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Vietnam's VinFast Preparing to Sell Electric Crossovers in the U.S.

Vietnam's VinFast Preparing to Sell EV Crossovers in the U.S.

• VinFast, Vietnam’s first car company, announced it has established U.S. headquarters and said that showrooms will open in California soon.
• The company plans to enter the U.S. market with two electric crossovers, the VFe35 and the VFe36, and is targeting to start sales in March 2022.
• VinFast has an 8.4 percent share of the market in Vietnam but said it will need to raise additional funds to finance its global expansion.

VinFast became Vietnam’s first domestic carmaker in 2019, when it started selling two gasoline-powered vehicles, the Lux A2.0 sedan and the Lux SA2.0 crossover, in its home market. Now the fledgling company has announced plans to expand into North America and Europe, with...

And several North American factories are shutdown. The shutdowns are attributed to supply issues due to the Canadian truckers protest.

"Toyota Kentucky Powertrain Plant will begin assembling fuel cell modules for use in hydrogen powered Heavy Duty Commercial Trucks in 2022."
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"Toyota announces Norh Carolina's Greensboro-Randolf has been chosen as the location for Toyota's new $1.29 billion automotive battery plant. Toyota Battery Manufacturing, North Carolina (TBMNC). Slated to start producing batteries in 2025, it will have four production line, each capable of delivering enough lithium-ion batteries for 200,000 vehicles"

"In December 2021, Toyota announced and revealed 16 Toyotas and Lexus BEV models being prepared for launch including the all-new Toyota bZ4X to arrive at dealers 2022 mid-year. Toyota goa is 3.5 million BEV's sold globally by 2030. The Lexus brand aims to have BEV's account for 100% of taotal sales in Europe, North America and China by 2030."

Some Toyota news recently shared with Toyota Retirees and available to the lpublic.