Posted 1/8/2024, 9:14:00 AM
VinFast Names New CEO, Plans Major US Expansion with 125 Dealerships and 4 New EV Models
- VinFast has announced new CEO Pham Nhat Vuong and plans to expand its US dealership network to 125 locations
- After opening its first US dealership in December, VinFast now has 5 more in 4 states North Carolina, New York, Texas, and Kansas
- VinFast is currently only selling the VF 8 SUV in the US, but plans to launch the VF 6, VF 7, and VF 9 models soon
- The company is building a $4 billion factory in North Carolina expected to produce 150,000 EVs annually by 2025
- VinFast aims to sell 750,000 vehicles globally per year by 2026 as part of an aggressive international expansion plan