Decisive factors for Vietnamese consumers to purchase electric vehicles
The lack of charging infrastructure in public places and traveling distances remain barriers to the use of electric vehicles among Vietnamese and Southeast Asian consumers.
The lack of charging infrastructure in public places and traveling distances remain barriers to the use of electric vehicles among Vietnamese and Southeast Asian consumers.
Israel is expected to be an ideal market for the Vietnamese automaker to promote its electric vehicle business.
The company intends to invest up to $2 billion in the first phase of its project at the Triangle Innovation Point megasite in Chatham County.
Following its US debut at the 2021 LA Auto Show, VinFast is taking important steps towards a sustainable future of mobility.
By debuting a global electric vehicle brand, VinFast has established Southeast Asia as a beacon on the global automotive map.
The US market is one of the five key markets under the Vietnamese automaker’s business expansion plan.
The Government needs to complete legal framework and make charging stations a must-have item in the road traffic and urban infrastructure system.
The Vietnamese company plans to build its production facilities for battery and charging equipment in the US and Europe, as part of its global expansion strategy.
The move is aimed at promoting the use of more environmentally-friendly car models in Vietnam.
The phase-out of fossil-fueled cars in Europe and North America will be a great opportunity for VinFast to conquer these markets.