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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…

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9 months, 2 weeks ago

VinFast introduces the first electric bicycle in the United States

Electric bicycles – The world’s new ‘gold mine’, US sales increased nearly 400% since 2019. Electric bicycles are considered a more attractive market than electric cars, expected to reach nearly 120 million. billion USD by 2030. According to InsideEVs, electric bicycles are quickly reshaping the way people get around the world. This trend is most evident in Asia and Europe, where more and more people are choosing to leave their cars in the garage and instead commute by electric bicycle. The technology that goes into an e-bike today has advanced significantly compared to a decade ago, and it seems like the industry’s pace of development shows no signs of slowing down. A report published by Fortune Business Insights highlights the huge potential of the electric bicycle market, which is valued at 37.47 billion USD by 2022. As of 2023, this market has been valued at 43.32 billion USD USD and is predicted to skyrocket to USD 119.72 billion by 2030, a compound annual growth rate (CAGR) of 15.6% during the forecast period. With rapid growth, this industry may reach the above milestone sooner than expected. While e-bike usage is actually most popular in Europe and Asia, the growth of this…

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9 months, 3 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…

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9 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…

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10 months ago

Targeting the low-cost segment under 20,000 USD, will VinFast VF 3 make a difference?

According to Carscoops, the growing inflation rate, the increasing price of new cars, and the supply of affordable cars is also shrinking, meaning that owning a car is affordable for most people. The number of Americans gradually became distant. Since 2020, new and used car prices have both grown significantly. For vehicles rolling off the assembly line, the average retail price is now 30% higher than before the pandemic. For used cars, the average price is now up 38% compared to pre-pandemic times. Fortunately, in 2023, growth slowed and prices were only 1% higher than a year earlier. However, the average price of a new car today is $50,364, while the average price of a used car is $31,030. “Simply put, cars have become more expensive,” said Joseph Yoon, consumer taste analyst at Edmunds. In November 2019, the average transaction price for a new vehicle was $38,500. In November 2023, that number increased to $47,939.” Both new and used car purchases are expensive for drivers. According to a previous study by Market Watch, Americans need a total household income of at least $100,000 to buy a new car if they follow general budgeting principles and practices. While there is no…

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10 months ago

The Contribution of Government Incentives to Transport Sector Electrification

Carbon emissions will be greatly reduced when EVs are widely used. But for a variety of reasons, EV uptake has been sluggish. The high price of EVs is one of these factors. Governments have intervened, providing incentives to lower the cost of EVs and promote their uptake. The significance of government incentives in accelerating the electrification of the transportation industry is examined in this article. EVs’ Exorbitant Cost The adoption of EVs has been hampered by their expensive cost. EVs are more expensive than traditional gasoline and diesel cars. Numerous factors contribute to the high cost, such as the price of batteries, the absence of infrastructure, and low economies of scale. The high price of EVs is largely due to the cost of batteries. A sizeable amount of an EV’s overall cost is related to battery expenditures. The cost of producing batteries is high, and the science of batteries is still relatively new. Low battery costs are anticipated as manufacturing processes become more efficient and battery technology advances. The Function of Public Incentive Programs Governments have implemented incentives to lower the cost of EVs after realizing how important it is to promote EV adoption in order to minimize carbon emissions.…

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10 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…

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10 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…

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10 months, 1 week ago

VinFast shows strong commitment despite facing many challenges

According to AP News Agency (USA), the Vietnamese electric car brand believes that it can confidently succeed everywhere if it conquers the fiercely competitive US auto market. Many promises and also many challenges On a global scale, total sales in the last two quarters are 19,562 vehicles, while the company has a goal of delivering 50,000 vehicles this year. In an interview with AP, Ms. Le Thi Thu Thuy – VinFast Global General Director said that the US is a fiercely competitive market. However, VinFast is committed to accompanying the wave of countries making efforts to convert to electric vehicles to reduce emissions. “Prioritizing the US market is a deliberate decision by VinFast, even though the company faces strict regulations here,” VinFast CEO said. “We want to build credibility in this challenging market. Our reason is very simple, customers will trust VinFast if it is successful in the US market. To some extent, this will be a “stamp of confirmation” for VinFast’s success even though achieving this is not really easy,” AP news agency quoted Ms. Thuy as saying. Regarding how to enter the US market, VinFast CEO shared: “We realize that the trend of converting to electric vehicles is…

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10 months, 1 week ago

Charging station – a utility attached to real estate in the US

For office buildings and apartment buildings in the US, electric vehicle charging stations can be an important factor determining the occupancy rate of projects. Apartments lack appeal without charging stations In its analysis of the “race” for charging stations in apartment and office projects, the Los Angeles Times cited a story about a $350 million apartment building in downtown Los Angeles. Before official construction, project director Hamid Behdad said he had to “give in” to a last-minute request from the planning board members – quadrupling the number of electric vehicle charging stations at the tower. apartment. Although he agreed with the above plan, at that time, Hamid Behdad believed that it was “an excessive request”. But now that the tower on Broadway is complete and attractive to buyers, Hamid Behdad admitted he is glad that planning board members forced the project to install charging stations at more than 20% of parking locations. building car. “Without these 90 chargers, we would have real difficulty selling apartments here,” Hamid Behdad said. In many US cities, owners of apartment projects are racing to install charging stations to avoid business troubles. With growing demand from home buyers and renters, projects with full charging stations…

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10 months, 1 week ago