How This Vietnamese Carmaker Is Trying To Beat Tesla In The U.S.

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  • čas přidán 27. 07. 2022
  • The Vietnamese EV brand VinFast is an unknown name from a country with a tiny auto industry. But the company has already opened six stores in California and has plans for many more. It also is building a $2 billion factory in North Carolina and is planning an IPO, though timing is uncertain. It has partnerships with leading industry firms, such as LG Chem, Gotion, Pininfarina, ZF. And it has recruited alumni from some of the world’s top automakers, including Ford, General Motors, Toyota, Hyundai, Porsche, Jaguar-Land Rover, Volkswagen, and others.
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    How This Vietnamese Carmaker Is Trying To Beat Tesla In The U.S.

Komentáře • 3K

  • @apolloomd4939
    @apolloomd4939 Před rokem +1

    As an American. I want to see them succeed. Goodluck Vinfast. Make sure you have worked out all the kinks and have a safe vehicle or you won't last long here.

  • @PutinGayTwin
    @PutinGayTwin Před rokem +32

    Forcing the customer to buy the battery subscription right away, when they just bought the car is a bad bad idea. Who the hell just bought a 50k car and making payment for it plus the battery subscription? Plus, when you buy a brand new car, you will expect that car to works good, not needing any repairs. If the car doesn't needs repair, then why the hell would I need the subscription for?

  • @peryole
    @peryole Před rokem +137

    There’s 0 chance in hell that I’d ever pay over 40k for a car and then have to pay for a battery on a separate bill monthly and for a brand no one has ever heard of. This is doomed to fail in this country. This is not Vietnam, the US is massive and 310 miles is something that would be used up in less than a week, but they want it to be a 1 month allowance. What happens if the car is stolen or totaled in an accident, who pays for the battery?

  • @ktpeters4827
    @ktpeters4827 Před rokem +13

    I saw only 2 VinFast on the streets in Vietnam when I was there in July .And a lot of Honda and Toyota on the streets in Vietnam

  • @larryhandley6636
    @larryhandley6636 Před rokem +23

    They had me all the way up until I heard the word "subscription" for the battery. Nah.

  • @MaThienThan
    @MaThienThan Před rokem +38

    They honestly do not need to triump Tesla in order to succeed, as the EV market has room for many players. Buidling reliable, safe cars with "slick" design but at a affordable price point should be enough. Well, that and tremendous amount of capital to withstand the competition that is trying to do the same exact thing. US should be the most open-minded market since they already buy imported cars from many other countries. As a Vietnamese myself, I would think that seeing the success of this would be a critical moment for Vietnam manufacturing industry. Truly hope they can succeed.

  • @nancynails9692
    @nancynails9692 Před rokem +114

    I hope Vinfast know that in America they can't get police arrest and put buyers in prison when buyers complain about their product's faults.

  • @oliviabethofort5546
    @oliviabethofort5546 Před rokem +155

    I have to admit Pininfarina did a great job giving Vinfast VFs a unique, elegant and beautiful design. Most of modern vehicle brands are recognized by their small logos, which cannot tell them apart from a distance, especially at night. However, if you look at a Vinfast's front, back or sides, particularly VF9, you know it's Vinfast with letter Vs and the unique V-shaped led lines from a distance or at night.

  • @presley492
    @presley492 Před rokem +185

    The biggest mistake you can make when investing is to think that you are smarter than the market. It’s almost impossible to time the consistency, you will miss out on great opportunities if you do this. simply DCA into high conviction stocks and let your position grow.

  • @relaxingtube6632
    @relaxingtube6632 Před rokem +76

    I think VinFast should listen to American buyers. We do not want to lease the battery. And or give buyers 2 options to choose from, either buy the whole car with battery and or lease battery. If the price is right, buyers will support this new brand. That’s it … life is simple :)

  • @acefullking
    @acefullking Před rokem +38

    I wish them the best, but it needs to be much more affordable than other brands to be compatible. If the price isn't compatible, I can't see myself going after an unknown VinFast over other well-established brands.

  • @damiann4734
    @damiann4734 Před rokem +2

    The car looks great. I really like the idea of leasing battery. Unfortunately not alot of consumers aware how fast a lithium battery degrade. They still think battery will last 10 years if they look after it lol. No! It degrades everytime you drive and charge. If you leave your car outdoor, it will degrade even faster. Lithium battery technology hasn't progressed far and will not be for a long time. Also, when battery gets below a certain capacity, the battery is very volatile meaning it could explode. This is why owning your battery is not a good idea! You rather not pay up front, and always be guaranteed to have a battery working at 100% capacity all the time. Also, alot of people think only market is the end consumers. There are car rental markets where they would want insurance on the battery. Most car insurance do not cover wear and tear. This is why I think VinFast will have an edge over other makers. Having said that, I'd like to see VinFast to provide customisable battery subscription so it will fit with budget at all levels.

  • @AssassinCreep2552
    @AssassinCreep2552 Před rokem +110

    I think the battery lease program is not going to go over well in the USA. Because no one wants to pay $450 to 750 for a EV and still have to fork over another$110 a month along with insurance payments.

  • @Kiwikify
    @Kiwikify Před rokem +80

    They are going to need to rethink their subscription model. 310 miles a month is not enough for the average American.

  • @richardt1792
    @richardt1792 Před rokem +41

    Someone is going to have to come up with a $20,000 EV, a gettaround car that doesn't go long range, won't hit 200mph, Just a decent car for the city. A car for students, as a second car in the family, ect. At that price point, I think a lot of people would choose it over a gas vehicle. The savings on gas and repairs would make it the economical choice.

  • @Dun_Der
    @Dun_Der Před rokem +10

    GOO Vinfast! I will be supporting you in AMerica. Will be buying one of your EVs. As long as it is a quality product and excellent customer care, I am in.

  • @chang5836
    @chang5836 Před rokem +75

    Great video.}Am still learning crypto, have a question. Can we trade from our crypto wallet? Or must we deposit from our crypto wallet in the crypto account on order to trade? 🙏🙏

  • @romanpuchko
    @romanpuchko Před rokem +37

    Oh, we loved those cheap-but-decent noodles 15 years back, being students here in Ukraine!

  • @showcaseSampa
    @showcaseSampa Před rokem +6

    My educated guess they started in the US because the largest Vietnamese community is in the US.

  • @sharadthakur67
    @sharadthakur67 Před rokem +29

    I think vinfast is more suitable for Indian EV market rather than costly Tesla