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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

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 VF Wild, VF 3 design team: Established 3 years in Australia, gathering many talents

VinFast VF Wild and VF 3 mark the official partnership between the Vietnamese car company and Australian experts who have worked for many large companies. Previous VinFast models were often designed by Italian designers such as VF e34, VF 8 and VF 9 with cooperation from Pininfarina, or VF 6 and VF 7 from Torino Design, while VF 5 is a combination of both. The appearance of Gomotiv, a design company from Australia, in the creation of VF Wild and VF 3 created no small surprise. Who is Gomotiv? Gomotiv may not be as familiar a name as VinFast’s previous design partners, but the company also contributed to the design of VF 5, VF 6 and the initial concept of VF 7, according to the electric vehicle site. of Australia EV Central. Established in January 2021, Gomotiv brings together designers from major brands such as General Motors-Holden, Ford, Jaguar Land Rover, McLaren. CEO Robert Thorpe and design director Justin Thompson both have long experience in the industry and are knowledgeable about creating brand recognition through car design. CEO Robert Thorpe and design director Justin Thompson are both former General Motors-Holden designers. Robert Thorpe said having a design team with industry…

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10 months, 1 week ago

American car dealers love the VF3

Ms. Le Thi Thu Thuy – VinFast global CEO said that the VF 3 mini SUV will launch early next year in the US market, priced under 20,000 USD. In August 2023, Vietnamese auto brand VinFast made its mark when it was officially listed on the US stock exchange Nasdaq with ambitious goals of producing affordable electric vehicles for American consumers. At the CES 2024 Consumer Electronics Show, VinFast introduced the Wild electric pickup truck and the all-new VF 3 mini SUV. On this occasion, Yahoo Finance editor Akiko Fujita had a discussion with VinFast Chairman of the Board of Directors – Ms. Le Thi Thu Thuy about the strategy to penetrate the US market, in the context of the user adoption rate. Electric cars are declining and affordability is a major obstacle for car buyers in the United States. “From the beginning, our mission has been to make electric vehicles accessible to everyone. You can see all car models appear on our list, from affordable electric cars under 20,000 USD to the spacious, luxurious VF 9 suitable for the whole family”, Ms. Thuy shared. Below is the detail of the conversation: Akiko Fujita: “In 2023, VinFast made a big…

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10 months, 1 week ago

The first 5 independent dealers have signed with VinFast in the US

VinFast, a global smart electric vehicle manufacturing company, announced the official signing with the first 5 dealers across 4 states in the US, providing customers with the opportunity to immediately experience VinFast electric vehicles. The first VinFast dealers include Leith VinFast (Raleigh, North Carolina), Smith Haven VinFast (St. James, New York), Principle VinFast Grapevine (Grapevine, Texas), Hiley VinFast of Fort Worth (Fort Worth, Texas) and VinFast Wichita (Wichita, Kansas). Dealers will begin selling the VF 8, followed by the VF 6, VF 7 and VF 9 as soon as these models launch in the US. All customers who buy or rent VinFast electric vehicles will receive genuine after-sales policies including a 10-year/125,000-mile warranty for the vehicle, 10-year unlimited mileage for the battery. Ms. Tran Mai Hoa, Deputy General Director of VinFast Global Sales and Marketing, said: “This is an important step affirming VinFast’s commitment to expanding its business network and shortening the time to bring products to market.” school. Cooperating with dealers helps VinFast quickly bring consumers good quality electric car models, good prices and excellent after-sales policies, promoting the goal of greening global transportation.” Mr. Danny Williams, CEO at Leith Automotive Group, one of VinFast’s dealers, excitedly said: “We…

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10 months, 2 weeks ago 1 Bình luận

Details of VinFast’s “flying dragon” electric bicycle: Operating range of more than 100 km/charge

VinFast officially introduced the DrgnFly electric bicycle model to the US market at the CES 2024 Electronics and Consumer Exhibition, exactly 1 year after the concept car was displayed at CES 2023. The name “DrgnFly” is inspired by the image of a dragon flying into the sky. This electric bicycle model is the result of cooperation between VinFast and Eskild Hansen, a creative studio from Denmark that has won many Red Dot awards. This combination brings a unique design, blending classic style with the future of sustainable transportation. The vehicle’s appearance has many similarities with mini motorbike models such as Honda MSX or Monkey. The chassis is made of aluminum to ensure durability and flexibility. In addition, the car is also equipped with extended handlebars and large tires and an ergonomic saddle, providing an optimal driving experience for users. The vehicle has two operating modes, including pedal assist or fully electric. The car’s length x width x height dimensions are 1,695 x 690 x 1,040 mm, seat height is 760 mm. DrgnFly uses a 750W motor integrated into the rear wheel, comes with a single-speed gearbox and torque sensor. Maximum speed up to 30 miles/h. Advanced energy optimization system helps…

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10 months, 2 weeks ago

VinFast Mirrorsense won the Innovation Award Honoree at CES 2024

Las Vegas, Nevada – January 8, 2024 – VinFast MirrorSense, the first automatic mirror adjustment technology using artificial intelligence (AI) application, has just been awarded the Innovation Award Honoree for the Vehicle Technology and Solutions category Advanced mobility of CES 2024 (January 9-12, 2024). The award not only recognizes VinFast’s technological breakthrough, but also affirms the position and potential of Vietnamese brands in the global technology market. VinFast MirrorSense – Automatic mirror adjustment technology is jointly developed by VinFast Auto (Nasdaq: VFS) and VinAI, a member company of Vingroup specializing in research and development of artificial intelligence (AI) application technology. MirrorSense technology can accurately detect the driver’s head position and eye gaze direction with an accuracy of 10 mm, thereby automatically adjusting the position of all mirrors accordingly. This is a groundbreaking combination of exclusive AI algorithms, intuitive, and user-friendly design. MirrorSense was trained with 25,000,000 images from 250,000 real world objects. The performance of the above feature has been validated with 504 self-collected videos from 126 participants, which can be seamlessly integrated into smart vehicles with Driver Monitoring Systems. . Ms. Tran Mai Hoa, Deputy General Director of VinFast Global Sales and Marketing, said: “Customer safety is always VinFast’s…

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10 months, 2 weeks ago

VINFAST GLOBALLY LAUNCHES THE VF 3 – A GREEN MOBILITY SOLUTION FOR EVERYONE

Las Vegas, Nevada – January 09, 2024 – At CES 2024, VinFast Auto (Nasdaq: VFS) officially announces the global launch of its latest electric model, the VF 3. This dynamic mini-eSUV, packed with character and personality, adds a new dimension to smart, sustainable, and accessible urban mobility for everyone. Designed to unbound the imagination, the VF 3 combines practicality, creativity, and style to ignite new joy and inspire personal realization, and spark creativity among its drivers. The VF 3 features a seamless balance of robust geometric blocks and sleek lines, creating an aesthetically pleasing exterior designed to enhance its owner’s personality. In addition, the ample ground clearance and 16-inch wheels underscore the vehicle’s sturdy and practical design and its capacity to navigate different types of terrains. The car’s interior embraces a minimalist approach, providing ample space and incorporating essential smart features for a comfortable and convenient driving experience. As a mini-eSUV, the VF 3 boasts a well-proportioned footprint for effortless city navigation. With an overall dimension of approximately L125.6 x W66.1 x H63.8 (inch) and a target estimate of driving range of over 125 miles per full charge, this practical four-seater delivers comfort while maintaining optimal maneuverability, empowering drivers to…

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10 months, 2 weeks ago