1 million cars in total per year
The Vietnamese producer of electric cars (EVs) Vinfast started production on Sunday in a new factory in their own country. It is the second production facility of Vinfast in Vietnam that must contribute to the growth plans of the company.
The factory is located in the centrally located province of Hai Tinh and initially has a production capacity of 200,000 cars per year. VinFast already has a large factory in the Northern Haiphong that is designed for a production capacity of 950,000 cars per year.
Vinfast is also about to open a new factory in India. That should happen next month. The construction of a factory in the United States has been delayed. Vinfast is part of the Conglomerate Vingroup that was founded by the richest man of Vietnam, Pham Nhat Vuong.
Vinfast wants to sell 1 million cars worldwide every year to compete with Tesla and Chinese electric car builders, among others. In Vietnam, with 100 million inhabitants, the market for electric cars is growing strongly.
1 Million Cars Total per year
The Vietnamese Electric Car (EV) Manufacturer VinFast Start Production in A New Factory in its home country on Sunday. IT is VinFast’s Second Production Facility in Vietnam, which Sich Should Contribute to the Company’s Growth Plans.
The Factory is location in The Central Province of Hai Tinh and Initially has a production capacity of 200,000 cars per year. Vinfast Already Has a Large Factory in Northern Haiphong That is designed for a production capacity or 950,000 cars per year.
Vinfast is also about a new factory in India. That should Happen Next Month. The Construction of a Factory in the United States Has Been Delayed. Vinfast is part of the conglomerate Vingroup, which was founded by the richest man in Vietnam, Pham Nhat Vuong.
Vinfast Wants To Sell 1 Million Cars Annually Worldwide to Compete with Tesla and Chinese Electric Car Manufacturers, Among Others. Growing Strongly is in Vietnam, With 100 Million Inhabitants, The Market for Electric Cars.