Vietnam Has Announced An EV For the US Market

Serena Aburahma
Updated on Apr 12, 2022 · 4 min read
Electric cars are clearly the wave of the future, with companies such as Rivian building more and more EV plants in the U.S. Now, even countries such as Vietnam are getting into the game. 
Vietnamese car manufacturer VinFast is getting ready to build an EV plant in North Carolina. Read on to learn more about what these new electric cars will entail and when you'll be able to buy one for yourself. 

Vietnamese EV coming soon

There's a good chance you've never heard of VinFast, but that's likely to change in the near future. The Vietnamese startup is planning to invest some $2 billion to build a plant in North Carolina.
According to Car and Driver, the plant in the works will be used to manufacture EVs, including crossover vehicles and electric buses. The plant will also focus on the manufacturing of batteries. 
Production will take place at Triangle Innovation Point in Chatham County, at a plant located on some 2,000 acres. 
There's a lot of excitement around this project not only because of the new EVs that it will bring to the market but also because of the jobs it will create: an estimated 7,500 to 13,000 positions. 

What will the new Vietnamese EV have to offer?

VinFast's expansion to the U.S. will allow it to produce two new crossover EVs: the VF 8 and VF 9, which were previously known as F e35 and VF e36. 
The VF 8 will be the more affordable of the two vehicles, starting at a price of around $41,000. It will offer 402 hp and 472 lb-ft of torque. The VF 8 can go from 0 to 60 mph in just 5.5 seconds, which is impressive for a midsized EV, and has a range of around 317 miles.
The VF 9 will be somewhat pricier, with an MSRP of $56,000. The seven-seater doesn't differ from the VF 8 in terms of horsepower and torque, but it will offer a larger range of around 422 miles. So for anyone who makes a habit of long road trips, the differential in price could be worth it. 
Both the VF 8 and VF9 come with the modern driver assistance programs that many buyers have come to expect these days. 

A look at the rollout plans for the new EV 

Although the North Carolina factory has yet to be built, VinFast plans to get these EVs to the U.S. market even before the plant is complete. The company has said that its immediate goal is to produce the vehicles in Vietnam and export them to the U.S. relatively soon.
Production in the U.S. is expected to ramp up by the second half of 2024, when the company hopes that the plant will be able to manufacture around 150,000 units per year.
VinFast also hopes that its Vietnamese plant will have the capability to produce an impressive 950,000 vehicles in the next four years. 

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