VinFast will open 60 showrooms in the US.
It's been over three years since we heard about a new automotive company called VinFast. The Vietnamese brand initially showed off a luxurious sedan and SUV that were uniquely styled but actually based on the BMW 5 Series and X5. A lot has happened since then. VinFast revealed a few new electric vehicles at the start of this year, and back in July, the company announced that it had officially opened offices in both North America and Europe. Now, we know more about when we can expect to see the company's first EVs hit the road in the US.
According to Reuters, VinFast's two electric SUVs will start reaching US customers by the end of next year. Pre-orders will begin in the US in the first half of 2022.
"It's still early to make any sales predictions, but VinFast will unveil two of our latest EV models, which are the VF e35 and VF e36, at the 2021 Los Angeles Auto Show this November, thus marking our official introduction to the American market," said global Chief Executive Michael Lohscheller in an email. Before this, VinFast's first EVs will start reaching customers in Vietnam this December.
The VF e35 is expected to be a D-segment vehicle and the larger VF e36 is described as an E-segment SUV. Not much more is known about the two SUVs but they're expected to come with a comprehensive suite of driver-assist safety technologies. We also expect more power and range than the smaller VF e34, which produces 147 horsepower and has a range of 186 miles.
Next year, VinFast is targeting global EV sales of 15,000 cars, down from 56,000 due to the semiconductor chip shortage. With an office in California already, the company aims to open 60 showrooms in the US in 2022. Whether VinFast can compete with the likes of Tesla remains to be seen, but we won't have to wait much longer to find out.