Vinfast VF 9

The company believes an expansive dealer network will help it to grow faster than relying on a direct-sales model

After trading at $93 earlier this week valuing the company at $200 billion, on Tuesday VinFast’s share price fell by 44%

The VF 9 Eco starts at $83,000 and will be able to travel 330 miles on a single charge

VinFast’s market value rose so high that it was almost worth more than Ford and GM combined

While VinFast won’t be attending the IAA Mobility show, various German and Chinese automakers will be

VinFast’s U.S. factory will build the VF 7, VF 8 and VF 9 EVs starting in 2025

North Carolina factory will cost Vietnamese automaker $4 billion and is scheduled to produce its first vehicles in 2025

VinFast’s owner and its lenders have spent almost $10 billion on the carmaker since 2017

The EV startup with the ambitious goals hasn’t revealed yet when deliveries will begin in America

And that was on top of an all-expenses paid trip to the country

VinFast has not yet announced pricing for the VF 6 and VF 7 in the U.S

Vietnamese brand’s VF 6, 7, 8 and 9 were all on display at Paris Motor Show following global debut at CE in January