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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Business

VinFast releases long-awaited electric SUVs and plans to ship them to other countries

Vin fast Autos Logo Photo Credit: Alamy Vin fast Autos Logo Photo Credit: Alamy
Vin fast Autos Logo Photo Credit: Alamy Vin fast Autos Logo Photo Credit: Alamy

On Thursday, VinFast said it would start delivering its new electric SUVs to local and abroad clients this week in the following months.

VinFast, a 2019 startup, plans to compete with traditional automakers in the US with its two electric SUV vehicles.

“Following Vietnam, VinFast aims to sell the first batch of VF9 to worldwide markets in the coming months,” the company stated.

VF9 was supposed to launch this year.

The firm sells the VF8 SUV. It started shipping them last year and delivered them this month. The business will send the second batch to the U.S. in the second quarter of 2023.

VinFast, funded by Vietnam’s largest corporation Vingroup JSC (VIC.HM), is the only EV producer.

VinFast reported 55,000 global orders in December 2018 and 12,000 from the U.S.


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