VinFast

Vietnam-based electric car maker VinFast showed off more than just electric SUVs and crossovers at CES 2023. The electric automaker surprised us with four new electric bike concepts on display.

VinFast has quickly become a trending name in the new era of electric vehicles. At CES, the Vietnamese automaker is giving us a closer look at what we can expect from its latest VF 6 crossover and VF 7 SUV.

Just over a week after beginning deliveries of its first EVs to the US, Vietnamese automaker VinFast has publicly filed the necessary form with the Securities and Exchange Commission (SEC) to begin its process toward an initial public offering, or IPO.

Vietnamese electric vehicle maker Vinfast hit a major milestone Friday, shipping the first batch of VF8 SUVs to the US.

Energy solutions division VinES – a member of Vingroup alongside VinFast – and Gotion Inc have broken ground on a 34.5 acre LFP battery factory designed with an annual capacity of 5 GWh. That equates to roughly 30 million battery cells per year to support future VinFast EVs.

Vinfast is quickly becoming a sneaky bet in the EV market after adding two new electric SUVs, the VF 6 and VF 7, to its US lineup. With a four-electric SUV portfolio, one in each of the most popular segments, Vinfast is looking to become the “EV manufacturer for everyone.”

Another EV stock is set to debut in the US as Vietnamese electric vehicle maker, Vinfast, considers an IPO as soon as January 2023.

Global battery giant CATL and Vietnamese EV automaker Vinfast announced the signing of a memorandum of understanding to expand upon their current battery supply agreement. With this new “strategic cooperation,” the companies will explore CIIC skateboard platforms for EVs and “other areas” surrounding EV and battery technology.

Vietnamese automaker, VinFast, is moving quickly after unveiling a full portfolio of electric vehicles last year. After an explosive entrance in 2021, VinFast looks to become a household name as the first 100 customers receive their new VF 8 EVs, and the automaker sets its sights on a global expansion.

VinFast, a Vietnam-based electric vehicle manufacturer rapidly expanding its US and European operations, is set to bring its electric scooters to US riders.

Earlier today, before its simultaneous opening of six stores in California, VinFast announced it has received a massive incentives package to build its EV manufacturing facility in North Carolina. $1.2 billion (with a “b”) to be exact – the largest incentive package in the history of The Old North State.

In true VinFast fashion, it doesn’t do anything small. Rather than opening its first showroom in the US today, the Vietnamese EV automaker is opening six VinFast stores at once – all in California. With over thirty locations planned for the Sunshine State alone and intentions to expand deeper into the US, VinFast is once again truly moving – fast.

Vietnamese EV automaker VinFast is continuing its lightning-fast growth and expansion by announcing a long-term, strategic partnership with solid-state battery manufacturer ProLogium. Following a signed Memorandum on Understanding, ProLologium will provide solid-state battery cells to VinFast vehicles beginning in 2024.

Fresh off news of a similar reward subscription for new VF 8 and VF 9 customers in Europe, Vinfast has introduced a new program for US consumers that not only offers subscriptions within newly purchased EVs, but additional charging perks as well. Customers who buy a VinFast EV can now choose between three years of free unlimited charging or a complimentary Level 2 home charger.

During EVS35 in Olso, Vietnamese EV automaker VinFast outlined its plans for expansion overseas, alongside the European debut of its VF 8 and VF 9 EVs. During the presentation, VinFast shared intentions to open at least 50 stores spread throughout Europe in countries including Germany, France, and the Netherlands to start. Additionally, VinFast shared new sales policies exclusive to those European markets.

As Vietnamese EV automaker VinFast looks to open its order books for US customers, it has gotten more specific on the pricing consumers can expect stateside. During the New York International Auto Show, Vinfast broke down its US pricing for the VF 8 and VF 9, which will include a two-tiered battery subscription that will be mandatory through 2023.

Infant EV automaker VinFast and US charging network Electrify America (EA) announced a new charging agreement during this year’s New York International Auto Show. As part of the collaboration, US Vinfast owners will have access to all of EA’s 3,500+ EV chargers through the VinFast mobile app. However, their complimentary charging sessions will be limited to two – a much smaller bonus compared to previous agreements with other automakers.

Following entry into the North American market and plans for an HQ on American soil, Vietnamese EV automaker Vinfast, announced that North Carolina will be its new home for US manufacturing. The site in Chatham County, North Carolina, will soon house both an automotive assembly and battery manufacturing plant for Vinfast to build North American EVs like its VF 9 and VF 8.

During its “Global EV Day” presentation day at CES 2022, Vietnamese automaker VinFast introduced its entire lineup of upcoming electric vehicles, covering five different market segments. By vowing to go all-electric by the end of 2022, VinFast has already rebranded its two flagship EVs to remove the “e” for electric, creating one cohesive lineup that includes three new electric vehicles now introduced.

Infant automaker VinFast recently held a ceremony at its manufacturing complex in Hai Phong, Vietnam, to celebrate its first batch of VF e34 EVs. The VF e34 marks VinFast’s first model and the first ever electric vehicle to be sold in Vietnam. The start of production is also the first step in VinFast bringing its EVs to the US market.

Vinfast may not be an EV name you recognize yet, but there should be an emphasis on the “fast” part of its moniker. At a private event following the first day of the LA Auto Show, Vinfast’s Global CEO Michael Lohscheller spoke to a crowded room about the Vietnamese automotive startup’s progress in just four years, built off one of its core values – speed. In addition to debuting as a global brand with two upcoming electric SUVs, Vinfast announced Los Angeles as its US headquarters and shared plans to begin manufacturing on American soil in 2024.