First shipment of VinFast’s VF 8 electric cars arrives in US

By Huong Dung
Wed, December 21, 2022 | 10:05 am GMT+7

The first batch of 999 VF 8 electric vehicles manufactured by VinFast, the first Vietnamese EV producer, arrived in the U.S. on Tuesday as the vessel Silver Queen docked at the Port of Benicia in California.

The vessel Silver Queen docks at the Port of Benicia in California on December 20, 2022, bringing the first 999 VinFast VF 8 electric cars to the U.S. Photo courtest of VinFast.

The vessel Silver Queen docks at the Port of Benicia in California on December 20, 2022, bringing the first 999 VinFast VF 8 electric cars to the U.S. Photo courtest of VinFast.

The company has also received all the necessary certifications to sell the cars in the U.S., and will begin delivering these vehicles to customers by the end of this month, according to a VinFast release.

The vehicles, which arrived after 26 days at sea from Vietnam, are the VF 8 City Edition, a limited edition for the U.S. to enable direct customer experience of VinFast vehicles from 2022.

VF 8 City Edition owners will enjoy an industry-leading 10-year warranty for the vehicle, 10 years warranty for the battery (unlimited mileage), and 24/7 emergency roadside assistance during the warranty period.

Designed for regular daily commuters, the VF 8 City Edition's battery range has been recently certified by the U.S. Environmental Protection Agency (EPA) at 179 miles for the Eco and Plus models.

"Starting with this first delivery of 999 VF 8s City Edition, VinFast has made another giant step in its ongoing mission to bring all-electric transportation to everyone," said Le Thi Thu Thuy, vice chairwoman of Vingroup and CEO of VinFast Singapore.

VinFast, a subordinate company of Vietnam’s largest private conglomerate Vingroup, has received EPA COC to import and sell vehicles into the U.S. and additionally California Air Resources Board (CARB) EO to deliver vehicles to customers in California and states that have adopted CARB rules (14 other states and Washington D.C.).

Lastly, VinFast has also complied with all applicable Federal Motor Vehicle Safety Standards (FMVSS) issued by National Highway Traffic Safety Administration (NHTSA).

On December 7, VinFast announced it had filed for an initial public offering in the U.S. where it plans to build a manufacturing complex in North Carolina while promoting sales in the global market.

VinFast intends to list its ordinary shares on the Nasdaq Global Select Market under the symbol VFS.

Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC will act as lead book-running managers and as representatives of the underwriters for the proposed offering, the company said.

Comments (0)
  • Read More
Vietnam shipping, seaport stock rally driven by rosy outlook in 2025

Vietnam shipping, seaport stock rally driven by rosy outlook in 2025

Many shipping and port stocks have risen sharply since November on an optimistic outlook for the industry driven by increasing throughput and a shift in container shipping alliances in 2025.

Companies - Sun, December 22, 2024 | 10:00 am GMT+7

Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%

Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%

Singaporean fund Platinum Victory Pte. Ltd. has registered to buy another 16.8 million shares in Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (REE), aiming to increase its ownership to nearly 45%.

Finance - Sun, December 22, 2024 | 9:29 am GMT+7

1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam

1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam

The Hai Phong Economic Zone Management Board has taken a significant step forward in enhancing infrastructure around Lach Huyen Port by establishing a council to appraise the environmental impact assessment for the road connecting terminals No. 3 to No. 6.

Economy - Sun, December 22, 2024 | 8:00 am GMT+7

Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam

Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam

Hanoi police have issued an international arrest warrant for Le Khac Ngo, known as "Mr. Hunter," a key accomplice in a recently-dismantled massive foreign exchange and securities fraud ring.

Society - Sat, December 21, 2024 | 10:57 pm GMT+7

Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'

Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'

Leading global tourism companies have remarked that Phu Quoc has "yet to receive the recognition it deserves," despite its impressive and unexpected growth rate.

Travel - Sat, December 21, 2024 | 7:20 pm GMT+7

Thai central bank maintains policy interest rate at 2.25%

Thai central bank maintains policy interest rate at 2.25%

The Thai Chamber of Commerce (TCC) has said it backs the decision by the Bank of Thailand, the country's central bank, to maintain the policy interest rate at 2.25%, considering the move as suitable for a reviving economy.

