Sage-Tips

What is VinFast car?

(CNN Business) Vinfast, a car company based in Vietnam, unveiled a pair of electric SUVs Wednesday that it plans to begin selling in the United States next year. “We want to become a global brand,” said Vinfast Global CEO Michael Lohscheller, “and if you want to become a global brand, you have to come to the US.”

Who owns VinFast?

Vingroup
VinFast/Parent organizations

VinFast, the Vietnamese automaker under Vingroup, was one of the LA Auto Show’s numerous newcomers this year aiming to make an impression with consumers. The company showed off two all-electr…

Is VinFast a BMW?

The VinFast LUX SA2. 0 is designed by Italian design company Pininfarina and is based on the F15-generation BMW X5.

What happened to VinFast?

Vietnamese conglomerate Vingroup JSC is restructuring its automobile unit VinFast ahead of a planned U.S. initial public offering in the second half of 2022. Vingroup’s 51.52 percent stake in VinFast will be transferred to a Singapore subsidiary, the company said in an emailed statement on Saturday.

What is Vietnam’s first major car maker called?

Vietnam’s first major car maker is called VinFast, will debut in Paris The company is a subsidiary of Vingroup, the largest private company in Vietnam.

What does VinFast’s new PR agency pfpr mean for Vietnam?

While facts are thin on the ground here, the press release from VinFast’s new PR agency PFPR states that: “VinFast products will share a number of characteristics and values: Vietnam, Style, Safety, Innovation, and Pioneering.

Why is Vietnam moving to build cars?

The move to build cars in Vietnam is a big one, culturally, as the country is mostly known as a haven for motorcycles and scooters due to their low cost of ownership and Vietnam’s crowded streets. A shift to cars, if they’re meant to be sold domestically, could radically alter the way the country gets around.

What are the characteristics of VinFast cars?

“VinFast products will share a number of characteristics and values: Vietnam, Style, Safety, Innovation, and Pioneering. Its cars will meet international standards and customer expectations in terms of premium design, quality, dynamics, in-car features and ownership experience.”