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Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home.With poor demand in Vietnam, and limited sales and bad press in the United States, VinFast may be producing more cars than it can sell, Guild said.
Vietnams VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musks Tesla, but it is struggling to find buyers for its cars at home. Backed by Vingroup, Vietnams biggest conglomerate, Vinfast has enormous b ..
Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home.
Out of the 2.80 lakh new passenger vehicles sold in Vietnam in 2022, VinFast sold only 7,400 despite being one of the few electric vehicle options buyers have.
HANOI: Vietnam's VinFast has grand ambitions of selling its electric vehicles (EVs) in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home.