The Vietnamese manufacturer Vinfast wants to set up an assembly plant in the USA
- The Vietnamese manufacturer of 100% electric cars Vinfast, which currently has an assembly plant in Vietnam with a production capacity of 500,000 vehicles per year, will set up a new assembly plant in the United States. This plant located in North Carolina (which already has a BMW assembly plant) will have a production capacity of 150,000 vehicles per year for a local destination mainly. Vinfast is counting on the development of the electric car market in the United States to justify its establishment in the country, hoping that demand will not focus solely on Teslas. The targeted segments are rather upper segments (D/E).
- The start-up of manufacturers such as Rivian, Fisker or Lucid shows that the 100% electric market could diversify in the United States over the next few years and that each brand could find its market. Vinfast said construction of its US plant will begin in 2022 and auto production will start in 2024.
- The range of electric cars produced in the United States should consist of SUVs of different sizes. We are talking about the VF-8 (5-seater) and VF-9 (7-seater) models, 4.75 m and 5.10 m long respectively.
- Three other models were presented at CES in Las Vegas in 2021, the VF-5, VF-6 and VF-7 of smaller dimensions, but it is not certain that these models will be produced in the United States even if their marketing in Europe is already planned. The VF-5 is an SUV 4 meters long, the VF-6 4.25 meters long and the VF-7 4.50 meters long (size of a VW ID4). Vinfast would study the possibility of producing them directly in Europe, precisely in Germany.
Contact us: info@inovev.com