Vietnamese electric vehicle manufacturer VinFast signed the Climate Pledge as a commitment to helping the world reach net-zero carbon emissions by 2040.
Local auto experts said rising average income significantly contributes to the high demand for car ownership. However, the current limited supply is causing delays in distribution.
The agreement says VinFast holds the naming rights and is the exclusive EV partner of the IRONMAN series in the US, Europe, and Asia from 2022 to 2025.
VinFast simultaneously opened its stores in California’s Santa Monica, San Mateo, San Diego, Commerce, Berkeley, and Corte Madera.
VinFast CEO said production of electric cars in the US is on track to start in 2024.
Vietnamese car manufacturer VinFast has opened its first electric vehicle charging station at the PVOIL petrol station in Hai Phong.
American President Joe Biden said Vietnamese car manufacturer VinFast’s electric vehicle and battery manufacturing investment in the US is the latest example of his economic strategy at work.
After announcing plans to list on the US Stock Market, Vinfast is unveiling its electric vehicles to American consumers for the first time.