VinFast Electrification Strategy
V
....with An Extensive Global Expansion Plan
Our Global Roll-Out Strategy Tactically Targets Locations With Efficient Infrastructure and Manufacturing, as well as Highest Expected EV Penetration Rates
# of Global Showroom as at
April 30th, 2023 (1)
EV Addressable Market
(thousand units per year)
US
Canada
2022A
2028E
CAGR
EU
823
4,471
33%
Vietnam
78
400
31%
114
1,223
5,357
28%
8
351
89%
Toronto
Amsterdam
Paris
Frankfurt
U.S. California
U.S. North Carolina
New Manufacturing
Center(2)
Chatham
Los Angeles
County
Headquarters
Manufacturing Facilities
Los
Angeles
Canada
Toronto
North Carolina
Paris
France
Netherlands
Germany
Source: Frost & Sullivan
Note:
1. Including VinFast-owned showrooms and partnership showrooms
2. Pre-construction work for phase 1 of the manufacturing facility in North Carolina commenced in the third quarter of 2022, with commissioning targeted for 2026
Amsterdam
Frankfurt
Vietnam
Hai Phong
Hai
Phong
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