VinFast, a Vietnamese-based electric vehicle company that started in 2017, introduces the Pininfarina-designed VF e35 (left) and VF e36 SUV (right) EV models at the 2021 Los Angeles Auto Show. According to its website, VinFast opened its fully digital automotive manufacturing complex in 2017 on Cat Hai Island, Vietnam and will have its U.S. headquarters in Los Angeles.
Michael Lohscheller, the Global CEO of VinFast, a former Volkswagen and Opel executive, says "VinFast believes in The Future of Mobility, a future where smart vehicles are highly personalized technologies for life that combine eco-friendliness with maximum safety and outstanding driver experiences.” Vinfast will begin taking orders in the U.S. market for its electric VF e35 sedan and e36 SUV in the first half of 2022 and expects to begin delivering them by the end of the year from the 60 U.S. showrooms they expect to open next year. VinFast will offer a 10-year warranty to encourage consumers to switch to EVs.
VinFast's parent company, Vingroup, formerly known as Technocom Corporation, was founded in 1993 in Ukraine. In the early 2000s, Vingroup started in Vietnam with two key brands: Vincom and Vinpearl. In January 2012, Vinpearl JSC merged with Vincom JSC to form Vingroup Joint Stock Company.