The electric SUV is more affordable than ever thanks to a $7,500 Lease Tax Incentive and $15,349 in lease cash
The company already operates six showrooms spread throughout California selling vehicles direct to the consumer
The company believes an expansive dealer network will help it to grow faster than relying on a direct-sales model
Report says first batch of electric SUVs will reach France, Germany and the Netherlands before the end of 2023 after receiving EU regulatory approval
After trading at $93 earlier this week valuing the company at $200 billion, on Tuesday VinFast’s share price fell by 44%
VinFast’s market value rose so high that it was almost worth more than Ford and GM combined
While VinFast won’t be attending the IAA Mobility show, various German and Chinese automakers will be
VinFast’s U.S. factory will build the VF 7, VF 8 and VF 9 EVs starting in 2025
North Carolina factory will cost Vietnamese automaker $4 billion and is scheduled to produce its first vehicles in 2025
The VinFast VF 8 appears to be a flop as only 128 were registered through May
VinFast’s owner and its lenders have spent almost $10 billion on the carmaker since 2017
Furthermore, if repairs on an inoperable EV take longer than three days, VinFast will pay customers $100 per day after the fourth business day in service
The only screen in the VinFast VF 8’s cockpit could go blank, leading to safety concerns and a recall
The VinFast VF 8 models heading to North America are the new Eco and Plus variants
This initial round of deliveries marks VinFast’s official entrance into the North American market
After a nearly three month delay, VinFast will be holding a delivery event in California next month
The VinFast VF 8 City Edition is a bit more compelling, but it’s still not a good value
The VinFast VF 8 can be leased for less than a Tesla Model Y but has significantly less range