VinFast Cars
EV · 3 models
VinFast: Vietnam's Electric Automaker Goes Global
EVVinFast is the Vietnamese automaker backed by conglomerate Vingroup that has bet its entire lineup on electric vehicles while pushing hard into the US and other export markets.
VinFast models we cover
VinFast was founded in 2017 as an arm of Vingroup, Vietnam's largest private conglomerate, with businesses spanning real estate, retail, and hospitality. The company built its first factory in the port city of Haiphong in record time and initially launched with gasoline sedans and SUVs before making a dramatic pivot to an all-electric lineup. That shift positioned VinFast as Vietnam's first major domestic car manufacturer to attempt a serious global export push, rather than simply building vehicles for the local market.
The brand's electric SUV lineup spans from the compact VF6 up through the midsize VF8 and the flagship three-row VF9, giving VinFast a presence across several price and size segments at once. This is an unusually fast-paced rollout for a company still in its first decade of vehicle production, and it reflects Vingroup's broader strategy of using capital from its other businesses to accelerate VinFast's growth rather than scaling gradually the way most legacy automakers have.
VinFast has opened dealerships and delivery centers in the United States, targeting buyers looking for EV alternatives outside the established Tesla, Hyundai, and Kia options, while also expanding into other export markets in Asia and Europe. As a newer entrant competing against automakers with decades of manufacturing experience, VinFast's export ambitions are a significant test of whether Vietnam's automotive industry can compete on the world stage, and shoppers researching the brand should weigh its rapid growth trajectory against its comparatively short track record.