ECONOMYNEXT – Vinfast, a unit of Vietnam’s Vingroup conglomerate has unveiled two electric vehicles at the Los Angeles Auto Show in November, with production shipments planned to begin from 2022.
Vinfast unveiled a crossover and SUV, VFe35 and VFe36 models.
Vietnam’s Touitre newspaper said the firm expects to ship production models from late 2022.
The two pre-production models were introduced by Michael Lohscheller, a former Opel and Volkswagen executive who now heads Vinfast Global.
The two models were designed by Pininfarina of Italy. Vinfast tied up with the design house.
Vinfast has set up a global headquarters in California, investing 200 million US dollars and getting a tax 20.5 million US dollar tax incentive from the CalCompetes program with a promise to create 1,000 jobs.
Vingroup has tied up with China’s Gotion High-Tech Co., Ltd of China to produce lithium iron phosphate batteries (LFP). (Colombo/Nov21/2021)