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VinFast plans US EV plant, Taiwan firm co-op

VinFast plans US EV plant, Taiwan firm co-op
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Vietnamese rush to buy cars as prices fall

Vietnamese rush to buy cars as prices fall
Chia sẻ |
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05/03/2021

10:00
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Though the automobile market has become big enough for manufacturers to step up domestic production, industry policies remain unencouraging.
With 300,000 cars sold in 2020, Vietnam has surpassed the Philippines to become the fourth largest automobile market in the region, according to AAF (ASEAN Automotive Federation).
Thailand led the region with 792,146 cars sold in 2020, while Indonesia was in the second position with 600,000 cars sold. The third position belonged to Malaysia with 550,000 cars. The figures were 296,634 for Vietnam and 223,793 for the Philippines. ....

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Vietnam's richest man plans car factory in the US

Global ambition: A worker operates a car assembly line at the new automobile plant of VinFast, Vietnam’s first homegrown car manufacturer, in Haiphong. VinFast believes it can win over US and other overseas customers by offering top-quality vehicles. ─ AFP
Hanoi: Vietnamese electric-vehicle (EV) startup VinFast plans to open a United States factory after setting up a 50-member San Francisco research office as it prepares for California automobile sales in 2022.
VinFast, founded by billionaire Pham Nhat Vuong, began delivering gasoline autos to Vietnamese consumers with BMW-licensed engines in 2019. Vuong, who is also chairman of parent company Vingroup JSC, said late that year he would back the company’s US ambitions with US$2bil of his own fortune. ....

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Vietnam's richest man plans EV factory in the US

Billionaire Pham Nhat Vuong’s VinFast brand already sells petrol-engined cars in Vietnam
Published:
March 02, 2021 12:51
Bloomberg
The VinFast President SUV. The brand, which already sells petrol-engined cars and SUVs in Vietnam, is hoping to establish itself as an electric car maker in the US market.
Image Credit: Supplied
Vietnamese electric-vehicle startup VinFast plans to open a U.S. factory after setting up a 50-member San Francisco research office as it prepares for California automobile sales in 2022.
VinFast, founded by billionaire Pham Nhat Vuong, began delivering gasoline autos to Vietnamese consumers with BMW-licensed engines in 2019. Vuong, who is also chairman of parent company Vingroup JSC, said late that year he would back the company s U.S. ambitions with $2 billion of his own fortune. ....

Thanh Hai , Bì Thu N , Republic Of , United States , San Francisco , Gavin Newsom , Pham Nhat Vuong , Hyundai Motor Co , Vinfast Rd Institute , Fisker Inc , Ford Motor Co , Vinai Research , Vietnam Automobile Manufacturer Association , Canoo Inc , Lucid Motors Inc , Nikola Corp , Lordstown Motors Corp , Motors Co , Vinfast President , Image Credit , North American , Ford Motor , General Motors , Vietnam Automobile Manufacturer , Hyundai Motor , Bui Hai Hung ,

VinFast to set up production plant in the United States - VF32, VF33 EV SUVs to go on sale there from 2022

VinFast may have only been founded around three years ago, but Vietnam’s first carmaker is making big strides in the automotive industry. A subsidiary of Vingroup and the brainchild of billionaire Pham Nhat Vuong, the […] ....

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