.   VinFast and Black Spade announce a $27B merger, validated by the SEC, paving the way...

VinFast to Break Ground on North Carolina EV Factory

VinFast North Carolina | Photo : VinFast
VinFast to break ground on its electric vehicle factory in North Carolina, becoming the state's first EV manufacturing facility and contributing to the advancement of green mobility while supporting job creation and supplier businesses.   VinFast will hold a groundbreaking ceremony for its electric vehicle...

In Five Months, VinFast Delivered Only 128 Vehicles in the U.S

Vietnamese EV maker VinFast faces difficulties with low sales in the U.S. market, as only 128 vehicles have been registered between January and May 2023.   VinFast's initial foray into the U.S. EV market sees poor sales, with just 128 registrations of its VF 8...

VinFast Unveils the VF 3: An Affordable, Compact Electric Marvel Redefining City Travel

VinFast launches VF 3, a compact, electric vehicle targeting Vietnamese urban commuters. VF 3, featuring a minimalist design, smart features, and comfortable seating for five. Registration starts September 2023, positioning VF 3 to popularize electric vehicles in Vietnam. VinFast has launched its newest offering,...

The First Batch of VinFast Models Sent to the United States is Being Recalled

The Vietnamese automaker is recalling all 999 units of the VF8 that were part of the first batch sent to the U.S. This is because the main display in the electric SUV could malfunction and increase the risk of a crash. The second...