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VinFast to make use of $20K EVs to enter U.S. market at CES 2024

Debuting on the Nasdaq (^IXIC) in August 2023 through a SPAC deal, Vietnamese EV startup VinFast Autos (VFS) has set formidable benchmark targets for its electrical automobile manufacturing and affordability for American shoppers. VinFast unveiled its Wild electrical pickup truck on the 2024 Client Electronics Present (CES), whereas additionally showcasing its all-electric VF3 SUV (known as a “mini-SUV”).

VinFast Board of Administrators Chairwoman Madame Thuy sits down with Yahoo Finance’s Akiko Fujita to debate the automaker’s entry level into the US auto market regardless of waning EV adoption charges, affordability being a significant hindrance for American automotive patrons.

“From the very starting, we are saying that our mission is to make EVs accessible to everybody. You see all of the fashions that we have now… in our lineup of autos, something from… the inexpensive EVs below $20,000 to a really luxurious VF9 that may match the entire household,” Thuy states.

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