VinFast, the electric vehicle manufacturer from Vietnam, announced on Monday that it had sent out the second shipment of 1879 units of VF 8 SUVs to North America. The company which is the first-ever EV manufacturer in Vietnam is trying to expand its global market in North America and Europe. 

Last November, VinFast sent its initial set of 999 vehicles to the United States. The company is now distributing the second group of cars in two parts, with 1089 electric vehicles going to the US and the remainder being transported to Canada.

VinFast recently declared its intentions to extend its operations to the European market this year. As per their announcement, the company aims to dispatch 700 units of VF 8 EVs to Europe by mid-July, while also unveiling two new models and accepting global reservations for them.

What is VinFast?

VinFast LLC is a privately owned automobile manufacturer headquartered in Singapore, and founded by Vietnamese Billionaire entrepreneur Phạm Nhat Vuong as a part of the Vingroup conglomerate in 2017. VinFast is recognized as the first Vietnamese automotive brand to foray into the global marketplace and the first to produce electric vehicles, including electric cars and electric scooters.

The company launched its first two vehicle models the LUX A2.0 and the LUX SA2.0, which were inspired by the BMW design at the 2018 Paris Motor Show. However, the company then decided to venture into the EV sector and launched one of its first-ever compact cross-over electric SUVs the VF e34 in 2021. 

To date, the company has launched about 5 EV models with the latest being the VinFast VF 8 which is shipped globally. Apart from cars, the company also manufactures electric scooters and buses. 

The company has a production capacity of 2,50,000 units per annum and has delivered around 865 units of the latest VF8 EV domestically. Last December, apart from the domestic orders, the company also secured global orders for around 55000 units with 12000 units being sold to the US alone. 

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