VinFast Announces New U.S. Dealers Across Several States

Chris Teague
by Chris Teague

VinFast has had several early bumps in the road, but the Vietnamese automaker appears to be hitting its stride in at least one area. The company recently announced an expansion to its U.S. dealer network, giving it stores in several new areas and growing its footprint to 18 dealerships in seven states.


VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. retail footprint, though it’s still unclear how the early reviews will affect sales of its EVs at the new locations.


Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S. is the VF 8 SUV. Deliveries have been slow to start in 2024, with only 448 new registrations in the first two months of the year. It only managed 265 in all of 2023, though that was likely due to delays in the rollout and early hiccups with the vehicle’s tech.


VinFast’s North Carolina factory will be up and running by next year and is expected to start production by the end of 2025. If the automaker meets other requirements for federal tax incentives, the domestic output would qualify its vehicles for up to $7,500 in credits at the time of sale.


The VF 8 has struggled to break ground in the increasingly crowded EV market, as spotty reviews have highlighted deficiencies with its tech, ride quality, and driver assistance features. That said, the price isn’t terrible by current EV standards, starting at $47,200 with leases at $429 monthly. Leasing EVs can also be a loophole in the federal tax credit rules, making the VF 8 slightly more attractive for buyers.


[Image: VinFast]


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Chris Teague
Chris Teague

Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.

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  • 28-Cars-Later 28-Cars-Later on Apr 25, 2024

    "The VF 8 has struggled to break ground in the increasingly crowded EV market, as spotty reviews have highlighted deficiencies with its tech, ride quality, and driver assistance features. That said, the price isn’t terrible by current EV standards, starting at $47,200 with leases at $429 monthly."


    In a not so surprising turn of events, VinFast US has already gone bankrupt.

  • TheEndlessEnigma TheEndlessEnigma on Apr 26, 2024

    Poor planning here, dropping a Vinfast dealer in Pensacola FL is just not going to work. I love Pensacola and that part of the Gulf Coast, but that area is by no means an EV adoption demographic.

    • CrackedLCD CrackedLCD on Apr 29, 2024

      That was my thought as well. Pensacola itself could be considered a bit progressive but it's surrounded by a vastly larger conservative rural and naval-led area. Them and Bowling Green are definite "WTF?" choices.


  • SCE to AUX Here's a crazy thought - what if China decides to fully underwrite the 102.5% tariff?
  • 3-On-The-Tree They are hard to get in and out of. I also like the fact that they are still easy to work on with the old school push rod V8. My son’s 2016 Mustang GT exhaust came loose up in Tuscon so I put a harbor freight floor jack, two jack stands, tool box and two 2x4 in the back of the vette. So agreed it has decent room in the back for a sports car.
  • Kjhkjlhkjhkljh kljhjkhjklhkjh so what?? .. 7.5 billion is not even in the same hemisphere as the utterly stupid waste of money on semiconductor fabs to the tune of more than 100 billion for FABS that CANNOT COMPETE in a global economy and CANNOT MAKE THE US Independent from China or RUSSIA. we REQUIRE China for cpu grade silicon and RUSSIA/Ukraine for manufacturing NEON gas for cpus and gpus and other silicon based processors for cars, tvs, phones, cable boxes ETC... so even if we spend trillion $ .. we STILL have to ask china permission to buy the cpu grade silicon needed and then buy neon gas to process the wafers.. but we keep tossing intel/Taiwan tens of billions at a time like a bunch of idiots.Google > "mining-and-refining-pure-silicon-and-the-incredible-effort-it-takes-to-get-there" Google > "silicon production by country statista" Google > "low-on-gas-ukraine-invasion-chokes-supply-of-neon-needed-for-chipmaking"
  • ToolGuy Clearly many of you have not been listening to the podcast.
  • 1995 SC This seems a bit tonedeaf.
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