Industry News - VinFast Global Community

Supply Chain Challenges Threaten US EV Boom in 2024

The electric vehicle (EV) revolution in the US is facing a significant hurdle in 2024: a complex and strained supply chain. While demand for EVs continues to surge, fueled by government incentives, environmental concerns, and rising gas prices, the ability to meet that demand is being hampered by critical component shortages and logistical bottlenecks. The Domino Effect of Chip Scarcity: One of the biggest challenges lies in the ongoing global semiconductor shortage. These tiny chips are essential for various EV functionalities, from battery management systems to driver-assistance features. The automotive industry competes with other sectors like consumer electronics for a limited chip supply, leading to production delays and inflated costs. Battery Blues: Another major concern is the battery supply chain. The key materials for lithium-ion batteries, such as lithium, cobalt, and nickel, are facing fluctuating prices and potential supply constraints. This volatility can disrupt production schedules and impact the affordability of EVs for consumers. Additionally, geopolitical tensions and ethical sourcing concerns further complicate the battery supply landscape. Beyond the Raw Materials: The challenges extend beyond raw materials and chips. Disruptions in logistics and transportation, including port congestion and rising shipping costs, are creating additional roadblocks. The sudden and significant shift…

editor03

1 month, 2 weeks ago

Many American customers are satisfied with VinFast VF 8

The VinFast VF 8 electric SUV won the hearts of many Americans in the North Carolina area. VinFast VF 8 received positive reviews in the US According to TV channel WRAL (USA), two months after opening the Leith VinFast showroom in Cary, North Carolina, General Director David Coyle said the brand has had great success penetrating the regional market. Triangle area (residential area in North Carolina). “We’re selling to everyone,” David Coyle said. “Currently, buying a high-end car at such a low rental price is a bargain in the market. We have a lot of people willing to test the car because the rental fee is so attractive. ” Users can currently own a VinFast Eco 2023 without having to pay any money upfront with a rental contract worth 249 USD/month (converted price of 6.1 million VND). That’s less than half the average monthly price for a new car lease, according to Lending Tree. Coyle declined to say how many cars were sold or leased, but the Cary dealership only had six 2023 VF 8s left as of February 23. What do users say about the VinFast VF 8 electric car? Matthew Braunstein, president of the Carolina Viper Club (the…

editor03

1 month, 3 weeks ago 4 Bình luận

What EV Batteries Can Expect in 2024

The days of solid state batteries might not be far off. Engineers should keep an eye out for these battery developments and innovations in the upcoming year. These days, few technologies are as vital and dynamic as batteries. The need for batteries has increased dramatically, and their development is happening at an astonishingly fast rate. This demand is fueled by the pressing need for green energy solutions, particularly in the electric vehicle (EV) and power grid utility sectors.In 2024, that development will pick up even more speed. Here are some of the most exciting developments in battery technology and trends for the upcoming year. Battery technology will be driven by more than just the EV business. As of right now and until 2024, the electric vehicle (EV) industry is the primary driver behind the rapid growth of batteries. Grid-scale battery storage systems, on the other hand, are a more recent actor that is beginning to have a big influence on battery technology going forward (BSS). BSSs will become more and more integrated with EVs as the most promising application for second-life batteries and as catalysts for battery development. Although there may be competition, lithium-ion batteries will continue to dominate the…

editor05

2 months ago

Charging into the American Future: Plugging in to Widespread EV Adoption

The electric vehicle (EV) revolution is humming across the United States, but one obstacle remains: range anxiety. The fear of running out of juice before reaching a destination can be a significant barrier to widespread EV adoption. Fortunately, American businesses and Government are stepping up to address this concern by investing heavily in expanding charging infrastructure across the nation. Government Takes the Wheel: Recognizing the critical role of a robust charging network for a sustainable transportation future, the U.S. government is implementing various programs to support its development: Financial Incentives: Sweetening the deal, subsidies and tax breaks are offered to both EV owners and those installing charging stations, making both more affordable. Infrastructure Funding: The Biden administration has committed a whopping $5 billion to build a national network of 500,000 EV chargers by 2030, ensuring wider accessibility. Regulatory Support: Streamlining permitting processes removes bureaucratic hurdles, encouraging businesses to invest in building charging stations, not paperwork. Standardization: Promoting common charging standards, like the popular CCS connector, ensures compatibility and interoperability across different networks, preventing driver frustration. Private Sector Drives Innovation: American ingenuity is also powering this infrastructure expansion. Leading EV manufacturers, energy companies, and infrastructure providers are investing in various aspects…

editor05

2 months ago 1 Bình luận

California’s EV Market Charges Ahead in 2024: Surging Sales Despite Roadblocks

California’s love affair with electric vehicles (EVs) shows no signs of slowing down in 2024. While national EV sales might sputter, the Golden State remains a shining example, with nearly 27% of new car sales in 2023 being electric, far surpassing the national average. Analysts predict this momentum to continue, with forecasts suggesting a growth of 20% to 30% in EV sales for the state this year. This surge is fueled by several factors. Firstly, the affordability game is changing. Automakers are increasingly offering more budget-friendly EV models, making them accessible to a wider range of consumers than ever before. Secondly, California’s unwavering climate goals act as a powerful tailwind, with initiatives like the Clean Vehicle Rebate Project and the Zero Emission Vehicle (ZEV) mandate offering incentives to both consumers and manufacturers. However, the road to complete EV domination isn’t without its bumps. One major concern is charging infrastructure. While California has made strides in expanding its network of charging stations, concerns linger about their availability and reliability, particularly in areas outside major cities. This “charging anxiety” can be a significant deterrent for potential EV buyers. Another hurdle is the upfront cost. While affordability is improving, EVs generally still carry…

