VinFast Auto Officially Reveals US Rollout Of The DrgnFly Electric Bike, At CES 2024; Prices Expected To Start From $2,800
Portfolio Pulse from Benzinga Newsdesk
VinFast Auto has announced the US launch of the DrgnFly electric bike at CES 2024, with prices starting at $2,800 and a two-year unlimited mileage warranty. The bike is also expected to debut globally soon.
January 10, 2024 | 11:02 am
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VinFast Auto, under the symbol VFS, is launching the DrgnFly electric bike in the US with competitive pricing and a strong warranty, indicating a strategic move into the electric mobility market.
The announcement of a new product launch, especially in the growing electric mobility sector, is typically seen as a positive development for a company. The competitive pricing and warranty of the DrgnFly electric bike suggest that VinFast is positioning itself aggressively in the market, which could lead to increased sales and brand recognition. This is likely to have a positive impact on VFS's stock price in the short term, as investors may anticipate growth from this new venture.
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