Vinfast adds dealer franchises in the United States, due to slower-than-target electric vehicle deliveries
Vinfast on Tuesday announced signing contracts with 12 more dealers in the US, but a recent report suggests the electric car company may not meet its sales target.
According to Vinfast’s press release, the first new dealership is expected to open later this month. The addition will give the company 18 franchisees in seven states—North Carolina, New York, Texas, Florida, Kansas, Connecticut and Kentucky—since the program’s inception. Switch to the agency model last year. That’s out of 15 company-owned stores and service centers in California, the nation’s largest electric vehicle market.
2023 Vinfast VF 8
Vinfast’s first product for the US is the VF 8. ONE electric SUV Preview drive in 2022 showed us that VF 8 has a long way to go and The official first flight of VF 8 last year left us with a warning that it simply wasn’t ready yet.
Following the 3-row SUV model Vinfast VF 9, it has been officially evaluated with an index EPA range 330 miles, but deliveries have not yet begun. Both VF 8 and VF 9 have many crossover alternatives. At CES 2024, Vinfast revealed a car model New pickup truck concept and introduced its unique VF 3 mini SUV. Both are likely to find their way into the US market.
Vinfast VF 9
Meanwhile, construction is said to be on hold at Vinfast’s factory in North Carolina and is said to be looking for a smaller footprint, according to the local newspaper. News & Observer. Recently Axios The report claims that Vinfast is simply having difficulty selling its cars worldwide.
According to Axios, Vinfast hopes to deliver 100,000 vehicles globally this year, but only delivered 9,869 units in the first quarter. The report cited registration data as saying that Vinfast had only exported 3,118 vehicles to the US and that only 265 of those vehicles had been sold as of December. However, Vinfast has told shareholders that it plans to complete factory in North Carolina in 2025, with annual production capacity of 150,000 vehicles.
