VinFast EVs See Rise in US Dealer Applications: 70+ and Counting!

When
Vietnamese automaker VinFast announced it was entering the US electric car
market early this year, few expected it to go quietly. Not only has the company
sponsored episodes of Jimmy Kimmel Live, but it’s made it clear that it aims
not just to make a splash but also grow fast.

Late
Monday, the company said there are more than 70 dealers interested in carrying
and selling its vehicles across what are likely key EV markets in North America
– like Santa Monica, San Francisco and New York City.

Many
companies arriving on a new continent might do well with one or two big-name
dealers signing up; clearly VinFast wants to drum up much more excitement for
its brand.

VinFast has so far Received
70 US Dealer Applications!

70 auto
dealers in the US have applied to sell VinFast electric vehicles. Meanwhile, Vietnam-based
VinFast is aiming to initially hawk its EVs through 125 points of sale.

By the end
of 2024, however, it aims to expand that presence- via what it describes as a
“nationwide” dealer network- to “hundreds” of points of
sale.

The VF 8
will be available for delivery this year, with the VF 6, VF 7 and VF 9 expected
in later years.

VinFast is Putting Policies
in Place to Support its Early Adopters

Even though
VinFast’s electric vehicles are effectively new to the U.S. scene, the company
has put several policies in place to support its early adopters. The most
notable of these is a 10-year/125,000-mile warranty for the vehicle itself and
a 10-year/unlimited-mile policy for the EV’s battery.

Both
warranties are– unsurprisingly– only available for non-commercial use; it’d be
awfully tough to deplete an EV battery within just about any commercial
application, so it makes sense that this protection is aimed squarely at
drivers who need reliable transportation.

Additionally,
VinFast says that interested dealers can submit requests to sell its vehicles
and receive fulfilments either periodically or via air in urgent cases. This
suggests that regardless of how quickly VinFast eventually scales in America
(and around the world), it should have no problem getting inventory into those
who want and need them.

Learn More: Electric vehicle trends for 2024 and beyond

Steve Tran (VinFast CEO
North America) Believes EVs Should be Accessible to Everyone

Over the
past several months, VinFast has seen an increased number of US dealer
applications. The company- under North American CEO Steve Tran- is steadfast in
its mission to make more electric vehicles (EVs) accessible to everyone.

Tran’s
vision for VinFast is one that includes a vast and expansive business network
able to deliver premium EVs with quality aftersales services at reasonable
prices.

By bringing
as many dealers into the fold as possible, VinFast can get its products on the
market faster, meeting what it believes are massive needs from US customers who
want outstanding EVs rendered with excellent service.

While
cooperating with other industry entities including dealers will help ensure
that VinFast’s goals will manifest quicker than they otherwise would!

VinFast also Plans to
Expand in 50 Different Countries by 2024 End

VinFast
also plans to expand in 50 different countries by the end of 2024. The company-
hailing from Vietnam, no less- has ambitious targets outside of its home
country and within Southeast Asia.

While many
EV companies have eyes on dominating China, VinFast seemingly hopes that it can
quickly grow and expand outside the world’s most populous nation. Given its
name, one could reasonably expect rapid growth!

Learn More: VinFast Offers Generous Compensation to Customers for Service Problems and Delays!

The Bottom Line

VinFast has
seen more than 70 US dealer applications. And, with the brand’s North American
CEO Steve Tran opting to ensure it “grows quickly in the United States”, we’re
sure that number will rise.

Tran is
also confident VinFast electric vehicles (EVs) are going to sell in tremendous
numbers here, but only time will tell just how well VinFast can really do in
America!