editor05

2 months ago

VinFast attended the 2024 American Automobile Dealers Association exhibition

VinFast announced its participation in the exhibition of the American Automobile Dealers Association – NADA Show – one of the largest and most prestigious dealer associations in the US, taking place from September 1, 2024. February 1 to February 4, 2024 in Las Vegas. The activity represents a new step for VinFast in expanding cooperation opportunities with agents in the US market. VinFast in CES 2024 Founded in 1917, the American Automobile Dealers Association (NADA) includes more than 16,000 members who are car and truck dealers, and more than 32,000 franchise representatives in the United States. Attending NADA’s annual exhibition affirms VinFast’s vision and long-term commitment to developing its business network and bringing American customers smart and quality electric vehicle products. Within the framework of the NADA exhibition, VinFast will display two electric car models VF 8, VF 9 and electric bicycle model VinFast DrgnFly. In particular, VF 8 is a D-segment electric SUV model that is widely distributed through VinFast’s store and dealer system in the US market. Speaking about attending the event, Ms. Tran Mai Hoa, Deputy General Director of VinFast Global Sales and Marketing, said: “NADA is one of the largest and most prestigious dealer associations in…

editor05

2 months, 2 weeks ago

VinFast “contributed” 3 out of 60 electric car models that will arrive in the US by 2024

It is known that VinFast VF 6, VF 7 and VF 9 will arrive in the US in 2024, of which the VF 9 model will arrive around the beginning of the year. It is expected that VinFast will open about 125 sales points across the United States A decade ago, there were fewer than a dozen electric cars sold in the US. However, now the number has increased by the week. According to Carscoops, more than 60 new electric cars, trucks and SUVs are expected to launch in 2024 in the US. Among the car models arriving in the country in 2024, there are VinFast VF 6, VF 7 and VF 9. Currently, the Vietnamese car company has delivered the VF 8 electric SUV to American customers. VinFast’s intention is to cooperate with local agents to expand sales methods and reach consumers here. Besides, the urban car model VinFast VF 3 has also received positive feedback from many US dealers. If this model is sold here, it will likely receive a federal tax credit incentive package. In addition, the factory that VinFast is building in the US is expected to begin operating in 2025. Bạn cần đăng nhập để…

editor05

2 months, 3 weeks ago 1 Bình luận

The electric car revolution in the US has just begun, does VinFast face a great opportunity?

Although demand is showing signs of slowing down, experts predict that the electric car revolution in the US is only in the beginning stages, according to CleanTechnica. Electric vehicle sales grow in 2024 Car and Driver magazine had an optimistic prediction about the electric vehicle revolution in 2024. They said electric vehicle sales in 2023 were at a record high, both in quantity and in proportion to the total automobile market. new bowl. EVadoption estimates that more than 1.2 million pure electric vehicles and an additional 190,000 plug-in hybrid vehicles will be sold in the US by 2023, for a total of 1.36 million vehicles. This represents 8.8% of the total 15.5 million new cars, the highest electric vehicle sales rate ever in the United States. It is expected that 2024 will set a record for electric vehicle sales. Bloomberg’s Colin McKerracher predicts electric vehicle sales in the United States this year will reach about 1.9 million vehicles, equivalent to 13% of total new car sales. The US market has seen a decline in electric vehicle sales in the second half of 2023, but most of it is because interest rates last year rose to historic highs, causing large corporations…

editor05

3 months ago

Taking the Long Road Ahead: Electric and Autonomous Vehicles’ Future

When it comes to transportation, the future is a journey rather than a destination. Although they have already caused significant disruptions in the automobile sector, autonomous vehicles (AVs) and electric vehicles (EVs) have much more potential. What’s in store for AVs and EVs in the future is nothing short of revolutionary. Electrifying the World: EV Evolution The Sustainability takes Center Stage The EV revolution is still propelled by the need to protect the environment. The automobile industry is changing as a result of the move towards sustainability and decarbonization. Governments everywhere are promoting the use of electric vehicles (EVs), establishing aggressive goals for reducing emissions, and funding the infrastructure needed for charging them. Companies can take the lead in sustainability initiatives by adopting electric mobility instead of just complying with regulations. Batteries: The Future’s Energy Source The EV movement is centered on battery technology. Energy density, battery chemistry, and charging speed advancements will soon make electric vehicles (EVs) more affordable and useful. Prospective buyers’ “range anxiety” will diminish with the arrival of longer ranges and faster charging periods. Furthermore, advancements like solid-state batteries have the potential to further upend the current quo. Beyond-Passenger Cars EVs Even though passenger EVs make…

editor05

3 months ago

What do EV Lovers around the world say about the VF 3 electric car model recently launched globally?

With beautiful design, compact size suitable for urban areas and good equipment, VinFast’s mincar model is considered an ideal choice by users around the world. Present at CES 2024, Mr. Ted Cummins (Texas, USA) admitted that he did not know much about VinFast before arriving at the exhibition. However, the Vietnamese automaker’s display space immediately attracted him, especially the appearance of a small car model called VF 3. “I was really attracted to the mini-SUV VF 3 model.” ” A man working in the construction field expressed his impression with the design of the Vietnamese electric car model. Participating in CES 2024 from the first opening days, journalist Allison Sheridan expressed that VinFast’s space is a “must visit” place to see firsthand the small electric SUV VF 3. Appreciate the full product range of VinFast, according to her, VF 3 will be a suitable car model for users to move in urban areas. VinFast’s mini-eSUV model has dimensions of 3,190 x 1,679 x 1,622 mm (length, width, height) and a travel range of up to 210 km per charge. According to Ms. Allison Sheridan, these are parameters capable of meeting the daily needs of users in the US. “Most people…

editor05

3 months, 1 week ago