@vinfastauto.com
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Founded in 2017, VINFAST is a Vietnamese automotive manufacturer headquartered in Hai Phong, Vietnam. It is a subsidiary of Vingroup, one of the largest conglomerates in Vietnam. VINFAST aims to be the country's leading automotive brand and to put Vietnamese cars on the global map.
VINFAST offers a range of products and services in the automotive industry. They produce passenger cars, electric motorcycles, electric buses, and electric scooters. Their passenger car lineup includes popular models such as the Lux A2.
0 sedan and Lux SA2. 0 SUV. The company also provides after-sales services and has plans to expand into electric vehicle charging infrastructure.
On a global scale, VINFAST has gained attention for its rapid growth and global ambitions. They have established partnerships with well-known companies to accelerate their operations. In 2018, the company entered into a joint venture agreement with Germany's BMW to collaborate on technology transfer and product development.
Additionally, they signed a strategic cooperation agreement with leading electric motorbike manufacturer, PEGA, to further enhance their electric vehicle portfolio. VINFAST has quickly made its presence felt in the automotive market. Their focus on quality, design, and innovation has gained them a competitive edge.
In terms of global sales, VINFAST has managed to expand beyond Vietnam's borders. In 2019, they made their international debut at the Paris Motor Show and showcased their first two car models. This launch was well-received, with VINFAST receiving positive feedback for its design and quality.
Since its establishment, VINFAST has achieved several significant milestones. In 2019, VINFAST opened a $3. 5 billion automotive manufacturing complex, the largest in Southeast Asia.
This facility has enabled the company to scale up production and meet increasing demand. VINFAST has also invested in research and development centers in Australia, Germany, and the United States to develop advanced technologies for their future electric and autonomous vehicles. As of the latest update, VINFAST continues to grow and expand its market presence.
The company has plans to enter other international markets, including the United States and Europe. With its focus on innovation and its commitment to becoming a global automotive player, VINFAST is poised to make further strides in the industry
Company Type
Privately Held
Company Size
5001-10,000
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