AUSTIN,
Texas, Nov. 10, 2023 /PRNewswire/ -- VinFast
Auto Ltd. (the "Company" or "VinFast") (NASDAQ: VFS) today at
Electrify Expo 2023, announced its aggressive plans for expansion
across the U.S. with more than 70 dealer applications in hand.
Updates on dealer agreements are expected to be announced in the
coming months, which should allow VinFast to start distributing its
EVs through 125 points of sales nationwide.
This is a step forward affirming VinFast's commitment to
expanding its business network and quickly making electric vehicles
accessible to more consumers. The Company is planning to distribute
its electric vehicle models at hundreds of points of sales by the
end of 2024, including its existing showrooms. In 2023, VinFast
expects to distribute VF 8 models through its distribution
network, and will continue its offerings with the VF 9, VF 6 and VF
7 when these models launch in the market.
All VinFast customers who purchase or lease VinFast electric
vehicles are eligible for VinFast's aftersales policies including a
10-year/125,000-mile warranty for the vehicle and 10-year unlimited
mileage for the battery under non-commercial use.
Additionally, VinFast's Parts Distribution Centers are available
to fulfill orders from all regional markets including the U.S. and
are ready to timely support dealers' requests. VinFast's dealers
will be able to simply submit a request and then collect
fulfillment periodically (monthly or quarterly) or, in urgent
cases, by air. This will support the high standard of repair and
maintenance services offered to VinFast customers, regardless of
distribution method.
From now until year end, VinFast will conduct Pop-up Mobile Test
drives across Austin, Texas, and
other targeted cities and states, providing local customers with
easier access to hands-on trials with VinFast EVs. Details will be
shared later via VinFast's official channels.
Steve Tran, CEO of VinFast
North America shared: "Our mission is to make EVs accessible
to everyone. That is why VinFast always strives to expand its
business network, and to provide consumers with premium quality
electric vehicles, attainable prices, and outstanding aftersales
services. Cooperating with dealers will help us shorten the time to
bring products to market and to quickly meet the needs of U.S.
customers."
As unveiled last quarter, VinFast intends to establish broad
distribution channels, leveraging local networks and the expertise
of third-party dealerships and distribution to increase coverage in
its expanding list of target markets. The Company aims for its
presence in up to 50 global markets and countries by the end of
2024.
About VinFast
VinFast – a subsidiary of Vingroup JSC – is Vietnam's leading automotive manufacturer
committed to its mission of creating a green future for everyone.
VinFast manufactures a portfolio of electric SUVs, e-scooters and
e-buses in Vietnam and exports to
the United States, Canada, and soon, Europe. Learn more at
www.vinfastauto.us.
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SOURCE VinFast