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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.
"The company is currently re-working its portfolio to produce right-hand drive models for India," said a person aware of the company's plans - Overdrive
Vinfast EVs: Shareholders of Black Spade Acquisition (BSA), a SPAC planning to merge with VinFast, have redeemed over 80% of their shares, posing challenges for the Vietnam-based electric automaker's U.S. listing.