VinFast says one U.S. plant 'enough' as EV maker sets sights on India

Company unveils budget mini model for American market, where sales have been slow

20240109 Vinfast 1

VinFast held a news conference at CES in Las Vegas on Jan. 9 to unveil its first electric pickup truck and a low-priced mini EV. (VinFast)

YIFAN YU, Nikkei staff writer

LAS VEGAS, U.S. -- Vietnamese automaker VinFast has unveiled three new electric models, including an e-bike, for the American market but says it has no plans for a second factory there as it sets its sights on Asia.

Le Thi Thu Thuy, chairwoman of VinFast, told Nikkei Asia on the sidelines of the CES consumer electronics show that the North Carolina factory now being built is "enough for now" for the U.S. and that it is not currently looking to build another.

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