'VinFast Considers Ultralow-Priced VF 3 EV For U.S. At Urging Of Prospective Dealers; The 2-Door EV Sits Below The Subcompact Segment At Just Over 10 Ft Long. Duke Hale, An Adviser To VinFast, Said The VF 3 Could Have A Sticker Price Of $20,000 Or Less' - Automotive News
Portfolio Pulse from Benzinga Newsdesk
VinFast Auto is considering introducing the VF 3 minicar, designed for the Vietnamese market, to the U.S. market as a sub-$20,000 city car. The decision is being influenced by prospective dealers. The VF 3 is a 2-door EV that is just over 10 feet long.
October 27, 2023 | 7:25 pm
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POSITIVE IMPACT
VinFast Auto's consideration to introduce the VF 3 minicar to the U.S. market could potentially expand its product portfolio and reach in the U.S.
The introduction of a new, affordable EV model to the U.S. market could potentially increase VinFast's market share and brand recognition in the U.S. However, the success of this move will depend on the acceptance of the product by the U.S. consumers.
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IMPORTANCE 70
RELEVANCE 100