RESEARCH TRIANGLE PARK – VinFast, the Vietnam-based electric vehicle manufacturer that’s chosen Chatham County for a new vehicle plant, has shipped its first 999 vehicles to the U.S.
“The export of the first 999 VF 8s is a significant event for VinFast and Vingroup and a proud historical milestone for the Vietnamese automotive industry,” said Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, in a statement. “It affirms that Vietnam has successfully produced high-quality standards electric vehicles that are ready to compete in the international market. We hope that, when VinFast’s smart electric vehicles roll out on the streets around the world, it will help promote the image of a new, dynamic and progressive Vietnam to the global audience.”
The vehicles shipped on Friday and are expected to arrive in the U.S. in 18 days.
“The first VinFast customers in the US can expect their cars by the end of December 2022,” the company said.
Some 65,000 orders have already been placed for a variety of models, VinFast added.
VinFast also recently landed an order for more than 2,000 vehicles from Autonomy, a car subscription service.
In other news, Bloomberg reports that VinFast is pursuing an initial public offering of stock (IPO) “sometime in 2023.”
Chatham County was announced as the company’s first factory location in July.