The VinFast story started in 2017 with the establishment of VinFast’s state-of-the-art automotive manufacturing complex in Hai Phong, Vietnam. The company will have to work quickly to turn things around before the bad first impression becomes a bad reputation, but it has proven in the past that it can indeed work quickly. Only a year before reviewing the production model of the 2023 VF8, MotorTrend published an article describing the experience of test-driving various prototypes. The issues mentioned in the earlier article (like problems with the braking system and crossed wires that make it difficult to adjust the seat) did get fixed by the time of the VF8’s official debut. If VinFast can keep working quickly, then it might just be able to find a place in the competitive American auto market. The Vingroup Joint Stock Company is a Vietnamese conglomerate with member brands that do everything from developing real estate to providing K-12 education to developing artificial intelligence.

The VinFast VF 8 Lets Owners Enjoy the Best of Both Worlds

Reliability and affordablity are qualities you expect from Japanese SUVs. Apparently, he was the one who sealed the deal with many international companies and, effectively, enabled the creation of the all-new car brand. evening doji star meaning VinFast has partnered with Charge&Go to promote the installation and operation of a network of public charging stations in the UAE. Currently, VinFast offers the VF 8 and plans to introduce VF 7, VF 9, and VF 6 electric SUVs in the UAE. All VinFast EVs come equipped with advanced connectivity, including smart infotainment systems and cloud-based services. Before the VF 8 and VF 9 are out for delivery for consumers globally at the end of 2022.

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In 2023, VinFast went public through a merger with a special purpose acquisition company (SPAC), debuting on NASDAQ with a valuation of $85 billion. Despite being relatively new to the market, this strong valuation reflected investor confidence in its potential as a major EV manufacturer — here are all the details about VinFast’s valuation. To support its global expansion, VinFast is constructing a manufacturing plant in North Carolina, USA, with a planned investment of $4 billion.

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Behind it is the largest Vietnamese private conglomerate Vingroup JS. It is backed by automotive minds from the depths of the American and European car industry, its foundation is German technology, and its soul is Italian design. If you ever thought that money couldn’t buy a car company, think again, because I think VinFast is the definition of money making/buying a car company. Founded in 2017, VinFast is a subsidiary of Vingroup, Vietnam’s largest private enterprise with interests in real estate, healthcare, education, and technology.

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The strategic decisions VinFast is making are particularly significant when viewed against the backdrop of the ASEAN and European automotive landscapes. In ASEAN – a region characterised by rapid economic development and evolving infrastructure – the emphasis on efficient, customer-focused logistics can serve as a blueprint for growth. After driving the new VinFast VF 8 SUV, we concluded that it isn’t a vehicle we can recommend in its current guise. Overall, it feels like an EV with a rushed development process, as evidenced by the patchy build quality, some software bugs, and a driving experience that needs refining. Its base price and maximum range on a full charge are outclassed by numerous rivals, and these are critical factors for a compact electric crossover. The vehicle’s redeeming qualities include snappy acceleration in Plus guise and standard features that would cost you extra in many rivals, while we also appreciate the spaciousness of the cabin.

Head of Vehicle Engineering, Kevin Fisher, reported that VinFast made some extensive modifications to the structure and then improved pedestrian and side-impact protection. With these changes, the cars, apparently, comply with the regulations all around the world and offer exceptional safety standards. Nevertheless, according to information from AutoCar in the U.K., VinFast cars – a sedan and an SUV – are actually based on top of the previous generation BMW 5 Series (F10) and BMW X5 (F15).

• It has since plummeted below $20, about where it was before the rally started.
• With proper maintenance, they can easily surpass the 300,000-mile mark.
• The company was established with a vision to transform Vietnam into a manufacturing hub for world-class vehicles and compete globally.
• Word of mouth is limited since the model is so new, and there aren’t many VinFast customers around to share their experiences.

He is the chair of Vingroup, the largest conglomerate in Vietnam, with units in the real estate development, EV, technology and retail sectors. As VinFast continues to grow in Canada, its dedication to innovation and sustainability remains at the core of its vision. From questrade forex ADAS and smart service to cutting-edge systems ADAS and smart integrations, each model is designed with the latest technology for enhanced safety and convenience.

These ten should certainly be considered near the top of your shortlist. Learning which cars depreciate faster than others is a great way to make sure you don’t make a costly mistake when buying your next SUV. Obviously, the cars do media movil follow the shapes set forth by BMW platforms.

• Our test drive review was of the VinFast VF 8 equipped with the more powerful motors, but the two trims are largely similar.
• The company will build the car in restyled form, but still under license.
• Its base price and maximum range on a full charge are outclassed by numerous rivals, and these are critical factors for a compact electric crossover.
• The entry-level version will sport a 1.0-liter engine with the other one actually getting a 1.4-liter engine and the option for the automatic transmission.
• The factory in Vietnam is at the heart of VinFast’s logistics transformation, producing vehicles that fuel the company’s strategic shift towards faster, more efficient transport and sustainable supply chains.

On the plus side, the adaptive cruise control and steering assistance functionality work very well. Overall, VinFast has some work to do to make the 2023 VF 8 drive as well as its competitors. Between price cuts, leasing options, and a heavily-touted pricing model that separated the price of the 2023 VinFast VF 8 from the battery cost, there is much to unpack here. Development of the two new cars based on top of BMW platforms is only the tip of the iceberg.

VinFast’s switch back to ro-ro positions the company to capitalise on more balanced capacity dynamics. This move could reduce overall supply chain complexity while enhancing reliability in vehicle transport – a strategic advantage in an increasingly competitive European market. The initial City Edition models are limited to 999 units, but we’d wait for the arrival of the models with the larger battery for their superior range.

Additionally, the cargo space ensures ample room for luggage and travel essentials. Aiming to enhance the customer experience with a promise of 24-hour parts delivery across Europe, VinFast strives for minimal downtime and maximum satisfaction for EV owners. Containerisation, while reliable under certain conditions, introduced significant coordination complexities between container and ro-ro ports. This operational friction led to increased lead times and a host of logistical challenges and demand.

Pricing doesn’t change (although the City Editions were introduced with a $3,000 discount), and neither does equipment, but the extra range of almost 60 miles for the base Eco is worth it. As for trims, the VF 8 makes more sense at a lower price, so we’d stick with the base Eco which already has many standard features. Our test drive review was of the VinFast VF 8 equipped with the more powerful motors, but the two trims are largely similar. Although able to get up to speed quickly, the throttle response is one of several aspects that could’ve been better tuned.

Interestingly enough, VinFast outsourced the design for the vehicles to several design houses from Italy. After that part of the work was done, VinFast reached out to Vietnamese people, 62,000 responded, and they picked the best among the 20 design sketches. I find this really curious as I don’t really remember BMW selling its tech to outsiders who are ready to produce hundreds of thousands of vehicles per year ever before.

As of 2025, the starting price for the VF 8 Eco is CAD $56,026, while the VF 8 Plus is priced higher, reflecting its additional features and performance enhancements. Financing options include 60 months down payment OAC or leasing plans with flexible terms, making EV ownership more accessible. Customers can opt for monthly for 60 months plans, depending on eligibility. The VF 8’s interior is designed with a focus on driver and passenger comfort. The Plus trim further elevates the experience with a panoramic glass roof, leather upholstery, and heated-and-ventilated rear seats, ensuring comfort across all seasons. The VF 8 is VinFast’s mid-size electric SUV, designed to offer a balance of performance, comfort, and advanced technology.