Southeast Asia - Sat, December 21, 2024 | 5:43 pm GMT+7

Vietnam's military-run tech giant Viettel strikes big deals at international defence expo

Vietnam's military-run tech giant Viettel strikes big deals at international defence expo

Subsidiaries of Military Industry and Telecommunications Group (Viettel) signed a string of significant contracts with major global partners during the first two days of the Vietnam International Defence Expo 2024 in Hanoi.

Companies - Sat, December 21, 2024 | 5:36 pm GMT+7

Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion

Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion

Taiwan-headquartered Wistron, a top electronics provider and an Apple supplier, will further its investment in Vietnam’s northern province of Ha Nam by acquiring another 37.1-hectare land lot.

Companies - Sat, December 21, 2024 | 2:08 pm GMT+7

VAFIE seeks to promote sci-tech development, intellectual property policies

VAFIE seeks to promote sci-tech development, intellectual property policies

The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) aims to enhance policies for the development of science, technology, and intellectual property, creating a more conducive investment environment.

Companies - Sat, December 21, 2024 | 1:59 pm GMT+7

Vietnamese dong likely to depreciate 3% in 2025: VinaCapital

Vietnamese dong likely to depreciate 3% in 2025: VinaCapital

The Vietnamese dong is likely to depreciate 3% in 2025 on anticipation that the US Dollar/DXY Index will finish 2025 nearly unchanged, says Michael Kokalari, chief economist at Vietnam's leading fund manager VinaCapital.

Economy - Sat, December 21, 2024 | 11:23 am GMT+7

First luxury railway journey across Vietnam features Indochine architecture

First luxury railway journey across Vietnam features Indochine architecture

PYS Travel has launched the first luxury railway journey across Vietnam named Sjourney, marking a new milestone in the railway tourism sector.

Travel - Sat, December 21, 2024 | 10:09 am GMT+7

Vietnam among 40 most beautiful countries: US publication

Vietnam among 40 most beautiful countries: US publication

Vietnam has secured the 36th position in the ranking of the 40 most beautiful countries in 2024 in a testament to its undeniable charm and appeal, according to US News & World Report.

Travel - Sat, December 21, 2024 | 10:04 am GMT+7

Foxconn to invest $16 mln more in Vietnam’s Quang Ninh province

Foxconn to invest $16 mln more in Vietnam’s Quang Ninh province

Competition Team Technology (Vietnam) Company Limited, a subsidiary of Foxconn, will invest an extra $16 million in its “S- Vietnam” project in the northern coastal province of Quang Ninh.

Industries - Sat, December 21, 2024 | 9:53 am GMT+7

Vietnam’s small- and medium-sized businesses embrace digitization to weather global expansion risks: survey

Vietnam’s small- and medium-sized businesses embrace digitization to weather global expansion risks: survey

While global expansion remains a key priority for the country's small- and medium-sized businesses (SMBs), achieving this goal requires overcoming challenges by leveraging the right talent and advanced technologies, including AI, according to Payoneer’s findings.

Companies - Sat, December 21, 2024 | 7:56 am GMT+7

Vietnam tax authorities collect $169 mln from delinquent taxpayers through exit bans

Vietnam tax authorities collect $169 mln from delinquent taxpayers through exit bans

Vietnam's tax authorities have collected about VND4.3 trillion ($169 million) from 6,500 delinquent taxpayers through exit ban measures so far this year, nearly five times the amount reported in the middle of the year.

Finance - Fri, December 20, 2024 | 10:29 pm GMT+7

French, Chinese EV manufacturers to invest in Indonesia

French, Chinese EV manufacturers to invest in Indonesia

Three global electric vehicle (EV) manufacturers - France’s Citroen and China’s BYD and AION - have committed to establishing EV manufacturing plants in Indonesia, Minister of Industry Agus Gumiwang Kartasasmita has announced.

Southeast Asia - Fri, December 20, 2024 | 6:42 pm GMT+7