. If this merger were to go through, the new joint entity would be valued at $23 billion, according to Reuters.
VinFast appears extremely committed to building a US presence. Beyond its dozen-plus mall-based retail locations in California, the brand is planning to build a, in addition to opening 30 retail spaces across California. Even so, VinFast will need more than trendy dealerships and domestic production to sway US customers into trying a fledging EV brand above market leaders like Tesla, Ford, and Hyundai.
Are you willing to buy a vehicle from a fledging brand if the price is right? Please share your thoughts below.A New York transplant hailing from the Pacific Northwest, Emmet White has a passion for anything that goes: cars, bicycles, planes, and motorcycles. After learning to ride at 17, Emmet worked in the motorcycle industry before joining Autoweek in 2022.